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oil firms
OIL FIRMS NEWS
Petrol price down by over Rs 3 per litre,but diesel hiked by 50 paise
September 30, 2013 8:12 pm
Cut in petrol price is the first reduction in rates since May.
Losses on diesel sales at record Rs 14.50 a litre
September 16, 2013 6:04 pm
Diesel losses had last touched about Rs 14 per litre in January,2012.
Oil marketing firms demand one-time hike in diesel price
August 27, 2013 3:24 am
Losses on sale of diesel at government controlled rates,had dropped to under Rs 3 per litre in May
Petrol price hiked by 70 paise per litre,diesel by 50 paise a litre
April 09, 2014 2:37 pm
The increase in the fuel prices will be implemented with effect from Wednesday midnight.
FM: Cash payouts for oil firms to be limited to Rs 20K crore this fiscal
May 24, 2013 4:05 am
Finance minister P Chidambaram on Thursday said cash payouts to oil firms in 2013-14 would be limited to Rs 20,000 crore.
Petrol price cut by Rs 2.46 per litre
June 28, 2012 7:40 pm
Fall in petrol price in Asian markets has paved way for oil companies to reduce petrol price.
Oil cos put off petrol price cut due to weak rupee
June 18, 2012 8:17 pm
State-owned oil firms have decided to wait-and-watch" the rupee-dollar rate before deciding to cut petrol prices.
OMCs incurred huge losses,nominal profit
June 04, 2012 12:50 am
Dismissing false impression of having made huge profits,CEOs of the three state-owned oil firms said a combined bailout package totalling a whopping Rs 1,38,500 crore
Oil firms cut jet fuel price by Rs 169.3
April 15, 2012 5:56 pm
The price of aviation turbine fuel (ATF),or jet fuel,in Delhi was reduced by Rs 169.3 per kl.
Oil firms warn disruptions in supply if petrol prices not increased
April 02, 2012 2:59 pm
The companies wants compensation for Rs 48 cr per day loss they incur on selling fuel below cost.
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