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India's August fuel consumption posts biggest monthly decline since April. (PTI Photo)

Fuel consumption in August witnesses biggest monthly dip since April

Refined fuel sales slipped to 14.39 million tonnes in August, about 16% lower compared with the consumption in the same month a year ago

10 Sep 2020 9:12 AM

Bharat Petroleum sees diesel, gas demand returning to pre-lockdown levels in July. (PTI Photo)

Bharat Petroleum sees diesel, gas demand returning to pre-lockdown levels in July

Diesel sales by Indian state-run fuel retailers in May were down about 31%, while gasoline sales dropped by 36%

04 Jun 2020 3:38 PM

Iranian fuel reaches Venezuelan stations as prices set to rise. (AFP Photo)

Iranian fuel reaches Venezuelan stations as prices set to rise

Washington has warned governments, seaports, shipping firms and insurers that they could face sanctions if they aid the Iranian supply

31 May 2020 9:07 AM

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease. (AFP Photo)

Oil climbs as suppliers stick to output cuts, coronavirus lockdowns ease

OPEC+ countries are set to meet again in early June to discuss maintaining their supply cuts to shore up prices

26 May 2020 8:39 AM

Petrol sales down 61%, diesel 56.5% in April. (PTI Photo)

Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up in May

India has also seen petrol, diesel and ATF demand crashing, overall demand has fallen by about 70 percent

04 May 2020 4:06 PM

Hike in fuel prices every other month

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23 Dec 2019 12:00 AM

State-run Indian Oil Corp and Mangalore Refinery and Petrochemicals have also increased diesel exports.

India's diesel exports to weigh on Asia's refining margins

Diesel cracks that had strengthened in anticipation of new marine fuel norms from January 2020 have eased since the start of Sept.

09 Nov 2019 9:19 AM

Union Environment minister Prakash Javadekar stressed the need to make further efforts to increase the forest cover to 33 per cent of the total geographical area in the country. (Photo: File)

Country to get BS-VI fuel from next April: Environment minister Javadekar

An investment of Rs 60,000 crore has been made for this. It vehicular pollution by 80-90 per cent, said Prakash Javadekar.

08 Oct 2019 8:42 PM

BPCL operates four refineries at Mumbai, Kochi in Kerala, Bina in Madhya Pradesh and Numaligarh in Assam with a combined capacity to convert 38.3 million tonnes of crude oil into fuel.

Govt plan to privatise BPCL needs Parliament nod

Even a 26 per cent stake sale at this valuation would fetch the government Rs 26,500.

29 Sep 2019 12:30 PM

Air India official had on Thursday said that oil firms stopped fuel supplies to the airline at Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Patna around 4 pm.

Air India owes Rs 4,500 cr in fuel dues; hasn't paid in 200 days: Oil firms

Air India offered to pay Rs 60 crore which is a drop in the ocean of what oil marketing companies owe.

23 Aug 2019 1:24 PM

The airports where the fuel supply was stopped by the state-owned OMCs at around 4 pm are Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Mohali, another official of the national carrier said. (Representational Image)

Oil companies stop fuel supply to Air India at 6 airports due to non-payment of dues

However, an official said the flight operations of the airline are currently normal and unaffected.

22 Aug 2019 8:24 PM

Reliance's existing 1,400-odd petrol pumps, as well as 31 aviation fuel stations, will be transferred to the new joint venture where BP will hold 49 per cent equity stake.

BP to pay Rs 7,000 cr for 49 pc stake in Reliance's fuel retail network

Last week, the two firms had announced a new joint venture to set up petrol pumps and retail aviation turbine fuel in India.

12 Aug 2019 12:03 PM

Consumption of fuel, a proxy for oil demand, totalled 17.58 million tonnes, data from the PPAC of the oil ministry showed.

India's fuel demand rose 3.3 per cent in July

Sales of gasoline, or petrol, were 8.8 per cent higher from a year earlier at 2.52 million tonnes.

12 Aug 2019 9:04 AM

Oil minister Dharmendra Pradhan said transport remains the most demanding sector for oil and such a wide base of automobiles will need a combination of fuels.

No plan to completely ban petrol and diesel vehicles: Dharmendra Pradhan

NITI Aayog has reportedly proposed that after 2030, only electric vehicles should be sold in India.

17 Jul 2019 12:36 PM

The nation is preparing to raise its fuel quality to so-called Euro 6 standards from Euro 4 from April 2020 to fight pollution. (Representational Images)

IOC sees growth in Indian fuel demand above 4 per cent in 2019

Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.

25 Jun 2019 2:02 PM

Kalyani Khani-6 Incline in Telangana, having extractable reserves of 15.65 million tonnes (MT), is a new underground coal mining project and carved out of Mandamarri shaft block in Mancherial district of Telangana. (Representational Image)

Telengana's SCCL expedites coal mining projects to meet fuel needs of power plants

To overcome the power deficit, Telangana government has embarked on an action plan for capacity addition of around 6,000 MW.

12 May 2019 4:01 PM

At least three vessels chartered by the Indian conglomerate supplied refined products to Venezuela in recent weeks. (Photo: Twitter)

Reliance selling fuels from India to Venezuela to avoid US sanctions

Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela though its US-based subsidiary.

21 Mar 2019 8:56 AM

With retail prices moderating, petrol consumption soared 8 per cent to 2.25 million tonnes. (Photo: File)

India's fuel demand rises 3.8 per cent in February

Fuel consumption in Feb totalled 17.41 million tonnes as compared to 16.77 million tonnes in same month last year.

19 Mar 2019 2:50 PM

Sales of gasoline, or petrol, were 13.2 per cent higher from a year earlier at 2.37 million tonnes.

India's fuel demand rose 6.4 per cent year-on-year in January

Cooking gas or liquefied petroleum gas (LPG) sales increased 11.0 per cent to 2.31 million tones.

19 Feb 2019 1:43 PM

KSRTC runs one bus fuelled by CNG in Kochi while the fuel is increasingly being chosen by private vehicles, too.

Kerala State Road Transport Corporation plans CNG for clean Kochi

Petronet LNG has promised to bear the conversion cost of 100 KSRTC buses.

09 Feb 2019 2:43 AM

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