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Latest Articles in petrol

Diesel Sales Fall In September, Petrol Consumption Up

The consumption of diesel, which represents approximately 40 per cent of the country's fuel demand, declined by 5.8 per cent to 2.72 million tonnes between 1 September to 15 September compared to the same period last year

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Monsoons Witness Dip In Petrol, Diesel Sales As Rains Impact India’s Mobility

As per the data by Petroleum Planning and Analysis Cell (PPAC) for July 2023, India's diesel consumption slipped 13 per cent m-o-m to 6.9 million tonnes (MT) on a provisional basis, while petrol consumption fell 9 per cent to 2.9 MT

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Government Cuts Windfall Tax on Crude Oil To Zero, Diesel Halved

The government intends to withdraw the windfall tax once global crude oil prices fall firmly below USD 70/barrel

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BPCL To Set Up 1GW Renewable Energy Plant In Rajasthan

MoU was signed between Bhaskar Sawant, IAS, Principal Secretary, Department of Energy, Rajasthan and Shelly Abraham, Head Renewable Energy, BPCL, according to reports

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Centre Holds Review Meeting On 12% Ethanol Blending With Petrol For 2022-23

GOI has initiated the Ethanol Blended Petrol ( EBP) programme to mix biofuel with Petrol to cut down the consumer fossil fuel

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Union Petroleum Minister Asks Non BJP Ruled States To Cut VAT

Puri appealed to six non-BJP-ruled states to reduce the Value Added Tax (VAT) on petroleum products. These states are West Bengal, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, and Jharkhand, who have not decreased the VAT on petroleum products so far

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PNGRB Amends Natural Gas Tariff Authorisation & Capacity Regulations

These changes is to provide access of natural gas in the far-flung areas at the competitive and affordable rates

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India's Fuel Demand Hits 10-month Low In September

The total monthly demand in September fell 3.6 per cent from August 2022, although on a year-on-year basis it was up 8.1 per cent

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Rs 50,000 Crore Forex Saved By Blending Ethanol With Petrol In 7-8 Years: PM Modi

Prime Minister Narendra Modi on Wednesday said the country saved Rs 50,000 crore in foreign exchange by blending ethanol with petrol in the last seven-eight years

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Excise Duty On Petrol Will Be Completely Abolished: Finance Ministry

The additional excise duty of Re 1 on petrol and diesel will also no longer be applicable

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Green Fuel Will End Need For Petrol In India: Gadkari

With full faith, I want to say that petrol will vanish from the country after five years. Your cars and scooters will either be on green hydrogen, ethonal flex fuel, CNG or LNG, said.Union Minister Nitin Gadkari

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How India's Export Curbs, Tax Hike Will Exacerbate Global Diesel, Petrol Shortage

The world is grappling with tight gasoline and diesel supplies as Western sanctions have reduced exports from Russia while demand has surged in a post-pandemic recovery

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India To Supply Fuel To Sri Lanka Only After Advance Payment

The sources have claimed that India has agreed to provide Sri Lanka with the fuel only if they are ready to pay in advance.

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Centre Raises Taxes On Export Of ATF, Diesel And Petrol; Windfall Tax On Domestic Crude Oil

It has imposed Rs 6 per litre tax on exports of petrol and ATF and Rs 13 per litre on exports of diesel

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India Sends 40,000 MT Of Diesel To Sri Lanka Again

India and Sri Lanka signed a USD 500 million Line of Credit Agreement for the purchase of petroleum products on February 2, 2022

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