Petroleum products: GK, Current Affairs, Questions, Trivia and News

India’s first-ever test flight powered by biojet fuel successfully conducted

Budget passenger carrier SpiceJet has successfully conducted India’s first-ever test flight powered by biojet fuel between Dehradun and Delhi on August 27, 2018. The 43 minute flight was operated by the airline’s Bombardier Q-400 aircraft with total 25 on onboard, including crew. The flight was powered with a blend of 75% Air Turbine Fuel (ATF) ..

Political economy of petroleum prices in India – Sailaja Akkem

Pricing of Petroleum in India: The history of pricing of petroleum in India dates back to 1920’s. During the colonial period, the pricing of petroleum was free from Government intervention and was determined mainly by the market forces. After the Second World War, the Government started to regulate the pricing the petroleum products. As a ..

Govt gives in-principle nod to free diesel prices

Minister of State for Finance, Namo Narain Meena held that the government has taken an in-principle decision to link diesel prices with market rates. Yet, there is no proposal currently to completely deregulate cooking gas price. He also opined that the government continues to fix the price of diesel in order to protect the common ..