Government to provide ₹35,000 crore subsidy to Indian Oil, BPCL, and HPCL for fuel losses, distributed over two years.
Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to ensure transparency and reflect the volatility in global markets. These daily adjustments take into account ...
The Ministry of Road Transport and Highways (MoRTH) is advancing a corridor-based approach to highway development, emphasising consistent standards, user convenience, and logistics efficiency, ...
The government is expected to grant a Rs 35,000 crore subsidy to state-owned fuel retailers Indian Oil Corporation Ltd (IOC), ...
The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat ...
India's Hindustan Petroleum Corporation Limited (HPCL) has received its first LNG cargo at its newly commissioned import ...
The total under-recovery on LPG sales for the industry in the current fiscal is estimated at about Rs 40,500 crore.
Oil and Gas stocks were trading in red, with the BSE Oil & Gas index decreasing 577.09 points or 2.16% at 26195.56 at 13:42 IST.
Police in Kozhikode seize 18,000 litres of adulterated fuel, searching for buyers and suppliers; investigation ongoing.
Products weighing 12,000 litres were kept in 12 cans of 1,000 litres capacity, and 6,000 litres were kept in a vehicle used ...
Oil and Gas stocks were trading with gains, with the BSE Oil & Gas index increasing 299.74 points or 1.14% at 26655.64 at 09:42 IST.
Energy experts told Moneycontrol that the companies are unlikely to cut fuel prices as OMC profitability has dipped in the current fiscal so far compared to last year.