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 |
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 |
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 |
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 |
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 |
No government role in petrol price hike: Pranab
November 5th, 2011 - 6:18 pm ICT by IANS
Kolkata, Nov 5 (IANS) Defending the government on the recent petrol price hike, Finance Minister Pranab Mukherjee Saturday said the decision on the increase was taken by oil firms, ... Read more...
Posted in Uncategorized |
Forced to hike petrol prices, say government, oil firms
November 4th, 2011 - 8:55 pm ICT by IANS
New Delhi, Nov 4 (IANS) Criticised over another petrol hike amid high inflation, the government and oil firms Friday defended themselves saying the hike could not be avoided as ... Read more...
Posted in Uncategorized |
Fresh petrol price hike of Rs.1.80 per litre
November 3rd, 2011 - 11:35 pm ICT by IANS
New Delhi, Nov 3 (IANS) Oil marketing companies Thursday raised petrol prices by Rs.1.80 per litre effective from midnight, just over a month and a half since the last ... Read more...
Posted in Business |
Public fumes, as petrol prices hiked again (Roundup)
September 15th, 2011 - 8:36 pm ICT by IANS
New Delhi, Sep 15 (IANS) Petrol prices were hiked for the 10th time since June 2010, by a little over Rs.3 a litre from Friday, as India's oil retailers ... Read more...
Posted in Business |
Petrol prices to rise by Rs 2.54 per litre from midnight tonight
January 15th, 2011 - 10:02 pm ICT by ANI
New Delhi, Jan 15 (ANI): Following an increase in international crude oil prices, state-owned oil companies raised petrol prices by Rs 2.50-Rs 2.54 per litre for the second time in a month, ... Read more...
Posted in Business |
11 dead as oil depot still burns, probe begins (Lead)
November 2nd, 2009 - 8:07 pm ICT by IANS
Jaipur, Nov 2 (IANS) Loud explosions were heard Monday as a devastating fire raged for the fifth day in Indian Oil's depot near here. As the death toll rose to 11, a ... Read more...
Posted in Business |
Oil firms told to add 55 mn cooking gas connections
July 15th, 2009 - 7:11 pm ICT by IANS
New Delhi, July 15 (IANS) Oil companies will soon be preparing detailed plans to increase the number of cooking gas connections, especially in rural areas, by 55 million by 2015.
Minister of ... Read more...
Posted in Business |
Tata Motors, Jindal Steel get SAIL excellence awards
July 9th, 2009 - 10:44 pm ICT by IANS
New Delhi, July 9 (IANS) State-run steelmaker Steel Authority of India Ltd (SAIL) Thursday announced its "SAIL HR Excellence Awards" for seven Indian manufacturing firms including Tata Motors and Jindal Steel.
The SAIL ... Read more...
Posted in Business |
More than 2000 petrol pumps to come up in 2009
July 9th, 2009 - 6:42 pm ICT by ANI
New Delhi, July 9 (ANI): Minister of State for Petroleum and Natural Gas, Jatin Prasad, today informed the Lok Sabha that the 2,263 petrol pumps would be set up during the current ... Read more...
Posted in National |
Aviation fuel prices cut by Rs.311 per kilolitre
April 30th, 2009 - 7:06 pm ICT by IANS
New Delhi, April 30 (IANS) State-run oil companies Thursday announced a cut in aviation fuel prices by Rs.311 per kilolitre (kl), after three consecutive hikes.
The aviation turbine fuel (ATF) will now cost ... Read more...
Posted in Business |
Mott MacDonald opens new design centre in Kochi
March 13th, 2009 - 6:35 pm ICT by IANS
Kochi, March 13 (IANS) London-based engineering and consultancy major Mott MacDonald Friday opened its new design centre in Kochi, Kerala.
Mott MacDonald director (oil and gas global operations) Sam Mathew said the company ... Read more...
Posted in Business |
Aviation fuel price cut again, by 7 percent
February 28th, 2009 - 7:35 pm ICT by IANS
New Delhi, Feb 28 (IANS) State-run oil companies Saturday slashed aviation turbine fuel (ATF) prices by seven percent, the 11th reduction since September last year.
From March 1, jet fuel price will go ... Read more...
Posted in Uncategorized |
State-run oil firms pay lower dividend
February 26th, 2009 - 9:20 pm ICT by IANS
New Delhi, Feb 26 (IANS) State-run oil companies have made a dividend payment of Rs.70.04 billion (Rs.7,004 crore) this fiscal, down from Rs.73.35 billion paid in 2007-08, a union minister said here ... Read more...
Posted in Uncategorized |
No immediate cut in diesel price: Deora
February 25th, 2009 - 8:47 pm ICT by IANS
New Delhi, Feb 25 (IANS) The government has no immediate plans to reduce diesel prices even though global oil prices are at record low levels, Petroleum Minister Murli Deora said here Wednesday. ... Read more...
Posted in Uncategorized |
India shelves Brazil ethanol plans due to slowdown
February 24th, 2009 - 9:26 pm ICT by IANS
New Delhi, Feb 24 (IANS) India's state-run oil marketing companies (OMCs) have put on hold their plans to invest in ethanol projects in Brazil due to the current economic slowdown, Petroleum Minister ... Read more...
Posted in Uncategorized |
FAQs on the oil strike
January 9th, 2009 - 6:55 pm ICT by IANS
Frequently asked questions on the oil employees' strike:Q: Who all are involved?A: Employees of 13 public sector energy companies, including majors such as Indian Oil Corp, Bharat Petroleum, Oil and Natural Gas ... Read more...
Posted in Uncategorized |
Government may call in army to tackle oil strike (Second Lead)
January 9th, 2009 - 3:51 pm ICT by IANS
New Delhi, Jan 9 (IANS) Taking a tough stance against the striking officers of public sector oil companies, the government Friday said the army could be called in to tackle the crisis ... Read more...
Posted in Uncategorized |
Oil strike pushes Essar’s daily retail sales
January 8th, 2009 - 10:38 pm ICT by IANS
New Delhi, Jan 8 (IANS) Private retail outlet operator Essar Oil Thursday saw its daily sales jump in its daily sales after the ongoing oil sector strike hit supplies to petrol pumps ... Read more...
Posted in Business |
Territorial Army deployed at Delhi airport for refuelling services
January 8th, 2009 - 7:03 pm ICT by IANS
New Delhi, Jan 8 (IANS) Territorial Army (TA) personnel have been deployed at the Delhi airport to ensure smooth flight operations in the wake of the nationwide strike by public sector oil ... Read more...
Posted in Uncategorized |
Fuel supplies hit in Uttar Pradesh as 2,000 officers join strike
January 8th, 2009 - 6:07 pm ICT by IANS
Lucknow, Jan 8 (IANS) Nearly 2,000 oil sector employees struck work in Uttar Pradesh Thursday, the second day of the nationwide strike called by officers of public sector oil companies.Fuel supplies to ... Read more...
Posted in Uncategorized |
Petrol pumps start to go dry in capital
January 8th, 2009 - 4:11 pm ICT by IANS
New Delhi, Jan 8 (IANS) Most petrol pumps went "dry" Thursday in the national capital, the second day of the strike by oil sector employees, with new supplies yet to reach the ... Read more...
Posted in Uncategorized |
20 firms join in petroleum university’s placement programme
January 5th, 2009 - 10:19 pm ICT by IANS
Gandhinagar, Jan 5 (IANS) Beating the slowdown trend, over 20 companies are participating in this year's campus recruitment programme of the Institute of Petroleum Management Gandhinagar (IPMG), which began Monday. Organisers ... Read more...
Posted in Business |
India to cut fuel prices after December 24: Deora
November 25th, 2008 - 4:30 pm ICT by ANI
New Delhi, Nov.25 (ANI): India may cut fuel prices towards the end of December as the code of conduct for ongoing assembly elections bars potentially vote-winning policy moves, said Petroleum and ... Read more...
Posted in Health Science |
Uttar Pradesh diesel dealers threaten to stop business
November 8th, 2008 - 4:20 pm ICT by IANS
Lucknow, Nov 8 (IANS) Diesel dealers in Uttar Pradesh Saturday threatened to stop business if the state government did not withdraw an entry tax, imposed on them in September.The government imposed the ... Read more...
Posted in Uncategorized |
Petroleum minister seeks increase in oil bond allocation
October 30th, 2008 - 9:48 pm ICT by IANS
New Delhi, Oct 30 (IANS) With oil marketing companies expected to post losses in the second quarter, Petroleum Minister Murli Deora met Finance Minister P. Chidambaram to ask for an increase in ... Read more...
Posted in Business |
Praful Patel says Indian carriers to repay aviation fuel dues by March 2009
October 22nd, 2008 - 6:07 pm ICT by ANI
New Delhi, Oct 22 (ANI): Civil Aviation Minister Praful Patel today said that India''s airline companies are to repay upto 28 billion rupees outstanding aviation fuel dues to state-run refineries by ... Read more...
Posted in National |
No diesel shortage in Madhya Pradesh: Oil ministry
October 15th, 2008 - 10:27 pm ICT by IANS
New Delhi, Oct 15 (IANS) The petroleum ministry Wednesday said there was no shortage of diesel in Madhya Pradesh even though demand has increased by over 50 percent this month. “The position ... Read more...
Posted in Business |
State oil firms to start grievance redressal service
October 1st, 2008 - 8:55 pm ICT by IANS
New Delhi, Oct 1 (IANS) The three state-run oil marketing companies will launch a new grievance redressal scheme Thursday with toll-free numbers for registering complaints about their fuel products.A statement released by ... Read more...
Posted in Business |