The Food Civil Supplies and Consumer Affairs department seized 35 commercial cylinders which had been transported illegally to the state from Punjab. Food Controller Narinder Dhiman said they had received several complaints about gas agencies from neighbouring states selling commercial cylinders in the state. The cylinders were headed for Rajpura in Punjab from the Lalru-based […]
Category: Oil & Gas
Marginal cut in ATF price, commercial LPG rate reduced by Rs 30.5
Jet fuel or ATF price on Monday was cut by a marginal 0.5 per cent while rates of commercial LPG used by establishments such as hotels and restaurants were slashed by Rs 31 per cylinder in line with international prices. Aviation turbine fuel (ATF) price was cut by Rs 502.91 per kilolitre or 0.49 per […]
LNG imports to drop to 45% by FY26
Mumbai: With increasing local production, the import dependency of natural gas in general and LNG in particular, is likely to come down to 45 per cent by FY26, says a report. A Care Ratings analysis said the dependency on imported LNG has gradually declined over the past three years. PTI Unilever to cut 7,500 jobs […]
Due to farmer protests, 50 per cent less diesel, 20 per cent less gas dispatched to Punjab
There was a sharp drop in the quantum of diesel and gas transported to Punjab on a daily basis with government sources saying diesel dispatched was 50% less than on normal days and gas dispatched was 20% less. “This leaves Punjab with 50% diesel and 80% gas availability. The drop in the volumes dispatched on […]
Minister: Diesel vehicles entering city despite ban
Delhi Labour Minister Raaj Kumar Anand has flagged the continuous entry of diesel vehicles into the national capital despite a ban on their entry under GRAP Stage-IV guidelines during an inspection of the Singhu border. Restrictions under GRAP Stage IV, including a ban on all construction work and the entry of polluting trucks into the […]
UK targets Russian gold, oil sectors in new sanctions
Britain on Wednesday imposed sanctions on 29 individuals and entities in Russia’s gold and oil sectors, as it targets the Kremlin’s finances supporting the war in Ukraine. Those sanctioned include a United Arab Emirates-based network, which Britain said was responsible for channelling more than $300 million in gold revenues to Russia. Britain also sanctioned two […]
BS-III petrol, BS-IV diesel vehicles banned in Gurugram, Faridabad
As the air quality in Gurugram and Faridabad deteriorated, the Haryana transport commissioner has banned the plying of BS-III petrol and BS-IV diesel category of vehicles, an official said on Tuesday. Gurugram DC Nishant Kumar Yadav said the Transport Commissioner, Haryana has banned the use of four-wheeler light motor vehicles of Bharat Stage-III (petrol) and […]
M-cap of nine of top-10 most valued firms surges Rs 97,463 crore; Reliance leads
The combined market valuation of nine of the top-10 most valued firms surged Rs 97,463.46 crore last week, with Reliance Industries emerging as the biggest gainer, amid an overall positive trend in equities. Last week, the BSE benchmark jumped 580.98 points or 0.91 per cent. Barring Bajaj Finance, the rest nine firms, including Reliance Industries, […]
India begins producing ‘reference’ fuel, joins select league of nations
India on Thursday began producing ‘reference’ petrol and diesel, joining a select league of nations that produce the highly specialised fuel which is used for testing automobiles. Launching the fuel, Oil Minister Hardeep Singh Puri said the start of production of ‘reference’ fuel is another step towards Aatmanirbhar Bharat (self-reliant India) as it will end […]
Biogas plant to come up at Ram Tirath gaushala
The government will install biogas plant under the Gobardhan project at the gaushala on the Ram Tirath road here. The biogas plant will be installed under the Gobardhan project of Swachh Bharat Mission Phase-2. The gaushala is being run by the Baba Bhodhi Wala Gaushala Sewa Samiti. The project will cost about Rs 48 lakh. […]
Tata Motors developing new petrol engine to power premium SUV range
Tata Motors is developing a new petrol powertrain which would be utilised in its premium sports utility vehicles—Harrier and Safari, according to a top company official. The models currently come with a 2-litre diesel engine. In an interaction with PTI, Tata Motors Passenger Vehicles Managing Director Shailesh Chandra said the engine is being developed and […]
War fears push up gold, crude prices; stocks climb down
The gathering storm clouds in West Asia have exerted a bearish pressure on stock markets worldwide, while the US is engaged in talks to stave off a rise in crude oil prices which could touch $100 per barrel due to western sanctions on Russia and the decision of OPEC Plus to cut oil production. In […]