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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Gas demand rises even as India loses out on cheap LNG
Jyoti Mukul & Ajay Modi / New Delhi July 27, 2010, 1:04 IST
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Fuel price hike wont affect consumers: Deora
New Delhi: Ruling out any rollback in cooking gas and kerosene prices, petroleum minister Murli Deora on Tuesday said that the increase was
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Oil cos to pay Rs 27 per litre for ethanol
New Delhi: Oil companies will pay an interim price of Rs 27 per litre for ethanol, which they will buy from the sugar mills for doping in petrol, and a final price will be fixed after an expert committee submits its report.
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Oil ministry wants clarity on subsidy regime ahead of ONGC, IOC selloff
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Rs. 27 a litre fixed for ethanol for blending
Sujay Mehdudia<br /><br />NEW DELHI: After months of deliberations, the Union Cabinet on Monday decided to fix an interim price of Rs.27 for a litre of sugarcane-extracted ethanol for blending with petrol.<br /><br />However, the final price will be set on the recommendations of a committee of experts.<br />
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Price of ethanol fixed at Rs 27 a litre for blending
The government today gave its formal approval to the introduction of five per cent ethanol-blending in petrol, at a price of Rs27 per litre for ethanol.<br /><br />The Cabinet Committee on Economic Affairs (CCEA) cleared the proposal for implementation of the ethanol programme in all states except Jammu and Kashmir, Andaman and Nicobar, Lakshadweep and northeastern states.<br />
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Is petroleum pricing all gas?
THE Organization of the Petroleum Exporting Countries (Opec) claims on its website that it sold crude oil (2004-08) worth $3,346 billion to G-7 countries, but G-7 countries got $3,418 billion by way of taxes on the price. Opec says the real villains are the governments that use petrol as a means of taxation.
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Marginal hike in fuel prices
Petrol and diesel prices across the country will increase by 9-13 paise a litre with effect from Tuesday midnight, after the government decided to increase the commission to petrol pump dealers. In Delhi, the price of petrol will go up by 13 paise to Rs 51.56 a litre, while diesel will be 9 paise costlier to Rs 37.71 per litre.
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Upstream oil firms gain from retail price rises
Fuel price rise in June brings down subsidy burden by 45%. In what will enhance the financial performance of upstream oil companies, the subsidy burden on Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL) and GAIL Ltd has decreased by 45 per cent in a single quarter thanks to the June fuel price rises. The government uses a one-third burden sharing formula.
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Diesel price deregulation uncertainty could affect IOC, ONGC issue price: Montek
The Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, has said that the uncertainty over deregulation of diesel price could impact the issue price of the oil companies. He was responding to a specific query from Business Line on whether the deregulation issue could impact the forthcoming follow-on offers of Indian Oil Corporation and ONGC. Speaking at sidelines of the Petrotech