Tuesday, 24 May, 2022
TopicFuel

Topic: Fuel

With trucks sitting idle, India’s fuel demand set to hit 5-year low in 2020-21

Overall oil-product consumption including transport fuels in the financial year through March 2021 will be around 90% of last year — the lowest level since 2016.

Jugaad and Covid pose new threats to India’s diesel consumption

Rise of natural gas & electric vehicles will crimp diesel demand over longer-term, but coronavirus is adding to the pressure by cutting economic activity.

India’s fuel demand from cars to factories is beginning to bounce back

Provisional fuel sales in June climbed within 88% of 2019 levels from less than half in April in the midst of the world’s biggest lockdown, oil ministry said.

As refiners dump fuel, India is running out of space to store petrol, diesel and crude

Refiners in India, the world’s third-biggest oil consumer, have filled 95% of about 85 million barrels of fuel storage capacity.

India to switch to world’s cleanest petrol, diesel from 1 April to reduce pollution

The new fuel will result in a reduction in nitrogen oxides (NOx) by 25 per cent in petrol cars and by 70 per cent in diesel cars.

Air India promises to clear Rs 5,000-crore due, oil companies hold decision to stop fuel

Three state-owned companies had threatened to stop aviation turbine fuel supplies to six major airports over payment delays by Air India.

Air India owes oil companies Rs 5,000 crore for its fuel bills, say officials

IOC, BPCL and HPCL had written to Air India more than a week ago asking for the dues to be cleared, and warning of action if payment wasn't made.

Fuel supply to Air India stopped at 6 airports over pending dues

Air India said flight operation have not been affected after fuel supply was stopped at the Cochin, Visakhapatnam, Mohali, Ranchi, Pune and Patna airports.

Petrol price hikes may annoy you, but cheap oil is not helping climate

Relatively low prices are making consumers less apt to do their share to reduce emissions by buying vehicles that use less fuel – or none at all.

Here are the industries that made India the world’s fastest-growing economy

India's appetite for fuel has expanded up to 7 per cent, but performances in the banking and power sectors have declined. 

On Camera

YourTurn

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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