Women activists from the Indian Youth Congress (IYC) staged a protest outside the Ministry of Petroleum and Natural Gases, Shastri Bhawan, in the Capital on Monday against the latest LPG price hike by the BJP-led central government.
Adani Gas Limited (AGL) is planning to invest more than ₹8,000 crore in the next five years to consolidate its position as India’s largest city gas distribution (CGD) company in the private sector after the Adani Group listed the gas distribution arm on the stock exchanges to unlock its value for shareholders.
Petrol price has been cut by over ₹4 per litre and diesel by ₹2.33 in the last 18 days on softer international rates, a pace faster than the spike in prices witnessed in the two-month period beginning mid-August.
Eight countries will be given exemptions and “weeks longer to wind down” their trade with Iran, once U.S. sanctions against Iran kick in on November 5.
With prices of LPG increasing — this month a domestic cylinder in Chennai costing ₹958.50 — distributors are encouraging Pradhan Mantri Ujjwala Yojana (PMUY) customers in the State to pick up 5kg cylinders since they cost less.
Traffic was disrupted for nearly three hours on the ITPL Main Road on a busy Monday morning following a breach in the GAIL gas pipeline during Namma Metro construction work.
Sri Lanka’s Petroleum Minister and former cricketer Arjuna Ranatunga was arrested on Monday for the violent incident amid the ongoing political crisis in the country that killed one person, police said.
Vedanta Ltd. has won a 10-year extension of its contract for the prolific Rajasthan oil block, but on the condition that it pays a higher share of profit to the government, the company said on Monday.
A day after reducing an additional tax of ₹2.5 on per litre of petrol, matching the reduction by the Centre, the State government on Friday night announced a cut of ₹1.56 per litre of diesel, making it cheaper in the State by ₹4.06 per litre.
Union Minister for Human Resource Development Prakash Javadekar on Friday said the reduction in fuel prices announced by the Centre came as a “huge relief” to consumers.