Petrol Pumps

Long queues of automobiles and motorcycles were witnessed at filling stations in capital city of Islamabad and the Khyber Pakhtunkhwa province due to reduced supplies by oil marketing companies

India has about 84,600 fuel retail outlets, of which 8,900 offer alternative fuels such as CNG, auto LPG or EV charging facilities

The LG, who is also the chairperson of DDA, tweeted about the decision taken during the meeting, which was attended by the urban body's vice-chairman and other members.

According to petroleum dealers, BPCL and HPCL have restricted the fuel supply and are providing only 33 per cent oil of the total demand which is triggering the fuel crisis.

IOC may sell some of its over 32,300 petrol pumps to a joint venture with Malaysia's Petronas with a view to monetising vast fuel marketing network, its Director (Finance)

Fuel prices were raised yet again

Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

Oil marketing companies kept fuel prices unchanged for the eighth consecutive day across the four metros on Sunday

Company aims to have 7,400 petrol pumps by 2024-end

The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility

All petrol pumps in West Bengal will remain operational on the three days when the state government has till now decided to impose complete lockdown to stem the spread of the coronavirus

In April, petrol sales declined 61% from a year earlier and diesel sales dropped 57% from a year earlier

Worried about the safety of their staffers, more than 58,000 fuel retail outlets across India have decided to decline refills for those customers who are not ready to wear masks

Petrol currently costs Rs 73.36 per litre in Delhi and diesel is priced at Rs 66.36 a litre

Addressing a conference on 'Future Fuels for Transportation' by FICCI, the minister said plans were afoot to set up 2,000 petrol pumps, including LNG

The venture is expected to be formed during the first half of 2020; it aims to expand RIL's retail fuel network to 5,500 in 5 years

The cabinet also took a decision to levy licence fee of Rs 3 lakh for setting up new petrol pumps

Transparent pricing regime should be the next step

The government expects more private players, including foreign players, to invest in retail fuel marketing

CRISIL pegged the current throughput of these outlets at 160 kilo litres a month (KLPM), which is less than half of what it is for a developed country like the US