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PETROLEUM PSUS
India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.- Petrol, Diesel Price hiked today as OMCs face Rs 30,000 crore monthly losses? Check fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel Price today (May 10): Despite mounting financial losses for oil marketing companies due to soaring global crude rates, fuel ...
- Oil PSUs suffer ₹30,000 cr under-recoveries a monthIndian oil companies face significant monthly losses on petrol, diesel, and LPG. This is due to selling fuels below international rates, wh...
- GAIL moves court against PNGRB over unbundling planGAIL has taken its dispute with the Petroleum and Natural Gas Regulatory Board to the Delhi High Court. The regulator wants to separate gas...
- Govt awarded 172 oil & gas blocks in 10 years, but negligible output brings policy and execution into focusIndia's ambitious oil and gas policy has failed to boost domestic production. Despite billions invested and extensive exploration, only one...
- India plans 62 vessels in FY27 with Rs 51,383 crore investment: Union minister Sarbananda SonowalIndia is accelerating its shipping capabilities to achieve self-reliance, with plans to add 62 vessels by FY 2026-27, backed by a significa...
- A case to raise petrol, diesel prices by Rs 25–28 per litre after Bengal, Tamil Nadu elections: Kotak Institutional EquitiesFuel prices in India may rise significantly after April 29. Global crude oil costs are high, causing losses for Indian refiners. Kotak Inst...
- Petrol, diesel prices to rise Rs 25–28 per litre? Petroleum ministry clarifiesGovernment has firmly denied any plans to raise petrol and diesel prices, calling such reports mischievous and misleading. Officials emphas...
- Oil, steel industry setting up more than 10,000 oxygenated beds to fight second Covid waveAs per a report by these two ministries, they together account for producing and supplying around 6,650 MT of medical oxygen out of the dai...
- Steel and petroleum PSUs lead the oxygen battle in the countryAt present, total oxygen production in India is around 7,000 to 7,200 MT per day. Out of this, these two sectors contribute 4,000 to 4,500 ...
- Process to appoint dealers for 50,000 fuel pumps haltedThe move is in line with past decision when oil PSUs were barred from making appointments in poll season.
- Relief for state-run oil companies in FY18: Oil PSUs to pay 16% less dividend to governmentIn all, state oil firms will pay Rs 14,600 crore to the government in this financial year, according to officials, who said these firms hav...
- Red-hot oil stocks may cool down a bit in the short termLower demand and rising prices of crude could be a challenge; Oil PSUs are expected to see lower growth in the March quarter earnings.
- Oil PSUs enrol a whopping 3 crore LPG consumers in 2016-17Indian Oil, Bharat Petroleum and Hindustan Petroleum have been rapidly rolling out the govt plan to take clean fuel to more and more househ...
- Shipping min sinks oil PSUs bid to sail freeIn a bid to enable oil PSUs to charter ships directly, the petroleum ministry has suggested setting up of internal chartering cells in oil ...
- George, Naik, Joshi discuss disinvestment of oil PSUsThe issue of disinvestment of oil PSUs is believed to have come up for discussion on Wednesday at a high-level meeting of NDA convenor and ...
- Naik against strategic sale in oil PSUs, not sell-offPetroleum Minister Ram Naik said on Monday he was not against the disinvestment of government equity in oil PSUs but felt strategic sale wa...
- Parleys continue ahead of CCD meetClouds of uncertainty hovered over the crucial meeting of the Cabinet Committee on Disinvestment on Saturday with differences continuing wi...
- Consultative panel against privatisation of oil PSUsBuoyed by an impressive increase of about Rs 1,000 crore in the net profits of oil PSUs to Rs 12,750 crore, members of Parliamentary Consul...
- Apply monopoly rule to selloff of other PSUs: IOCNEW DELHI: Indian Oil Corporation which has been debarred from bidding for government stake in Hindustan Petroleum Corporation and Bharat P...
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