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IOC, BP, HP to spend $20 billion on refinery expansions

IOC, BP, HP to spend $20 billion on refinery expansions

India has traditionally been a net exporter of fuel oil, the residue oil left after initial crude refining that is typically used in shipping and power generation.

 India's fuel consumption to grow 5-6% this fiscal: Fitch

India's fuel consumption to grow 5-6% this fiscal: Fitch

After growing at a robust 7.8 percent in first quarter, India's fuel consumption growth is likely to moderate at around 5-6 per cent in the current fiscal, Fitch Ratings said on Monday.

Oil falls amid supply glut, lower prospects of output freeze

Oil falls amid supply glut, lower prospects of output freeze

Amid the recent fluctuation in global crude oil rates, prices fell on Friday, in a situation of supply glut following indications from Saudi Arabia that no output freeze was in the offing.

Petrol, diesel price cut: Know the new rates in major Indian cities!

Petrol, diesel price cut: Know the new rates in major Indian cities!

Petrol price was on Thursday cut by 89 paise a litre and diesel by 49 paise a litre, the first decrease in rates in two months.

Petrol price cut by 89 paise a litre, diesel cheaper by 49 paise

Petrol price cut by 89 paise a litre, diesel cheaper by 49 paise

Petrol prices have been cut by 89 paise per litre, while diesel prices slashed by 49 paise per litre 

Latest prices of diesel in major Indian cities

Latest prices of diesel in major Indian cities

Latest prices of diesel in major Indian cities

Demand of Gasoline Increased in USA

Demand of Gasoline Increased in USA

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Nepal urges China to open more passes, entry points

After fuel supplies to Nepal from India dwindled heavily for last one month, Kathmandu initiated process to import fuel from China.

DNA: Nepal turns to China for fuel after India restricts supply

Fuel-starved Nepal has signed an agreement with China to provide gasoline, diesel and cooking gas after India restricted its supplies as a result of ongoing political protests in the Himalayan nation.

4 killed while trying to recover gasoline after Mexico crash

An attempt to take gasoline from a crashed tanker truck led to four deaths and 26 injuries when the vehicle exploded, Mexican officials have said.

Coal-powered electric cars worse for public health than gasoline counterparts

Coal-powered electric cars worse for public health than gasoline counterparts

A new study has found that driving vehicles that use electricity made from clean, renewable energy instead of gasoline can actually push down death rates due to air pollution by as much as 70 percent.

Now, biofuel from oranges

 Scientists from Japan's Mie University have developed biofuel from inedible oranges and have received promising results due to its efficiency and less corrosive nature, media reported.

US oil prices jump on stockpiles data

US oil prices jumped Thursday on fresh US stockpiles data while in London crude prices were only slightly higher.

Marathon Petroleum to buy Hess unit for $2.6 bn

Marathon Petroleum will acquire Hess`s gasoline and convenience store business for USD 2.6 billion in a deal creating one of the biggest US players in the sector, the companies said Thursday.

Study lists dangerous chemicals linked to breast cancer

Certain chemicals that are common in everyday life have been shown to cause breast cancer in lab rats and are likely to do the same in women, US researchers said today.

Biofuels from corn less beneficial than reported: Study

Biofuels from corn residue may be less beneficial than previously thought as a study has found using corn crop residue to make ethanol and other biofuels reduces soil carbon and can generate more greenhouse gases than gasoline.

HPCL to export gasoline due to maintenance

India`s Hindustan Petroleum Corp Ltd (HPCL) has offered gasoline for export in a rare move as it will shut gasoline production facilities at its Vizag refinery for about a month starting April, a company official said on Monday.

US predicts vast majority of cars to still use gasoline by 2040

Electric cars might be the next big thing on roads, but the US Department of Energy has predicted that vast majority of cars would continue to use gasoline by the year 2040.

Scientists produce gasoline from bacteria

In a first, Korean scientists have successfully developed genetically modified microbes that can produce gasoline, used as fuel for transportation.

US petroleum demand down

The overall petroleum demand in the US edged down in June, said a leading industry group in a report.