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Jaya slams petrol price hike, demands revision of price fixation policy

May 01, 2015

Jaya slams petrol price hike, demands revision of price fixation policy

Slamming the recent hike in prices of petrol and diesel, AIADMK General Secretary J Jayalalithaa on Friday demanded revision of the price fixation policy for petroleum products. #NewsTracker #AIADMK #J. Jayalalithaa #Oil marketing companies #Petrol price hike
Oil retailers to open 35,600 new outlets in next three years

Jan 20, 2015

Oil retailers to open 35,600 new outlets in next three years

The country has 51,870 petrol pumps with Indian Oil Corp (IOC) being the market leader with 23,993 outlets, followed by Hindustan Petroleum Corp Ltd (HPCL) with 12,869 pumps and Bharat Petroleum Corp Ltd (BPCL) with 12,123 outlets. #ThisisNext #Reliance Industries #Indian Oil #LPG #Hindustan Petroleum #Oil marketing companies #Bharat Petroleum #CNG #Shell #Essar Oil #Petrol Pumps
Pradhan defends oil PSUs after CAG rap

Jul 31, 2014

Pradhan defends oil PSUs after CAG rap

The Comptroller and Auditor General of India in its latest report stated that Indian Oil Corp., Hindustan Petroleum Corp. and Bharat Petroleum Corp. overcharged customers by Rs 26,626 crore from 2007-08 to 2011-12 by charging notional levies like customs duty on fuel they sold. #CAG #NewsTracker #Indian Oil #Hindustan Petroleum #Oil marketing companies #Bharat Petroleum #Dharmendra Pradhan #Wharfage charge
Jaya asks PM Modi for greater kerosene allocation to Tamil Nadu

Jul 12, 2014

Jaya asks PM Modi for greater kerosene allocation to Tamil Nadu

Jayalalithaa has once again sought Prime Minister Narendra Modi's intervention to ensure allotment of the state's monthly requirement of over 65,000-kl. #India #Tamil Nadu #UPA #Narendra Modi #NewsTracker #Jayalalithaa #Chennai #LPG #Kerosene #Oil marketing companies #NDA #Tamil Nadu CM #PM Modi
Losses on diesel dip to new low of Rs 1.62 a litre

Jun 16, 2014

Losses on diesel dip to new low of Rs 1.62 a litre

If rupee continues to strengthen and monthly price hikes of up to 50 paisa a litre are allowed, diesel prices will be decontrolled by September. #Economy #UPA #Narendra Modi #NewsTracker #Diesel #Fuel #Oil marketing companies
Diesel price rise a result of wrong UPA policy Jayalalithaa

Jun 01, 2014

Diesel price rise a result of wrong UPA policy Jayalalithaa

Jayalalithaa on Sunday said the diesel price hike was a continuation of the previous Congress-led UPA regime's "wrong" policies. #UPA #Congress #BJP #NewsTracker #Jayalalithaa #Petrol #Diesel #Oil marketing companies #NDA #OMC #Diesel Price HIke
LPG dealers threaten indefinite strike

Feb 24, 2014

LPG dealers threaten indefinite strike

The proposed strike poses the prospect of a massive backlog of deliveries given that there are around 150 million cooking gas consumers in the country. #ThisisNext #Oil marketing companies #Cooking Gas #LPG dealers #Marketing Discipline Guidelines
PSU refiners rally on Iran deal; brent drops more than $2 a barrel

Nov 25, 2013

PSU refiners rally on Iran deal; brent drops more than $2 a barrel

Shares of state-run oil marketing companies gained after Brent crude drops more than $2 a barrel on Monday as supply fears ease following a breakthrough nuclear deal between world powers and Iran over the weekend. #oil #StockWatch #Iran #Oil marketing companies #brent
Sensex up more than 250 pts, OMCs gain on US-Iran deal

Nov 25, 2013

Sensex up more than 250 pts, OMCs gain on US-Iran deal

After three weeks of weakness, Indian equity markets are off to a good start today with the Sensex up more than 200 points and Nifty reclaiming the psychological 6000 mark #Sensex #nifty #Oil marketing companies #Indian rupee #Bank Nifty #nuclear deal
Petrol price cut of Rs 1/litre unlikely before elections

Oct 17, 2013

Petrol price cut of Rs 1/litre unlikely before elections

Petrol prices will remain unchanged this fortnight as oil companies on Tuesday decided to monitor movements in international oil rates and the value of the rupee before taking a decision. #Diesel #Oil marketing companies #Petrol Prices