Order of the High Court of Rajasthan in the matter of Deepak Acharya Vs Hindustan Petroleum Corporation Limited dated 05/03/2025. The Rajasthan High Court has admitted a petition challenging installation of a Hindustan Petroleum Corporation Limited (HPCL) petrol pump near a crematorium and high-tension line. The NOCs to establish the …
Drop In Crude Price, Rising Boost Margins. In Pakistan, oil companies slashed petrol prices by Rs 6 a litre effective Monday. Will their Indian counterparts follow suit? Consumers can only hope so, even though the fall in global crude prices and the rupee's rise against the dollar means that state-owned …
These Regulations shall be called the Nagaland Petroleum and Natural Gas Regulations, 2012. These shall extend to the whole of Nagaland. These shall come into force with immediate effect and shall be published in the Official Gazette of the State.
The finance ministry is considering whether it can lower the excise duty The government would take a hit of about Rs 6,000 crore this year if it rolls back the excise duty of Rs 1.5 per litre on diesel it levied last week. Under pressure from the Trinamool Congress, the …
IOC has been pleading with the government to move petrol back to a controlled regime After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening global price and an excise cut announced by the government last week. The OMCs …
The record hike in the prices of diesel has made the petrol models more cost effective for the consumers. Considering the fact that manufacturers charge a hefty premium for diesel models over the petrol ones, the latest hike has made the petrol variants more cost effective by a few thousand …
The Minister of Petroleum & Natural Gas, S. Jaipal Reddy, has ruled out an immediate hike in fuel prices now. An official statement issued here said that the Minister said this at the sidelines of a function. Thus, putting to rest speculations of a revision tonight. The Minister, however, added …
New Delhi Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources say the petroleum ministry has moved a Cabinet note proposing a hike of R5 per litre in …
Consumers may have to brace for steep hikes in the prices of petroleum products such as diesel, kerosene, cooking gas and petrol after Parliament’s monsoon session ends on September 7. Sources said that the petroleum ministry has moved a Cabinet note proposing a hike of Rs 5 per litre in …
New Delhi Rising global crude oil prices over the last four years have inflated India’s subsidy bill, but the burden on the exchequer could have been higher hadn't the fiscally-conscious government reduced its share of the onus, at the cost of upstream oil companies. According to official data, between 2008-09 …
Exactly two years later, Prime Minister Manmohan Singh has set up yet another Group of Ministers (GoM) after key ministries disagreed on the basic tenets of a 2007 Cabinet decision to blend ethanol extracted from sugarcane in petrol. Last Thursday, the Cabinet Committee on Economic Affairs agreed on creating a …
Mumbai: The stage is set for another round of petrol price hike with the Indian basket of crude oil increasing by over $10 to $113 per barrel since the prices were revised last on July 24. Given their mounting losses, oil marketing companies (OMCs) are putting pressure on the government …
Nearly five years after a Group of Ministers recommended a mandatory 10 per cent blending of ethanol in petrol as vehicle fuel, the implementation of the idea remains in the doldrums. Reason: none of the ministries consulted agrees with the Ministry of New and Renewable Energy’s proposal regarding ethanol-blended petrol …
The petroleum ministry and state oil firms plan to raise diesel and petrol prices next month as crude oil rose to a three-month high last week and diesel consumption has soared because of the weak monsoon and poor power supply, government and industry officials said. State oil firms are putting …
Forced to scale down petroleum retail operations, Reliance Industries Ltd and Essar have taken their predatory pricing complaint against government oil marketing companies (OMCs) to the Appellate Tribunal for Electricity. In July, the PNGRB (petroleum and natural gas regulatory board) had dismissed a plea of these private fuel retailers against …
NEW DELHI: The Congress-led UPA government responded aggressively to the three reports of the Comptroller and Auditor General of India (CAG), which accused it of pursuing policies that conferred benefits upon private companies while depriving the exchequer of revenue. The government fielded two ministers—minister of state V Narayanswami and minister …
Access to clean, affordable and reliable energy has been a cornerstone of the world’s increasing prosperity and economic growth since the beginning of the industrial revolution. Our use of energy in the twenty-first century must also be sustainable. Solar and water-based energy generation, and engineering of microbes to produce biofuels …
Petrol pricing may officially be out of the government’s control, but a veiled intervention by the government has resulted in Indian Oil Corp and other state-run oil marketing firms Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) differing on what is the best solution. BPCL and HPCL …
Petrol: Stung by the mass protest against the price hike of petrol last May, the UPA government has decided not to pass on the current under-recovery of Rs 3.56 on a litre of petrol to the people. At a meeting last Tuesday, the Prime Minister’s Office told the Petroleum Ministry …
Multi-pronged initiatives are envisaged for the India: Hydrocarbon Vision-2025 with principal objectives to: ensure oil security, improve customer service, develop a competitive industry, enhance quality of life, and assure energy security. This report is a modest attempt to track developments that affect the intent of tariff and pricing policy, especially …
This report makes a broad assessment of the engine technology changes and after-treatment systems being employed by Indian manufacturers of two and three-wheelers to meet the prevalent emission standards (Bharat Stage III) for a range of fuels such as petrol (all two-wheelers), diesel, CNG and LPG (three-wheelers), followed by an …
