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 …
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 …
Public sector Hindustan Petroleum Corporation Limited (HPCL) is looking at reviving its plan to set up a greenfield refinery plant in Visakhapatnam. The company already operates an 8.3-million tonne (mtpa) capacity refinery at the port city. The plan remained only on paper after HPCL was allotted 1,500 acre land five …
The two moves to cut OMCs' underrecovery by Rs 20,300 cr this year In the second major oil sector reform after petrol decontrol of June 2010, the government on Thursday capped subsidised domestic liquefied petroleum gas (LPG) for a consumer to six per year. For a consumer using 12 LPG …
The Appellate Tribunal for Electricity (ATE) on Wednesday issued notices to the three PSU oil marketing companies IndianOil (IOC), Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL) on petitions filed by Reliance Industries, Essar Oil and Shell. The three companies have challenged the dismissal of their plea by sector regulator Petroleum …
The Unique Identification Authority of India (UIDAI) will take up the implementation of the innovative direct transfer of subsidy scheme on a pilot basis in Mysore from the second week of this month. The UIDAI has informed all banks that it will start crediting the subsidy amount to the beneficiaries’ …
Hindustan Petroleum Corp Ltd’s planned $4 billion refinery at Ratnagiri in Maharashtra would depend on lifting of environmental moratorium on projects in that region, Parliament was informed today. HPCL plans to set up a 9 million tonnes per annum (MTPA) greenfield refinery in Ratnagiri district of Maharashtra, Minister of State …
A nine-member working group will examine the ecology expert panel report The Western Ghats Ecology Expert Panel report, submitted by ecologist Madhav Gadgil last year, was further delaying the Rs 30,000-crore refinery project of Hindustan Petroleum Corp Ltd (HPCL) in Maharashtra, a senior official of the state-run oil marketing firm …
Forced to scale down petroleum retail operations, Reliance Industries Ltd and Essar have taken their predatory pricing complaint against government oil marketing companies (OMCs) to the Appellate Tribunal for Electricity. In July, the PNGRB (petroleum and natural gas regulatory board) had dismissed a plea of these private fuel retailers against …
New Delhi GAIL India has moved the Supreme Court challenging the Appellate Tribunal for Electricity order that upheld the PNGRB’s decision to accept the technical bid of the Gujarat State Petronet-led consortium for laying the R5,000-crore Mallavaram-Bhopal-Bhilwara-Vijaipur gas pipeline project. GSPL, which currently operates about 2,000 km of pipelines in …
Petrol pricing may officially be out of the government’s control, but a veiled intervention by the government has resulted in Indian Oil Corp and other state-run oil marketing firms Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) differing on what is the best solution. BPCL and HPCL …
New Delhi The Cabinet Committee on Economic Affairs (CCEA) is likely to consider awarding of eight more oil and gas blocks that were offered in the ninth round of bidding under New Exploration Licensing Policy (NELP), on Tuesday. The government had offered 34 areas for exploration and production of oil …
New Delhi After three consecutive price cuts in petrol since the first week of June, oil marketing companies IOC, HPCL and BPCL on Monday raised the price by 70-89 paise a litre citing increase in global oil prices and movement in the rupee-dollar exchange rate. With this price revision, petrol …
Uttar Pradesh, which has about 4,000 mines of coal, silica, bauxite and granite – mostly in Bundelkhand region, has mandated e-tendering for future allotment of mining leases in the state. This step is aimed at preventing hitherto rampant illegal mining and ushering transparency in allotment of mining leases. Under the …
Bangalore: The government is close to taking a decision on capping the number of subsidized LPG cylinders to “econonomically not weaker” sections to bring down the subsidies by up to Rs 10,000 crore annually, minister of state for petroleum and natural gas R P N Singh said on Wednesday. The …
Do you have more than one cooking gas connection at home? If yes, you better watch out. National oil companies — Indian Oil, Bharat Petroleum and Hindustan Petroleum — have begun the process of identifying those with multiple connections. Such customers must either surrender the extra connections or face the …
New Delhi The sharp fall in petrol prices in Asian markets paved the way for oil marketing companies to reduce petrol prices by R2.46 per litre to R3.22 per litre to provide a much needed relief to consumers. This is the second consecutive price cut by the oil marketing companies …
Private oil companies, which have been pushed out of the fuel retail market because of cheap sales by state-run rivals, are having the last laugh as diesel demand has risen so rapidly that public-sector firms are forced to buy more fuel from Reliance and Essar at international rates. State oil …
Mumbai:Petrol car owners may soon heave a sigh of relief as oil marketing firms are expected to cut the prices by up to Rs 2 per litre on Friday due to international crude prices declining. Crude prices, which fell to $96.5 per barrel on Wednesday, the lowest level in the …
The Competition Commission of India (CCI) has questioned the coordinated pricing strategy of state-owned oil marketing companies (OMCs). It plans to write to these companies over the matter soon. “The coordinated approach of OMCs is not only impacting consumer interest, it is also likely to create entry barriers for private …
New Delhi State-owned fuel marketers IOC, HPCL and BPCL on Thursday ruled out an immediate rollback of the steepest petrol price increase of R7.5-R8 a litre from Thursday night but conceded that if the government instructs them to cut prices, they have no other go but to follow their majority …
