Last Updated: Tuesday, June 2, 2015, 18:00
State-run transmission utility Power Grid Corporation (PGCIL) is planning to invest Rs 22,500 crore this fiscal to fuel its expansion plans.
Last Updated: Monday, June 1, 2015, 14:08
Price of aviation turbine fuel (ATF), or jet fuel, in Delhi was raised by Rs 3,744.08 per kilolitre (kl), or 7.54 per cent, to Rs 53,353.92, oil companies announced today.
Last Updated: Monday, May 25, 2015, 18:19
Iran will raise gasoline prices by some 40 percent, the country's official news agency reported, the latest cut to the Islamic Republic's fuel subsidies that cost it some USD 32 billion a year.
Last Updated: Friday, May 22, 2015, 18:01
The company had a foreign exchange gain of Rs 168 crore. It earned good refining margin, earning USD 8.56 on turning every barrel of crude oil.
Last Updated: Friday, May 22, 2015, 11:44
Indian Oil Corp (IOC) will get Rs 2,932 crore subsidy and Bharat Petroleum Corp Ltd (BPCL) Rs 2,291 crore for selling fuel below cost in Q4 of 2014-15, but Hindustan Petroleum Corp Ltd (HPCL) will not get any support.
Last Updated: Wednesday, May 20, 2015, 14:08
Indian Oil Corp (IOC) is seeking a total of 15,500 tonnes of jet fuel and superior kerosene for June 15-17 arrival at Chennai and Vasco in Goa, likely the third time this year the state-owned refiner is looking to import middle distillates.
Last Updated: Friday, May 15, 2015, 18:54
Dealers claimed that there was a drop of about 15-20 percent in diesel sale of fuel pumps witnessed in border districts of Punjab after raised VAT.
Last Updated: Friday, May 15, 2015, 15:03
Coal India, which accounts for over 80% of the domestic coal production, missed the output target for 2014-15 by 3%.
Last Updated: Sunday, May 10, 2015, 14:32
The government will provide as much as Rs 3,500 crore in financial support to the power plants this fiscal.
Last Updated: Friday, May 8, 2015, 18:00
Excise duty collection on petrol and diesel jumped over 50 percent in 2014-15 to Rs 74,465 crore as the government on multiple occasions raised tax rates to shore up its revenues.
Last Updated: Monday, May 4, 2015, 11:23
US benchmark West Texas Intermediate fell two cents to $59.13 while Brent eased seven cents to $66.39 in afternoon trade.
Last Updated: Sunday, May 3, 2015, 13:36
The Oil Ministry wants UK's BP plc to furnish a bank guarantee and an undertaking that it will meet the minimum investment requirement for getting a licence to retail jet fuel (ATF) to airlines in India.
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