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OIL COMPANIES NEWS
Government asks oil companies to build 30-day LPG reserves amid Hormuz supply risks
May 30, 2026 3:27 am
Speaking to reporters, Sharma said that the proposal is still at an early stage and declined to comment on a timeline for these reserves to be created.
LPG customers don’t belong to distributors: Kerala High Court upholds landmark 2025 transfer policy
March 14, 2026 2:38 pm
The court dismissed two writ petitions filed by an association of LPG distributors and several individual dealers challenging the February 21, 2025 policy on “Customer Transfer – Market Restructuring”.
Top 10 oil companies in the world 2025: Only 1 Indian company among top 50; here's the full list
August 20, 2025 3:41 pm
Top 10 biggest oil and gas companies by market cap 2025: Saudi Aramco is valued at a staggering $1.55 trillion, making it the largest oil and gas company on the planet by market capitalisation.
Oil Projects must consider full climate impact, top UK court rules
June 22, 2024 1:19 am
Previously, councils and planning groups in Britain were obligated to consider only the planet-warming emissions from their own operations.
Oil companies want Kenya to loosen strict stance on plastics
September 01, 2020 5:54 pm
Environmentalists fear Kenya is now under pressure not only to weaken its resolve but to become a key transit point for plastic waste to other African countries.
Crude oil-related stocks crash amid escalation in US-Iran tensions
January 06, 2020 11:48 am
Shares of oil depended companies such as oil marketing companies (OMCs), tyre and paint companies were trading lower following rise in the global crude oil prices following the escalation in tensions between the US and Iran.
Oil companies' shares fall on OPEC output cut buzz
December 06, 2019 6:25 pm
According to reports, OPEC and Russia along with other producers were attempting Friday to finalize a deal to cut production in an attempt to support the price of fuel and energy around the world.
India to invite foreign firms to invest in state-owned oil companies
November 12, 2019 1:41 pm
"We are inviting oil majors," Petroleum Minister Dharmendra Pradhan told reporters at an energy conference in Abu Dhabi.
Chevron economist, waiting for Tesla Model 3, says oil cos unfazed by electric cars
December 11, 2017 12:40 pm
A Chevron economist, who has booked a Tesla Model 3 says that major petrochemical companies aren't too concerned by the rise of electric vehicles, as their current numbers total 1 per cent of the automobile market.
Maharashtra: Oil companies to face heat for petrol pump frauds, says Girish Bapat
October 05, 2017 3:53 am
He also said the government has decided to replace the metallic jars used for testing and verification purposes at the petrol pumps with glass jars, to avoid tampering complaints.
OIL COMPANIES VIDEOS
Petrol pumps remain shut in Kerala
March 01, 2016 9:05 am
Kochi, Mar 01 (ANI): Kerala petrol pump owners have gone on an indefinite strike all over the state, demanding renewal of their licenses. The strike, called by the All Kerala Federation of Petroleum Traders has come up following oil companies’ stance of not renewing the licenses of petrol pumps.
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