State-run fuel retailers assure ample supply amid rising tensions with Pakistan

New Delhi: India’s state-run oil retailers have assured the public of ample fuel availability nationwide amid escalating tensions with Pakistan that have triggered panic buying, particularly in border states. Indian Oil Corp. Ltd (IOCL) and Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) have urged calm, emphasizing that supplies of petrol, diesel,…

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House panel stresses construction of underground LPG caverns

New Delhi: The standing committee on petroleum and natural gas has recommended that the Union government set up underground rock caverns for storing liquified petroleum gas (LPG) amid growing demand for LPG. Currently, oil marketing companies (OMCs) use a 60,000-tonne capacity LPG cavern in Visakhapatnam for storing propane and butane. State-run Hindustan Petroleum Corp. Ltd…

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