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Cash-starved Sri Lanka to end fuel duopoly to ease fuel shortages

June 28, 2022 2:29 pm

The government closed urban schools for about two weeks from Tuesday and allowed fuel supplies only to services deemed essential like health, trains and buses as fuel stocks would last only a week or so, based on regular demand.

Consumption improvement to fuel growth story for GAVL, says MD

May 16, 2022 3:37 pm

Balaram Singh Yadav, who was speaking to The Indian Express about the Q4 results of the company, said consumption is set to cross the pre-pandemic levels with offices reopening and weddings and other ceremonies becoming more and more common.

Europe is about to ban Russian oil: What’s next?

May 04, 2022 11:49 am

Analysts say it will be possible to sever Europe’s oil ties to Russia, but the effort will take time and may lead to shortages and higher prices for gasoline, diesel, jet fuel and other products — a situation that could penalize consumers already struggling with inflation and ultimately derail the economic recovery from the pandemic.

State govt got fair GST share from Centre; MVA has not slashed VAT on fuel: BJP

April 28, 2022 7:18 pm

Opposition leader Devendra Fadnavis said, “It has become a fashion to accuse the Centre without ascertaining the facts. Whereas if we look as the funds allocated under GST to Maharashtra, they have remarkably increased in the past three years.”

Sri Lanka could face shortage of fuel by third week of January: Energy Minister

January 07, 2022 8:59 pm

Gammanpila's grim warning comes close on the heels of the Ceylon Electricity Board issuing a statement, asking citizens to brace for power cuts in the days to come due to its inability to purchase fuel.

Iran: Cyberattack targets gas stations and alters billboards

October 26, 2021 9:22 pm

A widespread cyberattack has hit gas stations and billboards across Iran, halting some fuel sales. Billboards have been altered to anti-regime messages challenging Supreme Leader Ayatollah Ali Khamenei.

Petrol, diesel price hiked again; cost 30% more than aviation fuel

October 17, 2021 1:17 pm

With this rise, petrol is now at Rs 100-a-litre mark or more in all state capitals while diesel has touched the 100-mark in over a dozen states. Diesel crossed the Rs 100-a-litre mark in Bengaluru, Daman and Silvassa.

Bengaluru: Diesel prices touch Rs. 100 for the first time

October 16, 2021 6:40 pm

Both petrol and diesel prices are at all-time high after the rates were hiked by 35 paise for the second consecutive day.

UK readies soldiers to help ease gas shortages at pumps

September 28, 2021 7:36 am

Major fuel firms, including BP, Shell and Esso, said in a joint statement that they expected demand for gas to "return to its normal levels in the coming days."

Mizoram stares at fuel shortage amid border row, orders rationing

August 07, 2021 3:00 pm

The order issued by the Food, Civil Supplies and Consumer Affairs Department on Friday said that the state could face a huge crisis of fuel, which comes via neighbouring Assam, due to the inter-state border dispute.