Positioned as a game-changing project under the ‘Gati Shakti’ initiative, the upcoming terminal is expected to transform the region’s fuel supply chain, ease road congestion, cut carbon emissions, and emerge as a long-term logistical backbone for strategic and economic growth.
Oil companies reassure consumers that supply chains are intact and fuel availability is steady nationwide, asking people to avoid panic buying despite rising global energy concerns.
A high-level meeting was held today under the chairmanship of the Minister of Food Supplies and Consumer Welfare, Krushna Chandra Patra.
The brokerage warned that the recent rally in crude oil prices and refining margins is creating conditions reminiscent of the disruptions witnessed during the 2022 oil market shock.
According to an order released by the Ministry of Petroleum and Natural Gas (MoPNG), oil refiners in the country will be asked to ensure that critical gases such as propane and butane are prioritised for LPG production for households.
The doorstep diesel delivery in jerrycans, titled 'Safar20', is expected to benefit small housing societies, malls, hospitals, banks,
Sources said that open offer exemption has been discussed by BPCL management in their meeting with disinvestment department Dipam.
Driven by analytics based on AI and machine learning technologies, the IRIS platform will subsequently trigger automated alerts and actions, including rapid response to equipment failures or hazardous situations.
NRL has been carved out from the BPCL and is not part of the assets which are being sold as part of its privatisation plan.
A consortium of Oil India Ltd, Engineers India Ltd, and the government of Assam expressed interest in buying the stake and the BPCL board on Monday approved the sale.
