Oil Marketing Companies increase dealer margins

In a significant decision coinciding with the festival of Dhanteras, the Oil Marketing Companies (OMCs) on Tuesday...

OMCs’ operating profit to drop by 30% in FY25: Crisil

Oil marketing companies (OMCs) will see operating profit drop to USD 12-14 per barrel in fiscal 2025 from USD 20 per...

Commercial LPG cylinder prices hiked by Rs 48.50

The oil marketing companies on Tuesday announced a hike in the prices of commercial LPG gas cylinders, effective...

IOC withdraws proposed Rs 22,000 cr rights issue

The decision was made during the company's Board meeting held on Monday, September 30th, following the government's...

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...

Bharat Petroleum Partners with Indian Olympic Association

New Delhi/ Mumbai (Maharashtra) [India], July 2: Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and a...