diesel

Diesel price hiked consecutively for second day
Oil & Gas

Diesel price hiked consecutively for second day

Diesel price was hiked by 25 paise per litre, the third time rates have increased since last week, negating more…
Petrol, diesel prices set to rise as international oil rates surge
Oil & Gas

Petrol, diesel prices set to rise as international oil rates surge

A surge in international oil prices may translate into an increase in the retail selling price of petrol and diesel…
Petroleum products not to be included under GST: FM
Oil & Gas

Petroleum products not to be included under GST: FM

Petroleum products will not be included under the Goods and Services Tax (GST), said Union Finance Minister Nirmala Sitharaman.
Biofuel manufacturing, sand mining policy to boost WB
Oil & Gas

Biofuel manufacturing, sand mining policy to boost WB

West Bengal government made a slew of announcements aimed at giving a fillip to industry, including proposals for manufacturing biofuel,…
Fuel demand jumps 11% in August to 16 MT
Oil & Gas

Fuel demand jumps 11% in August to 16 MT

India's fuel demand soared almost 11% in August when compared with the same month last year but lower than the…
Government’s excise collection jumps 48% in Apr-July
Oil & Gas

Government’s excise collection jumps 48% in Apr-July

The government's collections from levy of excise duty on petroleum products have jumped 48% in the first four months of…
Reliance aims at 100 GW renewable energy by 2030
Renewable Energy

Reliance aims at 100 GW renewable energy by 2030

Reliance Industries will by 2030 create or enable capacity to generate at least 100 GWs of electricity from renewable sources,…
Over ₹1.5 lakh cr UPA-era oil bonds need to be repaid: Puri
Oil & Gas

Over ₹1.5 lakh cr UPA-era oil bonds need to be repaid: Puri

Petroleum Minister Hardeep Singh Puri said over ₹1.5 lakh crore of oil bonds issued by the previous UPA government remains…
Petrol demand continues to rise in August
Oil & Gas

Petrol demand continues to rise in August

India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data…
Fuel prices cut by 15 paise/litre after a week’s break
Oil & Gas

Fuel prices cut by 15 paise/litre after a week’s break

Fuel consumers have finally been given some relief from high prices of petroleum products with oil marketing companies reducing the…
In 6 months offering biofuel vehicles must for auto makers
Sustainability

In 6 months offering biofuel vehicles must for auto makers

Union Minister Nitin Gadkari said India will make it mandatory for auto manufacturers to offer vehicles running 100% on bio-fuels…
Crude oil futures dip on weak demand
Oil & Gas

Crude oil futures dip on weak demand

Crude oil prices on Tuesday fell by Rs 61 to Rs 5,010 per barrel after participants cut their positions. On…
RK Singh urges union ministers, CMs to switch to EVs
Sustainability

RK Singh urges union ministers, CMs to switch to EVs

Power Minister RK Singh has urged all union ministers and chief ministers to switch over to electric vehicles for all…
Govt sensitive to fuel price rise, relief in coming month: Puri
Oil & Gas

Govt sensitive to fuel price rise, relief in coming month: Puri

Union Petroleum Minister Hardeep Singh Puri said that the Central government is sensitive to fuel price rise while also hinting…
Petrol, diesel prices cut as global oil rates soften
Oil & Gas

Petrol, diesel prices cut as global oil rates soften

the pump price of petrol and diesel was cut 15 paise per litre to Rs 101.49 a litre and Rs…
PM sets 2047 target for India to become energy independent
Oil & Gas

PM sets 2047 target for India to become energy independent

Prime Minister Narendra Modi on Sunday set a target of becoming 'energy independent' by 2047 through a mix of electric…
Mizoram stares at fuel shortage amid border row
Oil & Gas

Mizoram stares at fuel shortage amid border row

The Mizoram government ordered rationing the purchase of diesel and petrol as the movement of vehicles, including the tankers carrying…
Indian Railways looks to run trains on hydrogen fuel cell
Renewable Energy

Indian Railways looks to run trains on hydrogen fuel cell

Under the flagship programs of the Government, 'Advanced Chemistry Cell (ACC) Batteries' and 'National Hydrogen Mission', to cut down on…
MSRTC issues tenders for LNG and wet lease buses
Oil & Gas

MSRTC issues tenders for LNG and wet lease buses

The Maharashtra State Road Transport Corporation invited bids for hiring 500 ordinary buses as well as conversion of diesel buses…
Blending of biodiesel in diesel in India is less than 0.1%
Oil & Gas

Blending of biodiesel in diesel in India is less than 0.1%

The present percentage of blending of biodiesel in diesel is less than 0.1 per cent, the government informed the Lok…
India seeks reasonable price from oil producers
Oil & Gas

India seeks reasonable price from oil producers

India has asked crude oil producers, including OPEC, to price oil at reasonable rates and to provide better commercial terms…
Government starts justifying high central tax on petrol, diesel
Oil & Gas

Government starts justifying high central tax on petrol, diesel

The government has justified high level of taxation on auto fuels suggesting that revenue from petroleum sector is important for…
6.5 MMT storage to be added under phase-2 of SPR
Oil & Gas

6.5 MMT storage to be added under phase-2 of SPR

Under Phase II of the petroleum reserve programme, Government has given approval in July 2021 for establishing two additional commercial-cum-strategic…
Kerala vet gets patent for biodiesel from chicken waste
Oil & Gas

Kerala vet gets patent for biodiesel from chicken waste

After waiting for more than seven years, John Abraham, a veterinary-doctor-turned-inventor, has finally received the patents for inventing biodiesel from…
Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr
Oil & Gas

Govt collections on petrol, diesel jumps to Rs 3.35 lakh cr

The union government's tax collections on petrol and diesel jumped by 88% to Rs 3.35 lakh crore in the year…
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