October,23,2018,Tuesday

​GOOD MORNING INDIA!

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR

LATEST NEWS

Centre Working For Long-term Solution To Fuel Price Hike

Centre Working For Long-term Solution To Fuel Price Hike

Union minister Prakash Javadekar said today that the central government is working to find a long-term solution to the issue of spiralling fuel prices.

Read more

MOST NOTABLE STORIES OF THE WEEK

To Keep Fuel Rate In Check, ONGC May Get Dividend Waiver For Price Freeze

To Keep Fuel Rate In Check, ONGC May Get Dividend Waiver For Price Freeze

As part of a long-term solution to keep petrol and diesel prices in check, the government is in talks with Oil and Natural Gas Corp (ONGC) to freeze the price of the crude oil it supplies to oil-marketing companies.

Read more

Oil minister calls late-night meeting to mull options to reduce fuel prices

Oil minister calls late-night meeting to mull options to reduce fuel prices

Oil minister Dharmendra Pradhanburned the midnight oil on Thursday with his ministry officials and top honchos of oil companies in an effort to figure out a way to reduce fuel prices.

Read more

No Communication To Bear Subsidy For Fuel: ONGC Chief

No Communication To Bear Subsidy For Fuel: ONGC Chief

The Centre has not yet officially asked Oil and Natural Gas Corporation (ONGC) to bear a subsidy on auto fuel, a top ONGC official has said..

Read more

GAIL (India) Ltd is up for a fifth straight session in a row

GAIL (India) Ltd is up for a fifth straight session in a row

The stock is quoting at Rs 349.15, up 1.78% on the day as on 12:54 IST on the NSE. GAIL (India) Ltd is up 13.45% in last one year as compared to a 10.85% spurt in NIFTY and a 14.5% spurt in the Nifty Energy.

Read more

EXCL: Oil Minister Dharmendra Pradhan Defends Government, Says Steps Being Taken To Bring Fuel Under GST Ambit

EXCL: Oil Minister Dharmendra Pradhan Defends Government, Says Steps Being Taken To Bring Fuel Under GST Ambit

Union Oil Minister Dharmendra Pradhan, in an exclusive interview to Times Now, spoke at length about the incessant increase in petrol and diesel prices over the past few days.

Read more

IOC Trims Early Losses After Auto Fuel Price Cut Revised To 1 Paisa/litre

IOC Trims Early Losses After Auto Fuel Price Cut Revised To 1 Paisa/litre

IOC shares cut losses marginally after the company said that auto fuel prices were each cut by just one paisa a litre. Earlier in the day, Indian Oil had published that petrol prices were cut by 60 paise and diesel by 56 paise in the capital.

Read more

Oilex tells GSPC to pay up Cambay basin dues in 60 days, warns of takeover

Oilex tells GSPC to pay up Cambay basin dues in 60 days, warns of takeover

Australia-based Oilex Ltd has warned Gujarat State Petroleum Corporation Ltd (GSPC) that it will take over its share in the Cambay basin block in Gujarat if the Indian explorer fails to pay its dues to meet exploration commitments in the block.

Read more

Govt May Unveil Policy On Methanol Blending In Petrol

Govt May Unveil Policy On Methanol Blending In Petrol

The government is likely to notify a policy on Tuesday for blending 15 per cent methanol with petrol, a move set to bring down fuel cost for motorists besides reducing pollution.

Read more

New record high for fuel prices: Petrol touches Rs 86.24 per litre

New record high for fuel prices: Petrol touches Rs 86.24 per litre

On Tuesday, petrol price will rise to Rs 86.24 per litre from Monday's Rs 86.08 per litre, a rise of 16 paise.Similarly, diesel will be Rs 73.79 a litre, a rise of 15 paise over Monday's Rs 73.64.
...

Read more

Fuel Price Hike: Online activists intensify drive for GST on petrol

Fuel Price Hike: Online activists intensify drive for GST on petrol

The online petition, now gaining ground, has also pointed out that Maharashtra chief minister Devendra Fadnavis has come out in support of bringing diesel and petrol under the GST purview.
...

Read more

Warm Regards,

Team EnergyInfraPost.com
Contact Us: anupama.airy@gmail.com
Follow us on-
Facebook
https://www.facebook.com/energyinfra/
Twitter
https://twitter.com/energyinfrapos1

2016 EnergyInfraPost.com | Contact Us 
B 306, First Floor, Saraswati Vihar, Pitampura, New Delhi