Tamil Nadu LPG Cylinder Deliverymen Employees, Union (TNLCDEU) have asked dealers and oil companies to fix a basic salary for the deliverymen. The demand comes in the wake of a advisory issued by the oil and gas marketing companies asking customers to not to offer tips to the deliverymen.
NGC Petro Additions Ltd (OPaL), which runs a mega petrochemicals complex at a special economic zone (SEZ) at Dahej, has decided to exit a programme that mandates overseas export from a unit located in an SEZ.
Crude oil and gas production in Assam have witnessed a drastic fall due to the ongoing state- wide protest against the contentious Citizenship (Amendment) Act, affecting supply of petrol, diesel and LPG in many districts.
Amid fervent protests in Assam over the Citizenship Amendment Act, PSU major Oil India Limited (OIL) issued an appeal to the people of the state on Saturday to allow it to carry out day-to-day operations, which the firm said have been “severely impacted”.
There was an elephant in the room during the recent OPEC+ meeting: The record-breaking initial public offering of Saudi Arabia’s mammoth oil company Saudi Aramco occurring at exactly the same time.
Oil settled above $60 a barrel for the first time since missile strikes on Saudi Arabia sparked a record price surge three months ago.
Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas and Steel, during Business Today Mindrush 2019 event on Thursday, said while the Centre aimed to provide 80 million free LPG cooking gas connections to poor women by March 2020 under PM Modi’s social welfare flagship scheme Pradhan Mantri Ujjwala Yojana
The stage is all set for the privatisation process of state-run BPCL. According to the latest development in the matter, the scheduled process of BPCL privatisation will start this week with roadshows for its strategic stake sale scheduled from Friday in London
The anti-CAB protests have severely affected the production of crude oil and natural gas, which could lead to a shortage of fuel and cooking gas in Assam as well as other parts of North East.
After remaining unchanged for two days, the price of petrol has witnessed a marginal dip on Saturday, December 14. However, the price of diesel remained unchanged. The price of petrol has gone down by around 5 Paise to 8 Paise per litre.