Resurgent Audi leads in luxury petrol car sales

The share of diesel vehicles in luxury car sales in India shrank to a record low of 35% in 2023. As recently as 2019, diesel models accounted for nearly 80% of auto sales. The biggest beneficiary of this is Audi, which has cornered a 31% share of the luxury petrol car segment, against BMW’s 28% share and Mercedes Benz’s 26%.


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Source: https://www.livemint.com/industry/manufacturing/resurgent-audi-leads-in-luxury-petrol-car-sales/amp-11704633081985.html

ONGC seeks premium over govt price for coal seam gas

State-owned Oil and Natural Gas Corporation (ONGC) is seeking a premium over the government gas price for the gas it plans to produce from coal seams in Jharkhand.
ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for three years.
Users have been asked to quote a premium they are willing to pay over and above the monthly domestic natural gas price that the Oil Ministry’s Petroleum Planning and…
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Source: https://www.devdiscourse.com/article/headlines/2768163-ongc-seeks-premium-over-govt-price-for-coal-seam-gas?amp

ONGC seeks premium over govt price for coal seam gas in Jharkhand

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State-owned Oil and Natural Gas Corporation (ONGC) is seeking a premium over the government gas price for the gas it plans to produce from coal seams in Jharkhand.
ONGC has sought bids from users for sale of 0.05 million standard cubic metres per day of gas from the North Karanpura coal-bed methane (CBM) block for…
Read More…

Source: https://www.moneycontrol.com/news/business/companies/ongc-seeks-premium-over-govt-price-for-coal-seam-gas-in-jharkhand-12010561.html/amp

Supply of LPG hit following drivers’ strike against new hit-and-run law

Supply of LPG hit following drivers’ strike against new hit-and-run law
Express News Service | Published: 07th January 2024 09:24 AM

For representational purpose.

PARADIP: The ongoing drivers’ strike against the new hit-and-run law has brought the export of petroleum products including LPG from IOCL’s Paradip Refinery to Nepal Oil Corporation (NOC), to a grinding halt.

As per sources, Paradip Refinery exports around 40 to 50…
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Source: https://www.newindianexpress.com/states/odisha/2024/jan/07/supply-of-lpg-hit-following-drivers-strikeagainstnew-hit-and-run-law-2648770.amp

Petrol, Diesel Prices Announced For January 7: Check Latest Rates In Your City

Petrol and Diesel Prices on January 7: Even as Brent crude oil prices rose on Friday, petrol and diesel prices in India remained constant on Sunday. In the country, petrol prices in India vary across states and range between Rs 96 and Rs 106, while diesel remains in the range of Rs 84-Rs 94.According to government oil companies, in Uttar Pradesh’s Gautam Budh Nagar district (Noida-Greater Noida), the price stood at Rs 96.79 a litre this morning, while diesel is being sold at Rs 89.96 a…
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Source: https://www.news18.com/amp/business/petrol-diesel-prices-announced-for-january-7-check-latest-rates-in-your-city-8730865.html

GAIL signs LNG supply deal and Bioenergy pact

State run GAIL (India) Limited and Vitol Asia Pte Ltd, have announced the signing of a long term Liquefied Natural Gas (LNG) deal into India for a supply of approximately one million metric tons of LNG per annum for a period of about 10 years, commencing 2026. Under this deal, Vitol will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis.
As a leading natural gas company gas trading, GAIL has formidable presence in India’s transmission, LPG production &…
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Source: https://sundayguardianlive.com/business/gail-signs-lng-supply-deal-and-bioenergy-pact

‘Petrol pumps will run dry by tomorrow evening if…’; Fuel dealers’ body in Odisha urges people to stop panic buying

As various services are affected after the Drivers’ Mahasangha joined the all India ‘Quit Steering Wheel’ movement, Utkal Petroleum Dealers’ Association General Secretary Sanjay Lath on Saturday advised people not to panic and buy petrol. Speaking about the ongoing drivers’ protest and the situation of petrol supply, Lath said, “If people will continue to refuel their vehicles with panic, the petrol and diesel will run out of stock in filling stations by tomorrow…
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Source: https://odishatv.in/news/odisha/-petrol-pumps-will-run-dry-by-tomorrow-evening-if-fuel-dealers-body-in-odisha-urges-people–224416/amp