Page 2 - Petrol Pumps

BPCL targets expanding retail network by 14,273 pumps to tap growing demand

As the demand for petrol and diesel continues to rise due to new vehicle sales, BPCL is moving ahead with its fuel network expansion plans

India's fuel consumption rises 9.3% in October to 19.2 million tonne

Consumption of fuel hit 19.2 million tonnes (mt) in October, up from 18.2 mt in the same month last year

Delhi petrol pump owners protest; demand removal of VAT, margins revision

Petrol pump owners in the national capital held a protest at Jantar Mantar on Wednesday, demanding the removal of value added tax (VAT) on petrol and diesel and revising their margins on sales. Representatives of various dealer welfare associations of petrol pump owners from other states also participated in the protest. The protesters demanded the removal of VAT, terming it "disruptive", and include petroleum products in the goods and services tax (GST) regime. The last revisions took place in 2017. The prices of petrol and diesel have gone up while the margins have remained constant, said Ranjit Kumar, president of Uttar Pradesh Petroleum Traders Association. It is becoming difficult for us to sustain ourselves with the current static margins and the oil marketing companies have remained unresponsive to our legitimate demands, said Paramjit Singh Doaba, the president of the Punjab Petrol Pump Dealers Association. The associations also flagged the issue of adulterated diesel. Due

Fuel retailers setting up convenience stores, cafes to attract footfall

Convenience retail is being driven by infrastructure development and a rise in the number of highways and expressways, executives said

Punjab petrol pumps get 90% cash in Rs 2,000 notes after RBI's withdrawal

"We are afraid that we would again face problems as after demonetization in 2016 most dealers received harassment by tax authorities"

Petrol sales: 90% via Rs 2,000 notes, 10% digital, say pump dealers

Pump dealers say customers using Rs 2K notes to make small purchases of Rs 100 & Rs 200 and asking for return in change

As CNG and EVs expand in cities, fuel retailers look at the rural market

In the last three financial years, 88 per cent of the 16,190 new fuel pumps set up by Indian Oil, Hindustan Petroleum, and Bharat Petroleum were located in rural areas and highways

Long queues at filling stations in Pakistan amid acute petrol shortage

Long queues of automobiles and motorcycles were witnessed at filling stations in capital city of Islamabad and the Khyber Pakhtunkhwa province due to reduced supplies by oil marketing companies

One in every 10 petrol pumps in India now offering CNG, EV charging

India has about 84,600 fuel retail outlets, of which 8,900 offer alternative fuels such as CNG, auto LPG or EV charging facilities

DDA nod to proposal on EV charging at petrol pumps at lesser licence fee

The LG, who is also the chairperson of DDA, tweeted about the decision taken during the meeting, which was attended by the urban body's vice-chairman and other members.

Around 2,000 Rajasthan petrol pumps go dry as companies restrict supply

According to petroleum dealers, BPCL and HPCL have restricted the fuel supply and are providing only 33 per cent oil of the total demand which is triggering the fuel crisis.

IOC may sell some of its petrol pumps to JV with Malaysia's Petronas

IOC may sell some of its over 32,300 petrol pumps to a joint venture with Malaysia's Petronas with a view to monetising vast fuel marketing network, its Director (Finance)

After Mumbai, Hyderabad sees Rs 100/litre petrol after price hiked again

Fuel prices were raised yet again

Numaligarh Refinery evaluates re-entering fuel retail biz via petrol pumps

Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

Petrol, diesel prices unchanged across metros for 8th consecutive day

Oil marketing companies kept fuel prices unchanged for the eighth consecutive day across the four metros on Sunday

Nayara Energy's India fuel retail outlets triple in 5 years to reach 6,000

Company aims to have 7,400 petrol pumps by 2024-end

Govt mulls installing EV charging kiosks at around 69,000 petrol pumps

The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility

Factories with on-site workers to be operational on Bengal lockdown days

All petrol pumps in West Bengal will remain operational on the three days when the state government has till now decided to impose complete lockdown to stem the spread of the coronavirus

Indian state retailers' May petrol sales fall 36%; diesel down 31%

In April, petrol sales declined 61% from a year earlier and diesel sales dropped 57% from a year earlier

Covid-19: Petrol pumps won't sell you fuel if you are not wearing a mask

Worried about the safety of their staffers, more than 58,000 fuel retail outlets across India have decided to decline refills for those customers who are not ready to wear masks