MUMBAI: After hefty electricity bills, residents are now complaining of ‘high cooking gas bills’. NGO Watchdog Foundation on Sunday alleged that a few residents of a prominent residential complex in Powai got ‘inflated’ piped natural gas (PNG) bills in December. “The bills are upto three times the normal bi-monthly consumption,” said Godfrey Pimenta, from the […]
Category: Oil & Gas
ONGC to explore 2 more blocks in Ashoknagar
Ashoknagar: PSU behemoth ONGC will explore two more blocks in North 24-Parganas, after successful exploration of commercially viable oil block in Ashoknagar in North 24-Parganas, 50 km from Kolkata. These new blocks were acquired under OALP while the oil-producing block was acquired under previous NELP VII. North 24-Parganas has a huge potential of both oil […]
Advantage BJP as ONGC puts Bengal on India’s oil map ahead of state polls
NEW DELHI: State-run explorer ONGC on Sunday put West Bengal on India’s oil map by starting commercial production from Ashoknagar field near Kolkata, a move that will add heft to PM Narendra Modi’s ‘Purvodaya (rising east)’ plank in the runup to the state assembly elections a few months away. Though the company did not provide […]
IOC lube plant to boost development in eastern region: Pradhan
NEW DELHI: A state-of-the-art lubricants plant built at Kolkata by the country’s largest oil refiner and fuel retailer IndianOil Corporation will be a game-changer for the development of eastern India, oil minister Dharmendra Pradhan said on Saturday. “The modern lube plant in Kolkata will be a game-changer… and accelerate the pace of development of eastern […]
RIL, BP start gas production from Asia’s deepest project
NEW DELHI: Reliance Industries and its partner BP plc of the UK on Friday announced the commencement of natural gas production from Asia’s deepest project, putting the second wave of discoveries in the KG-D6 block onstream. The production from ultra-deepwater R-Cluster, the first of the three deepsea projects Reliance-BP are developing in the eastern offshore […]
India plans $60 billion investment in gas infra, says Pradhan
NEW DELHI: Petroleum minister Dharmendra Pradhan on Thursday said the government has planned a $60-billion investment for creating gas infrastructure in the country till 2024, and share of gas in the energy mix is expected to rise to 15% by 2030. Currently, gas accounts for 6% in the country’s total energy mix. Speaking at Assocham […]
Central government to spend $60 billion to create gas infrastructure by 2024
UDUPI: Union minister of petroleum, natural gas and steel Dharmendra Pradhan has stated that the central government aims to create a gas infrastructure in India with an investment of $60 billion over the period of next four years which includes laying gas pipelines and LNG terminals. He made this statement at the Assocham Foundation Week […]
Chennai: Residents irked as hike in LPG prices burns hole in pockets
CHENNAI: Hike in LPG (liquefied petroleum gas) cylinder prices has created discontent among residents as they now have to shell out Rs 100 more for a cylinder than what they paid a fortnight ago. A 14.2kg domestic gas cylinder now costs Rs 710 in Chennai, which was Rs 610 before the beginning of this month. […]
Twice in 2 weeks: LPG price hikes singe kitchens
KOLKATA: For the second time in two weeks, the price of LPG cylinders was hiked by Rs 50, singeing the middle-class. Households are wary of further hikes in coming days. Those who do not avail of LPG subsidies have spoken out against the jump in the backdrop of a rise in food prices. The new […]
LPG price hike: Mahila Cong stages dharna
Hyderabad: Mahila Congress leaders on Wednesday staged a dharna against the increased price of domestic LPG gas. They demanded that central government immediately roll back prices as increase of price by Rs 100 in the last one month has become a burden on the women to manage monthly finances at home. Mahila Congress leaders Indira […]
LPG price up by Rs 50; aviation turbine fuel rises by 6.3%
NEW DELHI: Cooking gas LPG price on Wednesday was increased by Rs 50 per cylinder, the second hike in rate this month following firming of international prices. Also, aviation turbine fuel (ATF) price was raised by a steep 6.3 per cent. Non-subsidised LPG price was increased to Rs 694 per 14.2-kg cylinder from Rs 644 […]
Petrol sales up 10% from ’19, diesel lags
NEW DELHI: India’s petrol consumption spiked 9.5% in the first fortnight of December from a year ago but diesel demand still ran 5% short of the pre-pandemic days, indicating the economy is yet to come out of the woods. Data shows diesel sales of public sector retailers, who command about 90% of the market, rose […]