PETROL and diesel have become costlier by up to 50 paise a litre in the country, barring 13 cities, after India switched over to cleaner Euro-III fuel on September 22, eight days ahead of the schedule.

The transition to a higher grade fuel will also mark the end of the road for Euro-II compliant automobiles in the country from October 1, leading to a 2-5% increase in the prices of certain bra


State-run Oil India today said it was forced to cut crude oil production at its fields in Assam after Numaligarh Refinery Ltd shut down plant for upgrade, reports PTI.

This Report of the Standing Committee on Petroleum & Natural Gas deals with the action taken by the Government on the Recommendations contained in the Twenty-Fifth Report (Fourteenth Lok Sabha) of the Standing Committee on Petroleum and Natural Gas (2008-2009) on "Marketing, Supply, Distribution, Dealerships and Pricing of Kerosene and other Petroleum Products", which was presented to Lok Sabha on

HALDIA: At a time when the Indian Oil Corporation (IOC) is making rapid progress in transforming itself into a vertically integrated transnational energy major, its Haldia refinery is likely to earn higher operational margins in the coming quarter of the next fiscal.

New Delhi: Consumers will have to fork out up to 40 paise a litre more for motor fuels in 13 cities that will upgrade to Euro-IV quality. Petroleum secretary S Sundareshan on Monday confirmed that the government was considering a differential pricing for Euro-IV petrol and diesel but declined to say by how much the prices would be higher from Euro-III fuels being sold now.

Works on aggressive moves in downstream segment.

Kalpana Pathak / Mumbai April 24, 2009, 0:26 IST

Reliance Industries