Fuel Shortage

In the US alone, the surging diesel cost will mean a $100 billion hit to the economy, according to Mark Finley, an energy fellow at Rice University's Baker Institute of Public Policy.

Sri Lanka to restrict fuel imports for one year amid the worst economic crisis: Minister

Sri Lanka, a country of 22 million people, is under the grip of an unprecedented economic turmoil, leaving millions struggling to buy food, medicine, fuel and other essentials.

Crisis-hit Sri Lanka woos foreign oil firms amid fuel shortages

”An advertisement was published today calling for expression of interest (EOI) for oil companies to import, distribute and sell petroleum products in Sri Lanka,” Kanchana Wijesekera, the power and energy minister, on Twitter.

Sri Lanka to liberalise fuel import and marketing: Energy Minister

Sri Lanka’s unprecedented economic crisis caused by forex shortages has led to a severe crisis in the energy sector. Fuel shortages have seen long queues at retailers and with the end of the credit line worth USD 700 million granted by India, the pumps have run dry.

Crisis-hit Sri Lanka just days from running out of fuel

Sri Lanka is suffering its worst economic crisis in seven decades, with foreign exchange reserves at a record low and the island of 22 million struggling to pay for essential imports of food, medicine and, most critically, fuel.

Bankrupt Sri Lanka runs out of fuel

Sri Lanka’s Energy Minister Kanchana Wijesekera said oil cargoes that were due last week did not turn up while those scheduled to arrive next week will also not reach Sri Lanka due to "banking" reasons

Sri Lanka risks full-blown humanitarian emergency, UN agency says

The United Nations' humanitarian office (OCHA) warned on Friday that Sri Lanka is on the verge of a full-fledged humanitarian disaster .

As Gas Stations Run Dry, Britons Cope With Disruptions to Daily Life

Analysts said the real cause of the chaos is a chronic shortage of truck drivers to deliver fuel to gas stations, and the government late Monday said it was putting a limited number of military tanker drivers on standby to be deployed if necessary.

'Diversion of e-auction coal to power cos to hit others'

Amid the power sector facing fuel shortage, the Coal Ministry has opined that diversion of a portion of e-auction coal to power producers will affect the fuel supply to other sectors, including steel and cement.

NTPC raises concern over fuel scarcity, ecological hurdles

Country's largest power producer NTPC today expressed concerns over fuel shortages, environmental hurdles and other issues plaguing the sector which are also restricting the company's growth targets.

Union Budget 2012: What infra companies are looking forward to

After the beating infrastructure companies got in 2011, hopes are that the FM will help alleviate stress and give a thrust to the space this Budget.

Opt for power plays insulated from macro issues, says IIFL

Harshavardhan Dole of IIFL tells CNBC-TV18 the best bet in the power space is large cap names that are relatively insulated from macro issues.

Houseviews: Value calls on energy, IT and auto

Brokerages tell you what to do with stocks of companies dealing in energy and also with auto and IT sectors that are now starting to look cheap.