diesel
Diesel price hiked consecutively for second day
Oil & Gas
September 27, 2021
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
September 18, 2021
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
September 18, 2021
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
September 16, 2021
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
September 10, 2021
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
September 6, 2021
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
September 3, 2021
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
September 3, 2021
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
September 2, 2021
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
September 1, 2021
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
September 1, 2021
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
August 31, 2021
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
August 27, 2021
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
August 25, 2021
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
August 24, 2021
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
August 15, 2021
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
August 8, 2021
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
August 8, 2021
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
August 4, 2021
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
August 3, 2021
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
July 28, 2021
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
July 26, 2021
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
July 26, 2021
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
July 26, 2021
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
July 19, 2021
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…