New Delhi, Dec 28:A day after Rajasthan Chief Minister Bhajan Lal Sharma’s announcement of subsidised domestic LPG cylinders, veteran leader Jairam Ramesh claimed the credit for the BJP’s adoption of the Congress’ manifesto promise. Chief Minister Sharma had declared that the state government would provide LPG cylinders at a subsidised rate of Rs 450 starting […]
Category: Oil & Gas
Govt likely to cut petrol, diesel prices ahead of LS polls
New Delhi, Dec 29: The government is likely to reduce the petrol and diesel prices ahead of the Lok Sabha polls as crude oil prices have also come down in the international market which will enable the oil marketing companies to bear the burden. As per sources, the Ministry for Petroleum and Natural Gas has […]
Under Ujjwala scheme, cylinders to be sold at Rs 600, says PM Modi
Jodhpur, Oct 5: Prime Minister Narendra Modi said on Thursday that under the Ujjwala scheme, the beneficiaries will now pay Rs 600 for a 14.2 kg cylinder. “This will benefit women across the country besides 70 lakh families of Rajasthan,” he said while addressing a mammoth gathering here. “If BJP comes to power, it will […]
Rupee faces risk from rising oil prices
Mumbai, Sep 19: With rising crude oil prices in the international market pushing up the demand for dollars, the Indian rupee has slumped to a record low of 83.2675 vis-à-vis the U.S. dollar. Going ahead much will depend on oil prices in global markets which are now hovering around the $95 per barrel mark. Although […]
Oil hits $95 per barrel amid supply worries
London, Sep 19: Oil price is continuing its march towards $100 a barrel for the first time in almost a year, creating new inflationary headaches for central bankers, a media report said. Brent crude, the international benchmark, pushed over $95 per barrel on Tuesday, the highest since November 2022, The Guardian reported. Oil is being […]
Mysterious explosion at petrol pump in Narwal, Jammu
Jammu, May 02: A mysterious explosion took place at a petrol pump in Narwal area of Jammu. However, no loss of life has been reported. The employees of the oil station claimed that the explosion took place due to a short circuit. The tiles in the fuel tank area were uprooted due to the impact […]
3 labourers, student injured in LPG cylinder blast in Poonch
Poonch Mandi: A ninth-class student and three outside laborers got injured in a Liquified Petroleum Gas (LPG) cylinder blast after a fire erupted in a residential house in Qazi Mora of Poonch on Monday morning. Officials said that in the morning hours on Monday, fire erupted from the house of Qamar Din at Qazi Mora […]
Two Bihar residents among four injured in gas cylinder blast in Poonch
Poonch, May 01: At least four persons sustained critical injuries in a gas cylinder blast after a fire erupted in a residential house in Qazi Mora in Poonch district this morning, officials said. Quoting officials, GNS reported that information was received this morning about the fire incident in a house belonging to one Qamar Din […]
‘India will achieve target of 20% biofuel mixing next year’
New Delhi, Apr 17: Minister of Petroleum and Natural Gas Hardeep Singh Puri on Monday said in the area of biofuel, “we had a target of 20 per cent (petrol mixed with ethanol) biofuel mixing by 2030 but PM Modi has changed the target to 2025 and we will achieve it within the next year”. […]
Advance winter stocking of POL products for Ladakh starts
Jammu: To cater to the fuel requirement of the Ladakh region including the armed forces and civilians for the harsh winter season, the Indian Oil Corporation Limited (IOCL) officially started Advance Winter Stocking (AWS). In a simple program at the IOCL depot in Jammu, Sardar Ajit Singh, the Chairman of All J&K Transport Welfare Association, […]
Adani-Total, IOC buy gas from Reliance
Indian Oil Corporation (IOC), Adani-Total Gas Ltd and Shell were among the 29 companies that bid and bought natural gas to be produced from the deepest field in the KG-D6 block of Reliance Industries and BP, sources said. IOC walked away with almost half of the 6 million standard cubic meters per day (mscmd) of […]
Laigaroo decries LPG price hike
Srinagar, Mar 5: PDP leader and constituency incharge Habba Kadal, Arif Laigaroo has expressed shock over the sudden spike in cooking gas prices. Laigaroo said the hike in LPG prices is in addition to skyrocketing prices of daily-use commodities including fuels, fruits, milk, meat and vegetables “With this hike, more people will drop out from […]