Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Fuel Pricing
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Indian Petroleum & Natural Gas Statistics 2012-13
The Ministry of Petroleum & Natural Gas has been publishing its annual bulletin “Indian Petroleum & Natural Gas Statistics” since 1967 containing comprehensive information on the Oil & Gas Sector. The
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The economic cost of global fuel subsidies
By 2015, global oil consumption will reach 90 million barrels per day. In part, this high level of consumption reflects the fact that many countries provide subsidies for gasoline and diesel. This paper
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Proportion of diesel cars in sales mix may decline in two years: ICRA
The share is likely to drop to 30-35% from the current 55% The share of diesel passenger vehicles is likely to drop to 30-35% of annual passenger vehicle sales in the next two years from the current 55%, says a recent report by ICRA.
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Cabinet to take call on fixing cap for natural gas price hike
The Cabinet will soon decide on putting a cap or limit to which natural gas prices can be increased following a new pricing formula coming into effect from April 1 next year, oil secretary Vivek Rae said
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Give states half of gas produced there: Panel
Hyderabad : The Parliamentary Standing Committee on Petroleum and Natural Gas has said the states where gas production is taking place should be given at least 50% of the total quantity produced besides
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Fuel pricing: Parikh panel for costlier diesel
Suggests immediate raise by Rs 4 to 5 a litre for the fuel; report likely to be submitted on Wednesday Diesel prices should be immediately raised by Rs 4-5 a litre, the Kirit Parikh Committee has recommended, while favouring continuation of the existing pricing principles for controlled petroleum products.
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Centre planning policy to supply CNG under APM to Gujarat
Seeks 16 weeks time from Gujarat High Court to implement SC orders The Central government is planning to frame a policy to supply compressed natural gas (CNG) to Gujarat at the same rate as it is given to Delhi and Mumbai under the administered price mechanism (APM), in line with order of the Supreme Court passed last month.
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Veerappa Moily on 'save fuel mission', to travel by metro
Moily will take the metro from Race Course metro station residence and travel to the Central Secretariat station Union Petroleum and Natural Gas Minister Dr. M. Veerappa Moily will travel by metro today as part of a fuel conservation drive. "Saving petrol is saving India's money. This is a sense of patriotism. The country can be energy-independent by energy conservation. I appeal to the other ministers also to do this," he told media here today.
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SC upholds HC order on CNG to Gujarat under APM
A bench of Justice H L Dattu and Justice M I Iqbal on Monday upheld Gujarat high court's order passed last year The Supreme Court on Monday has directed the Union government to provide compressed natural gas (CNG) to Gujarat on the same rate as it is given to Delhi and Mumbai.
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Notice to Centre, RIL on plea to cancel KG-D6 contract
NGO Common Cause, others, allege mala fide conduct by RIL The Supreme Court on Monday issued notice to the Centre, Reliance Industries and others on a public interest litigation petition filed by NGO Common Cause and others seeking a direction to the Union of India to cancel the production sharing contract (PSC) between Reliance Industries Limited (RIL) and NIKO Resources for extracting gas in the KG-D6 block.