NEW DELHI: State-run gas utility GAIL on Tuesday posted a 33% increase in its net profit at Rs 1,681 crore in the December quarter, up from Rs 1,262 crore in the previous corrresponding period, on the back of higher natural gas transmssion and sales volumes.
Category: Oil & Gas
Tamil Nadu: Six including toddler injured in LPG cylinder blast
VILLUPURAM: Six people including a two-and-a-half year old boy were injured following an LPG cylinder explosion at Sithalapakkam near Brahmadesam on Friday.
LPG, petrol & diesel prices drop in Mumbai
The price of an LPG cylinder dropped by Rs 30, while petrol and diesel prices fell by 15 and 10 paise respectively on Budget Day, bringing relief to consumers. in Mumbai. The price of LPG dropped from Rs 660 to Rs 630 for a 14.2kg non-subsidised domestic cylinder.
Crude import to fuel 12% increase in subsidy bill
The government has factored in over Rs 2.96 lakh crore expenditure on account of subsidies in 2019-20, which is 12% higher than the revised estimate for the current fiscal. This increase is estimated in the Budget primarily because of 50% increase in the government outgo on petroleum subsidies, from Rs 24,833 crore in the current […]
NGT rap on oil companies for not paying fine
NEW DELHI: The National Green Tribunal (NGT) on Tuesday rapped public sector oil companies for not depositing a fine of Rs 1 crore with the CPCB for failing to install anti-pollution vapour recovery systems at fuel stations. NGT has also warned its directors that they may also be sent to jail for non-compliance of the […]