Page 2 - Fuel

41% still rely on biomass for cooking, emitting 340 mn tonnes CO2: Report

Forty-one percent of the Indian population still uses wood, cow dung or other biomass as cooking fuel and cumulatively emits around 340 million tonnes of carbon dioxide into the environment every year, which is about 13 per cent of India's greenhouse gas emissions, according to a new report. The report "India's Transition to E-cooking" by the independent think tank Centre for Science and Environment also said that the Pradhan Mantri Ujjwala Yojana led to a rapid expansion in access to liquified petroleum gas (LPG) in India, but it has "not guaranteed a sustained transition to clean cooking in households" that benefited from the scheme. Around a third of the world's population 2.4 billion people globally (including 500 million people in India) still lack access to clean cooking solutions. This causes untold damage to the economy, public health and the environment. Approximately three million people globally (including 0.6 million people in India) die prematurely every year because

Red Sea crisis pushes costs of fuel tanker above $100,000 per day

The cost to ship refined products from the Middle East to Japan added another 3% to $101,000 a day on Thursday, according to data from the Baltic Exchange in London

As govt opens more areas for oil and gas exploration, ONGC reports new find

State-owned company may get more acreage for exploration as government aims to increase domestic fuel production

Indo Petroleum Marketing to set up 100 fuel outlets; to start from Assam

Startup fuel retail firm Indo Petroleum Marketing (IPM) on Thursday said it will set up 100 fuel stations across the country within the next five years while starting its business from Assam. The Delhi-based company has already generated a net worth of Rs 250 crore to roll out its network to sell different types of fuel in the country. "IPM will set up retail outlets or petrol pumps across the country to undertake fuel sales to the public. In the first phase, we will set up 100 outlets within five years," IPM Founder Gyan Prakash Sharma told PTI here. He said that the firm is the first Petroleum and Natural Gas Ministry-authorized startup private Oil Marketing Company (OMC) to commence operations on the ground. "To begin our journey, we will start from Assam. We plan to set up five retail outlets in remote areas within the next two years. The first outlet will come up in Jorhat district", Sharma said. The company has already discussed its plans with the Assam government, which has

'Heavy fuel' leaked from power station in Manipur spills into streams

Heavy fuel leaked from a power station in Manipur's Imphal West district and spilled into streams flowing alongside it, officials said on Thursday. The incident happened on Wednesday night at the Leimakhong power station. Streams passing through villages such as Kanto Sabal and Sekmai were affected by the spill, they said. These streams meet the Imphal river -- the lifeline of the region -- downstream, they added. The Chief Minister's Office (CMO) directed the departments concerned to take "immediate necessary action to prevent an environment calamity, making use of all available resources in terms of machinery, manpower and expertise". Heavy machinery was deployed to divert the flow of the water in the affected streams towards fields, an official told PTI. "It is yet to be determined if miscreants were involved in this or if it was accidental," he said. Locals said the water of the streams is used by them for daily chores. "Not just aquatic life but also the communities that de

Fuel retailers hike ethanol procurement prices by Rs 6.87: Oil ministry

The new purchase price of 56.28 rupees per litre is aimed at boosting production of ethanol, which is used for blending with petrol

More than 40 people dead in Liberia after leaking fuel tanker explodes

A leaking fuel tanker exploded as people gathered to collect the gasoline, leaving more than 40 dead, authorities in Liberia said Thursday. The blast on Tuesday also injured at least 83 people in Totota town in the central part of the West African country, health officials said. Bong County health official Dr. Cynthia Blapook said many of the dead were buried in a mass grave on Wednesday because their remains were unrecognizable. Health authorities said an exact death toll was difficult because of how badly the bodies were burned. Liberian Vice President Jewel Howard-Taylor attended the mass funeral. We never expected to start the new year like this, Howard-Taylor said. Health officials said the number of injured could rise as they were not certain everyone had been brought for care. A doctor at one hospital treating the injured urged the Liberian government to deploy a disaster management team and to have one in each county to respond to emergencies. Dr. Minnie Sankawolo-Rocks

Pakistan slashes petrol price by PKR 14, high-speed diesel by PKR 13.5

It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD

HDFC Bank on hiring spree to fuel biz growth and tackle attrition head-on

Bank has hired over 56K since March 2022; focus on reining in attrition, women re-hiring

Hope diplomatic row with Qatar will not hurt LNG import deals: Petronet CEO

The government in New Delhi said last week it was "deeply shocked" by a decision by a Qatar court to impose the death penalty on eight Indians arrested in the country last year

Shrinking fuel supplies for Gaza's hospital put premature babies at risk

A premature baby squirms inside a glass incubator in the neonatal ward of al-Aqsa Hospital in the central Gaza Strip. He cries out as intravenous lines are connected to his tiny body. A ventilator helps him breathe as a catheter delivers medication and monitors flash his fragile vital signs. His life hinges on the constant flow of electricity, which is in danger of running out imminently unless the hospital can get more fuel for its generators. Once the generators stop, hospital director Iyad Abu Zahar fears that the babies in the ward, unable to breathe on their own, will perish. The responsibility on us is huge, he said. Doctors treating premature babies across Gaza are grappling with similar fears. At least 130 premature babies are at grave risk across six neonatal units, aid workers said. The dangerous fuel shortages are caused by the Israeli blockade of Gaza, which started along with airstrikes after Hamas militants attacked Israeli towns on October 7. At least 50,000 pregn

Govt cuts windfall tax on petroleum crude, will be effective from Oct 18

The government also cut windfall tax on aviation turbine fuel to 1 rupee per litre from 3.50 rupees per litre and reduced windfall tax on diesel to 4 rupees per litre from 5 rupees per litre

Govt shifts into high gear to expand subsidies to alternative fuel vehicles

According to a senior government official, there is a proposal to incorporate vehicles powered by alternative sources such as hydrogen and biofuels in the upcoming phase of FAME

GOBARdhan initiative: Govt launches registration portal for biogas plants

A unified registration portal for GOBARdhan has been introduced to streamline the registration of compressed bio-gas (CBG) and biogas plants in the country, the Ministry of Jal Shakti said on Monday. The Department of Drinking Water and Sanitation (DDWS), in a statement, said that more than 1,163 biogas plants and 426 CBG plants registered on the portal are eligible for assistance under the Market Development Assistance (MDA) scheme of the Department of Fertilizers. According to new guidelines, MDA of Rs 1500/MT will be granted for sale of Fermented Organic Manure (FOM), Liquid Fermented Organic Manure (LFOM), and Phosphate Rich Organic Manure (PROM) produced at biogas and CBG plants under the GOBARdhan initiative. The GOBARdhan initiative aims to get a boost as the new guideline will increase the uptake of organic fertilizer produced from the plants, the statement said "Registration of manufacturing plants on the unified GOBARdhan portal of the DDWS and adhering to Fertilizer Cont

GRSE signs pacts with global firms for hydrogen fuel cell ferry, engines

Defence shipbuilder Garden Reach Shipbuilders and Engineers (GRSE) on Wednesday said it has entered into non-binding MoUs with foreign companies for the development of a hydrogen fuel cell ferry and the sale and service of medium-speed engines, particularly for the Indian Navy and the Indian Coast Guard. GRSE, in its communication to the bourses, stated that it has signed two non-binding MoUs at the Defense and Security Equipment International (DSEI) Exhibition in London, which are of a confidential nature. The Kolkata-based shipbuilder has signed a MoU with Lloyd's Register for the development of a hydrogen fuel cell ferry and with Caterpillar Inc for a potential collaboration in the production, sale, and service of medium-speed engines, particularly for the Indian Navy and the Indian Coast Guard. This move is part of India's transformative efforts in the field of innovative and new green energy technologies, promoting sustainable and cost-effective alternate fuels. Union Minister

FOWE's patented water emulsion tech to clean dirty fuel for Indian refiners

It is considered a dirty fuel and has often been banned from use in the national capital and other cities around the world. But now a Monaco-based firm is offering Indian refiners a patented technology to emulsify fuel oil with water that helps cut down on emissions as well as gives better energy yield. FOWE Eco Solutions (FOWE) says a process known as cavitation using its Cavitech device allows for emulsification of fuel oil, also known as furnace oil, with fresh water on land or onboard a vessel. This process does not require any additives or further processing. The result is a considerable reduction in particulate matter, its chief operating officer Hemant Sondhi said. Emissions of NOx, the main greenhouse gas contributors, are significantly reduced and fuel efficiency is improved. "We have successfully tested our patented technology to emulsify fuel oil, which is also known as furnace oil, with 10 to 15 per cent water," he said. "The FOWE emulsified fuel gives better energy yiel

Yet another hike smashes fuel prices record in Pakistan, prompts furore

Amid double-digit inflation, Pakistan's caretaker government has effected yet another hike in the prices of petrol and diesel taking them to a historic high over Rs 330 per litre prompting immediate protests and a legal challenge too. As on Saturday, USD 1 was equivalent to 296.41 Pakistani Rupee. The Ministry of Finance on Friday night announced the price hike of petrol by Rs 26.02 and diesel by Rs 17.34 per litre. After the hike, petrol and high-speed diesel (HSD) are costing over Rs 330 at the filling stations, a psychological barrier that has been crossed for the first time in the country's history, the Dawn newspaper wrote. The fuel price hike comes on the heels of over 27.4 per cent increase in the rate of inflation in August, putting an unbearable burden on the masses, as petrol and HSD are used by all private and public service vehicles. The caretaker government on September 1 jacking up the petrol and diesel prices by over Rs 14. The rise is on top of Rs 32.41 and Rs 3

Searing temperature fast becoming a threat to global fuel security

In addition to causing spikes in electricity demand as people fire up air conditioners, the scorching temperatures have led to a spate of disruptions at oil refineries

Global Biofuel Alliance, UK-Middle-East economic corridor launched at G20

GBA becomes the third multilateral initiative launched by the Central government

G20: PM Modi launches Global Biofuel Alliance for ethanol infused fuel

India on Saturday announced the launch of the Global Biofuel Alliance and urged G20 nations to join the initiative with a plea to take ethanol blending with petrol globally to 20 per cent. Speaking at the G20 Summit session on 'One Earth', Prime Minister Narendra Modi also proposed to launch the 'G20 Satellite Mission for Environment and Climate Observation' and urged leaders to start working on 'Green Credit Initiative'. "Today, the need of the hour is that all countries should work together in the field of fuel blending. Our proposal is to take an initiative at a global-level to take ethanol blending in petrol up to 20 per cent," he said. "Or alternatively, we could work on developing another blending mix for the greater global good, one that ensures a stable energy supply while also contributing to climate security," Modi said at the session attended by US President Joe Biden, Saudi Arabia Crown Prince Mohammed bin Salman, UK Prime Minister Rishi Sunak among others.