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Discussions on India’s G20 priorities conclude on Day 3 of 1st Sherpa Meeting

Discussions on India’s G20 priorities conclude on Day 3 of 1st Sherpa Meeting

🕔10:21, 7.Dec 2022

New Delhi, Dec 7 (IANS) Substantive conversations on key global issues of inclusive growth, multilateralism, and women-led development, as well as 3Fs (Food, Fuel, and Fertiliser), tourism, and culture, were the highlights of the third day of the first Sherpa Meeting

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Higher energy prices hastened India’s transition to biofuels, says Hardeep Puri

Higher energy prices hastened India’s transition to biofuels, says Hardeep Puri

🕔08:18, 1.Nov 2022

New Delhi, Nov 01 (IANS) India’s Petroleum Minister Hardeep Puri on Monday said that higher energy prices are leading to intended and unintended consequences. “While at one end it is leading to a global recession, at the same time it is

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Rupee trade paves the way to Russia

Rupee trade paves the way to Russia

🕔18:51, 4.Oct 2022

New Delhi, Oct 4 (IANS) The efforts of the Indian central bank to promote trade in rupees are bringing results, with state-run UCO Bank receiving necessary RBI approvals to open a special rupee vostro account in Russia’s Gazprombank. This will help

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Excise duties on petrol, diesel zoomed up despite crude staying below $80

Excise duties on petrol, diesel zoomed up despite crude staying below $80

🕔11:00, 11.Sep 2022

New Delhi, Sep 11 (IANS) Excise duty on petrol went up by a huge 194 per cent while on diesel it rose by a stupendous 512 per cent between 2014-15 and 2021-22 even as crude oil prices remained below $80 per

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सूक्ष्म शैवाल  से बायोडीजल- एक आशाजनक वैकल्पिक ईंधन

सूक्ष्म शैवाल से बायोडीजल- एक आशाजनक वैकल्पिक ईंधन

🕔16:39, 12.Aug 2022

इस वर्ष विश्व जैव ईंधन दिवस – 2022 को “कार्बन तटस्थ विश्व की ओर जैव ईंधन” की थीम के साथ मनाया जा रहा है। यह विषय जलवायु परिवर्तन से निपटने हेतु पाँच अमृत तत्व पंचामृत के प्रति भारत की प्रतिबद्धता

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SL President asks Putin to help buy fuel

SL President asks Putin to help buy fuel

🕔13:20, 7.Jul 2022

Colombo, July 7 (IANS) Sri Lankan President Gotabaya Rajapaksa has asked his Russian counterpart Vladimir Putin to help the cash-strapped island nation buy fuel as the country is undergoing its worst-ever economic crisis since gaining independence in 1948. Taking to Twitter

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Production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge

Production of Petrol and Diesel in the country is more than sufficient to take care of any demand surge

🕔18:09, 15.Jun 2022

New Delhi; 15.6.22: In the past few days, some areas have reported a big increase in instances of  rush at the PSU Retail Outlets, leading to delays and increased waiting time for customers. This has, in turn, led to speculation of

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India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

India’s fuel demand up 22% YoY in May: S&P Global Commodity Insights

🕔17:54, 14.Jun 2022

India’s oil product demand in May was up 860,000 barrels per day or 22 per cent year-on-year from a low base in 2021, S&P Global Commodity Insights said in a note. New Delhi, June 14 (IANS) India’s oil product demand in

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India’s April fuel intake dips on rising crude prices, to reverse in May

India’s April fuel intake dips on rising crude prices, to reverse in May

🕔15:26, 18.May 2022

India’s sustained uptrend in oil consumption came to a halt and slipped into the red in April from March levels as rising domestic retail fuel prices on the back of surging crude took a toll on gasoline, diesel and LPG

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Trade pacts with UAE, Australia will fuel economic growth: FM

Trade pacts with UAE, Australia will fuel economic growth: FM

🕔05:50, 11.May 2022

Finance Minister Nirmala Sitharaman said on Tuesday the country’s trade pacts with the UAE and Australia will chart the way for economic growth. Chennai, May 11 (IANS) Finance Minister Nirmala Sitharaman said on Tuesday the country’s trade pacts with the UAE

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Iraq exports 101 mn barrels of crude oil in April

Iraq exports 101 mn barrels of crude oil in April

🕔11:59, 2.May 2022

Baghdad, May 2 (IANS) Iraq exported about 101 million barrels of crude oil in April, bringing in revenues of $10.55 billion, the Oil Ministry said. The average selling price for crude oil in April was $104.09 per barrel, according to a

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Oil prices will remain above $100/barrel as long as Ukraine war rages on

Oil prices will remain above $100/barrel as long as Ukraine war rages on

🕔13:07, 25.Apr 2022

The most serious effect of the Russia-Ukraine war for the world economy will be higher commodity prices. Oil prices will remain above $100/barrel for as long as the conflict rages on, EIU said in its global outlook report. New Delhi,

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Microsoft to fuel BPCL’s cloud transformation

Microsoft to fuel BPCL’s cloud transformation

🕔17:00, 12.Apr 2022

Bharat Petroleum Corporation Ltd (BPCL) and Microsoft on Tuesday announced a strategic, seven-year cloud partnership that will help the oil and gas company accelerate the modernisation of its tech architecture to enhance customer experience. New Delhi, April 12 (IANS) Bharat Petroleum

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Jet fuel prices hiked, air fares to rise

Jet fuel prices hiked, air fares to rise

🕔13:22, 1.Apr 2022

New Delhi, April 1 (IANS) High crude oil prices led India’s OMCs to hike aviation turbine fuel (ATF) price on Friday. Accordingly, in the national capital, the price of jet fuel was raised to Rs 1,12,924.83 per kilolitre (kl) from Rs

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India to import 100 tonne of uranium to power nuclear power plants in FY23

India to import 100 tonne of uranium to power nuclear power plants in FY23

🕔12:35, 31.Mar 2022

Chennai, March 31 (IANS) India will be importing 100 tonne of natural uranium and 133 units of fuel assemblies next fiscal, the government said. Replying to a question in the Lok Sabha on Wednesday, Jitendra Singh, Minister of State for Personnel,

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Govt looking for alternative market for fuel purchase: Puri

Govt looking for alternative market for fuel purchase: Puri

🕔18:22, 14.Mar 2022

Union Minister for Petroleum Hardeep Singh Puri on Monday informed the Rajya Sabha that the government is looking for an alternate market for fuel purchase amid the ongoing Russia-Ukraine conflict. New Delhi, March 14 (IANS) Union Minister for Petroleum Hardeep Singh

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Delhi govt prepares draft policy for making PUC certificate mandatory at fuel pumps

Delhi govt prepares draft policy for making PUC certificate mandatory at fuel pumps

🕔17:15, 6.Mar 2022

The Delhi government has prepared the draft policy for making Pollution Under Control Certificates (PUCC) mandatory to refuel at fuel pump stations in the city to tackle the rising air pollution levels. New Delhi, March 6 (IANS) The Delhi government has

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Russia-Ukraine tensions keep crude elevated; negative for net importers

Russia-Ukraine tensions keep crude elevated; negative for net importers

🕔16:03, 23.Feb 2022

New Delhi, Feb 23 (IANS) Tensions between Russia and Ukraine continued to keep crude oil prices on the boil. On Wednesday, brent-indexed crude oil prices traded at $94-$95 per barrel, which is at its multi-year high. Russia is one of the

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Indian refineries’ profitability dependent on cost recovery

Indian refineries’ profitability dependent on cost recovery

🕔17:10, 19.Feb 2022

New Delhi, Feb 19 (IANS) Indian refineries’ profitability is dependent on cost recovery via an increase in the retail prices, said India Ratings and Research (Ind-Ra). Notably, oil marketing companies have not increased retail prices of petrol and diesel since November

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Delhi govt to soon make PUC certificate mandatory for filling fuel

Delhi govt to soon make PUC certificate mandatory for filling fuel

🕔07:29, 29.Jan 2022

New Delhi, Jan 29 (IANS) To ensure that polluting vehicles do not ply in the national capital, Delhi government will soon make Pollution Under Control (PUC) certificate mandatory for filling fuel at pumps. Environment Minister Gopal Rai said: “This is a

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