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 …
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 …
Microbes that convert electricity into methane gas could become an important source of renewable energy, according to scientists from Stanford and Pennsylvania State universities. Researchers at both campuses are raising colonies of micro-organisms, called methanogens, which have the remarkable ability to turn electrical energy into pure methane – the key …
AHMEDABAD: In an order which would impact lakhs of people owning cars, the Gujarat high court on Wednesday directed the state government to pass necessary laws to make it compulsory for all four-wheelers registered in Gujarat to convert to natural gas within one year. Further, the court gave two months …
LUCKNOW: The price of petrol, diesel, cooking gas and kerosene went up marginally in the state following recalibration of 'state surcharge' by the oil companies. While the petrol got costlier by 70 paise, the per litre price of diesel went up by 64 paise. Similarly, the cost of cooking gas …
Mumbai: Mumbaikars will have to pay more on all petroleum products they use in their daily lives such as petrol, diesel, cooking gas and kerosene after the oil marketing firms recalibrated rates to reflect the changes in local levies on Wednesday. The new prices, effective Thursday, will result in petrol …
New Delhi: Petrol and diesel would become marginally cheaper in 11 states, while the price of cooking gas would come down in 12 states from Wednesday as state-run fuel retailers recalibrated surcharge calculations to align with changes made in local levies by state governments. But as a result of this …
New Delhi After three consecutive price cuts in petrol since the first week of June, oil marketing companies IOC, HPCL and BPCL on Monday raised the price by 70-89 paise a litre citing increase in global oil prices and movement in the rupee-dollar exchange rate. With this price revision, petrol …