Fuel

Sri Lanka could face shortage of fuel by third week of Jan: Energy Minister

The Sri Lankan government on Tuesday had announced a USD 1.2 billion economic relief package amidst a severe foreign exchange crisis

Oil prices firm on weak dollar, tight supply as US driving season looms

"Oil prices are supported as gasoline markets remain tight amid solid demand heading into the peak U.S. driving season," said SPI Asset Management Managing Partner Stephen Innes

Centre tax cut on fuel only 'partial', don't expect same from states: TN FM

The Tamil Nadu government on Sunday described the Centre reducing taxes on petroleum products as 'partial' and said "it is neither fair nor reasonable to expect States to reduce their taxes."

Fearing closure of petrol pumps, RIL-BP drafting a rescue plan: Report

Earlier in 2008, RIL had compensated dealers when it shut retail outlets due to high crude oil prices and lack of support from the government

Navankur Infranergy starts mobile fuel station for doorstep diesel delivery

'Booster Diesel' will meet the demand for diesel by various end-users at their doorstep, according to a release

AirAsia India evaluates fuel savings from taxibot on two modified aircraft

After modifying two of its A320 aircraft, AirAsia India had on November 23 last year started using taxibot to tow them at the Delhi international airport

Italy lowers fuel taxes to help tackle surging prices due to Ukraine war

A statement from the office of PM Mario Draghi read, excise taxes on gasoline, diesel fuel, liquified petroleum gas, and all forms of natural gas will be lowered starting Tuesday, until atleast July 8

Sri Lanka extends credit line with India by $200 mn for fuel: Power Min

Colombo was also in talks with New Delhi over extending the credit line by an additional $500 million, minister Kanchana Wijesekera told a news conference.

Fuel tax cuts: K'taka CM says economy has to be kept in mind

Bommai also said that if other states reduce the taxes, it will help neighboring states

Telangana rejects calls to cut fuel VAT, says had no hike in seven years

The Value Added Tax (VAT) on petrol in Telangana is 35.2 per cent while it is 27 per cent on diesel

Bengal govt spent Rs 1,500 cr in last 3 yrs to provide fuel subsidy: Mamata

Her retort came a few hours after Prime Minister Narendra Modi, in a virtual interaction with chief ministers, flagged higher fuel prices in opposition-ruled states

SFC Energy, FC TecNrgy to make hydrogen and methanol fuel cells in India

German firm SFC Energy and FC TecNrgy have inked a pact to enter into manufacturing of hydrogen and methanol fuel cells in India. The venture plans to set up a manufacturing unit, Research & Development and a repair centre in Gurugram, Haryana, a statement said. Further, they have also announced the launch of EFOY Hydrogen Fuel Cell in India which is expected to play a significant role in meeting the country's National Hydrogen targets which include plans to produce up to 5 million tonne of green hydrogen by 2030. The EFOY Hydrogen is a modular and emission free hydrogen fuel cell solution that meets the highest demands of professional users as in ideal replacement for diesel generators that can be used by a range of industrial applications. Compared to a conventional diesel generator, a 5 kW hydrogen fuel cell energy solution saves up to 45.6 tonne of CO2 based on an assumed annual demand of 43,800 kilowatt hours (kWh). "We want to expand our presence in India and contribute our

Highest fuel prices in Europe recorded in Netherlands, Denmark, Germany

Fuel costs are the lowest in Poland

Bihar CM Nitish Kumar asks Centre to look into rising fuel prices

The Bihar government had on November 4 last year, reduced its Value Added Tax (VAT) on petrol and diesel, a day after the Centre slashed excise duty on the products

Petrol, diesel prices hiked by 80 paise; total rise at Rs 9.20 per litre

This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

Sri Lanka's new finance minister resigns a day after appointment

Sri Lanka is currently experiencing its worst economic crisis in history

Petrol, diesel prices hiked by 40 paise; total increase now at Rs 8.40

Petrol in Delhi will now cost Rs 103.81 per litre as against Rs 103.41 previously

Petrol, diesel rates up by 80 paise per litre again, 11th hike in 13 days

Petrol is now selling at Rs 103.41 per litre in Delhi and diesel is trading at Rs 94.67 per litre.

Lanka imposes curfew as food, fuel and power shortage trigger more protests

The island wide curfew has been imposed with effect from 6 pm Saturday to 6 am Monday (April 4), the information department said.

With 40,000 MT fuel from India, SL looks to reduce power cut to 2 hrs

As the shipment arrived, the Ceylon Electricity Board (CEB) announced that 13-hour power cuts would now be reduced to nearly 2 hours from Sunday.