oil companies
Petrol, diesel prices hiked by more than Rs 3 in six days
Rates have been increased across the country and vary in each state depending on the incidence of local sales tax or value added tax
Petrol, diesel gets costlier by 60 paise/litre each; 5th straight daily increase
Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT
In four hikes, petrol price go up by Rs 2.14 per litre, diesel by Rs 2.23
Oil companies on Sunday restarted revising prices in line with costs, after ending an 82-day hiatus
Oil marketing companies shares drop 13%, after hike in excise duty on petrol, diesel
Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil dropped 7.49 percent
Oil companies defer decision to suspend fuel supplies to Air India
IOC, HPCL and BPCL had earlier this month threatened to snap aviation turbine fuel supplies to Air India.
Maharashtra to move planned Saudi Aramco refinery after farmers protest
Stare-run oil companies and Saudi Aramco have teamed up to build the USD 44 billion refinery
India will pay in rupees for Iran oil post-US sanctions
The Reserve Bank of India (RBI) has given its nod to Iranian Bank Pasargad to set up a branch in Mumbai.
OMCs to complete USD 10 bn overseas borrowing in one year: Fin Min
Till now OMCs were not allowed to raise ECB for working capital needs on a long-term basis.
Govt allows companies to explore for oil, gas beyond block boundaries
The ministry also simplified the process of companies to pay for unfinished committed exploration and drilling work.
Oil PSUs freeze petrol, diesel prices ahead of Karnataka polls
Oil PSU executives refused to discuss pricing saying they have been asked not to speak on the issue.