Search For "oil market"
Petrol pumps in 24 states not to buy fuel from OMCs today, demand higher c
Updated : 3 years, 9 months ago IST
New Delhi [India], May 31 (ANI): A petrol pump dealers' association has announced that no purchase of petrol and diesel will be done from oil marketing companies (OMC) on Tuesday as a mark of protest against no increase in the commission of petrol pumps by the OMCs.
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BPCL posts highest-ever annual revenue from operations of Rs 433,406.48 cr
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 26 (ANI/PRNewswire): Bharat Petroleum, the second-largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, has posted a net profit of Rs 8,788.73 Crore in FY22.
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Indian Oil, BPCL, HPCL sign tripartite deal for ethanol plants
Updated : 3 years, 10 months ago IST
New Delhi [India], May 11 (ANI): Government-run oil marketing companies - Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) - have entered into a long-term purchase agreement for upcoming dedicated ethanol p
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Kerala HC sets aside interim order for levying Diesel prices at par with r
Updated : 3 years, 10 months ago IST
Kochi (Kerala) [India], May 6 (ANI): The Kerala High Court's vacation bench, on Friday, set aside an interim order of its single bench that directed the state-owned Oil Marketing Companies (OMC) to levy the price of High-Speed Diesel (HSD) for Kerala State Road Transport Corporation (KSRTC)
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Oil marketing companies to organise 5,000 LPG panchayats on May 1
Updated : 3 years, 10 months ago IST
New Delhi [India], April 30 (ANI): Oil marketing companies, which include Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation, are scheduled to organise more than 5,000 LPG panchayats across the country on May 1 to celebrate Ujjwala Diwas.
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Oil sees biggest weekly loss in 2 years, US crude below USD 100 as Biden r
Updated : 3 years, 11 months ago IST
New York [US], April 2 (ANI/Sputnik): Oil markets entered April with their worst weekly loss in two years as the Biden administration announced the largest ever crude reserve release that sent the benchmark US price below the key USD 100-per-barrel support.
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Sanjay Khanna takes over as Director Refineries, BPCL
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], February 23 (ANI/NewsVoir): Sanjay Khanna takes over as Director Refineries, BPCL on 22nd Feb'22. A Chemical Engineering graduate from NIT, Tiruchirapalli and Post Graduate in Finance Management from Mumbai University, he has more than 30 years of experience in
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Fuel demand boosts oil marketing companies' petroleum product sales: Fitch
Updated : 4 years, 1 month ago IST
New Delhi [India], February 8 (ANI): Transportation fuel demand shows signs of improving to pre-pandemic levels from FY23 as visible from petroleum product sales for the OMCs (oil marketing companies) which increased between 8 per cent -11 per cent during the nine months ended December of fi
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Oil marketing firms release 8.1 lakh 5 kg LPG connections under PMUY
Updated : 4 years, 1 month ago IST
New Delhi [India], February 3 (ANI): The oil marketing companies (OMCs) have released 8.1 lakh 5 kg connections to Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries who have the option to select 5 kg or 14.2 kg cylinder connections.
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Commercial 19 kg LPG cylinder prices slashed by Rs 91.50
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): National Oil Marketing companies have slashed the prices of 19 kg commercial LPG cylinder cost by Rs 91.50 effective from February 1.
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Pakistan: Foreign oil companies extracting billions of rupees, says retire
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 25 (ANI): The Chairman of Pakistan Qaumi Ittehad retired Justice Wajihuddin Ahmed on Tuesday said that the oil refineries of the country are closed down while foreign companies are importing duty-free petrol and extracting billions of rupees.
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Pak oil firms make huge profits through tax-free imports
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 24 (ANI): While Pakistan's trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports.
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