Union Minister Hardeep Singh Puri on Monday said achieving the net zero emissions target by 2070 is “little too long-term”, indicating that the country may achieve the milestone ahead of the deadline. Under the net zero target, India will completely switch to renewables by 2070. Addressing the 26th Energy Technology Meet, Puri said: “Our net […]
Category: Oil & Gas
Cylinder explosions trigger fire in Gaurikund near Kedarnath
A massive fire broke out due to gas cylinder explosions in the canteen of the temple committee on Rudraprayag- Kedarnath road near a temple in Gaurikund late on Tuesday night. No loss of life was reported in the incident, said the officials. They said that people told police that the fire first broke out in […]
JSW Infra shares jump over 20 pc in debut trade
Shares of JSW Infrastructure, a part of JSW Group, on Tuesday listed with a premium of over 20 per cent against the issue price of Rs 119. The stock made its debut at Rs 143, registering a jump of 20.16 per cent from the issue price on the BSE. Later, it rallied 30.16 per cent […]
Pakistan seeks discounts in oil imports from Russia: Report
Cash-strapped Pakistan is seeking discounts in oil imports from Russia and has urged Moscow to strike a long-term oil deal while remaining within the price cap at USD 60 per barrel, a media report said on Friday. Pakistan, which is currently grappling with high external debt and a weak local currency, is hoping that snapping […]
Diesel sales fall 3 pc Sep, petrol up 5.4 pc
Diesel sales in India fell 3 per cent in September as a receding monsoon continued to dampen demand and slowed industrial activity in some parts of the country, preliminary data of state-owned firms showed. While diesel sales by three state-owned fuel retailers fell year-on-year, petrol sales rose in September. Consumption of diesel, the most consumed […]
Diesel generators allowed for emergency services
As a one-time exception, the Commission for Air Quality Management (CAQM) has now permitted DG Sets for all capacity ranges, to be run only for emergency services in the National Capital Region NCR, even under periods of restrictions under the GRAP only up to December 31. DG sets deployed for emergency services are also required […]
South Sudan’s leader discusses closer ties in energy, trade with Putin
Visiting South Sudan President Salva Kiir agreed in a meeting with Russia’s president to expand their relationship in energy, trade and other areas, notably oil. Kiir and President Vladimir Putin met in Moscow on Thursday and also discussed political and security matters in South Sudan, which is preparing for its first presidential election in December […]
Pakistan receives first shipment of LPG from Russia
Pakistan has received the first shipment of liquified petroleum gas from Russia, marking the cash-strapped nation’s second major Russian energy purchase. The shipment of 100,000 metric tonnes of LPG was delivered by Russia to Pakistan through Iran’s Sarakhs Special Economic Zone, the Russian embassy in Islamabad said on Tuesday. However, it did not provide details […]
Tax collections on petrol, diesel, cooking gas rise in 4 yrs
Despite the Covid-19 pandemic, the State Government’s collection of VAT on fuels and GST on cooking gas witnessed a decent growth during the past four financial years. The State has collected VAT of Rs 29,652.46 crore between 2019-20 and 2022-23. According to a written statement made by Finance Minister Bikram Keshari Arukha, the State had […]
Implementation of NFSA, LPG subsidy to be evaluated
Niti Aayog is looking to hire a technical consultant to evaluate the implementation of the National Food Security Act (NFSA) and LPG subsidy to ensure benefits are reaching eligible beneficiaries. The government think tank’s Development Monitoring and Evaluation Office (DMEO) has floated a tender to select a technical consultant for “Central Coordinating Agency for Evaluation […]
Think gas opens 100th CNG station in Bhopal
THINK Gas has inaugurated its 100th CNG Station in Bhopal along with its first LNG dispensing terminal in Madhya Pradesh. With the vision of a greener and less polluted environment, THINK Gas has developed an ecosystem to supply clean fuel to its customers. Currently operating 41 CNG stations in Bhopal, Rajgarh and Shivpuri, THINK Gas […]
LPG facility to eligible women at concessional rates
Chief Minister Shivraj Singh Chouhan has said that the work of providing cooking gas at cheap prices should be done with full dedication and hard work, so that this facility can be made available to as many eligible women as possible. Prompt transfer of funds to the beneficiaries is proposed. All necessary efforts should be […]