Search For "oil market"
Sensex soars 600pts, Nifty above 10,500
Updated : 7 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 2 (ANI): Despite a sharp fall in the price of crude oil, market indices on Friday have gained significantly backed by banking, automobiles, energy, and pharmaceutical sectors.
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Five highways will have installations of LNG stations by next year
Updated : 7 years, 8 months ago IST
New Delhi [India], July 12 (ANI-NewsVoir): Leading oil marketing companies such as Petronet LNG Ltd., Indian Oil Corporation, BPCL and the like have huddled together to put up close to twenty LNG stations on various national highways to provide for LNG fed truck transport movement following
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Saudi Arabia confirms call with Trump on oil market stability
Updated : 7 years, 8 months ago IST
Riyadh [Saudi Arabia], June 30 (ANI): Saudi Arabia on Saturday confirmed that United States President Donald Trump and its King Salman have spoken about the "stability" of the oil markets, but made no mention of any deal for Riyadh to boost production.
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Cabinet approves hike in ex-mill ethanol prices
Updated : 2 years, 4 months ago IST
New Delhi [India], June 27 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday has approved to increase the ex-mill price of ethanol used in Public Sector Oil Marketing Companies (OMCs) to Rs 43.70 per litre. The ethanol derived out of C Heavy molasses now cost Rs, 40.85 per
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Saudi Aramco, India partner on $44 bn oil refinery
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr 11 (ANI): The world's biggest oil producer, Saudi Arabian Oil Co., or Saudi Aramco, has agreed to develop a "mega refinery" in Maharashtra with three Indian oil marketing companies, namely the Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petrol
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HPCL writes to Airtel on LPG subsidy issue
Updated : 2 years, 4 months ago IST
New Delhi [India], December 19 (ANI): State refiner Hindustan Petroleum Corporation (HPCL) on Monday wrote a letter to Airtel, seeking a reversal of subsidy amounts that have been wrongfully credited to the Airtel Payment bank accounts.
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Pradhan urges to step up petroleum products availability in NER
Updated : 8 years, 3 months ago IST
New Delhi [India], December 9 (ANI): Minister for Petroleum and Natural Gas Dharmendra Pradhan has urged the Oil Marketing Companies to step up the release of connections under Pradhan Mantri Ujjwala Yojana to cover all eligible households and to identify points for opening extension counter
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Is April 2018 date to roll out BS-VI fuel in Delhi feasible?
Updated : 8 years, 3 months ago IST
New Delhi [India], Nov. 16 (ANI): As a measure to reduce the toxicity in Delhi's air, which rises every year during the winters, Prime Minister Narendra Modi-led government on Wednesday advanced rolling out of Bharat Stage (BS)-VI fuel in the national capital by two years to April 2018. Read More
Integrated sugar mills to benefit from ethanol procurement price rise
Updated : 8 years, 4 months ago IST
New Delhi [India], Nov 8 (ANI): The five percent increase in the base price of ethanol for the procurement season 2017-18 (starting December 2017) for oil marketing companies (OMCs) is likely to result in an increase in the total contribution margin by around Rs. 200/MT of sugar produced for
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Oil Marketing Companies offer condolences to families of Ejipura building
Updated : 8 years, 5 months ago IST
Bengaluru (Karnataka) [India], Oct. 17 (ANI): The Oil Marketing Companies- Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd., and Bharat Petroleum Corporation Ltd. have extended their sincere condolences to the bereaved families of the victims of the Ejipura building collapse
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Negotiations underway, no surcharge on customers or petrol pump owners: Dh
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 9 (ANI): With petrol pumps across the nation deciding to postpone till January 13 their protest against the banks' decision to levy extra charge on card transactions, the Centre has assured that negotiations are underway between banks and oil marketing companies,
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Petrol pumps to accepts cards till Jan. 13, Centre assures consumers
Updated : 8 years, 6 months ago IST
New Delhi [India], Jan. 9 (ANI): With the Petrol Pumps Association deferring its decision of not accepting card payment for fuel purchase till January 13, Union Minister of Petroleum Dharmendra Pradhan on Sunday assured that the Merchant Discount Rate (MDR) imposed by the Reserve Bank of Ind
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