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 …
Ruling out any further hike in the prices of diesel and domestic LPG, Petroleum and Natural Gas Minister Jaipal Reddy said on Tuesday he was wary of applying another round of price hike though the current retail rates were lower than the cost of production. The oil marketing companies (OMCs) …
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 …
The deal entitles the two to a 30% share in daily production of 1,850 barrels of oil equivalent Government-owned Oil India Limited (OIL) and Indian Oil Corporation (IOC) have together acquired 30 per cent stake in a producing US shale asset at an investment of $82.5 million (Rs 427 crore). …
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 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 …
INDIA-: ONGC, IOC, Oil India bid for Conoco Canada oil assets A trio of state-controlled oil companies on Monday said it has bid $5 billion for stakes in Canadian oil sands assets owned by ConocoPhillips , in what could be the next major test of Canada's appetite for foreign investment …
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 …
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 …
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’ …
The Tamil Nadu Government has commenced the implementation of its ambitious programme to provide solar-powered lights to 300,000 homes in the State. Work on this has been going on in the last couple of weeks in the Tiruchi district and 60,000 homes would be lighted in the current financial year, …
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 …
New Delhi Falling KG-D6 output, costly imported LNG hem in power plants India's gas-based power stations are facing an uncertain future. Depleting output from Reliance Industries’ KG-D6 block and non-availability of adequate infrastructure to handle liquefied natural gas (LNG) imports are set to trigger suspension of about 7,000 MW of …
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 …
The Indian Oil Corporation Ltd has urged its dealers to run petrol pumps on solar energy as part of a nationwide green initiative. The oil company had recently organized a seminar-cum-demonstration on solar based energy solutions followed by a pilot demonstration at a company-owned company-operated petrol station in Pune. Nearly …
GAIL, IOC keen to source LNG from Russia GAIL (India), Indian Oil Corporation (IOC) and ONGC Videsh Limited (OVL) have expressed their willingness to source LNG on long- and medium-term basis from existing and upcoming LNG liquefaction terminals, including for the Ennore LNG terminal, in Russia. Senior officials in the …
