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Bhopal (Madhya Pradesh): Urban consumers using 5kg LPG cylinders face hardship as they wait 25 days for a refill, with the lock-in period remaining the same as that for 14.5kg cylinders despite the smaller capacity. Consumers report that the lower-capacity cylinders deplete more quickly, making the wait for refills a challenge. The unchanged lock-in period has emerged as a major issue following the decision to distribute 5kg LPG cylinders in place of 14.5kg cylinders to new consumers. While th ...Read More >
Ranchi: Residents continued to queue up outside LPG distributors on Sunday in the hopes of securing a cylinder, even as the Ranchi district administration directed oil companies to ensure home delivery to consumers and prevent black-marketing of cylinders.Deputy commissioner Manjunath Bhajantri on Saturday convened a meeting with senior officials and representatives of oil and gas companies to ensure availability of LPG and directed to ensure that no customer has to visit godowns and depots of d ...Read More >
Bengaluru, Autorickshaws and cars running on Liquified Petroleum Gas queued up before the gas stations in certain parts of the state on Wednesday owing to shortage in supply. The government said the problem was only with the LPG stations of private oil companies and not the state-owned oil companies. "I am trying for LPG for my autorickshaw for the past four hours, but I am not getting it anywhere. All my stock is getting exhausted in search of gas," Abdul Kareem said at an RT Nagar-based LPG ...Read More >
Prices at petrol pumps for diesel car owners have been left unchanged. New Delhi: State-run oil marketing companies have raised the price of industrial diesel by Rs 28.22 per litre, an increase of more than 25 per cent, with the new rate set at Rs 137.81 per litre. The adjustment was made on Wednesday, by companies including the Indian Oil Corporation Ltd and Bharat Petroleum Corporation Ltd. According to internal communication seen by NDTV Profit, it applies to high-speed diesel, known as HS ...Read More >
India denies reports an Iranian crude shipment was diverted to China over payment issues, says refiners freely choose suppliers and face no payment hurdles for Iranian oil The Indian government on Saturday dismissed reports claiming that an Iranian crude shipment was diverted from Gujarat to China due to payment-related issues, calling such assertions "factually incorrect." In a statement posted on X, the Ministry of Petroleum and Natural Gas clarified that India sources crude oil from more th ...Read More >
Indore: In view of the ongoing nationwide LPG supply constraints triggered by global geopolitical tensions, the Indore district administration, on Saturday, temporarily suspended the supply of commercial LPG cylinders to ensure uninterrupted availability for domestic households. The decision aims to conserve existing stocks and channel them exclusively towards meeting the cooking needs of ordinary families. This move aligns with similar measures taken across several states to safeguard domesti ...Read More >
New Delhi, April 4: The government on Saturday dismissed reports and social media claims that an Iranian crude oil cargo was diverted from Vadinar in India to China due to payment issues, calling them "factually incorrect" and misleading. The Ministry of Petroleum and Natural Gas has clarified that recent reports suggesting India lost an Iranian oil shipment due to payment problems are not true. The government said India imports crude oil from more than 40 countries, and oil companies have full ...Read More >
New Delhi: The Centre on Saturday dismissed reports and social media posts claiming that an Iranian crude oil cargo was diverted from Gujarat's Vadinar to China due to "payment issues" as "factually incorrect" and misleading. In a post on X, the Ministry of Petroleum and Natural Gas said India imports crude oil from more than 40 countries, and oil companies have full flexibility to choose suppliers based on commercial needs. "The news reports and social media posts of an Iranian crude cargo bei ...Read More >
Kochi, Apr 3 (PTI) Oil industry officials said on Friday that there was no shortage of LPG, petrol or diesel in Kerala, with supplies continuing smoothly across the state. Priority was being given to essential sectors, and the public has been urged not to panic buy as deliveries remain uninterrupted, they said in a statement here. "The State Level Coordinator (SLC), Oil Industry - Kerala, on behalf of all Oil Marketing Companies (OMCs), assures the public that there is adequate availability of ...Read More >
Visakhapatnam: Following an incremental rise of petroleum products in cargo composition summing up to a 25 percent jump, the 92-year-old Visakhapatnam Port has laid out an action plan for a Rs.3,000 crore-project with a special emphasis on 'clean cargo'. Shifting from its reliance on traditional bulk cargo, Visakhapatnam Port focuses on diversifying its compositions towards much cleaner and more varied cargo. Although petroleum products are generally handled in the harbour through direct pipel ...Read More >
Bhubaneswar: The Liquefied Petroleum Gas (LPG) connections in Odisha Cities will be replaced with Piped Natural Gas (PNG) within one month, informed Food Supplies & Consumer Welfare Minister Krushna Chandra Patra today. Patra informed about the development after chairing an important meeting of the representatives of oil companies and the Secretary of the Department in the presence of Krushna Chandra Mahapatra, the Minister of Housing and Urban Development Department at Lok Seva Bhavan. While ...Read More >
Bhubaneswar: In a significant move to address the ongoing cooking gas challenges, Food Supplies and Consumer Welfare Minister Krushna Chandra Patra has announced that piped natural gas (PNG) connections will be made for all household consumers in big towns of Odisha. The minister stated that every household in the state's urban areas will be connected to PNG, replacing the use of LPG cylinders, which are reportedly 13% more expensive than PNG. This initiative aims to provide a more reliable, co ...Read More >
Bhubaneswar: With the West Asia conflict significantly affecting fuel supplies, the Odisha government has stepped up measures to expand piped natural gas (PNG) infrastructure as a reliable alternative to LPG. Sharing information about steps being taken to address the issue, Housing and Urban Development Minister Krushna Chandra Mahapatra said on Thursday that urban areas across the state are expected to be armed with PNG connectivity within a month. The Minister made the announcement after a h ...Read More >
Bengaluru: Private fuel retailers Nayara Energy and Shell have increased petrol and diesel prices across major Indian cities, including Bengaluru in Karnataka, triggering fresh concern among consumers already grappling with rising living costs. The hike comes at a time when global crude oil prices are surging due to escalating geopolitical tensions in West Asia, even as public sector oil companies, owned by the Karnataka government, continue to hold retail prices steady. In Bengaluru, petrol p ...Read More >
NEW DELHI, April 2 (Reuters) - India has abolished import tax on petrochemicals used for making plastics and pharmaceutical goods after the government invoked emergency powers and diverted local chemicals for production of cooking gas due to shortages caused by the Iran war. The import tax exemption, opens new tab on 40 products is valid till June 30, according to a government statement on Thursday. "The government's decision to grant customs duty exemption on select petrochemical products ap ...Read More >
NEW DELHI: Domestic air travellers may have been spared steep airfare hikes for now as oil companies didn't fully pass on the impact of higher crude prices, but international tickets for western destinations are likely to go up further after doubling since the start of the Iran war as airlines take longer routes.After a series of flip-flops through Wednesday, govt limited the hike in aviation turbine fuel (ATF) base price for domestic flights to 25%, while warning of "interventions" if fares ris ...Read More >
New Delhi: Prices of commercial liquefied petroleum gas (LPG) were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in ...Read More >
New Delhi: Oil marketing companies on Wednesday scaled back a move to sharply raise jet fuel rates, with the Centre permitting only a partial increase in rates despite the Iran war triggering a surge in global oil prices. The rare move of government intervention is expected to potentially help avert a spike in domestic airfares just ahead of elections in some states later this month and the peak summer travel season. "In order to insulate the domestic travel costs from the substantial increase ...Read More >
Bengaluru: A shortage of auto LPG continued to hit autorickshaw drivers in the city on Wednesday, with long queues at several stations, some stretching over a kilometre. The disruption is not limited to Bengaluru, with drivers across the state facing similar issues.Several outlets in the city imposed purchase limits, restricting autorickshaw refills to Rs 200, while cars were allowed up to Rs 500. The shortage sparked protests near RT Nagar on Devegowda Road, where drivers demonstrated demanding ...Read More >
A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March ...Read More >
New Delhi, Apr 1 (PTI) The country's largest airline IndiGo on Wednesday announced revised fuel charges ranging from Rs 275 to Rs 10,000, which will push airfares higher for many domestic and international flights amid the rise in jet fuel prices. The announcement from the country's largest airline comes on a day when the Aviation Turbine Fuel (ATF) prices were revised, and the government decided to only partially hike the price by 25 per cent for the domestic flights. From March 14 onwards, t ...Read More >
Niger Delta leaders under the auspices of the Niger Delta Watchdog (NDW) have advised the federal government to disregard the agitations in some quarters to decentralise the pipeline security contract handled by the Tantita Security Services Limited (TSSL), saying it will pose danger to peace, security and economic stability of the country. The leaders, in a communique they issued after their meeting in Port Harcourt, Rivers State, insisted that any attempt to alter the mode of the contract wou ...Read More >
Biswanath (Assam) [India], April 1 (ANI): Prime Minister Narendra Modi on Wednesday launched a huge attack aimed at the Congress, accusing the party of being "the root cause" of corruption in Independent India. Speaking at a public rally in Biswanath, the Prime Minister accused Congress of playing with Assam's identity, pride, and security, adding that it compromised with Assamese identity for the sake of power. Also Read | Oracle Layoffs: Employee Laid Off After 25 Years of Service Writes Emo ...Read More >
Biswanath (Assam) [India], April 1 (ANI): Prime Minister Narendra Modi on Wednesday launched a huge attack aimed at the Congress, accusing the party of being "the root cause" of corruption in Independent India. Speaking at a public rally in Biswanath, the Prime Minister accused Congress of playing with Assam's identity, pride, and security, adding that it compromised with Assamese identity for the sake of power. "The entire country knows that Congress is anti-development and has been the root ...Read More >
New Delhi, Apr 1 (PTI) ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil prices. Aviation turbine fuel (ATF) price was increased by 8.5 per to Rs 104,927.18 per kl for domestic airlines, according to state-owned oil firms. ATF price for domestic airlines in Delhi was hiked by R ...Read More >
India today (1 April) increased the prices of commercial LPG and jet fuel on the back of a surge in global oil prices linked to the West Asia conflict. The price of a 19-kg commercial LPG cylinder has been hiked by Rs 195.50, and it now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. This is the second time that rates of commercial LPG, which are used mostly by restaurants, roadside dhabas and small hotels, were hiked in a month. The last increase came on 1 March when it we ...Read More >
New Delhi: In a move to shield domestic air travel from a sharp global fuel shock, the government has capped the increase in Aviation Turbine Fuel (ATF) prices for domestic airlines at 25%, despite international benchmarks संकेत a potential surge of over 100%. The Ministry of Petroleum and Natural Gas said the decision comes amid an "extraordinary situation in global energy markets," triggered by the closure of the Strait of Hormuz. To prevent a steep rise in airfares, public sector oil market ...Read More >
Vijayawada: NTR district joint collector S Ilakkiya clarified that there is no shortage of LPG in the district and appealed to the public not to panic. She informed that a special officer has been appointed for each gas agency to ensure effective monitoring of supply and demand. She spoke at a media conference held at the collectorate here on Tuesday. She said the district currently has 8,63,778 LPG connections under three major oil companies. She said a total of 56 gas agencies are operating i ...Read More >
New Delhi, Apr 1 (PTI) Aviation stocks were in high demand in morning trade on Wednesday, with InterGlobe Aviation climbing over 9 per cent, despite jet fuel price hike. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note further jumped 9.41 per cent to Rs 4,315 on the BSE. The stock of SpiceJet surged 4.72 per cent to Rs 10.20. Price of Aviation Turbine Fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, ...Read More >
New Delhi, Apr 1 (PTI) Price of Aviation Turbine Fuel (ATF), or jet fuel, was more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent. Domestic airlines will pay half of what other carriers such as non-scheduled, adhoc and charter would pay. For them the prices have gone up by Rs 110,703.08 per kl, or 114.5 per cent, to Rs 207,341.22 per kl. Jet fuel prices wer ...Read More >
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