Petrol

Order of the High Court of Rajasthan regarding installation of a petrol pump near a crematorium and high-tension line, 05/03/2025

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 …

Oil PSUs' retail losses up 7.3%

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 …

Breeding the oil bug

Biologists can now create organisms that have never before existed

Petrol helps fuel inflation

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 …

Cancer in Kolkata air

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

ONGC may slip on subsidies

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 …

Shell venture sweetens biofuels debate

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 …

RIL to shut down 900 petrol pumps

Faced with the prospects of rising global crude oil prices and its inability to match the fuel price offered by state-run oil marketing companies (OMCs), Reliance Industries Limited (RIL) is understood to have decided to shut down 900 petrol pumps. The company has set up 1,400 pumps across the country. …

Petrol prices have peaked: RACV

Victorian petrol prices have already peaked before the Easter long weekend and will continue to drop over the next few days, the RACV says. RACV government and corporate relations manager David Cumming said today was the most expensive day of the week to buy petrol with the average price of …

PetroChina pays for oils surge

PetroChina faces the prospect of losing about $18bn on its refining business if the price of crude oil remains at its present level, its chairman suggested on Wednesday. Chinese refiners have been unable to pass soaring oil prices on to consumers because the government imposes price controls on petrol and …

Taxing prices

It is high time Parliament took serious note of the sordid story of the unwarranted hike in the prices of petroleum products. AFTER months of vacillation, the Union government has raised the price of petrol and diesel by Rs.2 and Re.1 a litre respectively. The leftist parties and the National …

Meeting to discuss petro products seepage

Mormugao Deputy Collector Levinson Martins has convened a meeting on Thursday morning, to discuss the seepage of petroleum products into two wells at Bogmalo. Stating this, Chicolna-Bogmalo Sarpanch Laxman Kavlekar told Herald that Indian Oil Corporation (IOC) officials on Wednesday claimed they had no facilities to store the petroleum that …

One more well contaminated, claims Bogmalo sarpanch

While efforts to pump out petroleum products that seeped into two wells at Pilmad Bogmalo have met with little success, Chicolna-Bogmalo Sarpanch Laxman Kavlekar has now claimed that a third well has been contaminated in the village. Mr Kavlekar has stated that IOC officials will visit the well on Wednesday …

Petrol price raised by Rs 5, diesel by Rs 3.50

The government has increased petroleum products' prices, which will be effective for the fortnight, from March 1 to March 15. The petrol price has been raised from Rs 53.70 per litre to Rs 58.70, diesel from Rs 32.57 per litre to Rs 36.07, kerosene oil from Rs 35.23 per litre …

5% oil freight cut will not lower petrol, diesel prices

The 5% reduction in freight rates for motor fuels announced in the Railway Budget is aimed at weaning away petrol and diesel traffic from road transport but will not result in any reduction in pump prices as the oil companies will save a mere Rs 50 crore annually due to …

Souped-up battery prepares to slay the gas guzzlers

The dream of climate-friendly, petroleum-free motoring is creeping closer - thanks to a clutch of breakthroughs in nanotechnology. Several recently reported lab findings promise to vastly improve the safety and performance of the high-capacity batteries that electric cars will need, at last making them a viable alternative to today's petroleum-powered …

But it wont lower oil prices

Railway minister Lalu Prasad Yadav's announcement of a 5% cut in the freight rates for moving petrol and diesel is indeed an effort to bring back the oil traffic from roads to the railways. The reduction in freight rate, announced as part of the Railway Budget proposals for 2008-09, is …

Petrol seeps into Bogmalo wells, spring

Mamlatdar, police, Navy directed to submit reports Mormugao Deputy Collector Levinson Martins has directed the Mamlatdar, police and naval authorities to submit their reports, following complaints from the Bogmalo panchayat that petrol had seeped into two wells and a spring in the village. Chicolna

Free oil PSUs from the pricing pincer

Even though the government has recently allowed state-owned oil marketing Companies to marginally increase the prices of petrol and diesel, one doesn't need to use rocket science to figure out that the hike is just not enough to help Indian Oil Corp, HPCL and BPCL to tide over their losses. …

Brinda questions Deora on fuel price hike

Picking on an advertisement issued by the Petroleum Ministry to explain the recent fuel price hike, CPI(M) Politburo member and MP Brinda Karat wrote a letter to Petroleum Minister Murli Deora on Tuesday, questioning the Ministry's claim about the Government absorbing a financial burden of over Rs 71,000 crore during …

Relief from plastic garbage: Petro product plant to be set up

Plastic garbage is playing havoc with mother earth. From villages to cities plastics are being used in such a way that the whole country seems to be a heap of plastic garbage. A Nagpur based company has taken initiative to use plastic garbage in producing petro products. Dr Jhadgaonkar related …

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