The Latest Breaking News from LPG

India seeks 2027 LPG imports from US via term tender, document shows

In a strategic move, Indian state-owned companies are set to import 2.75 million metric tons of liquefied petroleum gas, planning to acquire this resource from the United States for the year 2027. The tender anticipates four substantial gas carrier shipments each month, along with an additional monthly cargo available on…

The Economic Times · Sep 25

Aadhaar authentication for LPG subsidy: Will your gas supply be stopped if you fail to authenticate UID before October 1, 2026?

From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is designed to ensure that subsidies are provided solely to qualifying households. Authentication can be done through delivery personnel, distributor outlets, or mobile apps provided by oil marketing firms.

The Economic Times · Sep 24

LPG losses reach Rs 300/cylinder, OMCs’ petrol, diesel margins turn negative; daily hit at Rs 530 crore: ICRA

OMCs are facing mounting pressure as elevated crude oil prices push petrol and diesel marketing margins into negative territory, while domestic LPG losses have reached around Rs 300 per cylinder, ICRA said. The rating agency estimates OMCs are losing around Rs 530 crore daily, with unchanged domestic fuel prices and…

The Economic Times · Sep 23

All 28 Indian crew safe after tanker attacked in Iranian waters: Indian Embassy in Tehran

All 28 Indian crew members aboard the LPG tanker Disha are safe following an attack. The Indian Embassy in Tehran confirmed their well-being and is monitoring the situation closely. External Affairs Minister S Jaishankar stressed that attacks on seafarers are unacceptable. India's maritime administration advised against deploying seafarers in the…

The Economic Times · Jul 24

Three wounded in strike on Ukraine-bound LPG tanker off Romania in the Black Sea

Romania’s president says the attack on the Ukrainian ship carrying dangerous chemicals was “most likely” the result of a Russian attack, calling it a “serious incident” and launching a probe to determine its cause.

Euronews · Jul 21

Bharatgas introduces Lite ZIP, a next-generation lightweight LPG cylinder, to expand to 100 cities by August 15

Bharat Petroleum Corporation Ltd has launched Bharatgas Lite ZIP for premium LPG customers. This new offering provides instant connections and express delivery services. The company plans to expand this service to 100 additional cities by August 2026. This launch follows a similar initiative by Hindustan Petroleum Corporation Ltd. These moves…

The Economic Times · Jul 19

Instamart ties up with HPCL to launch India’s first on-demand LPG cylinder delivery on quick commerce

Instamart and HPCL launch India's first on-demand LPG cylinder delivery service. Consumers can now order HP Navya composite LPG cylinders via the Instamart app. This new service requires no existing domestic LPG connection for ordering. First-time orders are new cylinder purchases, while subsequent orders are refills. The partnership aims to…

The Economic Times · Jul 15

Oil firms eye wider rollout of lightweight 10-kg LPG cylinders for commercial users

State-owned oil companies are considering offering lightweight ten-kilogram LPG cylinders to commercial users. These composite cylinders could be sold at commercial rates through gas agencies and retail outlets. This expansion aims to benefit migrant workers and small businesses needing LPG. The lightweight cylinders are already available for domestic consumers under…

The Economic Times · Jul 13

India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?

India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 as soaring crude oil prices, LPG under-recoveries, weak fuel marketing margins and rupee depreciation squeeze profitability. Analysts say further fuel price hikes may be needed if crude…

The Economic Times · Jul 9

Slowing rural incomes could weigh on consumer demand: Dhananjay Sinha

Headline rural wage growth in India is misleading, with underlying increases significantly lower than reported. Rising inflation, reverse migration from cities, and an uncertain monsoon threaten to dampen rural demand. Consumer companies may face squeezed purchasing power as prices climb and real wages stagnate, potentially impacting their profitability and volume…

The Economic Times · Jun 23