1774423476 representative image.jpg

‘No shortage of petrol, diesel, or LPG’: BPCL, HPCL, IOCL soothe fuel concerns in India

Amid rising concerns about fuel supply in the country, several oil giants have issued clarifications stating there is no shortage, calling such rumours “completely false” and assuring that supply remains normal and sufficient. The statements come at a time when global oil supplies are disrupted due to Iran’s chokehold of the Strait of Hormuz amid…

Read More
1768970505 ai generated image.jpg

‘Our refineries are robust!’: India can process Venezuelean crude oil when available; here’s what IOCL chairman said

Indian Oil Corporation Ltd (IOCL) said that the country’s refineries are capable of processing Venezuelan crude if supplies resume. “If at all things start settling down, if at all a lot of crude starts coming out of Venezuela, then can’t we import oil from Venezuela?” he said.The executive further added that the company, used to…

Read More