Fuel

Russia begins importing gasoline from India to ease fuel shortages caused by Ukrainian attacks on energy infrastructure, as energy trade between the two countries expands

The Coal Exchange Rules establish a framework for electronic coal trading, transparent price discovery and stronger governance, marking a major shift in India's coal market

Measures on LPG monitoring, gas allocation and fuel hoarding were imposed to protect domestic supply after disruptions around the Strait of Hormuz

The Ministry of Finance exempted petrol containing 22 per cent, 25 per cent, 27 per cent and 30 per cent ethanol from central excise duty. The move covers E22, E25, E27 and E30 fuel variants.

Fisme plans to seek relief for micro and small enterprises, saying new restrictions on diesel purchases from retail outlets could disrupt operations of DG sets

Every increase in ethanol content requires engineering changes, recalibrating engines, testing, certification, and modifications to components exposed to fuel

Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent

Western nations facing shortages are reconsidering sanctions on fuels made from Russian crude oil

There is no alternative but to give the correct pricing signal to the market and consumers. Appeals and calls for conservation won't work

State-run OMCs are currently absorbing losses of around Rs 550 crore per day on sale of petrol, diesel and domestic LPG

Automakers have urged the government to cut GST on flex-fuel vehicles and adopt a phased rollout strategy to boost FFV adoption in India

The government said panic buying and bulk diesel consumers shifting to retail outlets triggered temporary fuel shortages at some petrol pumps

Odisha plans dedicated fuel outlets for buses and trucks after transport operators warned of disruptions amid diesel shortages and panic buying across the state

Petrol and diesel prices have been increased by ₹3 per litre, while CNG rates have also gone up by ₹2 per kg in Delhi and Mumbai.

Union Agriculture Minister Shivraj Singh Chouhan on Thursday reduced his convoy to three vehicles and directed officials to work from home as part of measures to implement Prime Minister Narendra Modi's "seven appeals" for responsible fuel consumption amid the West Asia crisis. Chairing a meeting of officials from the Agriculture and Rural Development ministries, Chouhan asked departments to submit an action plan on work-from-home policy within two days and urged staff to adopt carpooling. He said foreign travel would be undertaken only when absolutely essential and most meetings would be held virtually, an official statement said. Officers and staff were asked to refrain from purchasing non-essential gold and encourage at least five other individuals to do the same. On the agriculture front, the minister announced setting up of a committee in every village to promote balanced use of fertilisers and natural farming on a large scale. Chouhan said edible oils should be used judiciou

Petrol pump dealers in Rajasthan have alleged that oil marketing companies have reduced fuel supplies to retail outlets and imposed informal limits on sale of petrol and diesel to consumers. They warned that the move could lead to law and order problems at fuel stations. In a representation submitted to oil companies on Thursday, Rajasthan Petroleum Dealers Association said dealers were being informed through mobile messages and verbal instructions to restrict fuel sales to individual consumers. According to the association general secretary Shashank Korani, Indian Oil Corporation Ltd (IOCL) allegedly directed dealers to limit diesel sales up to Rs 50,000 and petrol sales up to Rs 5,000 per consumer, while Bharat Petroleum Corporation Ltd (BPCL) allegedly capped sales at 49 litres of petrol and 200 litres of diesel. Similar restrictions were allegedly communicated by Hindustan Petroleum Corporation Ltd (HPCL), it said. The association alleged that fuel supply to pumps was being ...

Long queues, rationed sales and delayed tanker loading across Odisha raise questions over fuel supply management amid the West Asia crisis

Bureau of Energy Efficiency is considering revising fuel-efficiency norms using E25 as the base fuel amid efforts to cut crude oil imports and boost ethanol blending

With two months of fuel stockpiles, India faces no supply concerns despite disruptions to global energy flows, Oil Minister Hardeep Singh Puri on Tuesday said, while warning that state-run fuel retailers face losses of as much as Rs 1 lakh crore in a single quarter if elevated crude prices persist and retail fuel prices remain unchanged. He said that at some stage an assessment needs to be made on how long retailers can sustain losses from selling petrol, diesel and cooking gas LPG below cost, but refused to speculate if rates would be raised anytime soon. "We have no supply-side problems," the minister said at CII's Annual Business Summit here, adding that India began the crisis with "more than enough" crude oil and LPG inventories and had since ramped up domestic LPG production to 54,000 tonnes per day from about 36,000 tonnes previously. At the same time, the minister acknowledged growing fiscal stress from keeping retail fuel prices unchanged. "My oil companies are losing Rs 1,

The government has proposed bringing E85 and E100 fuels under the Central Motor Vehicles Rules, allowing testing and evaluation of vehicles designed for higher ethanol blends. However,