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OMCs Report Stellar Performance in FY 2023-24 Despite Challenges, Profit Soars Over 25 Times

The combined profit of OMCs for the fiscal year 2023-24 amounted to INR 86,000 crore, marking a leap of over 25 times compared to the previous fiscal year.

Oil-marketing Companies | May 13, 2024 | By Abha Rustagi | 1382

Petroleum Minister Hardeep Singh Puri Launches ETHANOL 100 Automotive Fuel

ETHANOL 100 is now available at select 183 retail outlets across five states – Maharashtra, Karnataka, Uttar Pradesh, New Delhi, and Tamil Nadu.

Oil-marketing Companies | March 16, 2024 | By Abha Rustagi | 2425

OMCs Raise Ethanol Procurement Price to Boost C-Heavy Molasses Utilization

This decision aims to make the production of ethanol from C-heavy molasses, a byproduct of sugar processing with low sugar content, more appealing for sugar mills.

Oil-marketing Companies | December 30, 2023 | By Abha Rustagi | 1656

EV Revolution: 7,432 Charging Stations Get Green Light in India

The FAME India Scheme, initiated in 2015, focuses on various aspects, including technological development, demand generation, pilot projects, and charging infrastructure.

Oil-marketing Companies | December 11, 2023 | By Abha Rustagi | 1583

Centre Grants INR 800 crore for Establishing Over 7000 EV Charging Stations

The Ministry of Heavy Industries has issued 70 per cent i.e. INR 560 crore of the allocated INR 800 crore to Indian Oil Corporation (IndianOil), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL).

Oil-marketing Companies | March 28, 2023 | By EI News Network | 2491