World Fuel Services gets $104.5 million contract to provide aviation fuel

August 27th, 2009 Air BP gets $112.1M defense contractWASHINGTON — Air BP, a division of BP Products North America Inc., received a $112.1 million contract from the Defense Logistics Agency for fuel, the Pentagon said late Thursday. Shares of parent company BP Plc, the British oil major, fell 8 cents to $51.80 in after-hours trading, after adding 51 cents to close at $51.88.

August 6th, 2009 FAA orders safety changes to Boeing 767 fuel tanksWASHINGTON — Federal regulators on Wednesday ordered operators to make safety adjustments to the fuel tanks of more than 400 Boeing 767s registered in the U.S. in order to prevent a devastating midflight explosion.

May 5th, 2009 Washington state may fine airline for dumping fuelSEATTLE — Washington state's ecology department may fine Asiana Airlines over a plane that dumped fuel over Puget Sound before an emergency landing at Sea-Tac Airport. Department spokesman Curt Hart said Tuesday that some of the jet fuel dumped last week reached the water.

April 30th, 2009 NEW DELHI - State-run oil companies Thursday announced a cut in aviation fuel prices by Rs.311 per kilolitre (kl), after three consecutive hikes. The aviation turbine fuel (ATF) will now cost Rs.31,615 per kl in Delhi, effective from Thursday midnight, an Indian Oil Corp (IOC) official said.

April 20th, 2009 NEW DELHI - India's flagship carrier Air India Monday said it has no 'immediate' plan to raise fares even as other airlines Kingfisher and Jet Airways have hiked fares on account of rising fuel costs. Ruling out any immediate fare hike, an Air India spokesperson told IANS: 'We have been No.3 for quite sometime.

April 10th, 2009 MOSCOW - Russia's TVEL, a subsidiary of state-controlled nuclear power company Atomenergoprom, has delivered its first shipment of nuclear fuel for Indian heavy-water reactors, the company said Friday. 'Thirty metric tonnes of pellets were delivered to the nuclear fuel complex in Hyderabad (in India) for further conversion into fuel for the Rajasthan nuclear power plant,' the company said.

March 31st, 2009 NEW DELHI - After raising aviation turbine fuel (ATF) prices March 15 by about 1.69 percent, or Rs.162 per kilolitre (kl), state-run oil companies once again raised prices by an average of Rs 2,750 per kl. ATF will now cost around Rs.29,900 per kl, or about 10 percent more, industry source said.

March 16th, 2009 NEW DELHI - After a string of reductions, state-run oil companies Sunday raised aviation turbine fuel (ATF) prices by at least 1.69 percent, or Rs.162 per kilolitre (kl). Jet fuel will cost Rs.27,275 per kl in Delhi from Sunday midnight as against Rs.27,106.

March 1st, 2009 NEW DELHI - State-run oil companies Saturday slashed aviation turbine fuel (ATF) prices by seven percent, the 11th reduction since September last year. From March 1, jet fuel price will go down Rs.2,052 per kilolitre to Rs.27,106 in Delhi, while it will cost Rs.27,861 per kilolitre in Mumbai, an official of Indian Oil Corporation (IOC) said.

February 7th, 2009 MOSCOW - Russian nuclear fuel producer TVEL expects to sign a $780 million contract for fuel supplies to Indian nuclear power plants, a spokesman for Russia's state nuclear power corporation Rosatom has said. The contract, if signed, could make Russia the first country to supply nuclear fuel to India since the Nuclear Suppliers Group lifted a three-decade ban on nuclear fuel sales to the country on Sept 6, 2008.

January 30th, 2009 NEW DELHI - Three days after the government announced reduction in petrol, diesel and cooking gas prices, state-run oil companies Saturday slashed the price of aviation turbine fuel (ATF) by four percent. The ATF price in New Delhi will go down Rs.1,208 per kilolitre to Rs.30,288 from Saturday midnight, an Indian Oil Corp official said.

January 14th, 2009 NEW DELHI - After eight successive cuts in aviation turbine fuel (ATF) price since last September, state-run oil companies Thursday raised it by at least Rs.1,040 per kilolitre, a rise of 3.4 percent. The new price will come into effect from midnight Thursday.

January 8th, 2009 NEW DELHI - The Indian Air Force (IAF) has readied its squadron of IL-78 midair refuellers to supply aviation fuel in case the strike by employees of public sector oil firms cripples the aviation sector, an official said here Friday. 'The six IL-78 aircraft have been kept ready to deal with a crisis situation if the need arises,' a senior IAF official said.

January 5th, 2009 NEW DELHI - Airline operators Tuesday said they have a contingency plan with oil companies for uninterrupted supply of aviation fuel to tide over any crisis if oil sector employees go on strike. The Oil Sector Officers' Association (OSOA), an umbrella organisation representing 45,000 oil sector employees, has threatened strike from Wednesday demanding higher wages.

December 28th, 2008 NEW DELHI - A day after Kingfisher Airlines announced a fare cut, national carrier Air India Monday announced a similar fare reduction from Jan 1. 'In view of the slackening demand in post-peak season and continued decline in fuel prices, Air India will be adjusting domestic fares downwards on various sectors shortly,' an Air India spokesperson said here.