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  • sufficient fuel stock available in vizag oil companies

    Sufficient fuel stock available in Vizag: Oil companies

    India | Oct 14, 2014, 02:42 PM IST

    Visakhapatnam: There is an adequate stock of more than 15 days of fuel, petrol and diesel, available in the port city, a state oil industry official said today.He also appealed to the public not to

  • oil companies transfer over rs 2 000 cr to 40 million

    Oil companies transfer over Rs 2,000 cr to 40 million consumers for LPG subsidy

    India | Dec 27, 2013, 10:02 AM IST

    New Delhi: In the last six months, the Government has transferred over Rs 2,000 crore in the accounts of 40 million consumers under the Direct Benefit Transfer for LPG (DBTL) scheme in 184 districts."The scheme

  • oil companies demand one time hike in diesel price

    Oil companies demand one-time hike in diesel price

    Aug 26, 2013, 04:55 PM IST

    New Delhi: With 12 per cent drop in rupee value against the US dollar making imports costlier, state- owned oil firms have demanded a one-time steep increase in diesel rates to make for the widening

  • state owned oil companies to sell 2kg 3 kg small lpg

    State-owned oil companies to sell 2kg, 3 kg small LPG cylinders

    India | May 18, 2013, 04:02 PM IST

    New Delhi, May 18: With a view to root out the huge nationwide network of LPG blackmarketeers  selling small LPG cylinders at exorbitant rates, state-owned oil companies have now decided to market 2 kg, 3

  • govt considering raising cap on subsidised lpg cylinders

    Govt considering raising cap on subsidised LPG cylinders

    India | Nov 30, 2012, 04:15 PM IST

    New Delhi, Nov 30: Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the “next few days”, Petroleum and Natural Gas Minister M. Veerappa Moily said

  • oil companies make rs 2 per litre profit on petrol but no

    Oil companies make Rs 2 per litre profit on petrol, but no relief yet

    India | Oct 03, 2012, 12:08 PM IST

    Mumbai, Oct 3: State-owned oil companies are making profits of around Rs 2 per litre on petrol since September 16, but the relief has not been passed on to the consumers, reports Times of India.

  • rupee unlikely to gain from direct dollar sale to oil

    Rupee unlikely to gain from direct dollar sale to oil companies, says SBI

    Jun 23, 2012, 11:46 AM IST

    Mumbai, Jun 23: State Bank of India today said RBI's direction to oil companies to procure half of their dollar requirements directly from a select group of PSU banks will not help stem the fall

  • bjp left reject cut in petrol price

    BJP, Left reject cut in petrol price

    Politics | Jun 02, 2012, 09:17 PM IST

    New Delhi, June 2: Communist Party of India national secretary D. Raja today termed the reduction in petrol prices as “totally inadequate” and said the oil companies should go for a “complete rollback” because they

  • antony resents petrol price hike

    Antony resents petrol price hike

    May 29, 2012, 08:36 PM IST

    Neyyattinkara, May 29: In a dissenting voice from the government over the steepest ever petrol price hike, Defence Minister A K Antony today said it was “not a correct step” and the oil companies should

  • rupee weakens after 3 day rally down 49 paise vs dollar

    Rupee weakens after 3-day rally, down 49 paise vs dollar

    May 29, 2012, 08:44 PM IST

    Mumbai, May 29: After three days of relief rally, the rupee today came under pressure touching a low of 55.88 on heavy month-end dollar buying by oil companies amid the US dollar gaining strength globally

  • oil companies hint at cut in petrol prices in june

    Oil companies hint at cut in petrol prices in June

    May 24, 2012, 07:52 PM IST

    New Delhi, May 24:  A day after raising petrol price by a whopping  Rs 7.54 a litre, state-owned oil companies today indicated that rates may be cut at the next revision cycle due early next

  • atf price cut by rs. 312 per kl

    ATF price cut by Rs. 312 per kl

    Apr 30, 2012, 10:41 PM IST

    New Delhi, Apr 30: State-owned oil companies on Monday reduced jet fuel prices by a marginal Rs 312 per kilolitre or kl, the second reduction in rates this month.The price of aviation turbine

  • oil companies warn of severe lpg crisis

    Oil Companies Warn Of Severe LPG Crisis

    Apr 11, 2012, 11:20 PM IST

    New Delhi, Apr 11: The oil marketing companies have informed the Petroleum and Natural Gas Ministry that the present LPG inventory has come down to a level of about five days in the current month

  • oilcos hike jet fuel prices by 3 per cent

    Oilcos Hike Jet Fuel Prices By 3 Per Cent

    Mar 31, 2012, 07:00 PM IST

    New Delhi, Mar 31: State-owned oil companies today hiked jet fuel price by about 3 per cent, the third time they have increased rates this month.The price of aviation turbine fuel (ATF), or jet fuel,

  • oil companies hike atf prices by 3.2 per cent

    Oil Companies Hike ATF Prices By 3.2 Per Cent

    Feb 29, 2012, 09:50 PM IST

    New Delhi, Feb 29: State-owned oil companies today hiked jet fuel price by 3.2 per cent on the back of firming up of international oil rates.The price of aviation turbine fuel (ATF), or jet fuel,

  • oil companies cut jet fuel prices by rs 350 a kl

    Oil Companies Cut Jet Fuel Prices By Rs 350 A Kl

    Feb 15, 2012, 10:29 PM IST

    New Delhi, Feb 15: State-owned oil companies today cut jet fuel prices by a marginal Rs 350 per kilolitre, the second reduction in this month.The price of aviation turbine fuel (ATF), or jet fuel, in

  • oil companies resume jet fuel supplies to air india

    Oil Companies Resume Jet Fuel Supplies To Air India

    Feb 02, 2012, 10:39 PM IST

    New Delhi, Feb 2: State-owned oil companies have resumed jet fuel supplies to Air India after the national carrier promised to pay Rs 268 crore in dues tomorrow.Oil company officials said the supplies are being

  • over rs 2 hike in petrol price from monday likely

    Over Rs 2 Hike In Petrol Price From Monday Likely

    India | Dec 31, 2011, 07:05 PM IST

    New Delhi, Dec 31: A hike of about Rs 2.10-2.13 per litre in petrol price is needed because of weakening Indian currency, but oil companies are unlikely to revise rates today as scheduled and instead

  • no change in petrol prices as rupee firms up

    No Change In Petrol Prices As Rupee Firms Up

    Dec 16, 2011, 09:25 PM IST

    New Delhi, Dec 16: State-owned oil companies today decided not to change petrol prices this fortnight in view of correction in rupee-dollar value.“RBI action has led to rupee correcting by Re 1 per dollar and

  • oilcos may review petrol rates on friday

    Oilcos May Review Petrol Rates On Friday

    India | Dec 15, 2011, 10:30 PM IST

    New Delhi, Dec 15: State-owned oil companies will not change prices of petrol tonight as they have not yet got a very clear signal from the government on raising rates in line with international cost

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