Due to the current West Asia geopolitical situation and blockade on LPG imports, available supplies are being carefully rationed to ensure wider coverage, with domestic households being the top priority. The three major state-run oil marketing companies (OMCs) have initiated a judicial distr
A commercial LPG shortage is affecting hotels and restaurants nationwide, with many forced to suspend operations. The government has formed a three-member committee to address grievances and prioritise domestic LPG supply.
The government has taken several steps to ramp up supply of domestic cooking gas in view of the conflict in West Asia and oil marketing companies will also talk to the various restaurant associations to understand their problems of LPG supply, sources said on Tuesday.
Indian Oil Corporation has initiated measures to enhance Liquefied Petroleum Gas (LPG) production and prioritise its availability for domestic consumers following geopolitical disruptions to global fuel supplies. In a statement on Tuesday, the corporation confirmed that the Ministry has t
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
OCAC criticised OGRA for delaying the ECC-approved margin increase for oil marketing companies and linking it fully to 100% digitisation. It urged immediate notification of at least half the hike, proposed a "Digitisation Fund," and sought reimbursement for ATG and track-and-trace investment
Oil marketing companies have raised the price of the 19 kg commercial LPG cylinder by Rs 111, effective immediately. Following this revision, the retail sale price of a 19 kg commercial LPG cylinder in Delhi now stands at Rs 1,691.50
In a bid to curb vehicular pollution and enforce stricter compliance with emission norms, the State Transport Authority (STA) in Odisha has directed oil marketing companies to stop dispensing petrol and diesel to vehicles without a valid Pollution Under Control Certificate (PUCC).
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
The comprehensive framework establishes fundamental rights for consumers while creating a standardized four-tier grievance redressal mechanism applicable to all City Gas Distribution entities, oil marketing companies, LPG distributors, and retail outlets.
Mid-cap and small-cap companies delivered better-than-expected results in the second quarter of FY26, outperforming large-cap firms, according to a report by Antique, a stock broking company.