Rituparna Ghosh
- Indexed articles, last 90 days
- 1
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- Jul 10, 2026
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India’s ONGC to expand crude strategic storage | Latest Market News (opens the original)
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India's state-owned Oil and Natural Gas (ONGC) is set to add 1.75mn t (12.83mn bl) of strategic petroleum reserve capacity to the country's existing reserves in Mangalore, strengthening overall oil storage to cushion against supply shocks in future. The addition will be above Mangalore's existing 1.5mn t underground cavern managed by Indian state-run Strategic Petroleum Reserves (ISPRL), the firm said in an exchange filing on 9 July, and this will take the total capacity in the region to 3.25mn
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For Argusmedia, the outlet · Measured Aug 1, 2026
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