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India's oil import bill to fall 21.7% to $88 bn

India's crude oil import bill is likely to fall by 21.7 per cent this fiscal to $88 billion on falling international oil prices, according to latest Petroleum Ministry estimates. India, which is 80......

Why India's hunger for petro products at 2-year high? 10 reasons

The growth, however, may not indicate a major revival of economic activity as it has been driven largely by the anticipated rise in crude oil prices in coming months India’s consumption of......

Euro-IV petrol, diesel in 50 more cities by March 2015

The government will extend supply of Euro-IV grade petrol and diesel to 50 more cities by March next year in an attempt to cut vehicular pollution in major towns.    Presently,......

LPG to cost Rs 3.50 more per cylinder

Domestic cooking gas (LPG) rates may soon go up by almost Rs 3.50 per cylinder in case the government accepts a recommendation for increasing the commission paid to dealers by over 9 per cent. The......

BPCL offers surplus kerosene as India turns to LPG

Bharat Petroleum Corp (BPCL) has offered a kerosene cargo, turning seller for the first time, to export surplus capacity as domestic demand wanes, industry sources said on Tuesday.The state-owned......
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Global crude oil price of Indian Basket was US$ 60.70 per bbl on 26.06.2015

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=122857
Loan costs fall for fuel marketers, leaving funds for expansion

A file photo of a BPCL refinery. With crude prices falling nearly 48% in the last fiscal and the government allowing OMCs to set diesel prices from... ...

http://www.livemint.com/Companies/bEU6uJJzGME6MB9yDwoDcL/Loan-costs-fall-for-fuel-marketers-leaving-funds-for-expans.html
Discoms oppose DERC's order on power purchase costs

NEW DELHI: The Delhi Electricity Regulatory Commission and the power distribution utilities are heading for a face-off over power purchase costs.... ...

http://economictimes.feedsportal.com/c/33041/f/534022/s/478e74b9/sc/28/l/0Leconomictimes0Bindiatimes0N0Cindustry0Cenergy0Cpower0Cdiscoms0Eoppose0Edelhi0Eelectricity0Eregulatory0Ecommissions0Eorder0Eon0Epurchase0Ecosts0Carticleshow0C478114550Bcms/story01.htm
Cheap oil spells 21.7% savings for India

Fall in global crude oil prices is likely to have positive impact on country’s import bill with a latest petroleum ministry estimate suggesting... ...

http://www.mydigitalfc.com/news/cheap-oil-spells-217-savings-india-639
India's oil import bill to fall 21.7% to $88 bn in FY16

For the current fiscal, the ministry's Petroleum Planning and Analysis Cell (PPAC) has estimated USD 88.203 billion spending on import of 188.23... ...

http://www.moneycontrol.com/news/economy/indias-oil-import-bill-to-fall-217-to-3688-bnfy16_1631401.html

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