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 …
Sujay Mehdudia Ministry cites losses on account of under-recoveries NEW DELHI: Indicating a "crunch' in supply of petrol and diesel, the Petroleum and Natural Gas Ministry has asked the oil marketing companies (OMCs) to put on hold their plans to open new retail outlets. Citing losses on account of under-recoveries …
Pakistan could have avoided the adverse effects of the high cost of petroleum products including petrol, diesel and furnace oil, if it had avoided over reliance on petroleum based products for generating thermal power and had instead given encouragement to use indigenously produced coal in power generation, reports UPP correspondent. …
Pune, July 10 Petrol supplies already down 25%, diesel 50% as oil firms have cut purchases in response to rising global crude prices Rationing of petrol and diesel, already a de facto reality in many of the city's petrol pumps, may well become a way of life if the authorities …
New Delhi July 7: The government has asked PSU Oil Marketing Companies (OMCs) not to force consumers to buy branded fuels. There were reports that the PSU OMCs have imposed quotas on their petrol pumps, according to which the petrol pumps would get only 50 per cent of their fuel …
Petrol pumps in the greater Guwahati area will remain closed for 24 hours from 5 am of July 9 in protest against the move of the oil companies to phase out normal petrol and replace the same with the premium brand, which is costlier. The Greater Guwahati Unit of the …
The problems in petroleum pricing stem from a flawed method, and will cause immense harm to the oil companies and endanger energy security. A DEBATE without data would be a meaningless exercise. But a debate with faulty or fudged data would be positively dangerous. The prolonged national "debate' over the …
THE Indian economy has been at tipping point for some time now, poised to enter a period characterised by slow growth and high inflation. The government's decision to hike the prices of petrol, diesel and liquefied petroleum gas (LPG) could well be the final push. In the government's view the …
Chaturvedi Panel Feels States Should Follow Centre's Example To Contain Petro Price Spiral STATES, which have earned a whopping Rs 65,000 crore as tax revenues from the oil sector in 2007-08 thanks to the high oil prices, may now have to relook at their tax structure. The high-level committee constituted …
A majority of retail outlets of Hindustan Petroleum Corporation (HPCL) in Punjab and Haryana are facing an acute shortage of fuel for the past 10 days. The stock-transfer agreement with Indian Oil Corporation (IOC) has reportedly not been honoured by HPCL in other parts of the country (Bihar and Andhra …
Marketing Cos Unofficially Tell Pump Owners To Push Branded Fuel Our Bureau MUMBAI CONSUMERS are still being forced to tank up with premium or branded petrol and diesel at most pumps, more so if they are driving a premium car or utility vehicle (UV). The government hiked fuel prices last …
The petroleum dealers have strongly opposed the move of the oil companies to withdraw the normal petrol from the market to replace it by the premium brand as according to them, such a hasty decision at a time when the sharp increase of the petroleum products put a burden on …
Pakistan's government plans to phase out politically-sensitive fuel subsidies during the new financial year that starts on Tuesday as it tries to bring a ballooning budget deficit under control, according to senior Pakistani officials. The government spent $2.4bn during the fiscal year that ended on Monday to subsidise domestic fuel …
MADRID: In a clear indication that India - and other developing economies - had better get used to high oil prices, the cartel of oil exporting countries, which fuels four out of every 10 consumer, on Monday threw out finance minister P Chidambaram's suggestion that OPEC should restore the price …
fuel price India fails to shield consumers A pressed Indian government raised petrol and diesel prices by 10 per cent on June 4, curbing losses to its state-owned refiners but stoking inflation and risking a political backlash. Petrol and diesel prices are now dearer by Rs 5 and Rs 3 …
A GROUPof British MPs is urging the government to use Tata-owned luxury Jaguar cars instead of Japanese hybrid cars that run on a mix of electricity and petrol. The campaign that could be summed up as "be British, drive British' follows Tata Motors' acquisition of Jaguar and Land Rover in …
Lorry owners staged a protest against the short supply of diesel in Kadiri town of Anantapur district on Monday. They were facing a shortage of diesel for the last few weeks due to short supply to the town. Earlier, nearly one lakh litres of diesel used to be supplied to …
Chandigarh: Though the inflation now stands at 11.05 per cent, rates of grocery items, fruits and vegetables have recorded a hike of 25 to 30 per cent.Varun Chadhadoes a recce of the city markets The skyrocketing inflation, now at a 13-year high, has virtually eroded the hard-earned wealth of the …
Thomas W Evans The US president has the power to attack, and perhaps destroy, the Organisation of Petroleum Exporting Countries (OPEC), the illegal cartel that has driven the price of oil over $130 per barrel. This can be accomplished without invasion or bombing. No special legislation is needed. The president …
Nagpur: Rising petroleum prices are likely to make PET products costly. With crude on the boil, polymers the raw material for making plastic products have become dearer by over Rs 10,000 per tonne within a month. As a result there is a likelihood of plastic packaging material manufacturers passing on …
