Indian oil companies have signed their first-ever structured contract to import Liquefied Petroleum Gas (LPG) from the United States. Union Minister Hardeep Singh Puri announced the breakthrough, calling it a significant step in India’s push to diversify its fuel sources. According to Mr. Puri, this agreement is the “first structured contract of U.S. LPG for Read More…
Kochi: Public sector oil companies have announced that all domestic LPG consumers must complete e-KYC renewal every year to continue receiving the government’s LPG subsidy. The directive applies especially to beneficiaries under the Pradhan Mantri Ujjwala Yojana (PMUY), who must complete their KYC update before March 31, 2026. The Ministry of Petroleum and Natural Gas Read More…
The Union Cabinet has approved a ₹30,000 crore compensation package for Oil Marketing Companies (OMCs) to offset their losses in supplying subsidized domestic LPG cylinders. The move comes as part of the government’s ongoing efforts to maintain affordability of cooking gas, especially under the Pradhan Mantri Ujjwala Yojana (PMUY). Launched in May 2016, PMUY provides Read More…