Search For "oil market"
Oil marketing companies increase price of 19 kg commercial LPG cylinder by
Updated : 1 year, 6 months ago IST
After the hike, the retail sales price of a 19 kg commercial LPG cylinder in Delhi is Rs 1,691.50.
Read More
MoPNG initiates transition from steel to new age fiber-based LPG cylinders
Updated : 1 year, 7 months ago IST
As of July 1, there are 32.68 crore active domestic LPG consumers being served by public sector Oil Marketing Companies (OMCs). To ensure a steady supply of refills and to accommodate new LPG connections, OMCs have over 50 crore cylinders in circulation, most of which are steel cylinders.
Read More
TruAlt Bioenergy Secures Major Order Worth Over Rs 390 Crore for 1G Bioeth
Updated : 1 year, 8 months ago IST
Bangalore (Karnataka) [India], July 16: TruAlt Bioenergy, one of India's largest biofuel and bioenergy companies has secured a significant order worth over Rs 390 crore from leading Oil Marketing Companies (OMCs) including Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation
Read More
Pak govt raises petrol by PKR 9.99, diesel by PKR 6.18 due to global marke
Updated : 1 year, 8 months ago IST
According to a notification from the Finance Division, petrol prices surged by PKR 9.99 per litre, reaching PKR 275.6/ltr, while HSD saw a rise of PKR 6.18/ltr, settling at PKR 283.63/ltr for the upcoming fortnight.
Read More
MoPNG issues clarification on Biometric Aadhaar Authentication of LPG Cons
Updated : 1 year, 8 months ago IST
Standard Operating Procedure of Pradhan Mantri Ujjwala Yojana (PMUY) also clearly mentions biometric authentication as a prerequisite to apply for a new connection. Significant numbers of Biometric Aadhaar Authentications (more than 35 lakh PMUY beneficiaries) were successfully conducted
Read More
Aadhar authentication for LPG is being done to check bogus customers: Hard
Updated : 1 year, 8 months ago IST
Union Minister Hardeep Singh Puri says that the oil marketing companies are undertaking eKYC (Electronic Know Your Customer) Aadhar authentication for LPG customers to check bogus customers against whose name commercial cylinders are often booked by many gas distributors.
Read More
BPCL Partners with Indian Olympic Association as Principal Sponsor from Pa
Updated : 1 year, 8 months ago IST
New Delhi/ Mumbai (Maharashtra) [India], July 2: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a Fortune Global 500 Company, proudly announces its partnership with the Indian Olympic Association (IOA) as the official Principal Partner for four years, starting from Paris Olym
Read More
Oil marketing companies reduce prices of LPG commercial cylinders by Rs 30
Updated : 1 year, 8 months ago IST
The price of the commercial LPG cylinder of 19 Kg has been slashed by Rs 30. Consequently, the new retail sales price of a 19 Kg commercial LPG cylinder in Delhi is now Rs 1646.
Read More
India's downstream oil and gas profits to fall; upstream to remain strong:
Updated : 1 year, 8 months ago IST
Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in March 2025 (FY25), buoyed by rising consumer, industrial, and infrastructure needs.
Read More
IEA's new outlook predicts era of abundant oil supply until 2030; good for
Updated : 1 year, 9 months ago IST
The International Energy Agency (IEA) has released its latest medium-term oil market outlook, which examines how India's involvement in the global oil market may change between now and 2030. The report examines energy transition patterns that may affect oil demand in various industries, and
Read More
Oil marketing companies reduce prices of commercial LPG cylinders by Rs 69
Updated : 1 year, 9 months ago IST
Effective today, the rate of 19 kg commercial LPG cylinders has been slashed by Rs 69.50 in Delhi, with the retail sales price now standing at Rs 1676.
Read More
Profit of oil companies will decrease in FY25 as refining margin drops
Updated : 1 year, 9 months ago IST
The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of Indian Refiners moderated to an average of USD 10 - 12/bbl. According to a report by CareEdge ratings, the GRM of oil companies will reduce further to USD 6-8 in FY25
Read More