User: birendersinghbudhwar Topic: Energy
Category: Conventional :: Oil and Gas
Last updated: Dec 18 2017 13:09 IST RSS 2.0
 
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Govt could end kerosene subsidy by 2020 14.12.2017 Business Standard: Economy & Policy
The government, say officials, hopes to end the subsidy on kerosene by 2020. "We expect at least 95 per cent penetration (into households) of liquefied petroleum gas through the Pradhan Mantri Ujjwala Yojana (PMUY, on cooking gas connections to the poor) and also 100 per cent electrification (pushed by the Saubhagya scheme) to be a reality by 2020. With the consumption of kerosene declining on a daily basis, the aim is to do away with the subsidy by then," said an official. While there could be an increase in the subsidy on LPG (cooking gas), analysts said there would not be much net increase. For the first six months of the financial year (April-September), the cumulative subsidy claims on LPG and kerosene to the petroleum ministry stood at Rs 9,079 crore. This will rise with the recent increase in global oil prices.Kerosene subsidy is expected to decline by 40 per cent from Rs 7,595 crore in 2016-17, to Rs 4,500 crore this financial year.According to the ministry's Petroleum ...
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Rising U.S. output weighs on oil prices 14.12.2017 Sify Finance
By Ahmad Ghaddar
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GST may cover fuel, power: Sushil Modi 14.12.2017 Business Standard: Economy & Policy
Said electricity, real estate, stamp duty, and petroleum products should become part of the GST
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Investors pour cash into U.S. shale despite questions on returns 14.12.2017 Sify Finance
By Ernest Scheyder
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Record number of Americans to travel during Christmas holiday: AAA 14.12.2017 Sify Finance
By Jarrett Renshaw
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Cement companies cheer as SC lifts ban on pet coke 14.12.2017 All News-IANS Stories
Cement companies in Rajasthan have welcomed the Supreme Court order lifting the ban imposed on use of pet coke by the industry, while environmentalists have voiced concern.
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Council may bring petrol, realty under GST in future, says Sushil Modi 14.12.2017 DNA: Bangalore
Council may bring petrol, realty under GST in future, says Sushil Modi
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Council may bring petrol, real estate under GST in future: Sushil Modi 14.12.2017 Top Stories
Inclusion of these can happen without amending the Constitution, he said
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Rising U.S. output threatens global oil market balance in 2018 14.12.2017 Sify Finance
By Amanda Cooper
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President of India gives away National Energy Conservation Awards and National Painting Competition Prizes for 2017 14.12.2017 Govt of india: PIB
Hon’ble President of India, Shri Ram Nath Kovind, presided as the Chief Guest over the National Energy Conservation Day celebrations, held here today.
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MLAs of Manipur Legislative Assembly enjoy over Rs 1,14,000/- as monthly salary 14.12.2017 Manipur: E-Pao
MLAs of Manipur Legislative Assembly enjoy over Rs 1,14,000/- as monthly salary
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SC eases pet coke, furnace oil ban 14.12.2017 DNA: Money
The Supreme Court on Wednesday modified its order and eased the ban on use of pet coke for cement manufacturing, lime industries, and on furnace oil for power generation. A bench of Justices Madan B Lokur and Deepak Gupta directed the Environment Ministry to modify its notification pertaining to the use of pet coke and furnace oil, permitting it to lay down regulations for its use. The top court also directed the Centre to consult all stakeholders on the issue of importing pet coke. The top court's order came after the Ministry of Environment and Forest (MoEF) filed an appeal seeking a limited-period relaxation on the ban for power generation and cement manufacturing industries. In its appeal, the Centre submitted it would come up with an alternate mechanism in the meantime. MOEF submitted that the use of pet coke in cement manufacturing plants was minuscule, and it was used for non-fuel purposes. Similarly, the use of furnace oil was limited in electricity generation plants in cement manufacturing ...
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Oil slips as U.S. gasoline stock build overshadows crude draw 14.12.2017 Sify Finance
By David Gaffen
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Exclusive: Saudi Aramco to push ahead with market share, expansion strategy - CEO 14.12.2017 Sify Finance
By Rania El Gamal and Reem Shamseddine
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Oil mixed after U.S. crude stocks draw; Forties outage lends support 14.12.2017 Sify Finance
By David Gaffen
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SC allows relaxation of ban on pet-coke and furnace oil 13.12.2017 All News-IANS Stories
The Supreme Court on Wednesday allowed the Central government to relax its notification banning the use of pet-coke and furnace oil in Uttar Pradesh, Haryana and Rajasthan as it permitted pet coke to be used an an ingredient by the cement and lime industry.
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Oil down after Forties outage price surge 13.12.2017 Sify Finance
By Julia Payne
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U.S. says China is still failing to notify WTO of state-backed firms 13.12.2017 Sify Finance
By Tom Miles
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SC eases petcoke ban in two sectors 13.12.2017 Hindu: Energy & Environment
The Supreme Court on Wednesday relaxed its ban on the use of petroleum coke (petcoke) and allowed cement and limestone industries to use it.A Bench of Justices Madan B. Lokur and Deepak Gupta, however...
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Saudi king prioritises economic reforms for coming year 13.12.2017 News
In early November, the king's son and heir, Crown Prince Mohammed bin Salman, oversaw the unprecedented arrest of top princes, businessmen and officials allegedly involved in corruption
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