oil companies

From 1st April, 2016, Chandigarh has become kerosene free, with the efforts of the city Administration and Oil Marketing Companies. Thus, no further distribution of subsidized kerosene will be done in Chandigarh from the month of April,…

New Delhi, Dec 16: With the Indian basket of crude oils going below $35 a barrel, state-run Indian Oil Corp (IOC) on Tuesday announced price cuts on petrol by 50 paise a litre, and of diesel by 46 paise in Delhi, with corresponding decrease…

New York, Dec 8: US stocks fell on Monday after Friday's big rally, dragged down by a sharp decline in energy as oil prices hit a near-seven-year low. The Dow Jones Industrial Average lost 117.12 points, or 0.66 percent, to 17,730.51.…

New Delhi, Dec 1: The price of non-subsidised LPG, or the cooking gas a consumer buys on exhausting the subsidy quota, was on Tuesday hiked by Rs.Rs.61.50 per 14.2 kg cylinder, while aviation fuel (ATF) rates were marginally cut by 1.2…

New Delhi, Nov 30:The three state-run oil marketing companies (OMCs) on Monday reduced petrol and diesel prices in the national capital by Rs.0.58 per liter and Rs.0.25 per liter respectively. The revised prices for the states will be…

New Delhi, Nov 15: State-run Indian Oil Corp on Sunday announced a hike in the price of petrol by 36 paise a litre and of diesel by 87 paise at Delhi, effective midnight. The petrol and diesel rates shall experience a corresponding…

New Delhi, Sep 30: The price of domestic natural gas was cut to $3.82 per unit for the period October 1, 2015, till the end of this fiscal, the government announced on Wednesday. "In accordance with the New Domestic Natural Gas Pricing…

Petrol prices were reduced by Rs 2 per litre, while the diesel prices were cut by 50 paise per litre. The changes will take effect from midnight today. Decrease in global crude prices as well as depreciation of Indian Rupee have been…

New Delhi, Aug 25: As global crude oil prices plumetted to fresh six-year lows, the Indian basket also fell to $42.97 per barrel from $45.21 on the trading day before, as per official data released on Tuesday. The Indian basket --…

Washington, Aug 19: US Democratic presidential frontrunner Hillary Clinton distanced herself from President Barack Obama's fresh approval for offshore drilling in the Arctic. "The Arctic is a unique treasure," said Clinton on Twitter on…