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Petrol prices hiked by 65 paise, diesel price cut by Rs.1.35
July 2015
Oil marketing companies (OMCs) on June 15, announced Rs 0.64 a litre increase in petrol prices and Rs 1.35 per litre cut in diesel prices to align domestic rates with global price benchmarks.
Gujarat earned Rs.15,500 crore through tax on petrol, diesel
April 2015
The Gujarat government has said that it earned more than Rs 15,500 crore through Value Added Tax (VAT) as well as cess on the sale of petrol and diesel during last two years.
No roll-back of excise duty hike on diesel, petrol
January 2015
The government has said it has no plans to roll-back the recent hike in excise duty on diesel and petrol. Minister of State for Finance Jayant Sinha said that there would be no rollback in a written reply when asked whether the government would review
Anonymous threatens oil firms
July 2014
The UAE's Adnoc and Enoc are among the list of oil, gas, and energy companies that may come under cyber-attacks on June 20 or closely after that, security firm Symantec has warned. According to Symantec, a hacker group called Anonymous, which recently threatened to hack corporate sponsors of the FIFA World Cup.
Gas prices should be market linked
July 2014
The intention of the government is focused towards long term benefit and growth. Hence the proposed increase of natural gas prices should augur well for the country in the long run, says TK Ananth Kumar, Former Director (Finance) Oil India Ltd.
Petrol pumps in Maha's Aurangabad shift to solar energy
April 2013
Bothered by by constant power cuts, owners of petrol pumps in Maharashtra's Aurangabad region, especially those in rural areas, are switching to solar power. One can find solar panels near petrol pumps in Vaijapur road near Aurangabad. Four petrol pumps located on the outskirts of Sillod, on Vaijapur road and Beed bypass road near Aurangabad, are currently running the petrol dispensing machines with the help of solar energy.
Petrol pumps in Maha's Aurangabad shift to solar energy
April 2013
Bothered by by constant power cuts, owners of petrol pumps in Maharashtra's Aurangabad region, especially those in rural areas, are switching to solar power. One can find solar panels near petrol pumps in Vaijapur road near Aurangabad. Four petrol pumps located on the outskirts of Sillod, on Vaijapur road and Beed bypass road near Aurangabad, are currently running the petrol dispensing machines with the help of solar energy.
Moily stresses on fuel price hike
March 2013
Union oil minister M Veerappa Moily underscored the need to raise prices of fuel in the domestic market given the huge payment for imports of crude oil into India.
Moily stresses on fuel price hike
March 2013
Union oil minister M Veerappa Moily underscored the need to raise prices of fuel in the domestic market given the huge payment for imports of crude oil into India.
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