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  • World's Most-Crucial Fuel Heads for Shortage Touching Everything Nov 22, 2022 03:46 PM IST

    World's Most-Crucial Fuel Heads for Shortage Touching Everything

    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 Jul 26, 2022 04:24 PM IST

    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 Jul 26, 2022 11:17 AM IST

    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 Jun 28, 2022 03:54 PM IST

    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 Jun 27, 2022 06:59 PM IST

    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 Jun 26, 2022 10:36 AM IST

    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 Jun 10, 2022 06:04 PM IST

    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 .

  • Why did China's economy stumble ? Oct 22, 2021 02:52 PM IST

    Why did China's economy stumble ?

  • As Gas Stations Run Dry, Britons Cope With Disruptions to Daily Life Sep 28, 2021 06:03 PM IST

    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' Dec 28, 2012 04:31 PM IST

    '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 Nov 07, 2012 03:32 PM IST

    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 Mar 12, 2012 03:48 PM IST

    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 Jan 16, 2012 01:29 PM IST

    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 Aug 25, 2011 08:29 AM IST

    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.