Indian Oil Corporation (IOC)

Order of the National Green Tribunal regarding the deplorable condition of a water tank, Golconda Fort, Hyderabad, Telangana, 05/06/2025

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 …

West Bengal government scraps chemical hub at Nayachar

KolkataThe Mamata Banerjee government on Friday scrapped the proposed petroleum, chemicals and petrochemicals investment region (PCPIR) at Nayachar in East Midnapore district, citing environmental reasons. While in the Opposition, the Trinamool Congress had opposed the Nayachar project vociferously. The government had announced that it would not allow a nuclear power …

Petrol prices may be cut as global crude oil eases

New Delhi Prices of the fuel have gone up 33% since being decontrolled last year Easing global crude oil price — $103 a barrel on Monday, down from an average $113 a barrel in the first quarter — has nearly covered the losses that retailers IOC, HPCL and BPCL make …

MPs ask for cap on LPG subsidy

Restricting the supply of subsidised cooking fuel may no longer be a politically difficult task, with a Parliamentary panel asking the government to do away with the sale of subsidised domestic LPG to people with more than Rs 6 lakh annual income. If the recommendation goes through, those with income …

HC stays construction on Mahanadi

CUTTACK: The war over diversion of Mahanadi water to industries from Cuttack has assumed a new dimension with the Orissa High Court stepping in on Friday to issue a stay on the constructions on the river bed. The Division Bench of Justices BP Das and MM Das directed a halt …

Iran threatens to block oil supplies to India

Iran has threatened to block supplies of oil to India because of $5bn in unpaid fees that are blocked due to international sanctions against Iran. Indian refiners have started looking for oil sources in different markets as Iran says it will block supplies for the month of August, people familiar …

Indecision keeps proposed Nepal-India oil pipeline in limbo

The much talked about Nepal-India cross-border petroleum pipeline project is yet to take off, thanks largely to indecision on the part of the Nepal government. Construction of the 40-km long Raxaul-Amlekhgunj pipeline is currently stalled with Nepal Oil Corporation (NOC) undecided whether to build it on its own or have …

Fuelling worries, LPG prices go up by Rs 4 again

After a steep hike of Rs 50 on the prices of each cooking gas cylinder last month, another increase of Rs 4 has been done earlier this month owing to an increase in a dealer

Honeywell arm to launch green diesel tech in India

New Delhi Move over bio-diesel, the new green diesel is all set to revolutionalise the fuel market by offering cost-effective and environment-friendly solution for the transport sector in the country. US-based diversified technology and manufacturing company, Honeywell, is planning to launch its new technology for the production of green diesel …

Petroleum ministry to cap LPG cylinder sale

The government is planning to cap sale of subsidised cooking gas (liquefied petroleum gas) cylinders to each household in a phased manner, while putting in a mechanism for direct transfer of subsidy to the intended beneficiaries. Consumers will have to buy cylinders above the specified quota at the market price. …

GoM for no extra duty on diesel cars

New Delhi Despite a wider excise duty difference between petrol and diesel, the group of ministers on fuel pricing led by finance minister Pranab Mukherjee has ruled out imposing any additional excise duty on diesel cars, which was proposed last year in a report by former Planning Commission member Kirit …

EGoM meet to consider fuel price hike

In a bid to bring some respite to the bleeding oil marketing companies (OMCs), the empowered group of ministers (EGoM) headed by Finance Minister Pranab Mukherjee will meet today to review the diesel and domestic LPG prices. The meet could lead to a diesel price hike which was last revised …

GAIL moves SC against PNGRB

New Delhi The Supreme Court on Thursday issued notices to the Petroleum and Natural Gas Regulatory Board (PNGRB) and Gujarat State Petronet (GSPL) on a petition filed by public sector gas utility GAIL against the former

Reddy seeks immediate rise in diesel, kerosene and LPG prices

Petroleum minister S Jaipal Reddy has sought an immediate rise in the prices of diesel, kerosene and domestic liquefied petroleum gas (LPG). The empowered group of ministers on fuel pricing was likely to meet soon, he said today. The finance minister Pranab Mukherjee-headed group was first supposed to meet on …

Meeting on diesel price hike put off

The government has yet again deferred a decision on raising prices of diesel, kerosene and cooking gas, needed to rein in the fiscal gap, government sources said on Wednesday, as it deals with one of the worst political crises in recent years. It was the third time in two months …

Posco project: Civil disobedience stir from today

Accusing the Odisha government of resorting to forcible land acquisition for Posco steel project in Jagatsinghpur district, five political parties have decided to stage civil disobedience agitation here on Monday. Leaders of CPI, CPM, Forward Bloc, RJD and Samajwadi Party at a meeting alleged that the state government used force …

Parties stage disobedience stir against Posco land acquisition

Alleging forcible land acquisition for Posco steel project near Paradip, five political parties on Saturday resolved to go for a civil disobedience agitation in front of the state secretariat on Monday. The leaders of five parties comprising CPI, CPM, Forward Bloc, RJD and Samajwadi Party in a joint meeting condemned …

Chatterjee readies Rs.4,000 crore projects

Sensing the winds of change blowing through the state, Purnendu Chatterjee, the key promoter of Haldia Petrochemicals Ltd (HPL) is hopeful of being able to make a break with the past and take HPL to the next level. On Monday, he became one of the first industry-chiefs to announce new …

Residents to pay Rs 500cr more for petrol in state

JAIPUR: Thanks to the steep rise in petrol prices, the exchequer will be richer by another Rs 500 crore, to be paid by the residents of the state alone. People of Rajasthan will be paying a lot more than other cities like Delhi for petrol. Over the past two years, …

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