Page 7 - Lpg

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Fuel prices ease after record high, LPG to be cheaper by Rs 10 from today

Petrol now costs Rs 90.56 per litre in Delhi and a litre of diesel comes for Rs 80.87. Rates have been reduced across the country and vary from state to state

Next leg of Ujjwala scheme to focus on affordability of LPG: Oil ministry

Oil companies wait to recover around Rs 4,500 cr from existing PMUY beneficiaries

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High price of LPG cylinders forcing the poor to return to firewood

At the price of Rs 819, LPG refills beyond the reach of most PMUY beneficiaries.

Only half of urban slum households use LPG exclusively: Study

An independent study on the usage of the LPG shows that very few households, even in urban areas, use the cleaner fuel in their kitchen

LPG consumption up 7.3% despite price rise: Oil companies

Usage among the PMUY beneficiaries, who are mostly poor rural households, jumped near 20 per cent

Slum households still using polluting fuels despite govt's LPG push: Study

Policy group CEEW says government scheme 'must target poor households' to move to LPG.

Rajya Sabha washout over uproar on increasing petrol-diesel prices

The Opposition's continuous uproar and persistent demand for a discussion on the increase in petrol, diesel and LPG prices on Monday led to washout of the day's proceedings in Rajya Sabha.

Subsidised, non-subsidised LPG price hiked by Rs 25 per cylinder

The hike also applies to Ujjwala scheme beneficiaries

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