hindustan petroleum

Government committing fraud, says CPI-M


September 14th, 2012 - 3:44 pm ICT by IANS
New Delhi, Sep 14 (IANS) The CPI-M Friday accused the government of committing a "gigantic fraud" by hiking fuel prices at a time when Indian oil companies were making huge ... Read more...

Posted in Politics |

Government inks production sharing contract for 5th oil block


September 10th, 2012 - 6:59 pm ICT by IANS
New Delhi, Sep 10 (IANS) The government Monday signed a production sharing contract (PSC) for the fifth oil block it had awarded on Aug 28, 2012."PSC for the block (MB-DWN-2010/1) ... Read more...

Posted in Business |

Hike likely in diesel, LPG, kerosene prices


September 5th, 2012 - 8:50 pm ICT by IANS
New Delhi, Sep 5 (IANS) The oil ministry has moved a cabinet note seeking a hike in diesel, cooking gas and kerosene prices and limiting supply of subsidised cooking gas ... Read more...

Posted in Business |

No deregulation of diesel, kerosene, LPG prices


August 21st, 2012 - 8:18 pm ICT by IANS
New Delhi, August 21 (IANS) The government has no plans to deregulate diesel, cooking gas (LPG) and kerosene prices by withdrawing subsidy on them, Minister of State for Petroleum ... Read more...

Posted in Business |

Jet fuel price hiked by 3.2 percent


August 16th, 2012 - 4:29 pm ICT by IANS
New Delhi, August 16 (IANS) Jet fuel or aviation turbine fuel (ATF) price was hiked Thursday by over 3.2 percent, according to the Indian Oil Corporation (IOC).Jet fuel constitutes over ... Read more...

Posted in Business |

Shetty, Senhora top seeds at all-Mumbai table tennis


August 15th, 2012 - 9:47 pm ICT by IANS
Mumbai, Aug 15 (IANS) India No.3 Sanil Shetty and Hindustan Petroleum's Senhora D'Souza have been named top seeds for the men's and women's singles events, respectively, at the PRO-TT Academy ... Read more...

Posted in Sports |

Jet fuel price hiked by 4.5 percent


August 1st, 2012 - 5:50 pm ICT by IANS
New Delhi, August 1 (IANS) Oil marketing companies (OMC) Wednesday hiked aviation turbine fuel (ATF) or jet fuel price by 4.5 percent for the second time in a month. According ... Read more...

Posted in Business |

Government may reduce subsidised LPG cylinders to rich


July 18th, 2012 - 10:13 pm ICT by IANS
Bangalore, July 18 (IANS) The central government is mulling reducing the subsidy on cooking gas by limiting supply of LPG cylinders to those who do not belong to the economically ... Read more...

Posted in Business |

Indian Oil, Reliance lead Indian 8 in Fortune 500


July 10th, 2012 - 11:24 am ICT by IANS
Washington, July 10 (IANS) Eight Indian companies have made it to Fortune magazine's 2012 list of world's 500 largest companies with public sector Indian Oil and Mukesh Ambani-led Reliance ... Read more...

Posted in Business |

Petrol to be cheaper by Rs.2.46 a litre (Second Lead)


June 28th, 2012 - 10:45 pm ICT by IANS
New Delhi, June 28 (IANS) India's three oil marketing companies (OMCs) have decided to reduce petrol prices by a minimum of Rs.2.46 a litre, depending on states' sales taxes, from ... Read more...

Posted in Business |

Government launches web-portal to curb LPG black-marketing


June 22nd, 2012 - 4:47 pm ICT by IANS
New Delhi, June 22 (IANS) In a bid to curb black-marketing of domestic cooking gas, the government Friday launched a web-portal that will empower nearly 14 crore users of liquified ... Read more...

Posted in Business |

Under huge financial strain: Oil marketing companies


June 3rd, 2012 - 9:12 pm ICT by IANS
New Delhi, June 3 (IANS) Three state-run oil marketing companies Sunday said they are under "huge financial strain" due to selling diesel, kerosene and cooking gas at subsidised rates and ... Read more...

Posted in Business |

Petrol price cut by Rs.2 a litre (Second Lead)


June 2nd, 2012 - 9:23 pm ICT by IANS
New Delhi, June 2 (IANS) In a partial roll-back, oil marketing companies cut petrol prices by Rs.2 a litre with effect from midnight Saturday after crude prices softened in the ... Read more...

Posted in Politics |

Petrol bunks go dry in three Tamil Nadu districts(Lead)


May 29th, 2012 - 12:33 am ICT by IANS
Chennai, May 28 (IANS) An acute shortage of petrol and diesel has hit three districts of Tamil Nadu with nearly 1,000 bunks going dry, a petroleum dealer said Monday.The shortage ... Read more...

Posted in Business |

Petrol bunks go dry in three Tamil Nadu districts


May 28th, 2012 - 5:42 pm ICT by IANS
Chennai, May 28 (IANS) An acute shortage of petrol and diesel has hit three districts of Tamil Nadu with nearly 1,000 bunks going dry, a petroleum dealer said Monday. Officials ... Read more...

Posted in Business |

Would cut petrol prices if crude prices fall: IOC


May 24th, 2012 - 9:12 pm ICT by IANS
New Delhi, May 24 (IANS) Amidst country-wide outrage over the steepest rise of petrol prices by Rs.7.5 a litre, Indian Oil Corp Thursday said it will not roll back the ... Read more...

Posted in Business |

Sensex up 222.60 points in noon trade


May 24th, 2012 - 2:30 pm ICT by IANS
Mumbai, May 24 (IANS) A benchmark index of Indian equities markets was trading 222.60 points higher around 12.30 p.m. Thursday on a healthy buying spree in bank, oil ... Read more...

Posted in Business |

Court notice on villagers’ plea against oil depot (Lead)


May 2nd, 2012 - 8:21 pm ICT by IANS
New Delhi, May 2 (IANS) The Delhi High Court Wednesday issued notice to Hindustan Petroleum Corp and the National Disaster Management Authority on a plea by villagers opposing the construction ... Read more...

Posted in Business |

Court notice on villagers’ plea against oil depot


May 2nd, 2012 - 7:41 pm ICT by IANS
New Delhi, May 2 (IANS) The Delhi High Court Wednesday issued notice to Hindustan Petroleum Corp and the National Disaster Management Authority on a plea by villagers opposing the ... Read more...

Posted in Business |

Oil marketing firms losing Rs.518 crore per day


May 1st, 2012 - 5:49 pm ICT by IANS
New Delhi, May 1 (IANS) Oil marketing companies are losing Rs.518 crore per day on sale of diesel, kerosene and domestic liquefied petroleum gas (LPG), government data showed Tuesday.Oil ... Read more...

Posted in Business |

PM launches Rs.21,500 crore Bathinda refinery


April 28th, 2012 - 2:08 pm ICT by IANS
Bathinda (Punjab), April 28 (IANS) Prime Minister Manmohan Singh Saturday inaugurated the Rs.21,500 crore Guru Gobind Singh Refinery in Punjab's Bathinda district.Considered one the biggest investments in Punjab since ... Read more...

Posted in Business |

PM to inaugurate Bathinda refinery


April 19th, 2012 - 1:06 pm ICT by IANS
Chandigarh, April 19 (IANS) The Rs.21,500 crore Guru Gobind Singh Refinery near Bathinda town - the largest investment in Punjab since independence - will be formally inaugurated by Prime ... Read more...

Posted in Uncategorized |

Bathinda refinery to be inaugurated in April


March 29th, 2012 - 6:47 pm ICT by IANS
Chandigarh, March 29 (IANS) The Rs.21,500 crore Guru Gobind Singh Refinery near Bathinda town in southwest Punjab will be formally inaugurated next month, a senior official said here Thursday.The project, ... Read more...

Posted in Business |

Petrol price hike in the offing as crude soars


March 23rd, 2012 - 6:19 pm ICT by IANS
New Delhi, March 23 (IANS) Consumers may have to bear another round of price hike in auto and cooking fuels as the government is mulling a review in the wake ... Read more...

Posted in Business |

Airlines should tie-up with suppliers to import jet fuel


February 16th, 2012 - 9:38 pm ICT by IANS
New Delhi, Feb 16 (IANS) The civil aviation ministry Thursday said domestic airlines interested in importing jet fuel should tie up with suppliers who have the infrastructure to import ... Read more...

Posted in Business |

Jet fuel price cut by Rs.350.70 a kilolitre


February 16th, 2012 - 7:52 pm ICT by IANS
New Delhi, Feb 16 (IANS) State-owned oil marketing companies (OMCs) Thursday cut aviation fuel prices by Rs.350.70 or 0.56 percent a kilolitre (kl), effective from midnight Friday.With this, the ... Read more...

Posted in Business |

Century on, end of a bullock cart saga in Mumbai (With Images)


February 8th, 2012 - 1:43 pm ICT by IANS
Mumbai, Feb 8 (IANS) Rain or shine, they would deliver their ware. But, following a sustained campaign by an animal rights group and celebrities, Maharashtra has finally brought the curtains ... Read more...

Posted in Health Science |

Government approves direct jet fuel import, Air India debt plan (Lead)


February 7th, 2012 - 4:00 pm ICT by IANS
New Delhi, Feb 7 (IANS) An empowered group of ministers (EGoM) led by Finance Minister Pranab Mukherjee Tuesday allowed domestic airlines to directly import fuel and approved Air India's ... Read more...

Posted in Business |

Jet fuel price cut by Rs.1,974 a kilolitre


January 31st, 2012 - 9:09 pm ICT by IANS
New Delhi, Jan 31 (IANS) State-owned oil marketing companies (OMCs) Tuesday cut aviation fuel prices by Rs.1,974.29 or 3.04 percent a kilolitre (kl), effective from midnight Wednesday, as an ... Read more...

Posted in Business |

Jet fuel price cut by Rs.622 a kilolitre


December 31st, 2011 - 10:43 pm ICT by IANS
New Delhi, Dec 31 (IANS) State-owned oil marketing companies (OMCs) slashed the jet fuel rates by Rs.622.33 or 1.05 percent a kilolitre (kl), effective from midnight Saturday, as crude ... Read more...

Posted in Business |

Petrol prices lowered by 65 paise a litre (Lead)


November 30th, 2011 - 10:53 pm ICT by IANS
New Delhi, Nov 30 (IANS) A fortnight after giving consumers relief for the first time in almost three years, India's fuel retailers again cut petrol prices Wednesday -- by 65 ... Read more...

Posted in Business |

Air India owes Rs.2,310 crore to oil firms


November 23rd, 2011 - 6:52 pm ICT by IANS
New Delhi, Nov 23 (IANS) The government Wednesday said the debt-ridden national carrier Air India currently owes Rs.2,310 crore (over $440 million) to the state-run oil marketing companies."At the ... Read more...

Posted in Business |

Unfair to write Kingfisher’s epitaph: Mallya (Lead)


November 15th, 2011 - 6:06 pm ICT by IANS
Mumbai, Nov 15 (IANS) Kingfisher Airlines chairman Vijay Mallya Tuesday came out strongly in defence of the carrier, refuting media reports that the airline was on verge of collapse and ... Read more...

Posted in Business |

Planning fuel imports to cut costs: Mallya


November 15th, 2011 - 4:25 pm ICT by IANS
Mumbai, Nov 15 (IANS) Cash-strapped Kingfisher Airlines chairman Vijay Mallya Tuesday said they were planning to directly import jet fuel to cut costs."We have applied officially to the ministry of ... Read more...

Posted in Business |

Pranab backs hike, but hopes Trinamool’s complaints will be resolved


November 5th, 2011 - 7:08 pm ICT by IANS
Kolkata, Nov 5 (IANS) Union Finance Minister Pranab Mukherjee Saturday described as "legitimate" the concern expressed by the Trinamool Congress over the latest petrol price hike but hoped that ... Read more...

Posted in Politics |

« Previous Entries

Subscribe