Oil companies hold diesel, petrol prices again

oil marketing companies decided to keep the pump prices of the two petroleum products unchanged on Thursday.Accordingly, diesel continues to be priced at Rs 81.18 per litre in the capital, while petrol has maintained steady levels at Rs 80.43 a litre. Oil companies had raised diesel prices marginally by 13 paisa on Wednesday while keeping […]

Selling LEDs at petrol pumps a major step in boosting oil companies’ non-fuel retail business: Pradhan

New Delhi: The government’s latest move to make LED bulbs and other energy-efficient appliances available for sale at petrol pumps will give a major fillip to oil companies’ business arising from segments other than fuel retail, oil minister Dharmendra Pradhan said.The retail fuel outlets of Oil Marketing Companies witness a total footfall of over 35 […]

Oil companies hold Diesel, petrol prices again

diesel prices increased to extend its gain over petrol in Delhi, oil marketing companies decided to keep the pump prices of the two petroleum products unchanged on Tuesday.Accordingly, diesel continues to be priced at Rs 81.64 per litre in the capital, while petrol has maintained steady levels at Rs 80.43 a litre.Oil companies had raised […]

30% of shale oil companies could go belly up if crude stays this cheap

Not only are investors leery of plowing more money into an industry with a track record of burning through cash, but climate change concerns are sending cash to cleaner alternatives like solar, wind and electric vehicles.

Oil Company California Resources Corp Files For Chapter 11 Bankruptcy Protection

Uduak-Joe Ntuk, state oil and gas supervisor for the California Department of Conservation’s Geologic Energy Management Division, said the company’s bankruptcy filing does not reduce its obligation to comply with stringent oil and gas regulations and to pay annual assessments.

Oil companies hold Diesel, petrol price rise

Oil marketing companies decided to keep the pump prices of petroleum products petrol and diesel unchanged on Wednesday.Accordingly, diesel continues to be priced at Rs 81.64 per litre in the capital, while petrol has maintained steady levels at Rs 80.43 a litre.Oil companies had raised diesel prices marginally by 12 paisa on Monday while keeping […]

Oil companies again hold diesel, petrol prices

diesel prices were increased to extend the price gap vis-a-vis petrol in Delhi, oil marketing companies on Sunday decided to keep the pump prices of the two petroleum products unchanged.Accordingly, diesel continues to be priced at Rs 81.52 per litre in the national capital, while petrol maintained steady levels at Rs 80.43 a litre.Oil companies […]

NGT directs oil companies to file status report on Vapour Recovery Systems in fuel outlets

Mr. Menon further alleged that oil companies such as IOCL, BPCL, HPCL, Shell India and Nayara Energy Ltd are currently engaged in an expansion spree — more than doubling their outlets in the State without complying with the orders on the installation of VRS, and sought a stay.

Libyan oil company resumes exports after months of blockade

Italy, a key player in the North African country with its oil giant Eni, also hailed the announcement. Italy’s foreign ministry said the shutdown had “provoked enormous damages to the finances of Libya and aggravated the humanitarian conditions of the Libyan people.”

Oil companies hold diesel, petrol prices for 3 consecutive days

New Delhi: Oil marketing companies decided to keep the pump prices of petroleum products petrol and diesel unchanged on Thursday.This is the third consecutive day when auto fuel prices have remained static after diesel prices were increased in the previous weeks on more than two occasions.With prices remaining unchanged, diesel continues to be priced at […]