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OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million
Sun, Feb 11, 2018
The contract for the oilfield in Lower Zakum Concession was signed in Abu Dhabi last evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan
ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain
Tue, Jan 23, 2018
To purchase 51.11% stake in HPCL, the state-owned Oil & Natural Gas Corp (ONGC) needs to pay about Rs 36,915 crore to the government.
IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC
Mon, Dec 25, 2017
The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".
Supreme Court allows cement industry to use petroleum coke
Wed, Dec 13, 2017
India is the world`s biggest consumer of petroleum coke, better known as petcoke, a dark solid carbon material that emits 11 percent more greenhouse gas than coal, according to studies.
Delhi Smog tug-of-war: BS VI norms in 2018 may put Maruti in a tough spot, Indian Oil says is ready
Wed, Nov 15, 2017
In a bid to curb pollution in Delhi, the Ministry of Petroleum and Natural Gas has said that it will implement the Bharat Stage-VI grade auto fuel norms by April next year instead of April 2020.
Air tickets to get expensive as jet fuel price hiked by 6%; LPG prices up by Rs 1.50
Sun, Oct 01, 2017
Aviation turbine fuel (ATF) will now cost Rs 3,025 per kl more than Rs 50,020 previously in Delhi. This the third consecutive monthly hike in ATF price, the last being by 4% (Rs 1,910 per kl) on September 1.
Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit
Mon, Aug 21, 2017
Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.
Indian Oil's net profit declines by 45% yoy in Q1; Gross refining margin at $4.48 per barrel
Thu, Aug 03, 2017
IOC recorded net profit of Rs 4,548.51 crore, down by 44.99% compared to Rs 8,268.98 crore in the corresponding period of the previous year.
ONGC not to make open offer post HPCL acquisition: Official
Sun, Jul 23, 2017
The Cabinet Committee on Economic Affairs (CCEA) last week gave in-principal approval of Oil and Natural Gas Corp (ONGC) buying out government's entire 51.11 per cent stake in fuel retailing and marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a separate listed company.
Did you notice your petrol, diesel prices have come down by Rs 5 and Rs 3 per litre in one month
Mon, Jul 17, 2017
There has been daily revision in petrol and diesel prices from June 16, 2017. IOC provides daily updates on fuel prices for four metro cities.
Did you notice your petrol, diesel prices have come down by over Rs 4 in the past 10 days?
Tue, Jun 27, 2017
Petrol and diesel prices has come down by over 4% in four metro cities since the time state-owned oil companies decided to revise prices daily.
Check daily change of your petrol and diesel prices here
Tue, Jun 20, 2017
From June 16, 2016, petrol and diesel prices are undergoing daily revision.
Check your daily change in petrol, diesel prices here
Tue, Jun 20, 2017
From now onwards, you will see daily revision in your petrol and diesel prices. We at ZeeBiz, daily update on your petrol and diesel prices would be.
Check daily changes to your petrol, diesel prices here
Mon, Jun 19, 2017
On June 19, 2017, petrol prices were slashed between Rs 21 - 28 paise and that of diesel price were changed by Rs 13 - 17 paise in four metro cities.
Daily revision: Petrol price cut by Rs 1.12 per litre, diesel by Rs 1.24
Thu, Jun 15, 2017
Prices of petrol has been decreased by Rs 1.12 per litre excluding state levies, while diesel prices have brought down by Rs 1.24 per litre excluding state levies.
After petrol and diesel, CNG prices will be revised daily too
Thu, Jun 15, 2017
State-owned oil companies are preparing to make another daily revision and this time it would be CNG prices.
Daily revision in petrol, diesel prices' nears to reality; here's what you can do
Wed, Jun 14, 2017
Daily revision in petrol and diesel prices is just one day away from becoming a reality. Trouble in knowing the daily change in fuel prices, not to worry Indian Oil brings solution for both dealers and customers.
Oil firms set up system for smooth daily fuel price change
Mon, Jun 12, 2017
The Federation of All India Petroleum Traders (FAIPT) has, in a statement, said there will be "no purchase no sale" of petrol and diesel on June 16 to protest the decision.
Pilot project a success, now petrol and diesel prices set to change every day
Wed, Jun 07, 2017
The government's move to change petrol and diesel prices on a daily basis - currently being tested in five cities.
More than half the cost of per litre of petrol is just taxes; Cheapest petrol in Port Blair, Mumbai most expensive
Thu, Jun 01, 2017