In 2022-23, India’s LPG consumption was 28.5 million tons (MT) and production was 12.8 MT. At over 41.1 percent, LPG imports accounted for the largest share of petroleum product imports in 2022-23. Domestic LPG consumption accounted for over 89 percent of total consumption. The adoption of LPG by low-income households …
Rates of diesel, LPG and kerosene left untouched The UPA-II, celebrating three years in office, gave the “common man” a gift on Wednesday: the steepest- ever increase of Rs. 7.54 in petrol prices. The increase is the first in the past six months. Petrol price in Delhi was increased by …
Indian Oil Petronas Private Limited, a joint venture between Indian Oil Corporation Limited (IOCL) and Petronas Malaysia, is setting up an LPG (liquefied petroleum gas) import-export terminal at the Ennore Port. The new facility will have a tankage capacity of 30,600 tonnes and will attract an investment of around Rs …
Plans to use UID cards to reach out to beneficiaries, following successful pilot project in Alwar, Rajasthan The government said today that it planned to provide direct subsidy to beneficiaries of kerosene oil and a pilot project in this regard in Alwar district of Rajasthan was yielding good results. "Direct …
If you have multiple liquefied natural gas (LPG) connections or one along with a piped natural gas (PNG) connection, be ready to have your cylinder blocked if you do not surrender it. The three government oil marketers blocked as many as 3.8 million LPG connections by March 2012. Oil marketing …
BPCL, HPCL and Indane furnished a list of consumers with more than one cylinders If you are one of those LPG customers, ‘enjoying’ the facility of more than one gas connection, here is some serious trouble coming your way. The oil marketing companies (OMCs) - Hindustan Petroleum Corporation Limited (HPCL), …
The LPG import terminal project of IndianOil Petronas Pvt Ltd (IPPL) near Chennai that can help in speeding up cooking gas supplies to millions of households in the South, especially Tamil Nadu, is facing delay in its commissioning for want of a clearance from the Union Ministry of Environment. The …
Oil marketing companies have not revised petrol prices since December 1, 2011, despite sharp increase in international prices of petroleum products With losses on sale of petrol climbing to over Rs 7 a litre, state-owned oil firms have asked the government to either provide subsidy on the fuel or reduce …
June may turn out to be the luckiest month for government oil marketing companies for the third year in a row. Like the last two years, this June is also expected to see a round of price hikes in controlled fuel products. Price hikes of controlled petroleum products such as …
Rapid urban growth in developing countries has created an unprecedented demand for energy services. Cities face the enormous challenge of improving energy access to urban communities in order to improve education, health and basic socioeconomic conditions. These eight case studies demonstrate innovative, successful approaches to delivery of energy services to …
The government on Tuesday stated that it has agreed in principle to deregulate diesel prices. Minister of state for finance Namo Narain Meena, in a written reply to the Rajya Sabha, said on Tuesday that the government is, however, not considering a similar proposal for cooking gas. The minister said …
New Delhi Consumers could prepare for shortages in auto and cooking fuel supplies. Oil retailers IOC, HPCL and BPCL have informed the government that if their losses from selling fuel below cost are not adequately compensated, “it may adversely impact the supply-demand balance of petroleum products,” Minister of state for …
New Delhi The government today said it has agreed in-principle to the deregulation of diesel prices, but is not considering similar proposal for the cooking gas. "Government has, in principle, agreed to make the prices of diesel market determined," Minister of State for Finance Namo Narain Meena said in a …
‘Or cut excise duty and compensate our loss' Fed up with the Centre's “indecision” on allowing an increase in fuel prices in the face of rising international crude prices, the oil marketing companies (OMCs) on Tuesday virtually threatened to increase petrol prices by Rs. 8.04 a litre. They said the …
Estimates point to 4-year-high of 4.9% rise in petroleum product sale trend likely to continue, says PPAC The country’s diesel consumption rose a massive 11.9 per cent in 2011-12, leading to an expected 4.9 per cent growth in the sale of petroleum products in the just-ended financial year. That will …
Chandy to launch solar lighting project today The Department of Prisons is all set to go green with solar lighting systems to be installed in the Central Prison in the city. Chief Minister Oommen Chandy will inaugurate the pilot project at the Central Prison at 4.30 p.m. on Wednesday. “This …
New Delhi In what could give a reprieve to consumers who have been fearing another hike in petrol price, the government has decided to put the proposal in abeyance. According to official sources, oil marketing companies (OMCs) that have pitched for a petrol price hike will have to wait until …
New Delhi The Petroleum ministry has sought an additional R40,000 crore in cash subsidies for the current fiscal to compensate fuel retailers for losses incurred on diesel and cooking fuels, even as oil minister S Jaipal Reddy gave no indication of a fuel price revision soon. Oil secretary GC Chaturvedi …
The Maharashtra government is set to implement some harsh monetary steps from next month, as finance minister Ajit Pawar envisaged a raise in tax rates across sectors in the 2012-13 budget presented on Monday. The proposals are expected to mobilise an additional Rs 600 crore, and make the state revenue-surplus …
The ambient air quality is being monitored in 216 cities, towns and industrial areas all over the country including Delhi under the National Ambient Air Monitoring Programme (NAMP). The parameters which are monitored are Sulphur Dioxides (SO2), Nitrogen Dioxide (NO2) and Particulate Matter (PM10). The details on ambient air quality …
New Delhi The proposed diesel price decontrol may come sooner than expected with a special scheme to insulate farmers from its adverse impact through a cash subsidy. Initially, state governments will be responsible for delivery of the subsidy, the cost of which will be borne by the Centre. When the …
