Search For "oil marketing"
Rs 5 lakh ex-gratia for any coronavirus-related death of LPG supply chain
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 30 (ANI): Oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum on Monday announced an ex-gratia amount of Rs 5 lakh in case of coronavirus-related death of any liquefied petroleum gas (LPG) delivery boy or other personnel involved in the supply
Read More
Dharmendra Pradhan holds review meet with OMCs via video conferencing
Updated : 6 years, 2 months ago IST
New Delhi [India], Mar 27 (ANI): Minister of Petroleum and Natural Gas, Dharmendra Pradhan, on Friday held a video conference with state-level teams of Oil Marketing Companies (OMCs) to ensure an adequate supply of fuel amid the nationwide lockdown imposed as a precautionary measure to conta
Read More
IndianOil reports three-fold jump in Q3 profit at Rs 2,339 crore
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Jan 30 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Thursday reported a three-fold increase in its standalone net profit at Rs 2,339 crore during the third quarter of current fiscal as against Rs 717 crore in Q3 FY19.
Read More
Indian Oil's second quarter net profit down by 83 pc to Rs 563 crore
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI): Oil marketing firm Indian Oil Corporation (IOC) on Thursday reported 83 per cent dip in net profit to Rs 563 crore for the second quarter ended September due to a slump in revenue and fall in gross refinery margins.
Read More
Equities flat in early trading, telecom stocks gain
Updated : 6 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): Equity indices were subdued during early hours on Wednesday in line with Asian markets ahead of the US Federal Reserve's interest rate decision due to be announced later today.
Read More
Sensex falls by 262 points, oil marketing firms worst hit after Saudi atta
Updated : 6 years, 8 months ago IST
Mumbai (Maharashtra) [India], Sept 16 (ANI): Equity benchmark indices extended declines in the afternoon session to close with a negative bias on Monday as global oil prices surged to four-month highs after a strike on the world's biggest oil facility in Saudi Arabia removed about 5 per c
Read More
Centre revises prices for ethanol procurement
Updated : 6 years, 9 months ago IST
New Delhi [India], Sept 3 (ANI): The Union government on Tuesday announced revised prices of procurement for ethanol for Oil Marketing Companies which will be applicable from Dec 1 this year.
Read More
Stoppage of fuel supplies due to shortage of funds: Air India Chairman
Updated : 6 years, 9 months ago IST
New Delhi [India], Aug 25 (ANI): The Chairman and Managing Director of Air India, Ashwani Lohani on Sunday said that stoppage of fuel supplies at six airports from Oil Marketing Companies (OMCs) is because of an overall shortage of funds.
Read More
PSU OMCs stop supply to Air India as it fails to pay dues
Updated : 6 years, 9 months ago IST
Mumbai (Maharashtra) [India], Aug 23 (ANI): PSU Oil Marketing Companies - Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) - have been constrained to suspend supply of jet fuel to Air India and Alliance Air flights at six airports
Read More
Oil companies stop fuel supply to Air India at six airports over payment d
Updated : 6 years, 9 months ago IST
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.
Read More
Indian Oil Q1 net profit plunges 47 pc to Rs 3,596 crore, refining margins
Updated : 6 years, 10 months ago IST
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.
Read More
86 per cent of PMUY beneficiaries have returned for a second refill: Pradh
Updated : 6 years, 10 months ago IST
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
Read More