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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A K Bhattacharya: Slipping up on oil reforms
It's time the petroleum ministry faced the challenges of oil pricing reforms, instead of hiding behind the oil firms A K Bhattacharya / New Delhi January 18, 2011, 0:14 IST A quick estimate suggests that international crude oil prices for Indian refineries (or what oil industry experts refer to as the Indian crude oil basket) have gone up 22 per cent since the government decontrolled petrol pr
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Fuel prices may put brakes on car sales
Rising Rates, High Input Costs & Runaway Inflation Add To Auto Cos
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Reddy rules out rise in diesel prices
Even as the government has ruled out any increase in diesel prices in the near future, it is hoping for a moderation in global crude oil prices.
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States make merry on costlier petrol
While the consumers are unhappy with the regular price rises in petrol and the Oil Marketing Companies (OMCs)
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Producers to raise biodiesel exports on global price rally
After a 20 per cent rally in crude oil prices from November, biodiesel prices have also started rising globally. Biodiesel prices in Europe rose over 15 per cent, owing to a revival in demand. Indian producers, who mainly rely on export markets in Europe and the United States, are planning to increase exports. Biodiesel shipments currently fetch exporters around $1,150-$1,200 a tonne.
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Dont launch any new schemes, cut oil subsidies: PMs advisor Rajan tells Govt
With just about a month to go for Finance Minister Pranab Mukherjee to present the Budget for 2011-12, Honorary Economic Advisor to the Prime Minister of India Raghuram Rajan said the government must take a hard look at subsidies, particularly petroleum subsidies, pull back on government demand, stop expanding big programmes and definitely not launch any new ones.
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A 10,000cr fuel black market killed Yeshwant Sonawane
New Delhi: A thriving black market in kerosene, estimated at Rs 10,000 crore a year, killed additional collector Yeshwant Sonawane. A litre of kerosene sold at ration shops is often costlier than a bottle of packaged water.
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Deregulation: Solving diesel conundrum
As crude oil prices continue to rise, diesel price reform becomes even more essential. At stake is the longterm sustainable development of India. While the case for deregulation appears strong, diesel price control imposes many costs on our country. The current diesel subsidy of about Rs 7 per litre costs state-run oil companies over Rs 125 crore a day.
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Cheaper, cleaner diesel burn into sales of petrol cars
The dirty fuel is no longer a dirty word in the Indian automotive industry. Long considered the choice of truckers and taxi drivers, diesel has over a short span of time won over the passenger vehicle buyer. With 70 per cent of the market being dominated by small or compact cars, it is no wonder that 2010 saw manufacturers launching new models in this segment.
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Diversion of subsidized fuel a threat
NewDelhi:Diversion of subsidised fuels is one of the major threats to the health of the oil sector, a document prepared by the oil ministry on strategy for the next five years says.