Lpg

Govt may impose gas levy to finance $42 billion strategic fuel reserves

The plan would ​extend India's strategic reserves beyond crude oil for the first time, with stockpiles designed to cover about two months of ‌crude and LNG demand, and around six weeks of LPG

Commercial LPG cylinder prices cut by ₹202 in Delhi, effective today

Second consecutive monthly reduction lowers cost of 19 kg commercial cylinders in Delhi and Kolkata; domestic LPG prices remain unchanged

LPG imports from US hit record high in July amid West Asia disruption

The US accounted for over 73 per cent of India's LPG imports in July as supplies from Gulf producers remained constrained amid the West Asia conflict

Govt plans to source up to a quarter of LPG imports from US in 2027

New Delhi faced its worst ‌LPG shortage earlier this year after the Iran war and closure of the Strait of Hormuz disrupted supplies

India better prepared to handle Strait of Hormuz disruption this time

India has secured crude oil and LPG supplies for the near term, limiting the immediate impact of the renewed Strait of Hormuz closure, though prices are expected to rise

Best of BS Opinion: India's ethanol blending plans need better design

Today's opinions examine India's ethanol-blending policy, urban employment trends, MGNREGA reforms, energy security after the Strait of Hormuz disruptions, and Project Cheetah

Aegis Logistics zooms 84% in 1 month, hits new high; Aegis Vopak soars 54%

Aegis Logistics surged 5% to hit a new high at ₹1,388.65, while Aegis Vopak Terminals share price soared 10% to ₹284.10 cent on the BSE in Monday's intra-day trade.

Fuel sales jumped in June despite price hikes, shows PPAC data

Petrol and diesel consumption rose despite higher fuel prices, while ATF demand edged lower and LPG sales declined amid supply disruptions from West Asia

Commercial LPG prices cut by ₹183.50: Check the new rates

Oil marketing companies (OMCs) have reduced the price of 19-kg commercial LPG cylinders by ₹183.50 across the country.

MGL urges residents in gasified societies to apply for PNG connections

Mahanagar Gas says LPG supplies to housing societies with operational PNG infrastructure will stop after 90 days, urging residents to apply for piped gas connections

Govt relaxes LPG distribution curbs for industrial users as Hormuz reopens

The Centre has restored non-domestic LPG supplies to pre-conflict levels and partially resumed bulk LPG allocations as energy supplies improve following the reopening of the Strait of Hormuz

OMCs incur ₹22,000 crore LPG under-recoveries amid West Asia crisis

Higher global LPG prices and limited pass-through to household consumers have resulted in Rs 22,000 crore of under-recoveries for oil marketing companies since March

India has adequate crude oil, LPG and gas stocks, says Hardeep Puri

Petroleum minister says fuel prices in India fell 3.1 per cent from May 2022 to May 2026 even as rates rose sharply in several countries

Indian refiners secure crude, LPG supplies till August despite Iran war

Indian refiners, including Indian Oil Corp and Mangalore Refinery and Petrochemicals Ltd, ‌have also purchased crude through spot tenders in recent weeks

Fuel supplies stable, 2,557 Indians moved out of Iran amid West Asia crisis

Government says energy supplies, aviation services and maritime operations remain stable as evacuation efforts continue and Gulf connectivity gradually improves

House collapses after LPG blast in north Delhi; 11 injured, 1 critical

Many residents were feared trapped after a single-storey house collapsed in an LPG blast in north Delhi's Mukundpur area on Tuesday morning, an official of the Delhi Fire Service said. The incident happened at Gali No. 1, Part-2, Ishu Vihar, near the cremation ground, he said. A caller reported the blast at 9.37 am, saying residents may be trapped. "We got information that a blast took place and a building collapsed due to which some people are trapped. Rescue teams rushed to the spot and launched operations," the officer said. Five rescue vehicles were rushed to the spot, he added.

Commercial LPG price rises ₹42; ATF for international airlines down 27%

Oil marketing companies have increased commercial LPG prices by Rs 42 per cylinder, while aviation turbine fuel for international airlines has been cut by 27 per cent

Commercial LPG prices raised by ₹42; ATF prices for int'l airlines cut 27%

Prices of 5 kg FTL (Free Trade LPG) cylinders have been increased by ₹11, and will cost ₹821.50 in Delhi

Best of BS Opinion: Can middle powers prevent transactional geopolitics?

From the rise of transactional geopolitics to oil shock risks and Pakistan's strategic missteps, BS Opinion examines the global uncertainties shaping politics and business

Modi's UAE visit secures $5 bn investments, key energy and defence pacts

India and the UAE signed multiple agreements on energy, defence, shipbuilding and AI cooperation, alongside investment commitments worth $5 billion