oil marketing firms

LPG prices hiked by Rs 2, kerosene by 26 paise

State-run oil marketing firms (OMCs) on Monday hiked the prices of subsidised cooking gas (LPG) by about Rs 2 per cylinder and of kerosene by 26 paise per litre.

May 01, 2017, 22:13 PM IST

Petronet buys 26% stake in LNG vessel for Rs 100 crore

 Petronet LNG Ltd, India's largest liquefied natural gas importer, has bought a 26 percent stake in the shipping consortium that built its biggest LNG ship to transport gas form from Australia.

Feb 14, 2017, 16:10 PM IST

SpiceJet clears plane rental dues, pays $10 mn to lessors

Having settled its dues with the tax authorities and the public sector oil marketing firms, budget carrier SpiceJet Monday cleared its aircraft rentals dues by paying USD 10 million to some of its lessors.

Mar 02, 2015, 22:49 PM IST

SpiceJet shares plunge over 5% as services grounded

Shares of SpiceJet tumbled over 5 percent as flight services of the cash-strapped company were grounded this morning on payment woes.

Dec 17, 2014, 14:04 PM IST

Nifty on a new high; financial, oil marketing firms on fire

A strong wave of buying swept the stock market Monday with the benchmark Nifty surging by a robust 83 points to end at a new lifetime peak on the National Stocks Exchange (NSE).

Aug 18, 2014, 20:46 PM IST

Oil marketing companies to get Rs 11K crore on subsidy in Q1

Fuel retailers sell diesel, domestic LPG and kerosene at government controlled rates which are below market price. The loss they thus incur is made good through cash subsidy from the government and dole from upstream firms like ONGC.

Aug 11, 2014, 12:48 PM IST