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 non-committal on fuel prices
Sujay Mehdudia NEW DELHI: Even as Petroleum and Natural Gas Minister Murli Deora on Thursday sought an increase in the quantum of oil bonds issued to oil marketing companies, the government seemed to be indecisive on re-visiting fuel prices despite the Indian basket averaging around $58.93 a barrel.
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Crude oil extends gains as rate cuts may increase demand
Bloomberg / Singapore October 31, 2008, 0:46 IST
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ATF prices cut, duty abolished
BS Reporters / New Delhi November 01, 2008, 0:27 IST State-owned oil marketing companies today cut aviation turbine fuel (ATF) prices by 16 per cent, while the government abolished the 5 per cent Customs duty on the fuel. This will help the airlines cut their fuel bill by another 3-4 per cent.
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State FMs indignant at Centre on oil prices
CHANDIGARH The empowered committee of state finance ministers has expressed unanimous indignation over the inexplicable delay in the reduction of petrol, diesel and LPG rates despite the substantial correction in international crude oil prices.
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Desperate measures
Coping strategies: countries adjust to all-time-high oil prices Bangladesh increased fuel prices for the first time since April 2007. The government maintained subsidies on diesel and kerosene, used predominantly by the poor. Texan motorists, in search of cheap gas, crossed the border into Mexico, which subsidizes its fuel. Indian truckers went on strike from July 2 to 4,
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Manmohan rules out fuel price cut
Sandeep Dikshit ON BOARD THE PM
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PSU oil firms to return to profits in Q3
Rakteem Katakey / New Delhi November 15, 2008, 0:19 IST After reporting losses in excess of Rs 12,000 crore in the July-September quarter, state-run refiners are likely to make marginal profits in the three months up to December 2008 as crude oil prices have plunged to 22-month lows of below $50 per barrel, five analysts tracking the companies said.
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Govt claims final say in KG gas pricing
The Union government today filed a fresh affidavit in the Bombay High Court, which is hearing a dispute over supply of gas from Krishna Godavari (KG) basin, stating that any sale price less than $ 4.2 per mmBtu is not compatible with decisions taken by a ministerial panel.
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Ministry seeks Cabinet direction on fuel pricing
NEW DELHI: The Petroleum and Natural Gas Ministry on Wednesday said no final decision had been taken on fuel price revision and the Ministry would soon approach the Union Cabinet seeking its directions on the matter as under-recoveries had changed into over-recoveries for oil marketing companies (OMCs) in the case of petrol and diesel, while they are still suffering losses in the sale of LPG and k
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Will oil boil again?
Sumita Kale / New Delhi November 28, 2008, 0:00 IST The fine demand-supply balance suggests it will and falling Saudi output doesn't help either.