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Mail Today Bureau
New Delhi, August 30, 2016
Net profit of Rs 8,268.98 crore, or Rs 34.90 a share, in April-June was 25.46 per cent higher than Rs 6,590.83 crore, or Rs 27.81 per share, in the same period a year ago.


PTI
Mumbai, August 20, 2016
Oil minister Dharmendra Pradhan on Friday distributed around 3,000 free LPG stoves under the free cooking gas scheme titled the \"Ujjwala Yojana' and expressed hope that the Centre would be able to cover the entire megapolis in over two years.


PTI
Mumbai, August 16, 2016
The GST law in its present form excludes a major portion of the oil and gas industry products thereby excluding the industry from most of the benefits of the one-tax-one-nation proposal.


PTI
New Delhi, August 1, 2016
A subsidised 14.2-kg cylinder will now cost Rs 423.09 in Delhi as against Rs 421.16 previously, according to state-owned oil firms.


PTI
New Delhi, July 13, 2016
On July 1, kerosene price was hiked by 25 paise a litre, the first increase in rate of the highly subsidised cooking and lighting fuel in five years.


BT Online
New Delhi, July 13, 2016
The stock of ONGC was the top gainer on both the benchmark indices and gained as much as 5.94 per cent to Rs 241.30 on the BSE, while stock of OIL surged as much as 3.97 per cent.


BT Online
New Delhi, July 13, 2016
The headline indices traded in a range as investors booked profits ahead of quarterly results. Uncertainty also prevailed in the market as investors await the govt's announcement on the next central bank governor.


BT Online
May 27, 2016
The company said it earned $6.59 on turning every barrel of crude oil into fuel in 2015-16 as opposed to a gross refining margin of $3.62 a barrel in the previous fiscal.


PTI
New Delhi, May 26, 2016
Country's biggest oil explorer ONCG on Thursday reported 12 per cent jump in the March quarter net profit as it reversed part of impairment losses and got back some of the fuel subsidy from the government.


PTI
New Delhi, May 9, 2016
Prices of petrol were reduced 32 times and increased 21 times while diesel prices were slashed 19 times and raised 28 times since 2013, Commerce Minister Nirmala Sitharaman said on Monday.


PTI
New Delhi, May 2, 2016
Kerosene sold to non-ration card segment outside the subsidised public distribution system (PDS) will cost Rs 49,109.05 per kilolitre (kl) or Rs 49.1 a litre in Delhi as against Rs 46,172.13 per kl previously.


Sunil K Sinha
February 10, 2016
A sustained government expenditure on rural infrastructure will be critical to reduce rural distress.


PTI
New Delhi, April 26, 2016
Fuel consumption, which rose 10.9 per cent in 2015-16 to 183.5 million tonnes, is projected to rise to 190.03 million tonnes, according to demand estimates made by Oil Ministry.


Reuters
April 13, 2016
Fuel consumption, a proxy for oil demand, rose 10.9 per cent to 183.5 million tonnes between April 2015 and March 2016, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.


Niti Kiran
February 12, 2016
For upstream companies in India, the net realisations are an inter-play of the subsidy burden and the price of the Indian crude basket. However, when crude prices rise above $45/bbl, the subsidy sharing will come into play.


PTI
Paradip (Odisha), January 26, 2016
The massive delay in completing the project has led to a cost escalation of over Rs 3,500 crore at Rs 34,555 crore and an interest payout of Rs 7,500 crore, the company said.


BT Online
New Delhi, January 25, 2016
Union Minister for Petroleum and Natural Gas Dharmendra Pradhan said oil marketing companies are mulling to sell new cooking gas on an EMI basis, just like for other consumer durables.


S P S Pannu
New Delhi, January 12, 2016
During the next financial year, production will be stepped up to 80 per cent of its capacity after which it will be increased to 100 per cent, he added.


By Sumant Banerji
Delhi, January 16, 2016
What is worrying is that this unexpected boost has not produced any buoyancy in the economy. Alongside declining exports, domestic demand also remains low, undermining corporate appetite for investment.


PTI
Mumbai, January 5, 2016
The proposed extension of DBT scheme to kerosene could result in an estimated savings of up to 40 per cent on under-recoveries if implemented nationally, says a report.


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