Fuel

Showing of 1 - 20 from 136 results
Fuel - Total results - 136
Chandrayaan 2 orbiter completes one year around the moon, has enough fuel for seven years: ISRO
India

Chandrayaan 2 orbiter completes one year around the moon, has enough fuel for seven years: ISRO

ISRO said that the Chandrayaan 2 orbiter has completed 17 orbit maintenance manoeuvres since achieving 100 km lunar orbit on 24th September 2019.

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp
Business

IOC nears first deal to export fuel in second half of this year to Bangladesh Petroleum Corp

India Oil Corp, the country’s top refiner, is close to winning its first contract to supply diesel, jet fuel and gasoline in the second half of this year to state-run Bangladesh Petroleum Corp, two sources with knowledge of the matter said

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
Business

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month

India's fuel consumption slumped by close to 70 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%
Business

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%

Reliance Industries Ltd has cut crude oil processing at its exports-only refinery at Jamnagar in Gujarat in March by close to one-fourth as it joins public sector oil firms in cutting run-rate to align production with a coronavirus-induced slump in fuel consumption

Meghalaya govt increases taxes on auto fuel; petrol to cost Rs 74.90 per litre, diesel at Rs 67.50
Business

Meghalaya govt increases taxes on auto fuel; petrol to cost Rs 74.90 per litre, diesel at Rs 67.50

The Meghalaya government has increased taxes on petrol and diesel from Wednesday amid the nationwide lockdown and plunging crude oil prices, officials said on Wednesday

ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost
Business

ONGC asks govt to waive cess, royalty as plummeting oil prices not enough to cover operating cost

State-owned ONGC has asked the government to waive payment of oil cess and royalty as plummeting international oil prices have meant that the rate it now gets does not even cover the operating cost, sources said

Oil price collapse in US not to lead to any big drop in petrol, diesel prices in India, say experts
Business

Oil price collapse in US not to lead to any big drop in petrol, diesel prices in India, say experts

The historic rout in oil markets that sent US crude prices plummeting to as much as minus $40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on the different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet

Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%
Business

Coronavirus Outbreak: Fuel sales slump 50% in first half of April; petrol down 64%, diesel 61%, ATF 94%

India's fuel consumption slumped by a record 50 percent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

Retail inflation eases to 5.91% in March from 6.58% in February on falling food, fuel prices
Business

Retail inflation eases to 5.91% in March from 6.58% in February on falling food, fuel prices

The retail inflation based on Consumer Price Index (CPI) was 6.58 percent in February 2020 and 2.86 per cent in March 2019.

Coronavirus Outbreak: Petrol pump operators seek financial support as losses mount on falling fuel sales
Business

Coronavirus Outbreak: Petrol pump operators seek financial support as losses mount on falling fuel sales

With coronavirus eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost

Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown
Business

Coronavirus Outbreak: Petrol, diesel demand slumps 66% in April; ATF down 90% due to nation-wide lockdown

India’s fuel consumption slumped by over 66 percent in April as a nationwide lockdown halted economic activity and travel, which eviscerated demand

Retail inflation likely fell to a four-month low of 5.93% in March on softer food, fuel prices, reveals poll
Business

Retail inflation likely fell to a four-month low of 5.93% in March on softer food, fuel prices, reveals poll

India’s retail inflation is expected to have dropped to a four-month low in March on softer food and fuel prices and as already slowing demand likely plummeted due to a nationwide lockdown towards the end of the month, a Reuters poll found

Oil companies say no LPG shortage at all, delivering at least 40% more fuel now
Business

Oil companies say no LPG shortage at all, delivering at least 40% more fuel now

National oil marketing companies have come out on Sunday allaying the fears of consumers about product shortages, saying there is absolutely no shortage of any fuel, especially cooking gas, which is being supplied to customers at their doorsteps

Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8 per litre in future
Business

Govt amends law to get powers to raise excise duty on petrol, diesel by Rs 8 per litre in future

The government on Monday amended the law to get enabling powers to raise excise duty on petrol and diesel by Rs 8 per litre each in future

Indian Oil Corp becomes first company to begin BS-VI fuel supply across India two weeks before 1 April deadline
Business

Indian Oil Corp becomes first company to begin BS-VI fuel supply across India two weeks before 1 April deadline

Indian Oil Corp (IOC), the nation's biggest oil firm, has begun the supply of the world's cleanest petrol and diesel across the country with all its 28,000 petrol pumps dispensing ultra-low sulphur fuel two weeks before the 1 April deadline

India's fuel demand tumbles 11% in March as coronavirus outbreak hits aviation, transport sectors
Business

India's fuel demand tumbles 11% in March as coronavirus outbreak hits aviation, transport sectors

India's fuel demand has dropped by a steep 10-11 percent in the first two weeks of March as the outbreak of coronavirus (Covid-19) led to the cancellation of flights and a reduction in industrial activity

Govt approves tax reimbursement scheme for exporters; says measures compliant with WTO norms
Business

Govt approves tax reimbursement scheme for exporters; says measures compliant with WTO norms

These taxes include value added tax (VAT), electricity duties and fuel used for transportation, which are not exempt or refunded under any other existing mechanism.

Petrol price falls below Rs 71, first time in eight months; India to gain from Saudi Arabia, Russia oil price war
Business

Petrol price falls below Rs 71, first time in eight months; India to gain from Saudi Arabia, Russia oil price war

Petrol prices slipped below Rs 71-mark for the first time in eight months on Monday as India looks set to reap windfall from a price war among oil producers leading to international crude prices crashing by their biggest margin since the 1991 Gulf war

Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food products
Business

Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food products

Wholesale inflation has spiked to 3.1 percent in January from 2.59 percent in the previous month on higher fuel cost and price rise in manufactured products, as per government data released on Friday

Oil Ministry pitches for inclusion of natural gas in GST to promote use of environment-friendly fuel
Business

Oil Ministry pitches for inclusion of natural gas in GST to promote use of environment-friendly fuel

Ahead of the Union Budget, the Oil Ministry has made a renewed pitch for inclusion of natural gas in the ambit of GST to promote the use of the environment-friendly fuel by reducing multiplicity of taxes and improving business climate