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
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The local route
This is the story of how Suvendu Gupta cracked a long-standing problem. For two years now, the brand manager (LPG) at Hindustan Petroleum Corporation had been tryng to start community kitchens in
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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
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HPCL to set up 9 CNG outlets in city
The Adnani group, the sole licensee for compressed natural gas (CNG) supply to Ahmedabad and Vadodara, has given its consent to the Gujarat State Government to allow Hindustan Petroleum Corporation
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Farmers plan mass sit-in near Mangala oil fields today
Pachpadra Residents Want Work To Start The demand to set up the proposed refinery at Leelala in Baytoo area of Barmer district is gaining momentum. After staging dharna in Barmer and Baytoo, the Refinery Bachao Samiti has started preparations for a dharna on Monday near the Mangala oil fields.
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Oil companies warn of fuel supply cuts : govt
New Delhi Consumers could prepare for shortages in auto and cooking fuel supplies. Oil retailers IOC, HPCL and BPCL have informed the government that if their losses from selling fuel below cost are not adequately compensated, “it may adversely impact the supply-demand balance of petroleum products,” Minister of state for petroleum and natural gas R.P.N. Singh told Rajya Sabha on Tuesday.
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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.
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No petrol price hike till subsidy issues tackled
New Delhi In what could give a reprieve to consumers who have been fearing another hike in petrol price, the government has decided to put the proposal in abeyance. According to official sources, oil marketing
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Natarajan calls for corpus fund to tackle sea oil spills
Union environment and forests minister Jayanthi Natarajan on Thursday called for setting up a corpus fund to help quick response to oil spills in the sea and protecting India's fragile coastal eco-system.
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CCI to write to oil firms on raising prices in unison
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 players in the sector. We will write to them about it soon,” a senior CCI official told Business Standard.
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Petrol prices raised by . 3/lt, diesel unchanged
STATE-RUN oil firms have decided to raise petrol prices by about . 3 to partly make up for higher cost of crude oil, but diesel rates remain unchanged for the time being. Bharat Petroleum Corp has raised petrol price by . 2.95 a litre in Delhi from Wednesday, a company spokesman said. Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) are also finalising new petrol rates.
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Govt to pay 8k-cr subsidy to oil firms
THE government has decided to pay .
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Sharing the burden
The recent cooling of oil prices to levels of $80 per barrel is perhaps getting oil marketing companies such as BPCL, HPCL and IOC excited. When the government worked out the
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Petrol excise may be cut, new tax to hit diesel cars
New Delhi The attraction of a diesel-fired car could come down soon as the government is considering a plan to cut duty on petrol and at the same time impose an additional tax on diesel-powered cars.
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Courts can’t decide on oil prices: SC
New Delhi The Supreme Court on Friday dismissed a petition seeking deregulation of petrol prices, restoration of Administered Pricing Mechanism and rationalisation of taxation of petroleum products.
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Diesel, LPG, kerosene prices too may go up
With yet another petrol price hike looming large, the Petroleum Ministry said on Wednesday that it was up to the oil marketing companies (OMCs) to decide on the issue since the fuel has been deregulated.
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Ethanol blending resumes after more than a year
Ethanol blending with petrol has resumed after more than a year. Last week, sale of blended petrol started in Bangalore, Mathura and parts of Gujarat.
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City’s public transport is the worst’
Among Indian cities, the public transport system in Bangalore is the worst in terms of the numbers using it, modes of transport and connectivity, said M.A. Saleem, Additional Commissioner of Police, Traffic. He was speaking at the inauguration of a campaign, Oil and Gas Conservation Fortnight, organised jointly by public sector oil companies Bharat Petroleum, Hindustan Petroleum Corporation and Indian Oil Corp. The campaign involves awareness drives across the city, with a particular focus on school and college students.
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HPCL gets Golden Peacock innovation award
Hindustan Petroleum Corporation Ltd (HPCL) has been awarded the prestigious "Golden Peacock Innovation Award 2004" by the Institute of Directors for innovation in manufacturing of viscosity index
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HPCL to set up Bathinda refinery on Punjab terms
Hindustan Petroleum Corporation Limited (HPCL) will implement the Guru Gobind Singh Oil Refinery project at Phulo Khari village of this district on the terms and conditions laid down by the Punjab