Category: Oil & Gas

Price of domestic cooking gas, LPG has doubled to Rs 819 per cylinder in the last seven years while the increase in taxes on petrol and diesel has swelled collections by over 459 per cent, Oil Minister Dharmendra Pradhan said on Monday. In written replies to a spate of questions on rising fuel prices in […]

Oil marketing companies (OMC) kept fuel prices unchanged for the eighth consecutive day across the four metros on Sunday. In the national capital, petrol was sold for Rs 91.17 per litre on Sunday.Similarly, in Mumbai, Chennai and Kolkata, the fuel was priced at Rs 97.57, Rs 93.11 and Rs 91.35 per litre, respectively, all unchanged […]

International oil prices rose after OPEC and its allies ignored India’s plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. Brent crude, the most widely used benchmark, on Friday rose nearly 1 per cent to USD 67.44 a barrel after the […]

Days after huge discrepancies were detected in the implementation of Pradhan Mantri Ujjala Yojana in Pulwama, the authorities Tuesday sealed 90 LPG outlets in this south Kashmir district and registered a case against three gas agencies. The district authorities ordered an enquiry last week following the complaints of fraud and discrepancies in the PM’s Ujwala […]

Petrol and diesel prices will not be cut as Finance Minister NirmalaSitharaman ignored calls for a reduction in excise duty rates to help bring down prices from historic high levels. Instead, her Budget for the 2021-22 fiscal tweaked excise duty structure to accommodate an agriculture infrastructure development cess, whose accruals would not be shared with […]

Union Finance Minister Nirmala Sitharaman Monday announced revival of a pending gas pipeline project in the newly created UT of J&K. The union finance minister made the announcement during her budget speech in the parliament today. The FM said a gas pipeline project will be taken up in the Union Territory of Jammu and Kashmir. […]

The union government on Monday announced the maiden gas pipeline project to be taken up in the union territory of Jammu and Kashmir. The mega project will be part of the union government’s plan to add 100 more districts of the country in next three years to the City Gas Distribution Network, Finance Minister, Nirmala […]

The government Thursday asked the Department of Food, Civil Supplies and Consumer Affairs (FCS&CA) to register a case against three erring LPG agencies for diversion of subsidy. The development comes after the District Magistrate Pulwama found huge discrepancies in the implementation of PradhanMantriUjjalaYojana in the district. “The preliminary scrutiny and verification into the alleged divergence […]

Petrol price on Tuesday breached the Rs 85 a litre mark in the national capital and diesel neared record high after rates were raised for the second consecutive day. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. This took the petrol price […]

Petrol price on Wednesday touched a new high of Rs 84.45 per litre in the national capital after state-owned fuel retailers hiked prices after a five-day hiatus. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. In Delhi, petrol now costs Rs 84.45 […]

Petrol price on Thursday scaled to an all-time high of Rs 84.20 per litre in the national capital after state-owned fuel retailers hiked rates for the second day in a row. Petrol price on Thursday was hiked by 23 paise per litre and diesel by 26 paise a litre, according to a price notification from […]

At least seven persons were injured in a suspected LPG cylinder explosion that took place in a compartment of Amar Singh Club in Jammu on Friday afternoon. Officials told the news agency—Kashmir News Observer (KNO) that an explosion took place on Friday in the kitchen complex of Amar Singh Club, located in Jammu city. The […]