Page 13 - Lpg

Covid-19 and winter push cooking gas consumption above petrol in India

While LPG use rose as more people cooked at home due to tighter coronavirus restrictions, India's full-year consumption of fuel never fully recovered

Govt may give 'divested' PSU status to BPCL to save LPG customers' subsidy

BPCL has around 73 million LPG consumers, while Indian Oil has 134 million and HPCL around 78 million

BPCL to cut dependence on Middle East LPG, seek bids from global suppliers

The latest tender is aimed at getting better prices for supplies compared with those from the Middle East and to diversify sources of LPG, according to the objectives listed in the document

India to overtake China as largest LPG residential market by 2030: Report

India is expected to overtake China as the world's largest cooking gas LPG residential sector market by 2030, Wood Mackenzie said on Tuesday

Privatisation-bound BPCL's net profit almost doubles to Rs 2,076 cr in Q1

Standalone net profit in April-June stood at Rs 2,076.17 crore compared with Rs 1,075.12 crore a year back, the company said in a regulatory filing

Crude oil can hit $50/bbl in 2021; gas demand to pick up in India: Analysts

Currently, Brent prices are hovering around the $42/barrel mark

No shortage of petrol, diesel, LPG amid coronavirus lockdown: HPCL chairman

Prime Minister Narendra Modi announced a 21-day nationwide lockdown from March 25 in order to contain the spread of novel coronavirus

Oil price slump: Centre may not hike excise duty for petro products

For 2019-20, the Centre had estimated average crude price of $55 a barrel, and for 2020-21, it has been assumed at $50 a barrel.

Jet fuel prices cut by steep 10% as oil slumps over coronavirus outbreak

The rate of non-subsidised LPG was also reduced to Rs 805.50 per 14.2-kg cylinder from Rs 858.50 previously

Transmission volumes, unified tariff among triggers to fire up GAIL

Other factors that should benefit GAIL include the new US liquefaction terminals, and inclusion of gas in GST

GAIL reports 22% rise in Q3 PBT at Rs 1,872 crore; net profit down 25%

Net profit saw a 25 per cent drop due to slump in margins on natural gas marketing, LPG and liquid hydrocarbons

GAIL's gas trading business disappoints in Q2, but recovery hopes alive

Though margins fell in the September quarter, analysts expect a recovery and remain positive on volume growth outlook

Subsidy on kerosene may go by FY21 as fuel consumption shifts to LPG

On a monthly basis, the government has been increasing the price of subsidised kerosene by 25 paise to phase out the subsidy

Top 10 biz headlines: LPG crisis, Sitharaman on liquidity issue, and more

From India bracing for an LPG crisis to Sitharaman commenting on liquidity issue, here are the top 10 business headlines on Friday

Saudis defer LPG flow: India scrambles to meet peak festive season demand

India, the world's second-largest LPG importer, gets about half of its requirements from foreign suppliers

GAIL loses steam as financial, operational challenges tapers growth

Concerns over placement of the high-priced US gas contracts remain, even though GAIL has consistently met with success in placing them and reporting good numbers

How LPG improves rural women's health

How has the programme PMUY fared on this count?

Gas connectivity: Poised for take-off

City Gas Distribution now complements the massive utilities delivery networking infrastructure sweeping across India

Distribution handicaps a hurdle for Centre's LPG Ujjwala scheme

After the success of PMUY, LPG coverage in India increased from 56% in 2014 to 94.3% by April 2019

Centre sets up committee headed by Kirit Parikh to review LPG marketing

The new committee, set up on May 30, will look into issues related to definition or quality standards of LPG being marketed