New Delhi, May 24 (IANS) Amid concerns over fuel availability in some areas, Bharat Petroleum Corporation Limited Former Marketing Director Sukhmal Kumar Jain on Sunday said there is no shortage of petrol or diesel in the country, adding that public sector oil marketing companies are fully managing fuel consumption and supply.Speaking exclusive to IANS, Jain said that public sector oil marketing companies (OMCs) operate around 85,000 retail outlets out of the nearly one lakh fuel stations across…
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New Delhi, May 19 (IANS) The government has ensured that the price hike in petrol and diesel has been restricted to 4.4 per cent, the lowest among major economies, while that of domestic liquefied petroleum gas has remained constant, by reducing excise duty and asking the oil companies to absorb the losses due to the cost of imported crude soaring past $100 a barrel. Public sector oil companies have absorbed under-recoveries of Rs 24,500 crore on petrol and diesel to keep pump prices on hold, be…
New Delhi, May 19 (IANS) BJP and its allies on Tuesday defended the recent hikes in petrol and diesel prices, arguing that despite the global energy crisis triggered by tensions in West Asia, fuel costs in India remain comparatively lower than in many countries.The reactions came after state-run oil marketing companies revised fuel prices for the second time in less than a week amid a sharp rise in international crude oil prices linked to the ongoing conflict in the Gulf region and concerns over…
Dehradun, April 15 (IANS) In view of the upcoming Char Dham Yatra, along with the peak tourism and wedding season, the Uttarakhand Food and Civil Supplies Department held a high-level review meeting on Wednesday to assess the availability of domestic and commercial LPG, as well as petrol and diesel supplies. The meeting was chaired by Food Secretary Anand Swaroop and attended by state-level coordinators, representatives of oil companies, and District Supply Officers from across the state.During …
Amaravati, April 10 (IANS) Andhra Pradesh has set a target of 10 lakh Piped Natural Gas (PNG) connections within the next six months. Chief Minister N. Chandrababu Naidu on Friday emphasised the need to promote the use of PNG as a preferred alternative. Reviewing the domestic gas supply with officials at the secretariat on Friday, the Chief Minister directed officials and oil companies to address domestic gas supply challenges arising due to global conflicts. Chandrababu Naidu instructed officia…
Patna, April 9 (IANS) In view of the ongoing global petroleum crisis and rising concerns over LPG availability, the Bihar government, on Thursday, issued a major directive regulating fuel usage during wedding ceremonies and social functions. As per the new notification, prior permission from the Sub-Divisional Officer (SDO) has been made mandatory for organising weddings, tilak ceremonies, and other public functions in the coming months.The Bihar government has laid down strict instructions to e…
Bhubaneswar, April 2 (IANS) The Odisha government on Thursday held discussions with senior representatives from major oil and gas corporations to streamline the supply of LPG and other petroleum products across the state. The high-level review meeting was held under the joint chairmanship of the Minister of Food Supplies & Consumer Welfare, Krushna Chandra Patra, and the Minister of Housing & Urban Development, Krushna Chandra Mahapatra here.The meeting, attended by Principal Secre…
Bengaluru, March 30 (IANS) Food and Civil Supplies Minister K.H. Muniyappa on Monday said that the state government has initiated steps to streamline the supply of commercial LPG cylinders and assured hotel owners that distribution would resume from Tuesday. He also urged the Centre to resolve the shortage.Addressing the media, Muniyappa said an order regarding the allocation of commercial cooking gas had already been issued on Sunday. “The order will reach distributors today, and from tomorro…
New Delhi, March 27 (IANS) Petroleum and LPG supply situation is under control and there is no shortage of petrol, diesel or LPG anywhere in the country, while retail outlets have sufficient stocks and are dispensing fuel without interruption, according to the government.As the world’s 4th largest refiner and 5th largest exporter of petroleum products, India’s domestic availability is structurally assured, according to Petroleum Ministry.While other nations are declaring “National Energy Emerg…
New Delhi, March 27 (IANS) As the Centre slashed excise duties on petrol and diesel by Rs 10 per litre each, bringing them down to Rs 3 per litre for petrol and zero for diesel, in a move aimed at cushioning the impact of surging global oil prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday said the Modi government had two choices — either increase prices drastically for citizens as all other nations have done, or bear the brunt on its finances so that an Indians …