State-owned Indian Oil Corporation (IOC) ramped up liquefied petroleum gas production by nearly 30 per cent and kept its refineries operating above 100 per cent utilisation as disruptions to maritime trade through the Strait of Hormuz threatened India's energy supplies, its chairman said on Monday. The company also diversified crude sourcing, realigned refinery operations and secured alternative supplies as the escalation of conflict in West Asia disrupted global energy markets, IOC chairman Arvinder Singh Sahney said in his address to the company's 67th annual general meeting. "For IndianOil, the priority during this unprecedented crisis has remained crystal clear - to maintain continuity of energy supplies despite constrained sourcing options and volatile international markets," he said. India imports more than 88 per cent of its crude oil requirement, while about 45 per cent of its crude imports and nearly 90 per cent of LPG imports are linked to the Strait of Hormuz, underscorin
Swiggy Instamart and Hindustan Petroleum Corporation Limited (HPCL) have partnered to launch India's first on-demand LPG cylinder delivery service through a quick-commerce platform.
The oil ministry had allotted 40 per cent of the pre-crisis commercial LPG quota to states through three separate directives earlier this month
“Delivered but not received” — that’s the reality many households in Delhi-NCR are facing amid a deepening LPG crisis.
India has signed its first-ever one-year LPG import deal with the US — a major shift in its energy strategy.
Sharing an X post, the Union Minister said that this will take the total number of LPG connections to 106 million
Decision forced by Rs 41,338 crore losses for OMCs, will be reviewed in 2-3 weeks
On March 27, 2015, Prime Minister Narendra Modi launched the 'Give It Up' campaign at the 'Urja Sangam' global energy summit
As cooking gas underrecoveries soar, Centre considers ~40K cr mid-year payout
He further urged the public of the constituency to elect Mahayuti in the upcoming Assembly elections and insisted them to not to trust any other party
Modi's government already hiked the subsidy for low income households twice last year to 300 rupees per liquefied petroleum gas (LPG) cylinder from 200 rupees earlier to rein in inflation
The Ujjwala beneficiaries currently pay Rs 703 per 14.2-kg cylinder as against the market price of Rs 903
Beneficiaries of the Pradhan Mantri Ujjwala Yojana will also receive the first refill and a stove free of cost
Consumption of LPG has accordingly been going up over the years. Production was close to consumption in the early 2000s. This has since changed with an increased shift towards clean cooking fuel
New rules are introduced on September 1, Thursday 2022. Banking norms, gas cylinders, insurance premiums and property prices will be impacted. Read this detailed article to know more
During the pandemic, with kids locked up, moms and dads learnt how to cook up new dishes watching shows like the Amul Live Recipe
West Asia is also India's biggest supplier of LPG, the fuel that is used in kitchens. India imported 48 million tonnes, or 58 per cent of the fuel used in the last three fiscals
2.3 million connections disbursed between August 10 and September 15
Though the government expected an outgo of Rs 13,500 crore with respect to the scheme, only Rs 9,710 crore was transferred directly into the bank accounts of Ujjwala beneficiaries, as of June 30.
Earlier, beneficiaries under the Pradhan Mantri Ujjwala Yojana (PMUY) were entitled to three free liquefied petroleum gas (LPG) cylinders effective April 1 to June 30 this year.