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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Greens see red as petrol price hike fuels diesel car sales
New Delhi: Even as chief minister Sheila Dikshit hinted at marginal relief for Delhiites from the petrol price hike, environmentalists are not amused. They continue to be a worried bunch and their fears
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Carmakers Fuel up on Diesel After Petrol Hike
Companies expedite plans to roll out more models to meet demand Carmakers are fast-tracking their diesel vehicle plans and planning offers to push petrol cars as the latest petrol price increase is set
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Oil cos rule out immediate rollback
New Delhi State-owned fuel marketers IOC, HPCL and BPCL on Thursday ruled out an immediate rollback of the steepest petrol price increase of R7.5-R8 a litre from Thursday night but conceded that if the government instructs them to cut prices, they have no other go but to follow their majority shareholder. They also indicated that if petrol price falls in world markets or rupee strengthens against the dollar this fortnight, the resultant gain shall be passed on to the consumer by way of a price cut.
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Fuel hike may make petrol cars cheaper: Demand For Diesel Vehicles To Shoot Up
New Delhi: Expect the discounts on petrol cars to get sweeter, and the waiting list on diesel cars to be longer. The steep Rs 7.50-hike in petrol price is set to further fuel the demand for diesel models
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No rollback in petrol price hike for now: Oil companies
But indicate prices may come down next month. While maintaining that there will be no immediate rollback of the hike in petrol prices, oil companies have indicated that prices may come down next month
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State asks Centre to lift all taxes on petrol
Bhubaneswar: Finance minister Prafulla Chandra Ghadai on Thursday urged the Centre to waive all taxes levied on petrol and roll back the hike to avoid a major economic disaster. Reacting to the Rs 7.50-paise
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Auto demand to be further skewed towards diesel
With petrol prices hiked again today and fears remaining about price volatility of the deregulated fuel, auto manufacturers in the country are expecting a jump in demand for diesel-driven passenger vehicles. Oil marketing companies, reeling under huge losses due to high crude price in the international market and the rupee depreciation, raised petrol prices today by Rs 7.50. But diesel prices, which are still regulated, were left untouched.
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Tapi agreement set to expand India's gas basket
India on Wednesday signed the gas sale purchase agreement (GSPA) for the Turkmenistan-Afghanistan-Pakistan-India (Tapi) gas pipeline, which upon completion would diversify its gas basket. With domestic gas output stagnating, the $7.6-billion Tapi gas project provides a ray of hope. In five years, the country would have access to imported natural gas, in addition to imported liquefied natural gas and domestic sources, including coal bed methane gas.
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Petrol price raised by Rs. 7.54 a litre in steepest-ever hike
Rates of diesel, LPG and kerosene left untouched The UPA-II, celebrating three years in office, gave the “common man” a gift on Wednesday: the steepest- ever increase of Rs. 7.54 in petrol prices. The increase is the first in the past six months. Petrol price in Delhi was increased by Rs. 7.54 a litre to Rs. 73.18 with effect from midnight Wednesday, the state-owned oil marketing companies said in separate, but identical, statements.
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Petrol price hike shocking
Calling the Rs.7.50 increase per litre in petrol price shocking, Delhiites on Wednesday expressed their outrage at the Central Government's “inconsiderate” move. “The Government has clearly not taken into consideration the already sky-rocketing cost of living. Rising fuel costs and the lack of adequate, safe public transport system adds to the problems of the common man. The worst hit are two-wheeler users,” said Jatin Gandhi from Janakpuri who uses his bike to come to Connaught Place and works as a marketing executive.