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No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
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Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
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Cooking Gas (LPG) Price Cut By Rs 198 Per Cylinder In Delhi, Effective Today
The price of cooking gas was cut by Rs 198 per cylinder in Delhi on Friday, according to Indian Oil Corporation.
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Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
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Sandeep K Gupta Is New Chairman Of Gas Authority Of India
Sandeep Kumar Gupta, Director (Finance) at Indian Oil Corporation, has been picked to head India's largest gas utility GAIL (India) Ltd
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Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
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Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
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Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
-
Indian Oil Gives Rs 2,424 Crore To Government As Dividend Tranche
Till now in the current fiscal, the government has received Rs 20,222 crore in terms of dividend from several state-owned entities
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Fuel Retailers To Ramp Up Charging Infrastructure For Electric Vehicles
The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070
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ONGC Videsh Starts Its First Oil, Gas Exploratory Drilling Campaign In Bangladesh
ONGC Videsh Ltd (OVL) on Thursday announced that it has started exploration of a well in an offshore block in Bangladesh. OVL has become the first Indian entity to search for oil and gas in the neighbouring nation.
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Indian Oil Expands JV With Malaysia's Petronas To Focus On LNG Plants
IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year, Vaidya said, adding his company aims to maximise yields of chemical products.
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Indian Oil-Petronas Joint Venture Plans To Retail Auto Fuels And Natural Gas In India
Addressing a press conference on first-quarter results, Chairman S M Vaidya said Indian Oil Petronas Pvt Ltd (IPPL) will set up petrol pumps and enter into retailing of transportation fuels as well as natural gas.
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Domestic Fuel Sales Recover As Lockdown Restrictions Ease In India
Gasoline sales during June 1-15 jumped 13 per centand diesel sales rose 12 per cent, compared with the same period last month.
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Indian Oil's 300,000 BPD East Coast Refinery To Be Shut For 3 Weeks
Indian Oil Corp Ltd's 300,000 barrels per day refinery on the country's east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday.
-
No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
-
Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
-
Cooking Gas (LPG) Price Cut By Rs 198 Per Cylinder In Delhi, Effective Today
The price of cooking gas was cut by Rs 198 per cylinder in Delhi on Friday, according to Indian Oil Corporation.
-
Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
-
Sandeep K Gupta Is New Chairman Of Gas Authority Of India
Sandeep Kumar Gupta, Director (Finance) at Indian Oil Corporation, has been picked to head India's largest gas utility GAIL (India) Ltd
-
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
-
Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
-
Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
-
Indian Oil Gives Rs 2,424 Crore To Government As Dividend Tranche
Till now in the current fiscal, the government has received Rs 20,222 crore in terms of dividend from several state-owned entities
-
Fuel Retailers To Ramp Up Charging Infrastructure For Electric Vehicles
The announcements by the country's fuel retailers came just days after Prime Minister chalked out plans to achieve net zero carbon emissions by 2070
-
ONGC Videsh Starts Its First Oil, Gas Exploratory Drilling Campaign In Bangladesh
ONGC Videsh Ltd (OVL) on Thursday announced that it has started exploration of a well in an offshore block in Bangladesh. OVL has become the first Indian entity to search for oil and gas in the neighbouring nation.
-
Indian Oil Expands JV With Malaysia's Petronas To Focus On LNG Plants
IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year, Vaidya said, adding his company aims to maximise yields of chemical products.
-
Indian Oil-Petronas Joint Venture Plans To Retail Auto Fuels And Natural Gas In India
Addressing a press conference on first-quarter results, Chairman S M Vaidya said Indian Oil Petronas Pvt Ltd (IPPL) will set up petrol pumps and enter into retailing of transportation fuels as well as natural gas.
-
Domestic Fuel Sales Recover As Lockdown Restrictions Ease In India
Gasoline sales during June 1-15 jumped 13 per centand diesel sales rose 12 per cent, compared with the same period last month.
-
Indian Oil's 300,000 BPD East Coast Refinery To Be Shut For 3 Weeks
Indian Oil Corp Ltd's 300,000 barrels per day refinery on the country's east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday.
