Search For "oil marketing"
PNGRB unveils comprehensive consumer protection framework for oil and gas
Updated : 5 months, 3 weeks ago IST
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.
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Mid-and small-cap firms deliver stronger Q2 results than large-caps: Repor
Updated : 6 months, 2 weeks ago IST
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.
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Oil PSUs LPG losses stands at Rs 53,700 cr, likely to get Govt subsidy of
Updated : 6 months, 2 weeks ago IST
Oil Marketing Companies (OMCs) continue to face heavy financial pressure from LPG under-recoveries, even as the government prepares to release subsidies over the coming months, highlighted a report by Nuvama Research.
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Despite US sanctions on Russian crude, margins of Indian oil companies to
Updated : 6 months, 3 weeks ago IST
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
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Commercial LPG cylinder prices hiked by Rs 15.50, no change in domestic ra
Updated : 8 months ago IST
Oil marketing companies have revised the prices of commercial LPG cylinders with effect from Wednesday October 1st.
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LPG losses of oil companies narrows 35% QoQ in Q1FY26: Report
Updated : 9 months, 2 weeks ago IST
The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline in the first quarter of FY26, narrowing by nearly 35 per cent quarter-on-quarter, according to a report by Care Edge Ratings.
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Hardeep Singh Puri hails Centre's Rs 30000 crore compensation to oil compa
Updated : 10 months ago IST
Despite a 63% hike in Saudi CP, the Modi government has kept LPG prices stable, insulating mothers and sisters from the price rise. Oil Marketing Companies (OMCs) have suffered heavy losses to make LPG available to kitchens at nearly half the cost at which it is sold in neighbouring count
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Cabinet approves Rs 30,000 crore as compensation to oil companies for LPG
Updated : 10 months ago IST
The Union Cabinet chaired by Prime Minister Narendra Modi has approved compensation amounting to Rs 30,000 crore to the three Public Sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under- recoveries incurred on sale of domestic LPG.
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Commercial LPG cylinder price cut by Rs 33.50; new rates effective from Au
Updated : 10 months ago IST
Oil marketing companies have reduced the price of a 19 kg commercial LPG gas cylinder by Rs 33.50, with the revised rates coming into effect from Thursday.
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Commercial 19-kg LPG cylinder price slashed by ₹58.50, no change in
Updated : 11 months, 1 week ago IST
While in Delhi, with the latest revision, the retail sale price of a 19 kg commercial LPG cylinder was set at Rs 1665, down from the previous rate. However, there was no change in the price of 14.2 kg domestic LPG cylinders, which are widely used in households.
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Any escalation in Middle-East crisis or sharp rise in crude prices will im
Updated : 11 months, 3 weeks ago IST
Any further escalation in the Middle-East crisis or a sharp rise crude prices could pose a serious risk to earnings, especially for Indian Oil Marketing Companies (OMCs) and gas companies.
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TruAlt Bioenergy Secures Oil Marketing Company (OMC) Status, Set to Launch
Updated : 11 months, 4 weeks ago IST
Bengaluru (Karnataka) [India], June 12: In a landmark development for India's energy transition, TruAlt Bioenergy Limited, India's largest ethanol producer and one of the country's leading integrated biofuels companies, has been officially granted authorisation as an Oil Marketing Company (O
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