E-PaperPetrol Pumps News
New petrol pumps to be at least 50 metres away from schools, hospitals, houses
The oil companies have been directed to also install vapour recovery systems (VRS) at new fuel stations by Central Pollution Control BoardAll multi-product dispensers at the petrol pumps shall have emergency stop button, said the authorities
2 min read16 Jan 2020Opinion | To prime new pumps
Demand for motor fuels has been rising at a fast clip, and though electric vehicles are touted as the future, classic old petrol pumps will be around so long as fossil-fuel vehicles are still road-worthy
1 min read7 Aug 2019Adding over 78,000 petrol pumps is uneconomical, says Crisil
Crisil report says there is only room for less than half, i e about 30,000 fuel pumps, if the pumps are to maintain current throughput levelsOver 80% of the petrol pumps are attached with convenience stores to keep the pump economics favourable amid slowing fuel demand
4 min read20 Jun 2019Payments using FASTags at petrol pumps, parking lots soon
Nitin Gadkari has launched new FASTags that can now be linked to bank accounts. These will be available at select 50 petrol pumps initially
1 min read7 Jan 2019Petrol, diesel prices to rise in Bangalore as Karnataka hikes fuel taxes
This is the third change in petrol and diesel tax rates in Karnataka since H.D.Kumaraswamy took over as chief minister in May 2017
1 min read5 Jan 2019Nayara Energy takes RBI, ED to court over Fema
Nayara Energy, formerly Essar Oil that was acquired by Russia's Rosneft, is seeking stay on an RBI order imposing penalty for Fema violations
2 min read4 Jan 2019Indian Oil, BPCL, HPCL stop taking margin hit on petrol, diesel sales
This means that Indian Oil, BPCL and HPCL will not be passing on all the benefits of the drop in crude oil prices to consumers at the petrol pump
2 min read3 Jan 2019Indian Oil, HP and BP’s plan to open 80,000 petrol pumps hits land hurdle
Indian Oil, HPCL and BPCL may end up opening only 15-20% of the 79,770 petrol pump sites advertised in November
3 min read24 Dec 2018Oil PSUs to allot 65,000 petrol pumps ahead of general elections
Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) today issued advertisements for setting up 55,649 petrol pumps across the country
2 min read25 Nov 2018Reliance, BP to jointly set up 2,000 petrol pumps in India
While Reliance already independently runs 1,343 petrol pumps in India, BP received a licence to set up 3,500 fuel retail outlets in India in October 2016
3 min read23 Oct 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared