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IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Centre may cut excise duty on petrol, diesel

Government faced strong criticism for holding on to higher duty on petrol and diesel to meet revenue.

14 May 2018 9:17 AM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Private fuel retailers double petrol, diesel market share

In 2017-18, private retailers commanded 6.8 per cent market share in petrol sales and 8.2 per cent in diesel.

19 March 2018 3:39 PM IST

File image of a man counting cash at a petrol pump.

Oil PSUs to supply Euro-VI fuel in Delhi from April 1

IOC, BPCL and Hindustan Petroleum will supply the less polluting fuel at all their outlets.

31 March 2018 12:08 PM IST

Prior to the December 1 price change, rates were hiked by Rs 1.46 a litre in the case of petrol and Rs 1.53 per litre for diesel, excluding local levies, on November 16.

Diesel use in India set for record in 2018

India's diesel consumption should be up to about 7.7 million tonnes towards the end of the year.

27 March 2018 5:41 PM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Petrol prices cut for 13 days in a row, diesel prices come down

Oil firms cutting rates by 19-21 paise per litre in case of petrol, diesel prices were cut by 15-16 paise per litre.

11 Jun 2018 12:53 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

No hike in VAT on fuel: Delhi government

Govt informs Assembly it had reduced tax on petrol, diesel in 2016.

10 Jun 2018 1:39 AM IST

Annually, Rs 2,500 crore of fuel is bought at petrol pumps and now a part of it being talked of being home delivered.

Petrol price cut by 6 paise per litre, diesel by 5 paise

The fuel price was slashed for the third day after it remained high for 16 consecutive days.

1 Jun 2018 8:45 AM IST

The daily change in prices of petrol and diesel across the country follows the success of a pilot implementation in five cities.

Petrol price cut by 21-22 paise per litre, diesel by 15-16 paise

In Delhi, petrol now costs Rs 77.42 a litre, and diesel costs Rs 68.58 per litre.

8 Jun 2018 11:30 AM IST

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Petrol prices cut by 9 paise per litre, diesel by 8 paise

Government is working to ensure fuel prices do not pinch customers, says Oil Minister Dharmendra Pradhan.

7 Jun 2018 11:42 AM IST

Petroleum minister Dharmendra Pradhan has said the government is open to Saudi oil giant Aramcos interest to own majority stake in the proposed Rs 3-trillion refinery at Ratnagiri.

Oil Minister Pradhan rules out review of daily fuel pricing

Central govt levies Rs 19.48 excise duty on a litre of petrol and Rs 15.33 on diesel.

4 Jun 2018 4:40 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

Petrol crosses Rs 80 in three cities; lowest in Delhi

Petrol is retailed at Rs 80.00 in Kolkata, Rs 84.50 in Mumbai and Rs 80.05 in Chennai.

7 Aug 2018 11:30 AM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's...

India has a refining capacity of 232.066 MT, which exceeded the demand of 194.2 MN in 2016-17.

15 Aug 2018 2:41 PM IST