Lower fuel and manufactured products prices eased India’s annual rate of inflation based on wholesale prices to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed here on Monday.
Power industry experts believe the measures to revive gas-based power projects currently in discussion by the government could work only in the short-term .
Since the 1973-74 oil crisis triggered by the Yom Kippur war when an Arab oil embargo was targeted at countries supporting Israel, there is always a trade-off between the fossil fuel and ethanol, an environment friendly biofuel,
The Indian government is accelerating its programme of blending ethanol with petrol for two reasons: Our petroleum import bill is continuously increasing (we import more than 85 per cent of all our requirements) and two,
After a robust first half, auto companies saw softening of sales from August, primarily due to high fuel prices and cost of finance. Even steep discounts and attractive offers did little to attract buyers.
The construction work of the Paradip-Hyderabad petroleumproduct pipeline and Bokaro-Angul gas pipeline will start from December 24. These pipelines will provide petroleum products and gas for domestic, industrial and commercial use.
The industry must take up the use of Methanol and Liquefied Natural Gas (LNG) as fuel to cut down the high cost of logistics which currently stand at 18 per cent for companies, minister for road transport and highways,
This year, Delhi and Mumbai crossed the one million mark in piped natural gas connections. Beyond the two cities, access to the fuel will grow further to 402 districts across 27 states and Union Territories,
Buying interest for physical cargoes of 380-cst high-sulphur fuel oil (HSFO) intensified on Tuesday, after muted trade in the previous two sessions, lifting cash premiums of the fuel to a three-session high.
China’s dramatic increase in liquefied natural gas imports over the past two years may have hogged the headlines, but India may well emulate its neighbour in switching to the cleanest and fastest-growing fossil fuel.