Oil cos making profit of Rs 15/lt on Petrol, Rs 12/lt on Diesel

With crude prices going down, oil marketing companies (OMCs) are making huge profits by selling petrol and diesel.

India to boost crude oil refining capacity by 35-40 MT by Fiscal

India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40...

Oil marketing companies hike price of 19 kg LPG cylinder

After the hike, the retail sales price of a 19 kg commercial LPG cylinder in Delhi is Rs 1,691.50.

MoPNG announces fiber-based LPG cylinders

As of July 1, there are 32.68 crore active domestic LPG consumers being served by public sector Oil Marketing...

TruAlt Bioenergy Secures Major Order Worth Over Rs 390 Crore

Bangalore (Karnataka) [India], July 16: TruAlt Bioenergy, one of India's largest biofuel and bioenergy companies has...

MoPNG issues clarification on Aadhaar Authentication of consumers

Standard Operating Procedure of Pradhan Mantri Ujjwala Yojana (PMUY) also clearly mentions biometric...

Aadhar authentication for LPG being done to check bogus customer

Union Minister Hardeep Singh Puri says that the oil marketing companies are undertaking eKYC (Electronic Know Your...

Oil marketing companies reduce prices of LPG commercial cylinders

The price of the commercial LPG cylinder of 19 Kg has been slashed by Rs 30. Consequently, the new retail sales...

India’s downstream oil and gas profits to fall

Fitch projects a 3 per cent-4 per cent increase in India's petroleum product demand for the fiscal year ending in...

Oil marketing companies reduce prices of commercial LPG cylinders

Effective today, the rate of 19 kg commercial LPG cylinders has been slashed by Rs 69.50 in Delhi, with the...

Profit of oil companies will decrease in FY25 as margin drops

The Gross Refining Margin (GRM) of Indian oil companies in FY23 was at USD 16-18/ Barrel (bbl), in FY24 the GRM of...

India again slashes windfall tax on petroleum crude

India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in...