Oil Companies

Oil companies to post biggest losses as sales shrink

Oil companies to post biggest losses as sales shrink

Companies make inventory losses in a falling market as the cost of the inventory in the form of crude and products is higher that the pre...Read More

Fuel supply to Jet Airways briefly stopped at Delhi airport due to non-payment of dues

Fuel supply to Jet Airways briefly stopped at Delhi airport due to non-payment of dues

New Delhi: Oil companies stopped fuel supply to Jet Airways for over an hour at the Delhi airport on Thursday due to non-payment of dues,...Read More

OMCs to complete 10 billion dollar overseas borrowings in 1 year

OMCs to complete 10 billion dollar overseas borrowings in 1 year

New Delhi: A day after relaxing overseas borrowing norms for oil companies, the government on Thursday said state-owned fuel retailers wi...Read More

Fuel prices: Petroleum Minister holds midnight meeting with top bosses of oil companies but ends up without any solution

Fuel prices: Petroleum Minister holds midnight meeting with top bosses of oil companies but ends up without any solution

New Delhi: Petroleum Minister Dharmendra Pradhan burned midnight oil on Thursday with his ministry officials and top bosses of the public...Read More

Ouch! Petrol, diesel price cut revised to 1 paisa a litre, oil companies blame clerical error for previous announcement

Ouch! Petrol, diesel price cut revised to 1 paisa a litre, oil companies blame clerical error for previous announcement

New Delhi: The reduction in petrol and diesel prices was today revised to just 1 paisa a litre each, with state-owned oil companies blami...Read More

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Indore: Common man conned by smart move

Indore: Common man has been taken for a ride by the Central government and oil companies in the name of daily pricing of petroleum produc...Read More

Bhopal: DGP inaugurates Saksham-2017 at Samanwaya Bhavan

Bhopal: DGP inaugurates Saksham-2017 at Samanwaya Bhavan

BHOPAL: Nearly 500 school students, teachers, representatives from oil companies, dealers and distributors participated in inaugural cere...Read More

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Oil Conservation fortnight from Jan 17

BHOPAL : Oil and Gas Conservation fortnight will be inaugurated in a programme at local Samanvaya Bhawan on Monday in collaboration with ...Read More

Oil cos to benefit from low rates, price deregulation: Fitch

Oil cos to benefit from low rates, price deregulation: Fitch

New Delhi: Fitch Ratings today said low oil rates and price deregulation in the country’s oil and gas sector will have a positive impact ...Read More

Low oil prices favoured Indian economy: Arun Jaitley

Low oil prices favoured Indian economy: Arun Jaitley

New Delhi : Finance Minister Arun Jaitley has said the low oil prices have created a favourable environment for the Indian economy as it ...Read More

Petrol price cut by Rs 2/ltr; diesel by Rs 0.50

Petrol price cut by Rs 2/ltr; diesel by Rs 0.50

New Delhi: Petrol price was today cut by Rs 2 per litre and diesel by Rs 0.50 a litre, the third reduction in rates this month on fall in...Read More

Bloodbath: Sensex tanks 855 pts on Greece woes, oil gloom

Bloodbath: Sensex tanks 855 pts on Greece woes, oil gloom

Mumbai:  The benchmark Sensex today plummeted by 855 points in its worst crash in five and a half years as stock markets globally went in...Read More

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SpiceJet shares crash over 8% as flight operations grounded

Mumbai: Shares of SpiceJet fell sharply by over 8 per cent as flight operations of the cash-strapped company were grounded today on payme...Read More

Will supply fuel only on immediate payment: Oil companies to Spicejet

Will supply fuel only on immediate payment: Oil companies to Spicejet

New Delhi: With troubled Spicejet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on ...Read More

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