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Indian Oil ramps up LPG output 30% as Hormuz disruption tests India’s energy securityIndian Oil Corporation increased LPG production by nearly thirty percent. Refineries operated above full capacity to ensure energy supply c...
India’s growth gets a government lift, Bernstein flags hidden costsIndia's economic outcomes show distortions, not solely free-market forces at play. Company earnings and asset valuations are influenced by ...
Canada can be India's strategic partner, says Canadian Finance MinisterCanada can be a strategic partner for India's energy and food security needs. Canadian Finance Minister Francois-Philippe Champagne highlig...
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...
BPCL eyes E-comm, payment gateway in non-fuel push; looks to deliver groceries along with LPG cylindersBharat Petroleum Corporation Limited is expanding its e-commerce operations. The company plans to deliver groceries along with LPG cylinder...
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...
Centre pushes states to speed up PNG adoption, seeks district-level officers to drive LPG-to-gas transitionThe Petroleum Ministry is urging states to appoint district-level officers for PNG adoption. This move aims to accelerate the transition fr...
Mahanagar Gas eyes 1 million new PNG connections in FY27, capex raisedMahanagar Gas Ltd is increasing capital expenditure by twenty percent this financial year. The company plans to triple daily piped natural ...
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....
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...
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 ...
Government weighs PNG drive 3.0 to speed up adoption; launch likely in SeptemberThe government is set to launch the PNG Drive 3.0 initiative, designed to expedite gas connections for households and industries alike. Pre...
India Inc revenues jump 22% in June quarter, ICRA saysCorporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two p...
Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRAICRA said India Inc’s Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pres...
IndianOil launches ‘Indane XTRALITE NOW’ in GuwahatiIndianOil has launched its new 10 Kg composite LPG cylinder in Guwahati. This modern cylinder offers a lightweight and rust-free alternativ...
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...