Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60
Fp Staff • 6 years agoPetrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.
India's petro consumption to grow 6% next fiscal, says Moody's
• 8 years agoThe US Energy Information Administration (EIA) projects total liquid fuels consumption in the Asia Pacific to rise by 0.9 million barrels per day (bpd) in 2017 to 33.3 million bpd
Euro VI compliant fuels to be implemented 4 years prior in 2020, says Nitin Gadkari
Fp Archives • 9 years agoIndian refiners need to invest Rs 30,000 crore to produce Euro VI compliant fuel
Indian refiners to start cash transfer for Iran oil after nuclear deal
Fp Archives • 11 years agoIndian refiners are ready to start transferring cash owed for Iranian oil as early as next week following a landmark deal to curb Tehran's nuclear programme that allows importers to shift billions of dollars back to Iran.<br /><br />
Rupee slips to 3-week low on oil buys
Fp Archives • 13 years agoThe government failed to sell all of the shares in its $2.5 billion auction of a 5 percent stake in Oil and Natural Gas Corp on Thursday, indicating a faltering start to revive asset sales.
India plans reinsurance fund to cover refiners using Iranian oil
Fp Archives • 12 years agoIndia's finance ministry is yet to take a final decision on setting up the reinsurance fund.