Search For "oil marketing"
Oil Marketing Companies increase dealer margins, introduce freight rationa
Updated : 1 year, 7 months ago IST
In a significant decision coinciding with the festival of Dhanteras, the Oil Marketing Companies (OMCs) on Tuesday announced an increase the Dealer Commission payable to petrol pump dealers.
Read More
OMCs' operating profit to drop by 30% in FY25 amid diesel spread softening
Updated : 1 year, 7 months ago IST
Oil marketing companies (OMCs) will see operating profit drop to USD 12-14 per barrel in fiscal 2025 from USD 20 per barrel last fiscal, said report.
Read More
Commercial LPG cylinder prices hiked by Rs 48.50
Updated : 1 year, 8 months ago IST
The oil marketing companies on Tuesday announced a hike in the prices of commercial LPG gas cylinders, effective from today (October 1st), according to the sources.
Read More
IOC withdraws proposed Rs 22,000 cr rights issue amid lack of government p
Updated : 1 year, 8 months ago IST
The decision was made during the company's Board meeting held on Monday, September 30th, following the government's decision not to allocate funds for capital support to oil marketing companies (OMCs) in the Union Budget for 2024-25.
Read More
Oil marketing companies making profit of Rs 15/lt on Petrol, Rs 12/lt on D
Updated : 1 year, 8 months ago IST
With crude prices going down, oil marketing companies (OMCs) are making huge profits by selling petrol and diesel.
Read More
India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Cri
Updated : 1 year, 8 months ago IST
India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said.
Read More
Oil marketing companies increase price of 19 kg commercial LPG cylinder by
Updated : 1 year, 9 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, 10 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, 10 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
MoPNG issues clarification on Biometric Aadhaar Authentication of LPG Cons
Updated : 1 year, 11 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, 11 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, 11 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