Even though the government has recently allowed state-owned oil marketing Companies to marginally increase the prices of petrol and diesel, one doesn't need to use rocket science to figure out that the hike is just not enough to help Indian Oil Corp, HPCL and BPCL to tide over their losses. These downstream Companies have been selling petrol, diesel LPG and kerosene much below the actual price. To keep voters happy, the government decided to limit the hike in a range of Re 1-Rs 2 a litre when Rs 9 for petrol and Rs 11 for diesel were actually required. Also, the prices of LPG and kerosene were left untouched. This was when kerosene needed to be increased to Rs 20 a litre and an LPG cylinder priced close to Rs 330. At the same time, a partial relief package was promised to the oil Companies. This included issuance of oil bonds of a higher quantum

Many parts of the country faced a shortage of LPG cylinders from November 2007 despite the oil marketing Companies

Petroleum and Natural Gas Minister Mulri Deora has said a pro-active approach had been adopted to address the shortage of liquefied petroleum gas (LPG). In a letter to Chief Ministers on LPG shortage in certain parts of the country, Mr. Deora said as an urgent measure, an additional 52,000 metric tonnes of LPG would be imported in March 2008 to tide over the crisis. He sought the cooperation of the Chief Ministers in curbing diversion of domestic LPG stocks.

The driver of the car shows the gas cannister stored in the trunk of the car. The Minister of Environment, Energy and Water Ahmed Abdulla has welcomed the fact that Liquefied Petroleum Gas (LPG) was being used to power a taxi for the first time in Maldives.

The alternative fuel fever has caught up with Chennai-based TVS Motor Company, synonymous for

The visiting Russian Prime Minister, Victor Zubkov, is learnt to have given a "sympathetic and positive' response to India's plea for a major stake in the Sakhalin III and other major oil and gas projects in far-east Russia. India is a partner in Sakhalin I and gets oil supplies from there. At a 20-minute meeting between Mr. Zubkov and Petroleum and Natural Gas Minister Murli Deora on Wednesday, the latter also took up the Indian oil companies' interest in investing in the Russian oil and gas fields. Opportunities

Dealers allegedly making the most of the crisis by creating an artificial scarcity Waiting time for gas supply has gone up LPG black marketing has increased significantly NEW DELHI: The poor people who depend on small refilled gas cylinders for their cooking needs these days have been hit the hardest by the acute shortage of liquefied petroleum gas (LPG) supply in and around Delhi. They are having to pay as much as Rs.80 per kg for the fuel -- equivalent to Rs.1,436 for a 14.2 kg cylinders -- whose real cost is only Rs.293.35.

Sri Lanka's Supreme Court has issued an injunction preventing the government-owned Ceylon Petroleum Corporation from selling liquefied petroleum gas (LPG) to the multinational corporation Shell. The

dhl is set to go green. The logistics company plans to transmute their entire overland fleet to lpg, a more eco-friendly fuel. The company has around 333 vehicles in India and during its first phase

it's a turnaround of trends. Summers in Delhi are now more polluted than winters. Reason

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