China will start developing unconventional gas sources within 10 years to fuel its massive economy, possibly bringing down global liquefied petroleum gas prices, a senior energy consultant said on Thursday.

The expanding country faced with flat to declining production of normal gas sources in 20 years aims to do geologic tests and approve projects within a decade for resources such as shale gas

Broken plastic buckets and piles of old polythene bags being converted into petrol

Left over food and vegetable waste discarded in the garbage could soon be used to generate bio cooking gas (alternative to LPG) in the Capital.

New Delhi: Ruling out any rollback in cooking gas and kerosene prices, petroleum minister Murli Deora on Tuesday said that the increase was

The petrol pricing strategy of oil marketing companies (OMCs) is likely to be clear in the second fortnight of this month. The oil companies have been consulting each other to decide the periodicity of petrol price revision.

Petroleum Secretary S Sundareshan said the OMCs were having consultations to decide the frequency of price revisions.


Sandeep Joshi

NEW DELHI: Minister of Petroleum & Natural Gas Murli Deora on Thursday approved a proposal to select distributors for LPG in the country through a draw of lots, making the entire process more transparent.

The new pattern of selection was successfully introduced under Rajiv Gandhi Gramin LPG Vitrak (RGGLV) scheme.

The article explains the logic behind the Parikh Committee recommendation on petroleum prices.

Hyderabad, May 12: The civil supplies department wants to remove Rs 25 subsidy on each LPG cylinder supplied for domestic use.

The Chief Minister, Mr K. Rosaiah, however, was cautious of the proposal and wanted the matter to be posed to the Cabinet before taking a final decision.

The matter was discussed during a review meeting held by the Chief Minister on Wednesday.

An Empowered Group of Ministers (EGoM) on fuel pricing is likely to meet after the current Parliament session to discuss freeing petrol, diesel and cooking fuel prices from the government control.

At present, petrol was sold at a discount of Rs 6.63 a litre and diesel at a deficit of Rs 6.25 per litre, an oil ministry official said here.