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Petrol Prices slashed by 49 paise/litre 01 April 2015
After two consecutive hikes, petrol prices were on Wednesday cut by 49 paise per litre and diesel by Rs 1.21 a litre on softening international oil rates. The reduction in rates will be effective from midnight tonight.Prices of petrol in...
Keywords: Indian Oil Corp (IOC), Indian Oil Corp (IOC), Indian Oil Corp (IOC), Diesel
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Petrol rates slashed by Rs 2, diesel untouched 16 March 2013
Fuel retailers have pared the petrol prices by Rs 2 effective starting Saturday, after the international prices slashed. The benefits of the price slash have been forwarded to the public, unlike before, in terms of petrol. However, the government still...
Keywords: diesel untouched, indian oil corporation, bharat petroleum, diesel untouched
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Petrol price may be hiked next month 26 December 2011
Petrol price may be hiked by about a rupee per litre from next month as the Indian currency has weakened against the US dollar making imports costlier. The rate change may, however, need a political clearance as assembly elections in...
Keywords: Indian currency, Petrol prices hikes next month, Petrol prices hikes next month, exchange rate
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Partial roll back? 25 May 2012
Owing to the demands and criticism from the opposition and the public, the Congress party has asked the oil companies in the countries to roll back the petrol prices. The oil companies, who didn’t give any assurance, have nonetheless said...
Keywords: Trinamul Congress, Indian oil, Trinamul Congress, roll back
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Petrol prices rolled back 29 June 2012
The petroleum companies have rolled back the petrol prices on June 28 midnight. The price per litre has been reduced by RS. 2. 46. While individuals are expressing their happiness over the sudden roll back of petrol prices, Trinamool Congress...
Keywords: Indian Oil Corporation, petroleum prices, hike of petrol prices, Indian Oil Corporation
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Oil marketing companies push for Rs. 5 petrol price hike 07 March 2012
“We are losing Rs 5.10 per litre on petrol currently,” a senior oil company official said. With the conclusion of elections in five states, India’s three oil marketing companies met the government on Tuesday to push for an increase of...
Keywords: Bharat Petroleum, diesel, Indian Oil Corp, Hindustan Petroleum
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Indian refiners explore replacing Iranian oil 17 December 2011
Indian companies have begun talks with alternative suppliers to slowly replace Iranian oil, fearing their current mechanism for payments to Tehran for some 350,000 barrels a day (bpd) via Turkey could soon succumb to sanctions, industry sources said. Plans for...
Keywords: Industry Sources Oil Companies, replacing Iranian Oil, Industry Sources Oil Companies, replacing Iranian Oil
Read More Oxygen to Oil Companies 07 November 2013
The Government of India sanctioned a sum of Rs.8772 crores to Indian oil retailing companies who sustained loss in the quarter ending 30th September on diesel, cooking gas and Kerosene due to the sale at below cost. Indian Oil Corporation,...
Keywords: GAIL, Hindustan petroleum Corporation and Bharat Petroleum Corporation, ONGC, Hindustan petroleum Corporation and Bharat Petroleum Corporation
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Petrol, Diesel prices slashed 03 February 2015
The petrol and diesel prices have been slashed yet again by Rs 2.42 and Rs 2.25 respectively. Much to the relief the government this time did not hike the excise duty and the cut prices will come effective from Tuesday...
Keywords: Petrol price reduced, Petrol price slashed, Petrol prices in India, Rupee value
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Petrol, Diesel Prices To Change Everyday Effective From May 1 12 April 2017
The prices of the petrol and diesel, will change on daily basis, with international rates, effective from May 1. This initiative implies that, a customer has to pay a different price for petrol or diesel everyday, at the petrol pumps...
Keywords: Hindustan Petroleum, Hindustan Petroleum, Hindustan Petroleum, IOC Chairman
Read More LPG cylinder multiple-connections get red signal! 01 November 2013
Madras High Court on 31st October lifted upward Indian Oil Corporation's modified policy of giving just one LPG cylinder to the head of the family. They were found saying there is no legal moral weakness in IOC limiting subsidised LPG...
Keywords: LPG cylinder connection, Chennai, LPG supply, Nagapattinam
Read More JOBS: Jr Engineer posts in IOCL 21 August 2014
A notification was issued by Indian Oil Corporation limited [IOCL] to fill up Junior Engineer vacancies. Altogether there are 133 vacancies in the country's leading oil company. Candidates need to have a 3 year diploma in relevant field with minimum...
Keywords: junior engineer jobs in India Oil, junior engineer jobs in India Oil, Jr Engineer jobs in Indian Oil Corporation, Jr Engineer jobs in Indian Oil Corporation
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Sri Lanka Inks A Deal To Oil Tanks To Indian Oil 07 January 2022
Sri Lanka Inks A Deal To Oil Tanks To Indian Oil:- On Thursday, Sri Lanka signed a deal with the Indian Oil Corporation to lease 75 oil tanks after Sri Lanka is close to secure 500 million USD fuel credit...
Keywords: Indian Oil Sri Lanka, India and Sri Lanka deals, Indian Oil Sri Lanka news, Indian Oil Sri Lanka
Read More Gas and Diesel Costs More 01 October 2013
Effective from today cooking gas in open market costs Rs1100/- and diesel is up by Rs.0.50. Oil companies made the above announcement as per the decision taken as they do every fortnight to adjust the prices. Cooking gas rates are...
Keywords: Oil companies, IOC, Oil companies, Petrol
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