Latest fuel security News & Updates

New Delhi, June 18 (IANS) Despite the West Asia crisis disrupting oil and gas flows, India is maintaining its energy security through diversified supply chains, strong domestic coal resources, and expanding digital infrastructure, according to S&P Global Energy’s latest report.S&P notes that Indian refiners are strategically mitigating shipping risks around the Strait of Hormuz.However, the report advises that India must shift from a standard procurement-based approach to a more aggressi…

Canberra, March 19 (IANS) Australian Prime Minister Anthony Albanese on Thursday announced that the federal government has established a fuel security task force amid the ongoing conflict in the Middle East.Speaking after meeting with state and territory leaders on Thursday morning, Albanese told reporters that the government is doing “all that it can” to secure Australia’s fuel supply.”I want to assure Australians at this time that Australia is well prepared. Our fuel supply is currently secure…