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Petrol

Representative image of a petrol pump

Pakistan Crises: Petrol And Diesel To Cost Over Rs 300 After Latest Hike, Says Report

Petrol prices were raised by 26.02 Pakistani Rupees (PKR) per litre, and high-speed diesel saw an increase of 17.34 PKR per litre. This marks the second significant hike in two weeks

16 September 2023

Rs 2,000 Note Exchange Rules

Cash Sales At Petrol Pump Spike To 90% As Customers Rush To Use Rs 2,000 Notes

They have now asked the Reserve Bank to instruct banks to provide enough small denomination notes to help serve customers smoothly

23 May 2023

battery

Standalone Battery Insurance Plan For EVs A Possible Game Changer For EV Ecosystem

Acko General Insurance has launched a first-of-its kind extended battery warranty for EVs. Prior to this, EVs were being covered under the same policies as for ICE vehicles, but it left a lot of gaps. What does the new...

21 April 2023

Few retail fuel outlets of Bharat Petroleum Corporation Ltd suffered temporary shortage

Petrol Demand Rises In July, Rains Continue To Cut Into Diesel Sales

Diesel sales typically fall in monsoon months as rains lower demand in the agriculture sector which uses the fuel for irrigation, harvesting and transportation. Also, rains slow vehicular movements

01 August 2023

Piyush Goyal

Piyush Goyal Says India Will Achieve Target Of 20% Ethanol-Blended Petrol By 2025; Maize To Play Important Role

He said the requirement of ethanol is estimated at 1,300 crore litre, of which 650 litres should come from sugarcane and the rest from other sources including grains

03 May 2023

Crude Oil.

Cash-Strapped Pakistan Hikes Petrol Price By Rs 10 Per Litre

Oil prices spiked after Organisation of the Petroleum Exporting Countries (OPEC +), announced earlier this month that they would cut output

16 April 2023

Indian Oil Petrol Pump (representative image)

Petrol, Diesel Prices Rise In Punjab As State Govt Hikes VAT

The notification with regard to the increase in VAT on fuel was issued by the state excise and taxation department on Saturday

12 June 2023

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Petrol/Diesel

Petrol, Diesel Sales Rise As Agriculture Season Picks Up

Petrol sales rose 5.1 per cent to 2.65 million tonne in March when compared with the same period of last year

02 April 2023

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10 March 2023
India’s Fuel Demand Hits 24-Year High In February: Report

India’s Fuel Demand Hits 24-Year High In February: Report

The consumption of fuel, rose by more than 5 percent to 4.82 million barrels per day in February, its 15th consecutive year-on-year rise.


09 February 2023
Jio-bp Rolls Out E20 Petrol With 20 Pieces Ethanol

Jio-bp Rolls Out E20 Petrol With 20 Pieces Ethanol

The E20 fuel is a 20 per cent blend of ethanol and 80 per cent of petrol


02 February 2023
Windfall Tax To Continue For Now; Collections At Rs 25k Crore This Year

Windfall Tax To Continue For Now; Collections At Rs 25k Crore This Year

India first imposed windfall profit taxes on July 1, joining a growing number of nations that tax super normal profits of energy companies


23 January 2023
Puri Hopes For Cut In Petrol Prices No Sooner Oil Companies Recoup Past Losses

Puri Hopes For Cut In Petrol Prices No Sooner Oil Companies Recoup Past Losses

Softening of international prices from multi-year peak hit last year had led to companies making profit on petrol but they continue to incur losses on diesel


13 January 2023
Petroleum & Natural Gas Sector To Drive Growth Of Green Hydrogen In India: Hardeep Puri

Petroleum & Natural Gas Sector To Drive Growth Of Green Hydrogen In India: Hardeep Puri

The minister made the remarks while addressing reporters on the sidelines of '11th CII Bio-Energy Summit' in the national capital.


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13 January 2023
Ethanol Blending In India Increased To 10.17% In July '22: Petroleum Minister

Ethanol Blending In India Increased To 10.17% In July '22: Petroleum Minister

On the Green Hydrogen Policy, he said with this revolutionary shift India is set to become a global hub for green hydrogen and green ammonia production and...


06 December 2022
Cut Excise Duty On CNG Till Gas Is Included In GST: Kirit Parikh Panel

Cut Excise Duty On CNG Till Gas Is Included In GST: Kirit Parikh Panel

Natural gas is currently outside the ambit of GST, and existing legacy taxes — central excise duty, state VAT and central sales tax — continue to be...


01 December 2022
Petrol, Diesel Sales See Double-Digit Growth In November

Petrol, Diesel Sales See Double-Digit Growth In November

Petrol sales soared 11.7 per cent to 2.66 million tonnes in November, as compared to 2.38 million tonnes of consumption in the same month last year


26 November 2022
Sustainable Refineries Imperative For Accelerating India’s Development

Sustainable Refineries Imperative For Accelerating India’s Development

Although refining crude oil remains rooted in the production of fuels, by branching out into petrochemicals, forward-looking refiners are unlocking new value...


25 November 2022
No Shortage Of Petrol & Diesel In Meghalaya: CM

No Shortage Of Petrol & Diesel In Meghalaya: CM

Meghalaya Civil Supplies Director Pravin Baksh on Thursday directed for the arrangement of police escorts to such vehicles after the Assam Petroleum Mazdoor...


17 November 2022
Windfall Profit Tax On Crude Oil Hiked, ATF Remains Unaltered 

Windfall Profit Tax On Crude Oil Hiked, ATF Remains Unaltered 

While the central government has hiked the windfall tax on domestically produced crude oil, it has kept the export tax on jet fuel or ATF, same.


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17 October 2022
Petrol, Diesel and LPG Sales Spike Due To Festive Season Demand

Petrol, Diesel and LPG Sales Spike Due To Festive Season Demand

Petrol and diesel sales have jumped 22-26 per cent year-on-year (YoY) while also rising month-on-month in the first half of October, 2022.


15 October 2022
Explained: Is Ethanol-blended Petrol Good For You? All You Need To Know

Explained: Is Ethanol-blended Petrol Good For You? All You Need To Know

Ethanol-blended petrol is likely to be available in the country from December or January, ahead of the April 2023 target, Union Petroleum and Natural Gas...


14 October 2022
Ethanol-Blended Petrol To Hit Indian Fuel Market By December: Petroleum Minister Hardeep Singh Puri

Ethanol-Blended Petrol To Hit Indian Fuel Market By December: Petroleum Minister Hardeep Singh Puri

India has advanced the target date for achieving 20 per cent ethanol-blending in petrol by five years to 2025.


07 October 2022
Pollution: Over 1.25 Lakh Old Vehicles To Be Deregistered From Noida

Pollution: Over 1.25 Lakh Old Vehicles To Be Deregistered From Noida

Reiterating the green tribunal's 2016 guideline on removing old vehicles from NCR, the Uttar Pradesh government said the order to deregister old vehicles shall...


28 September 2022
Congress Targets Govt Over High Excise Duty On Fuel

Congress Targets Govt Over High Excise Duty On Fuel

Congress spokesperson Anshul Avijit said since June 2022, when the price of crude oil in international markets was USD 116 per barrel, there has been a 37 per...


14 September 2022
Achieving Target Of 20 % Ethanol Blending In Petrol By 2025 To Save Rs 1 Lakh Crore Forex: Amit Shah

Achieving Target Of 20 % Ethanol Blending In Petrol By 2025 To Save Rs 1 Lakh Crore Forex: Amit Shah

he production of ethanol is going to change the entire economy of the petroleum sector in the coming days. Achieving the target of 20 per cent ethanol blending...


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