- Govt to pay state oilcos Rs 10K cr to compensate rev loss
The government will give Rs 10,000 crore to state fuel retailers for selling fuel below cost in the first half of the current fiscal.
22 Oct, 2010, 08.44 PM IST
- Essar Oil plans to increase petrol pumps to 2,000 soon
Essar Oil, India’s largest private fuel retailer, plans to increase its number of petrol pumps to 2,000 in the next few months from 1,450 c...
05 Feb, 2010, 12.47 AM IST
- Oil & gas regulator slaps notice on Centre, PSUs on fuel pricing
The oil & gas sector regulator has sent notices to the government and state-run oil companies IOC, BPCL and HPCL for selling petrol and die...
01 Jan, 2010, 01.38 AM IST
- Pvt fuel retail cos may be given subsidies on a par with PSUs
Private fuel retailers may not have to pull the shutters down on their retail outlets each time pump prices of petrol and diesel are artifi...
25 Dec, 2009, 03.53 AM IST
- Oil PSUs hike jet fuel prices by 4.5%
State-run oil marketing companies on Saturday increased jetfuel price by about 4.5% on account of rising global crude price.
16 Aug, 2009, 02.22 AM IST
- RBI on a shopping spree for oil bonds
RBI has been extremely active in its second round of special market operations (SMR) to buy back oil bonds. Dealers say the central bank ha...
21 Apr, 2009, 01.09 AM IST
- Mockery of governance
Govt wants public oil cos to spend on CSR programmes.
20 Apr, 2009, 02.46 AM IST
- PSU refiners to take first-ever net hit in Q2
For the first-time ever, navratna refining majors - IndiaOil (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation...
31 Oct, 2008, 02.02 AM IST
- Chaturvedi panel warns govt of supply breakdown in oil sector
The BK Chaturvedi committee on price reforms in the oil sector has warned the government of impending shortage of petroleum products like p...
14 Aug, 2008, 04.22 AM IST
- Kerosene dole may fuel solar lanterns
The poor may now hope to use non-polluting lanterns instead of carbon emitting kerosene lamps.
02 Aug, 2008, 02.44 AM IST
- Oil companies resort to premium cooking
Plan to sell premium cooking gas for the elite who do not wants to have crude LPG cylinders in their state of the art kitchen.
05 Mar, 2008, 02.34 AM IST
- Rail freight rates cut may not make cement cheap
The railway minister's move to cut freight rates for fly ash and petroleum goods, key components to boost economic growth, may not bring in...
27 Feb, 2008, 04.01 AM IST
- Budget may see big-ticket tax relief for oil explorers, refiners
The oil sector may get substantial tax breaks in the 2008 Budget. While exploration firms are likely to be exempted from service tax, refin...
31 Dec, 2007, 01.15 AM IST
- ONGC Videsh, Hindujas may set up JV to invest in Iran
ONGC Videsh, and the Hinduja group are in talks to seal a partnership with Switzerland-registered NICO, a subsidiary of the National Irania...
05 Dec, 2007, 01.49 AM IST
- Crude facts: Your fuel bills may go up again
With state elections still far away and inflation under control, the govt think it is an opportune time for increasing fuel prices with min...
04 Aug, 2007, 01.10 AM IST
- Oil marketing cos to benefit from CST sop
The petroleum ministry has made a strong case for doing away with the central sales tax (CST) imposed on inter-company and inter-state tran...
27 Dec, 2006, 02.58 AM IST
- New selection rules to bring politicos on board at PSUs
The government has amended the norms for the appointment of independent directors to state-run companies, making room for “political appoin...
17 Nov, 2005, 01.47 AM IST