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India stares at fuel shortage with spike in under-recovery at OMCs

As oil marketing companies (OMCs) stare at huge under-recoveries, India is facing fuel shortage across the country with states like Rajasthan, Madhya Pradesh, Karnataka Uttarakhand, Gujarat and......

Automated system on fuel price rings in, pump owners upset

IOC said the daily price revision is an initiative for ensuring the best possible prices to the customers as well as improved transparency on the pricing mechanism. State-owned fuel retailers......

Maha petrol pumps not to go on strike

The Federation of All Maharashtra Petrol Dealers Association, an umbrella organisation of petrol dealers in Maharashtra, has decided to stay away from the proposed nation-wide indefinite shutdown......

Petrol pumps to go on strike from Sept 20

Petrol pumps across the country will go on strike from September 20, with a petroleum traders' union warning of "no money, no purchase, no sale..." after talks with the Oil Ministry to hike the......

Fuel retailers plan indefinite strike from Sep 20

The Federation of All-India Petroleum Traders (FAIPT) on Wednesday said it will go on an indefinite strike September 20 to press for demands such as raising the commission on fuel sales and a......

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