Union Minister for Road Transport and Highways Nitin Gadkari on Friday took a swipe at the "petroleum lobby" while addressing a green energy-related programme in Pune, asserting that no one can influence him and warning of strict action against those not working transparently.
"Reports on social media suggesting a shortage of petrol and diesel are baseless. India has sufficient fuel stocks, and supply and distribution networks are functioning normally," IndianOil said.
The ongoing conflict in West Asia is likely to disrupt logistics for India's fertiliser imports and could significantly impact the agrochemical sector due to its dependence on petroleum-based inputs, said Nand Kishore Aggarwal, Chairman of the Chemical and Plastic Committee at PHD Chamber of
According to the police, the victim, Beeram Krishna, who runs the Industrial Seal Center in Ranigunj, was heading to his shop on his two-wheeler when an unknown four-wheeler vehicle hit him from behind near Bharat Petrol Pump.
India is in a "very comfortable position" regarding crude oil, petroleum products and LPG supplies despite concerns over disruptions through the Strait of Hormuz, government sources said on Friday.
As per the sources, Gas Authority of India Limited (GAIL) will declare force majeure to ensure gas supply to priority sectors, as India navigates energy challenges stemming from the escalating West Asia conflict.
The sources further stated that India is in a comfortable position with respect to LPG and LNG supplies. The government, according to sources, is keeping a close watch on the global energy market to ensure uninterrupted supplies for the country.
Following the outbreak of hostilities in the Middle East and the evolving global energy situation, Hardeep Singh Puri, Minister of Petroleum & Natural Gas, informed that "the country is well stocked with crude oil and inventories of key petroleum products including petrol, diesel and ATF to
"We are continuously monitoring the evolving situation, and all necessary steps will be taken in order to ensure availability and affordability of major petroleum products in the country," the Ministry of Petroleum and Natural Gas said in a post on X.
A man has been taken into police custody after he allegedly attempted to flee without paying for petrol and injured a petrol pump salesman in the Thana Badalpur area of Noida, police said.