November,16,2018,Friday

​GOOD MORNING INDIA!

WEEKLY NEWS UPDATES IN OIL & GAS SECTOR

LATEST NEWS

ADNOC To Fill Up Mangalore Oil Reserves In Nov: Indian Officials

ADNOC To Fill Up Mangalore Oil Reserves In Nov: Indian Officials

The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said on Friday.

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MOST NOTABLE STORIES OF THE WEEK

GST relief for oil companies on outsourced work

GST relief for oil companies on outsourced work

In what could come as urgent relief for oil companies, revenue authorities have allowed refineries to pay GST only on value addition done by job workers against on the total valuation.

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RTI: How did fuel prices remain stable during Gujarat, Karnataka polls?

RTI: How did fuel prices remain stable during Gujarat, Karnataka polls?

Petrol prices have hit record highs this year. People are angry. The government is worried. This forced Union Finance Minister Arun Jaitley, on October 04, 2018, to announce a marginal relief for citizens with an excise duty cut of Rs 1.50 and another Re 1 drop

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Petrol prices at month’s low, gap with diesel narrows

Petrol prices at month’s low, gap with diesel narrows

As Brent crude oil prices keep falling, the price of petrol has now touched a month’s low of Rs 81.10 in Delhi and Rs 86.58 in Mumbai. State-run oil marketing companies dropped petrol prices by 15 paise and diesel prices by 5 paise per litre.

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Odisha Urges Centre For Free LPG Cylinders In 3 Cyclone-hit Districts

Odisha Urges Centre For Free LPG Cylinders In 3 Cyclone-hit Districts

Noting that Cyclone 'Titli' and resultant floods have "shattered" the poor in Gajapati, Ganjam and Rayagada districts, Odisha government on Monday urged the Centre for supply of free LPG cylinders to beneficiaries of the Pradhan Mantri Ujjawala Yojana (PMUY).

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Norms relaxed for Bangladesh tankers to supply LPG to Tripura

Norms relaxed for Bangladesh tankers to supply LPG to Tripura

Now tankers carrying bulk LPG from Bangladesh will be allowed to enter India and supply LPG to Bishalgarh bottling plant in Tripura. The road transport ministry has relaxed norms for the vehicles registered in Bangladesh to ply in India

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400 Fuel pumps shut in Delhi today

400 Fuel pumps shut in Delhi today

400 petrol pumps in Delhi will remain shut, The protest will start from 6 am today against the Delhi government's refusal to reduce Value Added Tax on diesel and petrol.

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