Central government sources assured on Saturday, March 7, that the petrol and diesel prices in the country will not increase since India’s energy stock position is improving. speaking to ANIthe government sources said New Delhi has ramped up 10% of its crude oil imports from sources other than the Strait of Hormuz. The development comes…
Petroleum Minister Hardeep Puri on Friday said there is no shortage of energy in India and there is no cause of worry for its energy consumers. The minister discussed various aspects of India’s uninterrupted energy imports despite geopolitical challenges with the media. “Our priority is to ensure availability of affordable and sustainable fuel for our…
A parliamentary committee has flagged India’s heavy dependence on crude oil imports and rising geopolitical risks as major challenges for the country, and urged the government to step up diversification of supply sources and strengthen risk management mechanisms. In its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly…
