Lpg

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Bhutan: Can progress in household electrification provide relief from expensive fossil fuel imports?
long-reads

Bhutan: Can progress in household electrification provide relief from expensive fossil fuel imports?

Bhutan has made substantial progress in household electrification in recent years, according to the Department of Renewable Energy. In 2018 over 99.97 percent of households had access to electricity, up from just 30 percent in 2003.

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month
Business

Fuel demand hit: Petrol sales down 61%, diesel at 56.5% in April; demand expected to pick up this month

India's fuel consumption slumped by close to 70 per cent in April as all petroleum products except LPG saw massive demand erosion following a nationwide lockdown halted economic activity and travel

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%
Business

Coronavirus Outbreak: Reliance Industries cuts crude processing at Jamnagar SEZ refinery by 24%

Reliance Industries Ltd has cut crude oil processing at its exports-only refinery at Jamnagar in Gujarat in March by close to one-fourth as it joins public sector oil firms in cutting run-rate to align production with a coronavirus-induced slump in fuel consumption

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops
Business

Coronavirus Outbreak: Petrol, diesel demand to pick up as govt allows trucks to ply, some industries to resume ops

Petrol and diesel consumption, which saw its biggest-ever decline in the aftermath of a nationwide lockdown, is likely to pick up in the second half of the month as the government has allowed trucks to ply as well as farmers and industries in rural areas to resume operations after 20 April

IOC gets first shipload of 1 million barrels crude oil from UAE to fill strategic reserves
Business

IOC gets first shipload of 1 million barrels crude oil from UAE to fill strategic reserves

India is capitalizing on low global oil prices to fill its underground strategic oil reserves, with the first shipload of 1 million barrels of crude oil from the UAE arriving at Mangalore as part of efforts to shore up supplies to meet any supply or price disruption

IndianOil steps up initiatives to augment LPG supply; company appeals to people to not resort to panic booking
Business

IndianOil steps up initiatives to augment LPG supply; company appeals to people to not resort to panic booking

the company said it had delivered more than 3.38 crore LPG cylinders in the last 15 days since the lockdown, which is 26 lakh cylinders every single working day.

Coronavirus Outbreak: MRPL reduces production of diesel, petrol by half on lower demand
Business

Coronavirus Outbreak: MRPL reduces production of diesel, petrol by half on lower demand

With the number of vehicles on roads falling sharply in the lockdown period due to the coronavirus spread, the public sector Mangalore Refinery and Petrochemicals Limited (MRPL) has cut down production of petrol and diesel by half

Govt slashes LPG prices amid coronavirus lockdown; non-subsidised cylinder to cost Rs 744 in Delhi, Rs 714 in Mumbai
Business

Govt slashes LPG prices amid coronavirus lockdown; non-subsidised cylinder to cost Rs 744 in Delhi, Rs 714 in Mumbai

In India, every household is entitled to receive 12 cylinders at subsidized rates each year. If a family has requirement of more than that, they need to buy it at the market rate.

Oil firms to give Rs 5 lakh ex-gratia in coronavirus-related death of delivery boys, others working in LPG supply chain
Business

Oil firms to give Rs 5 lakh ex-gratia in coronavirus-related death of delivery boys, others working in LPG supply chain

State-owned Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) on Monday announced an ex-gratia of Rs 5 lakh in case of coronavirus-related death of any LPG delivery boy or other personnel involved in the supply chain

Oil companies say no LPG shortage at all, delivering at least 40% more fuel now
Business

Oil companies say no LPG shortage at all, delivering at least 40% more fuel now

National oil marketing companies have come out on Sunday allaying the fears of consumers about product shortages, saying there is absolutely no shortage of any fuel, especially cooking gas, which is being supplied to customers at their doorsteps

IOC plans to open LPG bottling plant in Mizoram, upgrade 100 outlets in Northeast
Business

IOC plans to open LPG bottling plant in Mizoram, upgrade 100 outlets in Northeast

State-owned Indian Oil Corp (IOC) is looking to set up an LPG bottling plant in Mizoram, besides upgrading 100 retail outlets across the Northeast in the next financial year, a senior official said

India's fuel demand expected to rebound to 3.8% in FY21; diesel to witness 2.8% growth next fiscal
Business

India's fuel demand expected to rebound to 3.8% in FY21; diesel to witness 2.8% growth next fiscal

Fuel consumption in the current fiscal ending 31 March will grow by just 1.3 percent, its slowest pace in six years.

Jet fuel price cut by steep 10%; non-subsidised cooking gas costs Rs 53 less as international oil declines
Business

Jet fuel price cut by steep 10%; non-subsidised cooking gas costs Rs 53 less as international oil declines

Jet fuel (ATF) prices were on Monday slashed by a steep 10 percent, the second straight reduction in rates in as many months, as international oil prices slumped on fears of the spread of coronavirus

BPCL disinvestment: Vedanta chief Anil Agarwal says state-run company's valuation high, evaluating bid; oil PSU's m-cap at 92,920 cr
Business

BPCL disinvestment: Vedanta chief Anil Agarwal says state-run company's valuation high, evaluating bid; oil PSU's m-cap at 92,920 cr

The government plans to sell its entire 52.98 percent stake in BPCL that will give buyers ready access to 14% of India's oil refining capacity and about one-fifth of the fuel market share in the world's fastest-growing energy market.

LPG prices may drop in March, last week's steep hike due to global market pressure: Petroleum Minister Dharmendra Pradhan
Business

LPG prices may drop in March, last week's steep hike due to global market pressure: Petroleum Minister Dharmendra Pradhan

Last week, cooking gas LPG price hiked by a steep Rs 144.5 per cylinder due to spurt in benchmark global rates of the fuel

Indian Oil hikes prices of non-subsidised LPG by up to Rs 145 per cylinder; here's list of rates of cooking gas in major cities
Business

Indian Oil hikes prices of non-subsidised LPG by up to Rs 145 per cylinder; here's list of rates of cooking gas in major cities

the non-subsidised LPG prices have been revised to Rs 858.5 per cylinder in Delhi and Rs 829.5 per cylinder in Mumbai, the report said.

Budget 2020: Access to uninterrupted and affordable electricity will be key to achieve India’s $5 trillion economy goal
Business

Budget 2020: Access to uninterrupted and affordable electricity will be key to achieve India’s $5 trillion economy goal

India will not be able to achieve a self-sustaining energy future without disruption in its energy distribution model

Budget 2020: Slash GST on auto LPG, address policy issues stalling growth, tells industry body to Nirmala Sitharaman
Business

Budget 2020: Slash GST on auto LPG, address policy issues stalling growth, tells industry body to Nirmala Sitharaman

Leading industry body Indian Auto LPG Coalition has sought GST reduction on auto LPG as well as on conversion kits for gaseous fuels to promote the adoption of clean automotive fuels

Non-subsidised LPG price hiked by Rs 19 per cylinder, jet fuel cost up 2.6% on rise in international rates
Business

Non-subsidised LPG price hiked by Rs 19 per cylinder, jet fuel cost up 2.6% on rise in international rates

Jet fuel or ATF price was on Wednesday hiked by 2.6 percent and that of non-subsidised cooking gas LPG by Rs 19 per cylinder on the back of a rise in international rates

Sudan factory blast: Narendra Modi expresses grief over death of 18 Indian workers among 23 killed in LPG tanker explosion
World

Sudan factory blast: Narendra Modi expresses grief over death of 18 Indian workers among 23 killed in LPG tanker explosion

At least 18 Indians were among 23 people killed in an LPG tanker blast that destroyed a ceramic factory in Sudan, the Indian mission said on Wednesday. Over 130 were injured