Wednesday, August 10, 2022
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Price freeze on petrol, diesel, LPG to hit profitability of IOC, BPCL, HPCL: Fitch

The freeze on petrol, diesel and LPG price revision despite rising costs will hit the profitability of OMCs this fiscal, Fitch Ratings said on Wednesday

30% price hike in just one year: Here is how LPG bringing tears to eyes

"LPG is smokeless but still it is bringing us tears," rued M Mallika, a 38-year-old homemaker in Tenali town of Andhra Pradesh

Domestic LPG price hiked again; crosses Rs 1,000-mark in Delhi

Domestic cooking gas LPG price was hiked by Rs 3.50 per cylinder. Non-subsidised LPG now costs Rs 1,003 per 14.2-kg cylinder in the national capital

Govt increases price of natural gas by over 2 times, effective from April 1

Synopsis: The government has increased the price of natural gas by over two times from $2.90/mmBtu to $6.10/mmBtu for the period between April 1 and September 30. The hike in price comes on the back of a rise in global energy prices

India’s fuel consumption touches 11-month high in December 2020: PPAC

India’s fuel demand has touched an 11-month high in December 2020 as consumption of petroleum products recorded an improvement for the fourth consecutive month

India to overtake China as world’s largest LPG residential sector market by 2030: Wood Mackenzie

Wood Mackenzie has said in its latest report that it expects India to overtake China as the world’s largest LPG residential sector market by 2030

Recovery continues, fuel demand grows by 11% in June: PPAC data

Continuing the recovery after touching a 13-year-low in April, consumption of petroleum products in India went up by 11 percent in June, PPAC data showed

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