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  Petrol, diesel prices in India will go down when... I Officials revealed all DETAILS

  Business | June 08, 2023 19:33 IST

  Officials said the three firms have been making positive margins on petrol since the fourth quarter of the 2022 calendar year but diesel, which accounts for the bulk of the fuel sales, had been in red.

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  Gas tank explodes at Hindustan Petroleum plant in Unnao

  India | September 12, 2019 13:50 IST

  A gas tank has exploded at Hindustan Petroleum Corporation Plant in Unnao on Thursday.

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  ONGC gets govt nod to sell stake in IOC, GAIL to fund Rs 36,915 cr HPCL deal

  Business | January 23, 2018 15:31 IST

  ONGC holds 13.77 per cent stake in nation's biggest refiner IOC, which at today's trading price is worth over Rs 26,200 crore. It also holds 4.86 per cent stake in gas utility GAIL India Ltd, which is worth over Rs 3,847 crore.

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  Govt set to hit divestment goal first time post ONGC-HPCL deal

  Business | January 20, 2018 23:56 IST

  ONGC will pay Rs 473.97 per share for 77.8 crore shares of the government in Hindustan Petroleum Corp Ltd (HPCL), the company said in a stock exchange filing.

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  Indian Oil Corporation tops Fortune 500 list, Reliance Industries follows

  December 14, 2014 15:51 IST

  New Delhi: State-run Indian Oil Corporation is the country's largest company in terms of revenue, followed by Reliance Industries and Bharat Petroleum in the second and third place respectively, according to the Fortune 500 list

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  Government sanctions Rs 17,772 crore cash subsidy for oil companies

  November 07, 2013 21:45 IST

  New Delhi: Government today sanctioned Rs 17,772 crore cash subsidy to fuel retailers like IOC to cover for half of the revenues they lost on selling diesel and cooking fuels below cost in the September

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  Oil companies reduce jet fuel price by 2%

  June 01, 2012 13:02 IST

  New Delhi, June 1: State-owned oil companies on Thursday cut jet fuel price by two per cent, the fourth straight reduction in rates since April.The price of aviation turbine fuel (ATF), or jet fuel, in

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  Oil Firms Warn Of Disruptions In Fuel Supply

  April 02, 2012 14:32 IST

  New Delhi, Apr 2: State-owned oil companies today warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur

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  Fuel Price Hike Unlikely Till May

  India | March 09, 2011 20:12 IST

  New Delhi, Mar 9: State-owned fuel retailers may not hike petrol and diesel prices till Assembly elections in five states are completed in May, even though their losses on auto fuel sales continue to mount.