Coal 2023: analysis and forecast to 2026
Latest IEA market report sees lower demand to 2026, based on current policies, but stronger actions are needed to drive a steeper decline towards meeting international climate goals. After reaching an
Fuel Pricing
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Deora: where is the scope for price cut?
Sujay Mehdudia NEW DELHI: Notwithstanding the decline in international crude prices in recent weeks, Petroleum and Natural Gas Minister Murli Deora on Monday ruled out a cut in retail prices of petrol and diesel.
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Sugar mills demand 40% hike in ethanol price
Dilip Kumar Jha / Mumbai September 2, 2008, 3:57 IST Concerned with the abnormally high prices of molasses, sugar mills have asked oil companies to raise the ethanol procurement price by 40 per cent for the recently-floated tender.
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Threat to Polands energy prices
Poland faces crippling energy price rises which will threaten growth and employment unless the European Union rethinks its carbon trading system, officials in Warsaw are warning.
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Oil supply disruption threatens prices
Oil companies stepped up efforts to shut production in the Gulf of Mexico on Sunday as hurricane Gustav tore into the US
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Toyota Cuts 2009 Sales F'cast, Speeds Up Electric Cars
Toyota Motor Corp cut its 2009 vehicle sales forecast by nearly 7 percent as high fuel prices hammer demand for large cars and pickup trucks, and said it will speed up the rollout of hybrid and electric cars as their popularity grows. The weaker outlook from the world's most profitable carmaker weighed on shares of European rivals and highlighted an increasingly difficult environment, where orders in the United States and Western Europe for high-margin, gas-thirsty vehicles is slumping.
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Future transport
The hike in the price of oil means that new ways of fuelling transport are no longer fantasy. (Editorial)
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Tanzania Sees 300 Cars on Natural Gas by March 09
Tanzania plans to have about 300 cars running on a hybrid of petrol and compressed natural gas in Dar es Salaam by March 2009, a senior government petroleum official said on Tuesday. It also plans to build three gas filling stations in the same period. The east African economy has proven natural gas deposits of about 3.3 trillion cubic feet and is trying to use it to blunt the effects of high international fuel prices.
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OMCs moot differential pricing for fuels
NEW DELHI: Stung by the spurt in demand for diesel from various sectors, particularly the industrial sector, and the continued misuse of the subsidised fuel by various other commercial segments, Oil Marketing Companies (OMCs) have set in motion the process for differential pricing of fuels proposing sale for industrial users at Rs. 57 a litre. Subsidised sales
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Bottom of the barrel
Business Standard / New Delhi August 26, 2008, 5:18 IST
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Govt for selling diesel to railways at market rates
Rakteem Katakey / New Delhi August 26, 2008, 0:52 IST Indian Railways, which are likely to post a cash surplus of Rs 31,000 crore in the current fiscal, should pay market rate for the diesel they consume, as they are one of the largest consumers of subsidised diesel that contributes significantly to the under-realisation losses, state-owned oil companies said in a letter to the petroleum ministry.