New Delhi [India], Aug 23 (ANI): State-owned oil marketing companies (OMCs) led by Indian Oil have stopped jet fuel supply to Air India at six airports -- Kochi, Pune, Patna, Ranchi, Vizag and Mohali -- over payment defaults.
Mumbai (Maharashtra) [India], July 31 (ANI): Oil marketing firm Indian Oil Corporation (IOC) on Wednesday reported a 47.36 per cent year-on-year drop in standalone profit at Rs 3,596 crore in April to June quarter.
New Delhi (India), July 25 (ANI): Union Petroleum Minister Dharmendra Pradhan on Thursday held discussions here with his Saudi Arabian counterpart Khalid Al-Falih to further enhance bilateral hydrocarbon cooperation between the two countries and also deliberated on the prevailing global oil
New Delhi [India], July 15 (ANI): Nearly 86 per cent of Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries, who are at least one year old have returned for the second refill of LPG cylinder, Petroleum Minister Dharmendra Pradhan in the Lok Sabha on Monday quoting Oil Marketing Companies (OMC
Mumbai (Maharashtra) [India], June 4 (ANI): The government-owned oil marketing companies Indian Oil, Hindustan Petroleum and Bharat Petroleum have signed an agreement to form a joint venture company for the country's largest LPG pipeline project from Kandla in Gujarat to Gorakhpur in Utta
Mumbai (Maharashtra) [India], Apr 23 (ANI): Equity benchmark indices turned volatile during early trading on Tuesday with stocks of oil marketing firms continuing to be in the negative territory on worries over rising global crude oil prices.
Mumbai (Maharashtra) [India], Apr 3 (ANI): Equity benchmark indices hit all-time highs on Wednesday morning but afternoon trade wiped out early gains as shares of the oil marketing companies slipped sharply into the red.
Bhubaneswar [Orissa], Dec 28 (ANI): Oil marketing companies like IOCL, BPCL, HPCL under the Petroleum and Skill Development Ministry have taken a CSR initiative to set up manufacturing units of "Ujjwala" Sanitary Napkins at the Common Service Centres across Odisha. The move is expected to em
Moscow [Russia], Dec 12 (Sputnik/ANI): The Organization of the Petroleum Exporting Countries (OPEC) has not revised its forecast for global economic growth, and it remains at 3.7 per cent for 2018 and at 3.5 per cent for the next year, OPEC said in its Monthly Oil Market Report released on W
Vienna [Austria], Dec 8 (ANI): In an aim to boost global oil markets, member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies on Friday decided to slash crude oil production by 1.2 million barrels per day.
New Delhi [India], Nov 12 (ANI): Continuing the declining trend that has been going for the past couple of days, oil marketing firms across the country once again slashed the rates for transportation fuels on Monday.
New Delhi [India], Nov 4 (ANI): A Memorandum of Understanding (MoU) for collaboration in LPG services was signed here today between Oil Marketing Companies (IOCL, HPCL & BPCL) and CSC e-Governance Services India Limited in the presence of Minister of Law and Justice and Electronics and Info