The Cabinet had allowed oil firms to raise prices of diesel in dozes till such time that the Rs 10 a litre loss is wiped out.

Petrol will cost Rs 67.90 per litre at IOC's petrol pumps in Delhi with effect from midnight tonight as against Rs 68.46 a litre presently,...

Switching to CNG and replacing LPG with PNG makes more sense after diesel price hike and capping of subsidised gas cylinders.

Petrol pump dealers have deferred a nation-wide strike from Monday after Oil Minister S Jaipal Reddy has agreed to consider their demands.

An official panel has suggested that petrol pumps should be allowed to charge Rs 2 to fill air in two-wheeler, Rs 5 in car & Rs 20 in a tru...

"The oil ministry has approved raising dealers' margin and a formal order will be issued soon," a senior government official said.

Union Petroleum and Natural Gas Minister Murli Deora on Friday called upon the section of retail outlet dealers not to stop operations of t...

The Federation of All India Petroleum Traders said it has beenseeking a rise in dealers commission as the cost of maintaining retail statio...

Delhi may impose a special cess on petrol and diesel to raise money for expanding the Metro rail network in the Capital ahead of next year’...

Bharat Petroleum Corp (BPCL) has slashed prices of its branded premium petrol and diesel with immediate effect that may force other oil mar...

Production at four refineries of Indian Oil Corp (IOC) and Oil & Natural Gas Corp (ONGC) was disrupted following an indefinite strike calle...

Hospitals, hotels, malls, cinema halls and other commercial establishments will not be able to avail subsidised diesel anymore.

Rationing of fuel at retail outlets continued for the second day even as officials denied any such move by oil companies. India gets ready ...

State-run oil firms have begun selling only the costlier branded petrol and diesel at most of their petrol stations in big cities, even as ...

The Federation of All India Petroleum Traders has threatened to go on an indefinite strike if their demands, including that of an increase ...

Petrol pump operators have ignored calls by Petroleum Minister Murli Deora and decided to go ahead with their proposed day long strike on A...

Government will flag off the disinvestment process in Hindustan Petroleum Corporation Ltd by inviting initial bids for 34 per cent stake in...