Latest News on Oil Marketing Companies
Showing of 0 - 10 from 56 results
Oil Marketing Companies - Total results - 56
Feb 05, 2019
Petrol close to Rs 70 per litre in Delhi, diesel prices decline; crude oil edges up as market eyes tighter supplyPetrol and diesel prices declined by up to 16 paise and 11 paise respectively after the state-run oil marketing reduced the fuel prices.
Jan 14, 2019
Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.
Nov 29, 2018
Oil PSUs to allot 65,000 petrol pumps: Why govt should focus on finding alternative to expensive fossil fuelAIPDA rightly questions the wisdom of the new pumps when the government’s avowed aim is to close all the petrol pumps by 2025 in the wake of its parallel and cognate decision to usher in alternate eco-friendly fuels completely.
Nov 28, 2018
New 55,649 petrol pumps bonanza: Angry fuel dealers to move court to challenge the government's decisionAll India Petrol Dealers Association (AIPDA) President Ajay Bansal said the government's move of 25 November appeared contrary to its own policy and the dealers would question its legal validity
Nov 27, 2018
Oil PSUs to allot 65,000 petrol pumps: All you need to know if you are planning to apply for petrol pump dealershipArray
Oct 30, 2018
Vedanta moves Delhi High Court against Centre's notice to OMCs on allocation of oil sale proceedsThe Delhi High Court on Monday sought response of the Centre on Vedanta Ltd's plea challenging its notice to oil marketing companies (OMCs) not to forward to the company its share of the proceeds from sale of petroleum products
Oct 15, 2018
Fuel price hike: Diesel rates rise again by eight paise to Rs 75.46 per litre in Delhi; wipes out benefit of excise duty cutDiesel price rose for the 10th consecutive day Monday to wipe out all of the Rs 2.50 per litre cut in rates announced earlier this month through excise duty cut and oil company subsidy.
Oct 11, 2018
Petrol, diesel rates: Govt will not ask oil marketing companies to further subsidise fuel prices, says finance ministry officialMost of the Rs 2.50 per litre reduction in rates effected from 5 October has been lost in increases in selling prices on subsequent days, giving rise to the suspicion that the government may again ask OMCs to subsidise fuel.
Oct 09, 2018
Dividend cut from oil marketing companies unlikely; disinvestment target to be met: Finance ministryThe finance ministry on Tuesday said it does not expect a cut in dividend from oil marketing companies despite these retailers absorbing Re 1 per litre from last week.
Oct 08, 2018
Stocks of oil marketing companies bounce back after heavy sell-off in last two trading sessionsShares of oil marketing companies on Friday fell sharply by up to 25 percent.