Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …
Oil marketing companies have to mix 5% ethanol with petrol;CCEA approves market-based pricing of the biofuel The Cabinet Committee on Economic Affairs (CCEA) has made it mandatory for oil marketing companies (OMCs) Bharat Petroleum,Hindustan Petroleum and Indian Oil Corporation to blend 5% ethanol with petrol.This is likely to reduce the …
The wait for the east coast to have a liquefied natural gas (LNG) terminal might get longer, with Bharat Petroleum Corp Ltd (BPCL) and Oil and Natural Gas Corp Ltd (ONGC), the two state-run companies that had proposed to jointly develop a terminal in Mangalore, putting the plan on hold. …
OMCs use new software to track fake connections The Petroleum and Natural Gas Ministry has launched “Project Lakshya” to reduce waiting time for delivery of LPG cylinders and track duplicate connections, by enrolling the assistance of the National Informatics Centre (NIC) and the Pune-based Centre for Development of Advanced Computing …
IOC, the largest fuel retailer, will receive a government subsidy of about 161 billion rupees India will pay 300 billion rupees to state-owned fuel retailers forced to sell at cheaper government-set rates in the first half of the year, said three sources who saw the finance ministry's confirmation letter. The …
Mumbai Soaring crude prices and pressure back home to keep rates lower is forcing government-run hydrocarbon firms to diversify into non-oil and gas sectors. Oil & Natural Gas Corporation (ONGC), which supplies crude to oil refiners at a lower price as part of a government subsidy plan, said its board …
HC to pass orders today SRINAGAR, Nov 2: After considering the affidavits filed by the state government in a Public Interest Litigation (PIL) on LPG crisis in the state, the High Court today said it will pass appropriate orders tomorrow. Meanwhile, the division bench comprising Justice Muhammad Yaqoob Mir and …
Gujarat State Petroleum Corp (GSPC) going solo in acquisition of British energy major BG Group's stake in Gujarat Gas Co Ltd (GGCL) was a result of Oil Ministry blocking its PSUs from joining the Gujarat government firm. Originally, a consortia of GSPC, Oil and Natural Gas Corp (ONGC) and Bharat …
The 3 govt-owned OMCs-IndianOil, BPCL and HPCL-together meet the country's entire LPG cylinder demand After consumers exhaust the year’s quota of six subsidised liquefied petroleum gas (LPG) cylinders announced by the Union government, oil marketing companies (OMCs) would charge them at the market rate for additional cylinders. This is despite …
Oil and Natural Gas Corporation (ONGC) and GAIL (India) are keen on picking up stake in the Rs.5,000-crore Kochi petrochemical project being executed by Bharat Petroleum Corporation Limited (BPCL) in joint venture with LG Chemicals of South Korea. “We have got written proposal from several companies to join the project. …
IndianOil, Bharat Petroleum and Hindustan Petroleum have incurred a loss of Rs 2,600 cr on sale of petrol during Apr-Sep period IndianOil, the biggest oil marketing company, has cut petrol prices by Rs 0.56 a litre, with effect from midnight on Monday The other oil marketing majors — Bharat Petroleum …
State oil firms have slashed petrol rates marginally by 56 paise per litre, lower than expectations of a . 1 cut, as the currency has appreciated, making imported oil cheaper in rupee terms. “It has been decided to revise petrol prices downward by . 0.56 per litre excluding state taxes …
New Delhi Petrol price may be cut by about Rs 1.60 per litre later this month as appreciation of rupee against the US dollar has helped state firms make profit on the fuel. Indian rupee appreciated to five-month high since the government announced allowing foreign direct investment (FDI) in multi-brand …
Global kerosene and LPG prices divergent to those of diesel, petrol and ATF In the first price revision after the government capped the number of subsidised cylinders for consumers, domestic liquefied petroleum gas (LPG) has become nearly 17 per cent dearer, thanks to firm international prices. From October 1, the …
The expansion project to fire up BPCL’s Kochi refinery capacity to 15.5 million tonnes a year Bharat Petroleum Corporation Ltd’s integrated refinery expansion project in Kochi is expected to get environmental clearance anytime now with Tuesday’s meeting of the Expert Appraisal Committee (Industry) for Environmental Impact Assessment in New Delhi …
The Supreme Court has issued notice to Petroleum and Natural Gas Regulatory Board (PNGRB) while admitting an appeal of GAIL (India) Limited challenging the award of Rs 7,000-crore Mallavaram-Bhilwara-Vijaipur gas pipeline project to a consortium led by state-run Gujarat State Petronet Limited (GSPL). A bench headed by Justice TS Thakur …
State-run oil marketer Bharat Petroleum Corporation (BPCL), which is setting up its first propylene unit in Kochi, said it was ready to offer 51 per cent stake in the Rs 6,000-crore project to its Korean joint venture partner LG Chemicals. ‘We have already inked an MoU (memorandum of understanding) with …
Mumbai Government-run Hindustan Petroleum Corporation (HPCL) is eyeing stakes in overseas oil blocks, primarily in Africa and Kazakhstan, as it looks to beef up its portfolio of producing and discovered assets. The company plans to spend R3,000 crore mostly on building up its portfolio of developed assets over the next …
Securing timely payment from states against sale of subsidised cylinders beyond six would be a challenge Oil marketing companies (OMCs) are wary of the populist step of states to increase the number of subsidised cylinders. Securing timely payment from states against sale of subsidised cylinders beyond six would be a …
IOC has been pleading with the government to move petrol back to a controlled regime After two months of losses, oil marketing companies (OMCs) have started making profits on sale of petrol, thanks to the softening global price and an excise cut announced by the government last week. The OMCs …
Kochi The Kerala government on Friday wrapped up a MoU with Bharat Petroleum for a slew of petroleum and gas projects totalling an investment to the tune of Rs.20,000 crore. Chief minister Oommen Chandy signed the pact with BPCL chairman RK Singh on the final day of the three-day Emerging …
