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OMCs aiding airlines in ATF import unreasonable: BPCL 

11.01 am | 08 Feb 2012 |  Source: CNBC-TV18

Although it might spell some good news for the airline industry, it is definitely adding pressure to the OMCs as the EGoM approved importing of ATF. ...

Upstream oil cos to bear 38% of subsidy share: Source 

12.46 pm | 06 Feb 2012 |  Source: Reuters

The government has asked upstream oil companies to compensate state-run oil refiners for 37.91% of revenue losses on fuel sales during April to Decemb...

Oil firms stop jet fuel supplies to Air India over dues 

5.02 pm | 02 Feb 2012 |  Source: PTI

State-owned oil companies today snapped supplies of jet fuel (ATF) to Air India after the national carrier failed to honour payments even after 90-day...

Rupee appreciates: Too little too late for HPCL, BPCL, IOC 

1.18 pm | 20 Jan 2012 |  Source: Moneycontrol.com

Oil marketing companies (OMCs) are in no mood to cheer a rise of Rs 3 against the dollar in last 20 days, which generally should have made them happy....

Why Morgan Stanley downgraded RIL to 'underweight' 

9.56 am | 13 Jan 2012 |  Source: Moneycontrol.com

Morgan Stanley has downgraded Reliance Industries to 'underweight' from 'equalweight', saying it expects the energy major's gross refining margins, ex...

Petrol may get dearer by Rs 2, oil companies to meet today 

8.31 am | 02 Jan 2012 |  Source: IBNLive.com

Oil companies will meet on Monday to revise rates of petrol because of the weakening rupee. But any hike will need a political clearance given that As...

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