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Petrol prices cut by Rs1.09 per litre, diesel hiked by 56 paise
Thu, Jul 31 2014. 07 43 PM

Petrol prices cut by Rs1.09 per litre, diesel hiked by 56 paise

The revisions will be effective from Friday
Monthly limit of one subsidized cylinder per household may go
Fri, Jul 25 2014. 12 40 AM

Monthly limit of one subsidized cylinder per household may go

Move comes before assembly elections in Maharashtra, Haryana, Jammu and Kashmir, Delhi and Jharkhand slated to happen later this year
OMCs gained from skewed pricing mechanism: CAG
Sat, Jul 19 2014. 01 15 AM

OMCs gained from skewed pricing mechanism: CAG

According to CAG, OMCs had been allowed to recover import costs they hadn’t actually incurred
Indian oil refiners import petrol due to refinery outages
Wed, Jul 02 2014. 02 36 PM

Indian oil refiners import petrol due to refinery outages

HPCL and IOC have so far bought a total of around 65,000 tonnes of petrol for prompt July delivery through tenders
Petrol price hiked by Rs1.69 per litre, diesel up 50 paise
Tue, Jul 01 2014. 12 29 AM

Petrol price hiked by Rs1.69 per litre, diesel up 50 paise

IOC says a rise in international oil prices have led to an increase in petrol and diesel rates
India to set up two renewable energy firms
Mon, Jun 16 2014. 11 42 AM

India to set up two renewable energy firms

Oil, renewable energy ministries working on proposal, which sees them setting up one JV to oversee large-scale, grid-integrated projects and other for off-grid projects
Indian Oil March quarter profit drops 35% on lower refining margin
Thu, May 29 2014. 07 03 PM

Indian Oil March quarter profit drops 35% on lower refining margin

Net profit fell to Rs.9,390 crore in the three months ended 31 March from Rs.14,513 crore a year earlier
NK Verma appointed new ONGC Videsh managing director
Wed, May 21 2014. 06 27 PM

NK Verma appointed new ONGC Videsh managing director

Verma is currently director for exploration in OVL’s parent company, Oil and Natural Gas Corp.
Hopes of a stable govt improve demand for Indian overseas bonds
Tue, May 13 2014. 10 23 PM

Hopes of a stable govt improve demand for Indian overseas bonds

Yields on foreign currency bonds sold by Indian companies have dropped to a six-month low
Diesel prices hiked by Rs1.09 a litre effective midnight
Mon, May 12 2014. 07 43 PM

Diesel prices hiked by Rs1.09 a litre effective midnight

Oil PSUs had on 1 April skipped raising diesel rates as per January 2013 decision of the cabinet of small monthly raises

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