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Airbus launches new A330neo jet at Farnborough

Last Updated: Monday, July 14, 2014, 16:37

Airbus said the new A330neo would cut fuel consumption by 14 percent per seat, and that deliveries will start in the fourth quarter of 2017.

Oil falls below $109 as Libya restarts oilfield

Last Updated: Wednesday, July 09, 2014, 10:05

Easing worries over possible disruptions to supply from the conflict in Iraq also dragged on prices.

Periodic fuel price-linked passenger fare hike to continue

Last Updated: Tuesday, July 08, 2014, 16:58

FDI will not be allowed in core operational areas, he said, adding these areas will remain with the Railways.

Egypt PM rejects public outrage against fuel price hike

Last Updated: Sunday, July 06, 2014, 05:59

Egyptian Prime Minister Ibrahim Mahlab has rejected public outrage against the recent hike in fuel prices and asked them to accept the decision.

Govt rules out any immediate hike in prices of LPG, kerosene

Last Updated: Sunday, July 06, 2014, 00:43

Price of kerosene, which currently costs Rs 14.96 a litre in Delhi, was last hiked in June 2011 when its price was hiked by Rs 2.

Taliban set 200 fuel trucks on fire in Kabul

Last Updated: Saturday, July 05, 2014, 17:34

A Taliban bomb attack on the outskirts of Kabul set fire to some 200 fuel trucks that the militants claimed were supplying foreign troops in Afghanistan, officials said today.

Egypt raises fuel prices to slash subsidies

Last Updated: Saturday, July 05, 2014, 08:04

Egypt's government has drastically raised fuel prices to tackle a bloated subsidy system, in a potentially unpopular move that could present newly elected President Abdel Fattah al-Sisi with his first serious challenge.

Panel set up to develop fuel norms for trucks, buses

Last Updated: Thursday, July 03, 2014, 18:21

With commercial vehicles and buses guzzling more than a third of all diesel consumed in India, the government has constituted a high-level committee to develop fuel economy norms for heavy-duty vehicles.

Harnessing sunlight to convert carbon dioxide into fuel

Last Updated: Wednesday, July 02, 2014, 17:35

Using waste carbon dioxide and easily obtainable machined parts, researchers have devised an efficient method for harnessing sunlight to convert carbon dioxide into a potential alternative fuel known as formic acid.

Losses on diesel more than double to Rs 3.40 a litre

Last Updated: Tuesday, July 01, 2014, 20:05

With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.

Moody's expects govt to reduce fuel subsidy bill

Last Updated: Tuesday, July 01, 2014, 19:44

Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.

Not surprised by petrol-diesel prices hike: Nitish Kumar

Last Updated: Tuesday, July 01, 2014, 16:07

Senior JD(U) leader and former Bihar Chief Minister Nitish Kumar Tuesday said he was not surprised at rise in prices of petrol and diesel besides, soaring rates of food items under Narendra Modi government which could not deliver on tall promises made so far.