The Supreme Court on Monday issued notice to the Centre on a PIL which claimed that Indian cities were among the world's worst polluted and sought enforcement of stringent Euro V pollution norms fo

The Supreme Court on Monday issued notice to the Centre on a public interest writ petition to take immediate and adequate steps to prescribe stringent emission standards on all parameters such as p

Around 5,000 four-wheelers will be inspected in the city on Wednesday as a part of a 'clean air campaign' to promote clean environment and health by educating motorists.

The Government’s clean fuel programme or Bharat Stage-IV norms that came into effect from April 1, 2010 is still facing problems.

The project aims to maximise refinery margins at least by $1 a barrel

Chennai Petroleum Corp Ltd (CPCL), a subsidiary of IndianOil Corp Ltd, has got environment clearance for its Rs 3,350-crore expansion project at the Manali refinery near here. Proposed two years ago, the project aims to maximise the refinery margins at least by $1 a barrel. It will produce more high value distillates and enable the company to process more of the cheaper high-sulphurous crude.

Oil-marketing companies (OMCs) have decided to increase petrol prices by Rs 1.40 per litre with effect from Friday midnight. With this, petrol price in Delhi would be Rs 70.46 a litre now.

The last price hike was on February 16. Between then and now, international petrol prices rose from $128.57 per barrel to $131 per barrel, which necessitated price revision, said an IndianOil Corporation (IOC) release. The rupee has also depreciated from Rs 53.43 to Rs 54.15 versus dollar in the same period.

Banking on the phased deregulation of diesel pricing, the government proposes to cap subsidy on this fuel at R6 per litre in 2013-14 to insulate itself from volatility in global crude oil prices wh

Oil minister M Veerappa Moily on Monday ruled out a rollback in the Rs.1.50-a-litre hike in petrol and 45 paise a litre increase in diesel rates, saying only a small raise has been passed on to consumers.

“I think everybody would appreciate that we have not put a lot of burden on consumers. It is only small doses,” Moily told reporters. “Our country imports 73-75% of oil. We need to pay R7 lakh crore for the imports. Where do we find that kind of money?” he said.

The Competition Commission of India (CCI) is issuing a notice to three state-owned oil marketing companies (OMCs) on a probe on whether they form a cartel to fix petrol prices.

The commission is also looking at the coal and fertiliser sectors, where government-owned companies dominate the market. “Law does not distinguish between government and private companies,” said Ashok Chawla, chairman of CCI, addressing the annual global investor conference here of Kotak Institutional Equities. “After the government clarified that it does not have a role to play in petrol pricing after deregulation, we have taken up the issue.”