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Indian Oil ramps up LPG output 30%

State-owned Indian Oil Corporation (IOC) increased liquefied petroleum gas (LPG) production by nearly 30% and kept its refineries running above full capacity as disruptions to maritime trade through the Strait of Hormuz put India's energy supplies under pressure, chairman Arvinder Singh Sahney said on Monday.Addressing IOC's 67th annual general meeting, Sahney said the escalation of the West Asia conflict had disrupted global energy markets and forced the company to diversify crude sourcing, rework refinery operations and secure supplies from alternative geographies.Also Read: ONGC explores drillship acquisition/JV for deepwater capacity under Samudra ManthanFor IndianOil, the priority during this unprecedented crisis has remained crystal clear - to maintain continuity of energy supplies despite constrained sourcing options and volatile international markets, he said.India imports more than 88% of its crude oil requirement, with around 45% of crude imports and nearly 90% of LPG imports linked to the Strait of Hormuz. Any prolonged disruption to the strategic waterway therefore poses a significant risk to the world's third-largest oil consumer.Sahney said IOC responded by diversifying crude purchases, adjusting refinery operations and strengthening supply-chain coordination, while working closely with the Ministry of Petroleum and Natural Gas.With close monitoring and guidance from the Ministry of Petroleum and Natural Gas, our teams have responded with agility - diversifying crude sourcing, realigning refinery operations and strengthening supply-chain coordination to secure alternate supplies, optimise cargo movements and rebalance products across regions, he said.The company deployed 24-hour control rooms, daily reviews and real-time market monitoring to identify and address supply gaps. Despite having to move significantly away from Middle Eastern crude grades, IOC said it maintained product availability across the country.Despite a significant shift away from Middle Eastern crude grades, our refineries operated above 100 per cent utilisation, LPG production was ramped up by nearly 30 per cent within a short period, and our gas business maintained supplies to priority sectors while securing additional LNG from diversified geographies, Sahney said.Also Read: Indian Oil reassesses 33,000 crore Tamil Nadu refinery, eyes petrochemicals complexRecord operations despite West Asia shockThe supply disruption came as IOC posted a record operating performance for the year ended March 2026.The company reported a standalone net profit of Rs 36,802 crore on turnover of about Rs 8.86 lakh crore. Aggregate sales across petroleum products, natural gas and petrochemicals exceeded 105 million tonnes.IOC's refineries processed a record 75.45 million tonnes of crude during the year, while liquid pipeline throughput reached an all-time high of 102.52 million tonnes. Domestic petroleum-product sales also hit a record 88.97 million tonnes.The strong operating performance extended into the first quarter of the current financial year. IOC processed a record 19.17 million tonnes of crude, equivalent to 109.4% capacity utilisation, while pipeline throughput rose to a quarterly record of 28.55 million tonnes.Its share of the domestic petroleum-products market increased to 43.1%, Sahney said.While profitability during the quarter remained under pressure from higher crude costs arising from the West Asia conflict, the strength of our operating performance gives us confidence in the underlying resilience of your company, he said.Refining capacity to cross 98 million tonnesIOC is also stepping up investments to expand its refining footprint.Expansion projects at its Panipat, Gujarat and Barauni refineries are expected to lift the company's group refining capacity from 80.75 million tonnes a year to around 98 million tonnes.As India works towards expanding its overall refining capacity to 300 million tonnes a year, IOC expects to account for more than 40% of the additional capacity, Sahney said.At the same time, the company is seeking to reduce its reliance on traditional refining by expanding into higher-growth businesses such as petrochemicals, natural gas, renewables, biofuels, green hydrogen and sustainable aviation fuel.IOC aims to increase its petrochemical intensity to around 15% by 2030 and raise natural-gas sales 1.5 times by the same year. It also plans to increase upstream integration to more than 10% by 2031.On energy transition, construction has begun on a large-scale green hydrogen plant at Panipat. IOC has also received ISCC CORSIA certification for sustainable aviation fuel production through co-processing at its refinery.Its renewable-energy arm Terra Clean is developing 1 GW of capacity, with another 4.3 GW under preparation.For Sahney, the disruption caused by the West Asia conflict has reinforced the importance of preparing for supply shocks before they occur.Resilience has to be built before it is tested, he said. In an uncertain world, energy security depends not only on scale, but equally on agility, diversification and preparedness.Sahney said IOC's strategy would be to evolve into a more diversified and integrated energy company while keeping India's energy security at the centre of its operations.In moments of national need, the country's energy security comes first, he said.

The Economic Times 31 Aug 2026 3:35 pm

The Great Khali's accident video goes viral; WWE star escapes unhurt | Watch

The Great Khali was involved in a minor accident at a toll plaza in Panipat, Haryana. After visuals went viral, the former WWE star reassured fans that he was unharmed, saying he initially avoided discussing the incident because he didnt want attention

Mid Day 31 Aug 2026 10:16 am

PUCB Recruitment 2026 - Apply Offline for 19 Junior Accountant, Senior Clerk and More Posts

The Panipat Urban Co-op. Bank Ltd (PUCB) Recruitment 2026 for posts of 19 Junior Accountant, Senior Clerk and More Posts. Candidates with BCA, B.B.A, B.Com, B.Tech/B.E, M.Com, MBA/PGDM Can Apply Offline. The Offline application opens on 01-09-2026, and closes on 15-09-2026. The candidate shall apply Offline through PUCB website, pucb.bank.in/.

FreeJobAlert 31 Aug 2026 10:10 am

The Great Khali Escapes Unhurt After SUV Accident In Panipat, Assures Fans 'I'm Absolutely Okay'

At 54, The Great Khali remains one of the most recognisable Indian names in professional wrestling

NDTV 30 Aug 2026 3:24 pm

Panjab University Law Student Dies By Suicide In Campus Hostel

The victim has been identified as Chatanniya Singh, a resident of Panipat, Haryana, police said on Saturday. He was an LLB student at the University Institute of Legal Studies (UILS).

NDTV 30 Aug 2026 11:10 am

CBI Arrests Assistant DGFT in Haryana Bribery Case

Chandigarh, August 20: The Central Bureau of Investigation (CBI) has arrested an Assistant Director General of Foreign Trade (DGFT) stationed in Panipat, Haryana, in connection with a bribery case. On Wednesday, the agency released a press statement detailing the charges against the accused. It is alleged that the Assistant DGFT solicited a bribe of 30,000 ... Read more CBI Arrests Assistant DGFT in Haryana Bribery Case

Morningstar 20 Aug 2026 3:25 am

Khalin Joshi clinches J&K Open title by record 9-Shot margin

Srinagar, Aug 7: Khalin Joshi carded a five-under 66 to complete a commanding nine-shot victory at the INR 1 crore J&K Open 2026 at the picturesque Royal Springs Golf Course in Srinagar. The 33-year-old Bengaluru golfer (63-66-65-66) finished with a tournament total of 24-under 260 to claim his eighth professional title and second victory of the 2026 DP World PGTI season. Joshi, as per a PGTI statement, collected the winners cheque of INR 15 lakh and climbed five places from 13th to eighth in the DP World PGTI Rankings, taking his seasons earnings to INR 34,85,575. Delhis Rashid Khan (68-68-64-69), a two-time Asian Tour winner, finished runner-up at 15-under 269. Panipats Shubham Jaglan (70-68-66-66), a University of South Florida graduate, produced his best result of the season by finishing third at 14-under 270. Joshi began the final round with a six-shot cushion but admitted to feeling nervous after missing the opening fairway. He settled down by the third hole and made successive birdies on the third and fourth to strengthen his grip on the tournament. I was definitely nervous at the start, especially after missing the first fairway, said Joshi. I began to feel more comfortable by the third hole, and the birdies on the third and fourth put me at ease. With the rough making approach shots difficult throughout the week, Joshis plan was to keep the ball in play and rely on the putting touch that had carried him into the final round with a sizeable advantage. My game plan was to keep hitting fairways because I knew that would give me enough birdie opportunities, he said. The key was to stay in the present, execute each shot as well as I could and keep thinking positively. Seeing my drives go straight all day was very satisfying. Joshi added five birdies without dropping a shot to extend his bogey-free run to 55 holes. His closing 66 was his third consecutive bogey-free round and capped a dominant week in which he made just one bogey across 72 holes. The victory followed his four-shot triumph at the Andhra Open in April, where he finished at nine-under 275, and continued an impressive season on the domestic circuit. Joshi was also delighted to win during his fourth visit to Jammu and Kashmir, having previously travelled to Pahalgam and Jammu. Im very happy with the way I played throughout the week and with the overall performance, he said. Royal Springs is unbelievable and offers some of the best views we see all year. It is a stunning golf course, and I hope we can return more often. Joshi believes more tournaments, junior programmes and coaching camps could help the sport grow in the region and enhance Jammu and Kashmirs reputation as a golf tourism destination. There is a lot of potential here. The course is in pristine condition and the weather is excellent, he said. More tournaments would attract stronger fields and more visitors. Hopefully, Royal Springs can host an international event in the future. Chandigarhs Ajeetesh Sandhu (65-72-65-70), also a former Asian Tour winner, finished fourth at 12-under 272. DP World PGTI Order of Merit leader Saptak Talwar (69-71-65-70), Asian Tour winner Rahil Gangjee (73-67-66-69) and Chandigarhs Angad Cheema (68-68-68-71) shared fifth place at nine-under 275. Talwar strengthened his position at the top of the season rankings, taking his earnings for the year to INR 82,53,034. Notably, the par-4 11th hole was adjusted to a 103-yard par-3 for the tournament, bringing the course par down to 71. The J&K Open 2026 was supported by event title partner J&K Tourism and hosted at the Royal Springs Golf Course. The tournament was principally backed by global smart logistics provider DP World, serving as PGTIs Umbrella Partner, alongside Tour Partners Axis Bank, Amul, Amrutanjan Enerlyte, Campa, Air India Maharaja Club and Kalyani. Their collective participation reflects a shared commitment to Indian professional golf and to showcasing Jammu & Kashmirs growing stature as a destination for the sport. About DP World Professional Golf Tour of India (DP World PGTI) The DP World Professional Golf Tour of India serves as the official governing and sanctioning body for mens professional golf in India and is a recognised member of the International Golf Federation and the International Federation of PGA Tours. DP World PGTI also enjoys a strategic alliance with the DP World Tour (European Tour). DP World PGTI events offer Official World Golf Ranking (OWGR) points. Global logistics leader DP World is the Title Partner and Official Umbrella Partner of the DP World PGTI. The DP World PGTI is led by its President, Padma Bhushan Shri Kapil Dev, an iconic sporting legend who continues to inspire athletes and audiences nationwide.

Greater Kashmir 8 Aug 2026 6:23 am

PM Modis Call on National Handloom Day Sparks Excitement Among Weavers and Boosts Sales

Panipat, August 8: Prime Minister Narendra Modi extended his warm wishes to the nation on National Handloom Day, honoring Indias rich handloom tradition and the artisans who have preserved this craft for generations. He urged citizens to embrace handloom products, which has ignited enthusiasm among handloom businesses across the country. Weavers in Panipat expressed their ... Read more PM Modis Call on National Handloom Day Sparks Excitement Among Weavers and Boosts Sales

Morningstar 8 Aug 2026 2:00 am

Khalin Joshi Dominates at Royal Springs, Clinches J&K Open 2026 in Style

Joshis dominant week earned him 15 lakh and propelled him five spots up the DP World PGTI Rankingsfrom 13th to eighthtaking his season earnings to 34,85,575. Delhis Rashid Khan, a twotime Asian Tour winner, finished a distant second at 15under 269, while Panipats Shubham Jaglan produced his best result of the year, claiming third at 14under 270

Deccan Chronicle 7 Aug 2026 5:13 pm

Khalin Joshi maintains firm grip on J&K Open with 6-Shot lead

Srinagar, Aug 6: Khalin Joshi shot a six-under 65 to end the third round with a comfortable six-shot lead at the INR 1 crore J&K Open 2026 being played at Royal Springs Golf Course in Srinagar. The 33-year-old Bengaluru golfer, who began the day seven shots clear, as per a PGTI statement, followed his first two rounds of 63 and 66 with another composed display to reach 19-under 194. Delhis Rashid Khan (68-68-64), also a former Asian Tour winner, fired the days best score of seven-under 64 to move into sole second place at 13-under 200, six shots behind Joshi. Khalin Joshis second successive bogey-free round featured six birdies and extended his run without a dropped shot to 37 holes. The former Asian Tour winner has made just one bogey all week, which came on the par-four 17th during the opening round. While his ball-striking was not as sharp early in the round, Joshi found a way to keep moving forward before rediscovering his rhythm on the back nine. I didnt hit the ball as well on the front nine as I had over the first two days, but making two birdies after missing the fairways was important, said Joshi. I found some momentum on the back nine, hit a few good shots and converted some good putts. Overall, Im feeling confident and positive about my game. Joshi has now produced rounds of 63, 66 and 65, but he is not allowing his commanding position to change his approach heading into the final day. Hitting fairways is the key here because it creates plenty of birdie opportunities, he said. My goal tomorrow will be to find as many fairways as possible. If I can do that, I believe the score will follow. There is just one round left, so I need to stay in the present and continue doing what Ive done over the first three days. Joshi has also enjoyed the distinctive surroundings at Royal Springs. He recalled seeing a bear run across the third fairway from about 100 yards away during the Pro-Am and joked that he hoped it would prove to be his good-luck charm. The fruit trees around the course have added another local flavour to his week. Ive had mulberries and what I think were cherries or apricots near the third hole, as well as a few apples during the practice and opening rounds. Its another part of what makes this place so special, Joshi said. Chandigarhs Ajeetesh Sandhu (65-72-65), another former Asian Tour winner, climbed to third place at 11-under 202 following a third-round 65. Panipats 21-year-old Shubham Jaglan (70-68-66) and Chandigarhs Angad Cheema (68-68-68) shared fourth place at nine-under 204. DP World PGTI Ranking leader Saptak Talwar (69-71-65), who spent the summer competing on the HotelPlanner Tour, shared T-6th position with Kshitij Naveed Kaul (70-69-66) at eight-under 205. Brijesh Kumar (69-74-67) of Panchkula posted the first hole-in-one of the tournament on the par-3 11th on Thursday. Brijesh was placed tied 20th at three-under 210. The par-four 11th hole was shortened and played as a par-three due to waterlogging from heavy rain before the start of the tournament. The J&K Open 2026 is supported by Event Title Partner J&K Tourism and hosted at the Royal Springs Golf Course. The tournament is principally backed by global smart logistics provider DPAbout DP World Professional Golf Tour of India (DP World PGTI) The DP World Professional Golf Tour of India serves as the official governing and sanctioning body for mens professional golf in India and is a recognized member of the International Golf Federation and the International Federation of PGA Tours. DP World PGTI also enjoys a strategic alliance with the DP World Tour (European Tour). DP World PGTI events offer Official World Golf Ranking (OWGR) points. Global logistics leader DP World is the Title Partner and Official Umbrella Partner of the DP World PGTI. The DP World PGTI is led by its President, Padma Bhushan Shri. Kapil Dev, an iconic sporting legend who continues to inspire athletes and audiences nationwide.

Greater Kashmir 7 Aug 2026 6:30 am

Neeraj Chopra's Rs 30 crore Haryana bungalow has tractors parked alongside luxury cars; here's a look inside his three-storey home

Neeraj Chopra's Rs 30 crore bungalow in Haryana's Panipat district is a three-storey property with a lush garden, a trophy room, and a garage that holds everything from a customised Rs 3 crore Audi RS Q8 to tractors, reflecting the Olympic champion's roots as much as his success.

The Economic Times 31 Jul 2026 12:34 pm

RV Organica Launches 31 Premium Inspired Fragrances at a Flat Rs. 999 Factory-Direct, Designer-Inspired Fragrance Oils Now Within Reach for Every Indian

The Panipat-based fragrance manufacturer introduces a widely accessible inspired fragrance collection 31 long-lasting, skin-safe, alcohol-free perfume oils inspired by iconic global fragrances, each in a 100 ml bottle at a single price of Rs. 999, shipped directly from its own certified facility with no middlemen in between.

The Hindu Businessline 20 Jul 2026 8:17 pm

Centre puts Ram temple recce operative, Hafiz Saeed's son-in-law on terror list

According to the ministry, he carried out reconnaissance of the Ram Janmabhoomi complex in Ayodhya, the RSS headquarters in Nagpur and the Indian Oil refinery in Panipat. He is also accused of serving as the launching commander for the Lasiyakot sector and facilitating infiltration through tunnels while arranging drone deliveries of arms and ammunition into India.

The Times of India 4 Jul 2026 2:47 pm

A movement losing momentum and daughters as Haryanas sex ratio declines

Launched by PM Modi in Panipat in 2015, the Beti Bachao, Beti Padhao campaign initially delivered strong results. Haryanas Sex Ratio at Birth rose from 838 in 2010 to 923 by 2019, driven by strict raids on pre-natal testing centres, inter-State crackdowns, monthly video conference reviews, and fixed accountability. However, data for the first four months of 2026 show that the number of girl babies born has dipped below 900, sparking fears that the programme is losing focus and momentum, reportsAshok Kumar

The Hindu 7 Jun 2026 6:33 am

Man enters Haryana mosque raising Jai Shri Ram, apologises later

Haryana: A far-right-wing supporter entered a mosque, raising religious chants in Haryana with the intention of creating communal tensions. However, following a complaint from villagers, he was arrested and later apologised for his actions. The incident occurred in the Sanoli region of Panipat district. Deepak made the video in front of Jama Masjid, making hostile Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 4 Jun 2026 3:44 pm