New Delhi, May 29 (IANS) Nissos Keros, a Marshall Islands‑flagged crude oil tanker carrying approximately 270,000 MT of crude oil cargo for India, safely crossed the Strait of Hormuz and is expected to arrive at Visakhapatnam on June 3, according to the official update issued on Friday. All oil refineries in the country are operating at high capacity with adequate crude inventories, while sufficient stocks of petrol and diesel are being maintained. Domestic LPG production from refineries has b…
Latest Diesel News & Updates
New Delhi, May 29 (IANS) Among a slew of measures to improve energy security in the country and decarbonise the road and highways sector, India is likely to bring a mandate on blending isobutanol with diesel as early as this year, Roads Transport and Highways Secretary V. Umashankar said on Friday.In his remarks at the CII Multimodal Transportation and Logistics Summit here, Umashankar said: “Blending of diesel has been looked into with great seriousness. Bharat Petroleum is already undertaking …
Sangli, May 28 (IANS) In light of the prevailing economic hardships, senior leader of the Nationalist Congress Party (SP) and former State Finance Minister, Jayant Patil, on Thursday urged the Maharashtra government to prioritise public interest by immediately waiving the Value Added Tax (VAT) and surcharges on petrol and diesel. Patil made this demand through an official letter addressed to Chief Minister Devendra Fadnavis.Expressing deep concern over the situation, Patil stated that the contin…
New Delhi, May 26 (IANS) Rising prices of petrol, diesel, and CNG have triggered concern among commuters and transport workers in Delhi and neighbouring Ghaziabad, with many residents saying the increase is putting pressure on household budgets and affecting their livelihoods.In Delhi, several residents and daily commuters voiced frustration over the repeated hikes, saying the rising fuel costs are becoming difficult to manage.A taxi driver in the national capital said that frequent increases we…
New Delhi, May 25 (IANS) Congress President, Mallikarjun Kharge, has strongly criticised the recent rise in fuel prices across the country on Monday, calling it a “daily assault of FUEL LOOT” and accusing the NDA government at the Centre of burdening common citizens. His comments came after fuel prices were hiked again on Monday, the fourth time since May 15. Petrol has become costlier by Rs 2.61 per litre and diesel by Rs 2.71 per litre.In a post on X, Kharge wrote, “The Daily Assault of FU…
New Delhi, May 23 (IANS) The special additional excise duty (SAED) cut on petrol and diesel on March 27, 2026 resulted in approximately Rs 30,000 crore cost for the central exchequer in the current fiscal year, and the pass-through of higher crude was not made to the consumer; it was absorbed by the exchequer.Amid the Strait of Hormuz disruption, the SAED cut reduced petrol excise to three rupees a litre and took diesel excise to zero.The Congress argues that petrol cost roughly Rs 71 a litre in…
New Delhi, May 23 (IANS) There is no overall shortage of petrol and diesel in the country and outages reported at some retail outlets are “highly localised” and temporary, Indian Oil Corporation (IOC) said on Saturday.These small outages are caused by regional demand-supply mismatches and shifting sales patterns, the IOC said in a statement. The company is closely monitoring the situation and taking adequate measures to address these isolated situations and ensure uninterrupted fuel supplies to …
Mumbai, May 22 (IANS) In the wake of widespread rumours regarding a potential fuel crisis, Maharashtra’s Food, Civil Supplies, and Consumer Protection Minister, Chhagan Bhujbal, on Friday assured the people that the state has an ample supply of petrol and diesel. Speaking to the media, he urged citizens to refrain from panic buying and unnecessary hoarding.The Minister revealed that panic-driven purchasing has led to an unusual surge in demand, with petrol and diesel sales spiking by 20 per ce…
New Delhi, May 21 (IANS)Transport union Chalak Shakti Union Vice President Anuj Kumar Rathore on Thursday complained that fares of auto-rickshaw and taxi drivers have not been revised in the national capital for the last 15 years and assured that their strike will be called off as soon as the government assures an increase.Talking to IANS, Rathore said: “A three-day strike has been announced for May 21, 22, and 23, during which drivers have been urged not to operate their vehicles. The call has …
New Delhi, May 21 (IANS) There is no shortage of petrol, diesel or LPG in the country and petrol pumps that are not giving fuel or giving fuel in reduced quantities are being pulled up, according to senior government officials on Thursday.The government is receiving feedback about petrol pumps across India and full supply of fuels is being maintained to all retail outlets. There has also been no reduction in oil imports coming from Russia in order to ensure adequate crude supplies to the refiner…