New Delhi: India's crude oil imports fell 16 per cent in the fiscal year ended March 31 due to falling international rates, but dependence on foreign suppliers hit a new high, official data showed.India imported 232.5 million tonnes of crude oil, which is refined into fuels such as petrol and...
ISLAMABAD [Pakistan], The Pakistani government has announced to increase the price of petrol by Pakistani currency (PKR) by PKR 4.53 per liter and the price of high-speed diesel (HSD) by PKR 8.14 per liter for the next fortnight ending April 30, Dawn Told on Monday. In the latest price revision...
The ministry said the positive rate of inflation in March was mainly due to increases in prices of food items, electricity, crude petroleum and natural gas, machinery and equipment and other manufacturing items.The wholesale inflation rate has come down from 0.33 percent in January this year...
VIENNA [Austria], The Organization of the Petroleum Exporting Countries (OPEC) on Thursday said world oil demand will rise by 2.25 million barrels per day (bpd) in 2024 and 1.85 million bpd in 2025. In its monthly report, OPEC predicted stronger fuel use in the summer months but stuck to a...
In a press statement, CBI officials said the accused in the FIR were two assistant managers (operations) of HPCL Mathura Terminal, Rahul Kumar and Heman Singh, along with M/s SR Transport Company, M/s Jadon Transport Company, unidentified public servants. Hindustan Petroleum Corporation Limited...
New Delhi: The CBI has registered an FIR against two assistant managers of HPCL for alleged theft of 642 kilo liters of petroleum products worth Rs 5.82 crore between June 2022 and January 2024, officials said on Wednesday.He said the agency has booked assistant managers Rahul Kumar and Hemant...
Consumption of petroleum products in 2022-2023 was 223.021 million tonnes.Diesel sales, mainly used by trucks, buses and the agriculture sector, are expected to grow by 4.4 per cent in 2023-24 compared to the previous fiscal year, reflecting higher levels of economic activity in the country...
The company was initially registered as 'Shri Venkatesh Refineries Private Limited' (SVRPL) under the Companies Act, 1956, receiving its Certificate of Incorporation on February 28, 2003, from the Registrar of Companies, Maharashtra, Mumbai. Later, it transitioned into a Public Limited Company...
Originally promoted by Shanti Lal Jain and Sanjal Jain, Inter State Oil Carrier Ltd was established as Patodi Dalmia Investors Pvt Ltd in West Bengal in May '84. It has emerged as a prominent player in the transportation industry, operating a fleet of 18 vehicles across India. With 300-400 owned...
Ashoka Refineries Ltd was established on October 1st, 1991, and subsequently transitioned into a public limited company in 1994. At present, the company's activities include trading goods and offering consultancy services.
Continental Petroleums Ltd, a publicly listed company on the Mumbai Stock Exchange, established a comprehensive manufacturing facility in Behror, RIICO Industrial Area, Rajasthan, in 1988-89. This facility was dedicated to producing various lubricants and greases for automotive and industrial...
History of ONGCEstablished on August 14, 1956, by the Indian government, Oil and Natural Gas Corporation (ONGC) stands as India's premier producer of crude oil and natural gas. Its inception aimed to bolster the nation's crude oil production primarily through oil exploration endeavors.ONGC...
Gandhar Oil Refinery (India) Limited specializes in the production of white oils, catering primarily to the consumer and healthcare industries in India. The company's operations are divided into Specialty Oil, Non-coking Coal and Logistics Support Services, and Others. Its product range includes...