Latest OMCs News & Updates

New Delhi, April 4 (IANS) The government on Saturday said that 21 states/union territories are issuing and carrying out press briefs to effectively counter misinformation and to reassure citizens regarding adequate availability and smooth distribution of LPG.The government had requested Chief Secretaries of all States/UTs to intensify proactive and regular public communication, conduct daily press briefs at appropriate senior level, along with timely dissemination of accurate information through…

New Delhi, April 3 (IANS) Indian Oil Corporation (IOC) on Friday said that it is delivering around 28 lakh LPG cylinders daily as domestic gas supply across the country remains stable and adequate.The state-run oil firm said operations remain steady and consistent with normal levels, even amid evolving geopolitical challenges.IndianOil also reassured consumers that there is no shortage and advised against panic booking or stockpiling.“IndianOil continues to ensure uninterrupted LPG supply to h…

New Delhi, March 28 (IANS) BJD MP Sasmit Patra on Saturday said that the recent reduction in excise duty on petrol and diesel could result in a revenue loss of Rs 3-4 lakh crore for the Government of India, while also warning of broader economic challenges stemming from the ongoing West Asia conflict. Speaking to IANS, Patra said, “The conflict in West Asia naturally has a global impact, including on India. The excise duty cut will cost the Government of India a loss of around Rs 3–4 lakh cr…

New Delhi, March 22 (IANS) The delivery of domestic LPG cylinders remains normal, panic bookings have come down, while the government has increased commercial LPG allocation to states, according to an update by the Ministry of Petroleum and Natural Gas on Sunday amid global disruptions due to the Middle East war.Educational institutions and hospitals have been prioritised, and around 50 per cent of the total commercial LPG allocation is going to these sectors. An additional 20 per cent commercia…

New Delhi, March 12 (IANS) LPG production has been increased by 28 per cent through refinery directives in the last five days, and further procurement is actively underway, Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said in the Parliament on Thursday.Stressing that the government’s foremost priority is that the kitchens of India’s more than 33 crore families, especially the poor and the underprivileged, do not face any shortage, Puri said domestic supply is fully prote…