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Tag "Petrol"

Govt slashes windfall tax on locally produced oil, diesel exports

Govt slashes windfall tax on locally produced oil, diesel exports

🕔14:29, 2.Dec 2022

New Delhi, Dec 2 (IANS) The Government on Thursday announced reduction in windfall tax on locally produced oil, which has been brought down to Rs 4,900 per tonne. In addition to this, it also cut export tax on diesel to Rs

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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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No fuel at Delhi petrol pumps without PUC certificate from Oct 25

No fuel at Delhi petrol pumps without PUC certificate from Oct 25

🕔17:20, 1.Oct 2022

New Delhi, Oct 1 (IANS) Refuelling at petrol pumps in the national capital will not be possible without Pollution Under Control (PUC) certificate from October 25, the AAP government said on Saturday. “In a bid to curb vehicular pollution, the government

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India announces launch of ‘Innovation Roadmap of the Mission Integrated Biorefineries’

India announces launch of ‘Innovation Roadmap of the Mission Integrated Biorefineries’

🕔10:41, 24.Sep 2022

New Delhi, Sep 24 (IANS) Aiming at greater international collaboration and the need for increased financing for Energy Research, Development, and Demonstration (RD&D), the Centre on Friday announced the launch of the “Innovation Roadmap of the Mission Integrated Biorefineries” developed by

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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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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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Government expands the horizon of Universal Service Obligation by including all Retail Outlets including Remote Area Ros

Government expands the horizon of Universal Service Obligation by including all Retail Outlets including Remote Area Ros

🕔14:32, 17.Jun 2022

New Delhi, June 17: The Government of India had relaxed the criteria for grant of authorization for marketing of transportation fuel by issuing Resolution dated 8.11.2019, with an objective to ensure greater participation of private sector in the fuel retail

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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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Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday

Petrol pump dealers across 24 states to go for ‘No Purchase’ on Tuesday

🕔06:55, 31.May 2022

Petrol pump dealers across 24 states have decided not to purchase diesel and petrol from oil companies on Tuesday to mark their protest against dealers’ commission which has not been revised since long, it was announced on Monday. New Delhi,

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Indian consignment of 40,000 MT of petrol reaches Sri Lanka

Indian consignment of 40,000 MT of petrol reaches Sri Lanka

🕔06:48, 24.May 2022

A consignment of around 40,000 metric tonnes of petrol from India reached Sri Lanka, which is reeling under its worst-ever economic crisis, on Monday, the Indian mission in the island nation announced. Colombo, May 24 (IANS) A consignment of around 40,000

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Petrol prices up again; rise by Rs 7.2 per litre in 12 days

Petrol prices up again; rise by Rs 7.2 per litre in 12 days

🕔17:00, 2.Apr 2022

State-run oil marketing companies on Saturday raised key transport fuel prices for the tenth time in the last 12 days. New Delhi, April 2 (IANS) State-run oil marketing companies on Saturday raised key transport fuel prices for the tenth time in

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Petrol prices up again; rise by Rs 4.80 per litre in 8 days

Petrol prices up again; rise by Rs 4.80 per litre in 8 days

🕔07:19, 30.Mar 2022

New Delhi, March 30 (IANS) The domestic retail selling prices of petrol and diesel were increased for the seventh time in eight days on Tuesday. Consequently, in the past eight days, petrol and diesel prices have increased by Rs 4.80 per

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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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Will ensure no fuel shortage in country: Hardeep Singh Puri

Will ensure no fuel shortage in country: Hardeep Singh Puri

🕔18:25, 8.Mar 2022

Amid speculation that petrol prices will increase after the Assembly elections in five states, Union Petroleum & Natural Gas Minister Hardeep Singh Puri on Tuesday said that it will be ensured that the country does not face a fuel shortage.

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Cost of War: Brent Crude breaches $111 mark; highest in 8 yrs

Cost of War: Brent Crude breaches $111 mark; highest in 8 yrs

🕔16:15, 2.Mar 2022

New Delhi, March 2 (IANS) Lower supplies as well as hostilities between Russia and Ukraine pushed Brent crude oil price to nearly an 8-year high on Wednesday. Besides, robust global demand is expected to keep the Brent-index crude oil price high.

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Brent crude breaches $100 per barrel mark again

Brent crude breaches $100 per barrel mark again

🕔19:32, 1.Mar 2022

New Delhi, March 1 (IANS) Concerns over lower supply amid escalating Russia-Ukraine conflict pushed up global crude oil prices to $102 per barrel on Tuesday. The rise in crude oil prices comes after negotiations failed to resolve the Russian-Ukrainian conflict. The

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India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

India open to support initiatives for releases from ‘Strategic Petroleum Reserves’

🕔17:11, 26.Feb 2022

New Delhi, Feb 26 (IANS) The Centre on Saturday said it is open to support initiatives for releases from ‘Strategic Petroleum Reserves’ to mitigate market volatility and calming the rise in crude oil prices. As per Ministry of Petroleum & Natural

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Excise duty cut on petrol, diesel provided relief to consumers: EcoSurvey

Excise duty cut on petrol, diesel provided relief to consumers: EcoSurvey

🕔17:25, 31.Jan 2022

New Delhi, Jan 31 (IANS) The reduction in excise duty on petrol and diesel provided relief to the consumers, the Economic Survey 2021-22 said. The Centre in early November slashed excise duties on petrol and diesel by Rs 5 and Rs

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Diesel, petrol prices steady on Sunday

Diesel, petrol prices steady on Sunday

🕔12:29, 12.Dec 2021

New Delhi, Dec 12 (IANS) Oil marketing companies have kept prices of diesel and petrol unchanged across major Indian cities on Sunday. Accordingly, diesel and petrol prices in Delhi stood at Rs 86.67 per litre and Rs 95.41 per litre, respectively.

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