Latest Petroleum Companies News & Updates

Bhopal, May 26 (IANS) Veteran Congress leader and former Madhya Pradesh Chief Minister Kamal Nath on Tuesday accused the Centre of imposing a heavy tax burden on fuel, claiming the government earns around Rs 30 per litre on petrol and diesel while oil marketing companies post significant profits.He said the recent Rs 3 per litre hike in Madhya Pradesh has pushed petrol to around Rs 114.50 per litre and diesel to roughly Rs 100.09 per litre, adding to inflation and transportation costs for ordina…

Jaipur, May 19 (IANS) Rajasthan witnessed the second hike in petrol and diesel prices within a week on Tuesday, as petroleum companies increased petrol rates by around 94 paise per litre and diesel by approximately 91 paise per litre. Following the latest revision, petrol prices in Jaipur have risen to Rs 108.91 per litre, while diesel is now being sold at Rs 94.14 per litre.The fresh increase comes just four days after fuel prices were hiked by Rs 3 per litre on May 15, intensifying concerns ov…

Jaipur, May 15 (IANS) Former Rajasthan Chief Minister Ashok Gehlot on Friday launched a sharp attack on the Central government over the steep hike in petrol and diesel prices, alleging that the burden of rising fuel costs is continuously being imposed on the common people despite fluctuations in international crude oil prices.​ Speaking to the media at Sanganer Airport, Gehlot said Congress leader Rahul Gandhi had predicted before the Bengal elections that fuel prices would be increased after …

Jaipur, March 23 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma on Monday assured that there is adequate availability of petrol, diesel, LPG and fertilisers across the state, urging citizens not to panic. He directed officials to take strict action against hoarding, black marketing, illegal storage and unauthorised refilling. Chairing a high-level review meeting at the Chief Minister’s residence, Sharma emphasised that the government is taking all necessary steps to prevent any artificial s…

Guwahati, March 11 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday assured that there is no shortage of cooking gas in the state amid concerns over a possible supply disruption in India due to the escalating conflict between Israel and Iran. Speaking to reporters here, Sarma said the state government has been closely monitoring the situation following reports of a potential LPG supply crisis triggered by the tensions in West Asia.”There is no shortage of cooking gas in Assam. People…

Islamabad, Feb 21 (IANS) Pakistan’s gas sector incurs losses of up to 30 billion Pakistani rupees annually due to theft and system inefficiencies, with lawmakers warning that the financial burden ultimately falls on consumers, local media reported on Saturday. A Pakistani parliamentary panel was informed of the losses during a meeting of the National Assembly Standing Committee on Energy, chaired by Syed Mustafa Mahmood. The gas officials briefed the committee that Sui Northern Gas Pipelines Lim…