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 …
A hike of nearly Rs. 10 a litre for the bulk diesel consumers that includes the railways, transport undertakings and the defence, cement, mines and power sectors will trigger an all-round hike in public road transport costs, rail fares, costs of cement and other infrastructure related activity across the country. …
Govt has permitted oil companies to increase diesel price by 45 paise a month Bulk consumers will have to pay market price, to be revised every fortnight; Consumers would get nine subsidised cooking gas cylinders a year, instead of six at present Unwilling to announce a hike in diesel price, …
Faced with a hefty bill of close to R1 lakh crore this fiscal towards compensating oil marketing companies on selling diesel below cost and naysaying by the finance ministry, the petroleum ministry is set to ask the bulk consumers of the fuel to buy it at market rates. Currently, bulk …
The Union petroleum ministry has issued directives to Indian Oil Corporation (IOC) to not consider any investment in Haldia Petrochemicals (HPL) since the oil major has no room to leverage its finances with government subsidy required to post profits. IOC posted a R22,451 crore net loss in the first quarter …
The Indian Oil Corporation’s R910-crore LPG pipeline project has hit a 20-acre sticky patch in Haldia. The land is crucial since the oil major has planned a pumping station on it which would enable gas flow through a 300-km-long pipeline from Haldia to Durgapur and right up to Kalyani. An …
All three victims are contract workers; compensation ordered Three persons were killed in the fire that broke out in a storage tank of the Indian Oil Corporation (IOC) terminal at Hazira, near here, on Saturday. The fire was contained after a 21-hour operation, officials said on Sunday. “The body of …
Finmin aims to make substantial savings in oil subsidy payouts Alarmed by the R1.7-lakh-crore oil subsidy demand for this fiscal, the finance ministry has decided to revisit a suggestion made by expert committees in the past: Work out the subsidy entitlement of oil marketing companies (OMCs) according to 100% export-parity …
Three people were killed and one person has been reported missing in the fire accident at IOC at Hazira in Surat on Saturday noon. The financial loss in the incident has been estimated to be Rs 45 crore. The fire and emergency teams of Surat Municipal Corporation (SMC), which reached …
The oil ministry has moved two separate cabinet notes - one to raise cap on supply of subsidised cooking gas cylinders and the other to increase fuel prices, particularly diesel, by less than a rupee per month to pair it with market rates and eventually deregulate it in next 15 …
Hike being mulled as govt scrambles to find ways to meet Rs 1,60,000 cr deficit expected this fiscal on selling diesel, LPG and kerosene below production cost Diesel prices may be hiked by Rs 10 per litre over a 10-month period and kerosene rates increased by same quantum over the …
The three firms -- IOC, RIL and BPCL -- have retained their last year's respective ranks State-run Indian Oil Corp is the biggest company in terms of revenue, followed by Reliance Industries, according to the Fortune 500 list of Indian companies for 2012. This year's list of the country's 500 …
Appoints Foster Wheeler as consultant to prepare project report Even as domestic gas production has fallen 8 per cent, Oil India Ltd (OIL) is planning to set up a liquefied natural gas ( LNG) receiving terminal in India. The company plans to set up a 2.5-million tonne (mt) capacity terminal. …
Indian Oil Corporation (IOC), on Tuesday, said it had plans to set up a Rs.30,000-crore refinery on the West coast in Gujarat or Maharashtra, as part of its programme to raise the refining capacity to 100 million tonnes by 2021-22. So far, it has no coastal refinery, impairing its ability …
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. …
Mumbai In what could be a festival gift for consumers from oil marketing companies, the price of petrol has been reduced by 95 paise per litre effective Friday. But the relief may be shortlived as state-owned retail entities have expressed concern over the “significant” volatility in dollar-rupee exchange rate that …
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 …
Price of non-subsidised cooking gas, which consumers buy beyond the quota of 6 cylinders was hiked on firming international rates The price of non-subsidised cooking gas (LPG), which consumers buy beyond the cheaper quota of six cylinders, was today hiked by Rs 26.50 to Rs 922 per unit on firming …
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 …
