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LPG PRICES
GAIL opposes IGX platform for LNG terminal capacity bookingIndia's top gas marketer GAIL opposes a new platform for booking LNG terminal capacity. GAIL states this platform will add costs for consum...- India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- Tamil Nadu CM C Joseph Vijay announces more free buses for women; 3 free cooking gas cylindersIn an effort to alleviate living costs, Tamil Nadu Chief Minister C Joseph Vijay has announced new initiatives including fare-free bus trav...
- Growth broadens across India Inc: What an 8-quarter earnings review reveals about sectors, risks and returnsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...
- Exxon, Lyondell among suitors for Shell's US chemical assets, could fetch $8 billion, FT reportsShell is reportedly seeking to sell its U.S. chemical assets for up to eight billion dollars. Several major companies and a private equity ...
- India reworks oil map with Venezuela as Hormuz battlefield keeps Gulf flows in doubtIndia is increasing crude oil imports from Venezuela and Latin America. This diversification aims to secure supplies amid Middle East disru...
- Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027: SourcesIndian Oil Corp has finalized a deal with Algeria's Sonatrach for LPG imports. This agreement will supply one very large gas carrier monthl...
- Oil India vs ONGC vs OMCs: What JM Financial’s $80 Brent call means for oil stocksBrent crude may stay near eighty dollars a barrel for twelve months. Analysts favor Oil India and ONGC due to expected earnings growth. Oil...
- IGL, MGL, Adani Total Gas shares rally up to 6% as govt boosts domestic PNG pushCity gas distributor stocks rallied after the government approved an incentive scheme to accelerate domestic PNG connections from September...
- Government offers cheaper domestic gas to city gas distributors to boost PNG connectionsThe government will provide cheaper domestic gas to distributors. This incentivizes converting inactive piped natural gas meters into worki...
- Plea for pooled gas gains steam amid renewed tensions in West AsiaCity gas firms want the government to reinstate a pooled gas mechanism. This is due to ongoing supply and price uncertainties in West Asia....
- Aegis Logistics in talks to acquire UAE’s Tristar for $1.5 billionAegis Logistics is in advanced discussions to acquire Tristar for $1.5 billion. This consolidation could be one of the industry's largest e...
- India Inc clocks strongest revenue growth in 9 quarters; margins squeezed by rising costsIn the June quarter, Indian companies celebrated remarkable revenue growth, reaching a nine-quarter high. Despite this, profits grew by onl...
- BJP president Nitin Nabin meets UP MPs, seeks ground pulse ahead of 2027 assembly pollsBJP president Nitin Nabin met with Uttar Pradesh MPs to discuss upcoming elections. Discussions focused on caste equations and strengthenin...
- Suvendu Adhikari to inaugurate Haldia Petrochemicals' Rs 6,000-crore phenol and acetone plant in OctoberFirst of its kind in the country, the plant will be developed under HPL's subsidiary Adplus Polymers & Chemicals. The facility is set to ho...
- Auroville’s kilns go cold as soaring LPG prices leave pottery piling upAuroville’s pottery community is struggling with higher LPG and wood costs following Iran war. Potters are rationing kiln firings, changing...
- Government fixes LPG production targets for refiners, Reliance gets largest shareIndia has set maximum LPG production targets for refineries and upstream companies. This move aims to build a domestic supply buffer after ...
- Retailers’ cooking gas losses dip in August, but government dues top Rs 59,000 croreFuel retailers' revenue loss on subsidized LPG narrowed to Rs 188 per cylinder in August. This marks a sharp decrease from the Rs 500 loss ...
- Godrej Consumer margins hit hard by oil pricesGodrej Consumer Products said surging LPG, kerosene and LABSA costs hit its India margins in the June quarter despite healthy volumes. Cons...
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