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 …
Rationing oil cannot address the larger issue Any proposal to ration oil in view of rising global crude prices could turn out to be a disaster. Imposing a formal allocation system to streamline supply and demand of petrol and diesel would, instead of resolving the problem, encourage hoarding and black-marketeering …
It may be counter-intuitive to argue that oil prices will climb during a year in which most of the leading economies are slowing down. Yet, global oil prices have been climbing sharply, hitting a new high of $122 per barrel on Tuesday. What is worse, the trend of price forecasts …
Deals reflect intensifying competition in the US car market. As the credit crunch intensifies, carmakers are turning to an unusual way of moving vehicles off dealership lots: offering to throw in the petrol. In the UK, Fiat offers a payment-free period of nine months plus
Rising export of petroleum products helped Commerce Minister Kamal Nath meet 96 per cent of the targeted $160 billion worth of exports in 2007-08, but it could not contain the country's net oil import bill. The net oil import bill in 2007-08 is likely to rise by around 41 per …
As the credit crunch intensifies, carmakers are turning to an unusual way of moving vehicles off dealership lots: offering to throw in the petrol. In the UK, Fiat offers a payment-free period of nine months plus
The government has increased petroleum products' prices for next 15 days by Rs 3 per litre except kerosene oil to pass on the impact of surge in international market rates to the consumers. The new prices will be effective from May 1 (today). The diesel and petrol prices are increased …
Following soaring fuel prices in the international market, the Guinean government has suspended its long-used subsidies on diesel and petrol. The government had used the subsidies to quell tensions over rising cost of living. The price of a litre of petrol has risen by more than 60 per cent. "The …
THE United Nations was to halt food hand-outs for up to 800,000 Palestinians yesterday because of a severe fuel shortage in Gaza brought on by an Israeli economic blockade. John Ging, the director of operations in Gaza for the UN Relief and Works Agency, which supports Palestinian refugees, said there …
Adulteration of fuel at petrol bunks in the city is on the rise. At least 1,075 cases have been registered this year against various oil companies as against 931 cases last year. According to legal metrology department, at least 299 cases have been booked against HPCL, 531 against IOC, 188 …
The government on Thursday has increased the prices of all oil products by Rs 3 per litre except kerosene oil. Kerosene oil price has been kept at the previous level to basically protect the poor from additional financial burden, who use it as fuel. Prime Minister, Syed Yusuf Raza Gilani, …
The Organisation of the Petroleum Exporting Countries has quietly begun to reduce its oil production despite calls from the US and Europe for the group to pump more so that prices fall. Output from the core countries of the 13-member cartel last month fell to 27.3m barrels a day, down …
Better industrial performance in sight. Riding on higher output in cement, coal and electricity, the index of six core infrastructure industries grew 8.7 per cent in February 2008 against 7.6 per cent in the same month last year. This is the second-highest growth in the index during 2007-08, next to …
While the advocates of biofuel as a viable option or supplement to conventional fuels feel that India must shift over to cheaper alternatives that are not in the grip of oil cartels, its opponents vehemently oppose any such move This year's Budget is notable for waiver of excise duty on …
State-run firms together lost Rs 440 cr per day in the fortnight ended March 31. The retail losses that the country's oil marketing companies incur on sale of petrol, diesel, cooking gas and kerosene at subsidised prices have risen by 7.3 per cent to around Rs 440 crore per day …
Higher petrol and food prices have pushed Australia's annual inflation rate above 4% for the second consecutive month, putting it well above the Reserve Bank of Australia's target, a survey shows. Inflation in the year to March posted consecutive rises at 4% or above for the first time since the …
vehicular pollution is common to most metros. A Kolkata-specific study has highlighted how vehicles in Kolkata emit cancer-causing volatile organic compounds (vocs). The study noted that specific vocs were found in very high concentrations in the city. "Levels of btex
India's largest crude oil producer Oil and Natural Gas Corporation (ONGC) is on the verge of reporting "losses' on every barrel of crude oil that it sells due to the high subsidy burden that it has to bear. This would be the first time that ONGC will post negative margins …
Royal Dutch Shell, Europe's biggest oil company, is working on a process to turn sugars into a synthetic petrol, rather than ethanol, with the aim of moving to a commercial demonstration plant in two years' time. The company yesterday announced a joint venture with Virent, a US biotech business based …
