The Jharkhand government scheme aiming to provide consumers with a subsidy of ₹25 per litre on petrol, up to 19 litres per month through direct benefit transfer (DBT) in the state, has failed to attract its beneficiaries as not even 10 per cent of the eligible people have availed the scheme until October this year, […]
Category: Oil & Gas
Gas explosion at building in north of New York City injures 10
A gas explosion collapsed part of a brick multifamily building north of New York City, trapping victims in the rubble and injuring 10 people, according to officials. There were no fatalities in the Thursday afternoon explosion and fire, which sent thick smoke billowing in the air about 50 miles (80 kilometers) north of the city. […]
Chhattisgarh polls: BJP promises sops for married women, LPG cylinder at ₹500
Yearly financial assistance to married women and landless agriculture labourers, paddy procurement at Rs.3,100 per quintal and cooking gas cylinders at Rs.500 to poor families are some of the key highlights of the Bharatiya Janata Party’s (BJP) poll manifesto for Chhattisgarh. Releasing the election manifesto – ‘Modi’s Guarantee for Chhattisgarh 2023’ during a function at […]
Commercial LPG cylinder prices hiked by over ₹100 from today. Check latest rates
The Oil Marketing Companies (OMCs) on Wednesday hiked the prices of commercial LPG cylinders by ₹101.5 per cylinder in its monthly revision of prices across the country. The 19 kg cylinder would now cost ₹1,833 from ₹1731.5 in Delhi effective from November 1. Prices for the commercial cylinder in Mumbai, Kolkata, and Chennai have also […]
UP cabinet gives nod for 2 free LPG cylinders to beneficiaries, FDI incentives
LUCKNOW Uttar Pradesh cabinet on Tuesday gave a nod to proposals benefitting the common man and big industries while approving the policy for incentives to attract foreign direct investment (FDI), Fortune-500 companies and reimbursing benefits to Samsung India and LG India. It also decided to give two free LPG cylinders to PM Ujjwala Yojana beneficiaries. […]
Argentina fuel pump crisis deepens as government threatens export halt
BUENOS AIRES: Argentina’s fuel crisis deepened on Monday as filling stations around Buenos Aires ran out of petrol and long queues formed elsewhere, while the government said it could halt exports to preserve supplies and oil sector workers threatened a strike. The South American country, a major shale oil and gas producer, has suffered shortages […]
ONGC hopeful of entering into partnerships with global E&P firms for 25 oil and gas blocks during its roadshow
State-owned ONGC is hopeful of entering into partnerships with global E&P firms for 25 oil and gas blocks during its roadshow in Abu Dhabi next week. ONGC is organising the roadshow in Abu Dhabi on October 16 and 17. “The roadshow will offer valuable insights into business opportunities within India’s offshore oil and gas infrastructure […]
Centre raises Ujjwala scheme subsidy by ₹100 for 96 million households
The government on Wednesday raised cooking gas subsidy for 96 million poor households by ₹100 per cylinder to a total of ₹300, which effectively makes refills cheaper by ₹500 per cylinder when compared to late August, when the price of the fuel was cut by ₹200 a cylinder for all 330 million customers. Cooking gas […]
Pakistan to meet its fuel shortage? Clinches natural gas for immediate delivery
Pakistan purchased a liquefied natural gas shipment from the spot market for the first time in more than a year, a move that will ease a winter energy shortage. Pakistan LNG Ltd. procured a single cargo for December delivery from Vitol SA at roughly a 13% premium to current spot prices, according to traders with […]
Centre raises LPG subsidy for Ujjwala Yojana beneficiaries to ₹300/cylinder
The government has raised the subsidy amount for Pradhan Mantri Ujjwala Yojana beneficiaries from ₹200 to ₹300 per LPG cylinder, Union Minister Anurag Thakur announced during a briefing on Cabinet decisions on Wednesday. Ujjwala beneficiaries currently pay ₹703 per 14.2-kg cylinder as against the market price of ₹903. After the decision of the Union Cabinet, […]
COP28 chief: Oil and gas sector needs to align with net-zero emissions by 2050
New Delhi The global oil and gas industry needs to align with net-zero emissions by 2050, and ensure there are zero emissions of methane and routine flaring is eliminated by 2030, Sultan Al Jaber, president-designate of the United Nations climate summit (COP 28) to be held later this year, urged on Monday. Al Jaber, who […]
Guidelines issued for production, sale of biodiesel in U.P.
The Uttar Pradesh government has issued guidelines for the production and sale of biodiesel in the state, people aware of the development said. “According to the guidelines issued by additional chief secretary, energy and renewable energy, Mahesh Kumar Gupta, last month, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has been entrusted with […]