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The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Tamil Nadu govt hints it may not cut VAT on fuel

Both petroleum products and liquor sales in the state are covered under the VAT regime.

21 May 2018 3:31 PM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol price cut by 7 paise, diesel by 5 paise per litre

Petrol in Delhi now costs Rs 78.35 a litre, down from Rs 78.42 per litre.

31 May 2018 8:36 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Fuel on fire: Oppn, citizens slam one paisa petrol cut, demand...

Sitaram Yechury also suggested that Prime Minister Narendra Modi should follow Kerala's example and reduce the duties on...

30 May 2018 9:21 PM IST

File image of a man counting cash at a petrol pump.

Kerala to reduce fuel cost by Re 1, rest of India gets paltry 1 paisa...

With this, Kerala becomes the first state to announce a cut in fuel prices.

30 May 2018 4:29 PM IST

File image of a man counting cash at a petrol pump.

Centre earns Rs 665 crore a day from excise on oil

Excise duty on petrol was hiked by Rs 11.77 per litre and that on diesel by 13.47 a litre since Nov 2014.

30 May 2018 9:49 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Not 60 but 1 paisa: Indian Oil revises petrol, diesel prices within...

Petrol and diesel prices were cut down by 1 paisa in Mumbai and Delhi today.

30 May 2018 8:59 AM IST

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Holistic strategy to find a long-term solution to fuel prices: Pradhan

The government had raised excise duty on petrol by Rs 11.77 a lire and that on diesel by 13.47 a litre.

28 May 2018 3:36 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Fuel prices surges for 15th day, touches Rs 78. 27 in Delhi

Hike in crude oil price in the international market are some of the factors affecting the fuel price.

28 May 2018 9:34 AM IST

US oil shipments to China have surged, creating trade between the worlds two biggest powers that until 2016 just did not exist.

High oil prices may spoil party for BJP in 2019

In 2018, petrol price in Mumbai has already reached Rs 85.93 a litre on May 27.

28 May 2018 9:15 AM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Cabinet approves National Biofuel Policy

It also allows use of surplus food grains for production of ethanol for blending with petrol.

16 May 2018 5:38 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Centre may cut excise duty on petrol, diesel

Government faced strong criticism for holding on to higher duty on petrol and diesel to meet revenue.

14 May 2018 9:17 AM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Private fuel retailers double petrol, diesel market share

In 2017-18, private retailers commanded 6.8 per cent market share in petrol sales and 8.2 per cent in diesel.

19 March 2018 3:39 PM IST