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Oxygen to Oil Companies 07 November 2013
The Government of India sanctioned a sum of Rs.8772 crores to Indian oil retailing companies who sustained loss in the quarter ending 30th September on diesel, cooking gas and Kerosene due to the sale at below cost. Indian Oil Corporation,...
Keywords: Government subsidy to oil retail companies, ONGC, OIL, GAIL
Read MorePetrol rates slashed by Rs 2, diesel untouched 16 March 2013
Fuel retailers have pared the petrol prices by Rs 2 effective starting Saturday, after the international prices slashed. The benefits of the price slash have been forwarded to the public, unlike before, in terms of petrol. However, the government still...
Keywords: diesel price, Petrol rates slashed by Rs 2, petrol prices slashed, diesel price
Read MorePetrol, Diesel Prices To Change Everyday Effective From May 1 12 April 2017
The prices of the petrol and diesel, will change on daily basis, with international rates, effective from May 1. This initiative implies that, a customer has to pay a different price for petrol or diesel everyday, at the petrol pumps...
Keywords: Petrol Prices, Petrol and diesel prices, Hindustan Petroleum, Hindustan Petroleum
Read MoreRajanthan gets an Oil refinery worth Rs 36,000 Cr 06 March 2013
Rajasthan will now have its own icon of economic growth in the state as the Hindustan Petroleum Corporation Limited (HPCL) board members have approved the Rajasthan government's proposal to set up the 19th oil refinery of the country in Barmer....
Keywords: land acquisition, land acquisition, veerappa moily, HPCL
Read MoreMajor blast at HPCL Vizag 17 May 2013
A major fire broke in Hindustan Petroleum Corporation (HPCL) refinery at Visakhapatnam last night at about 10.30 pm. A blast occurred which triggered crude oil in the pipe line that made a big disaster causing fire rise as high as...
Keywords: 300 employees working in unit CD-1, HPCL refinery in Malkapuram, CD-3, CD-3
Read MoreOil marketing companies push for Rs. 5 petrol price hike 07 March 2012
“We are losing Rs 5.10 per litre on petrol currently,” a senior oil company official said. With the conclusion of elections in five states, India’s three oil marketing companies met the government on Tuesday to push for an increase of...
Keywords: international crude prices, cooking gas, Indian Oil Corp, diesel
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