Refining margins of state-run oil firms drop
Hindustan Times Pune|December 16, 2024
NEW DELHI: Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts of Russian oil and declining prices in global markets, experts said.
Rituraj Baruah
Refining margins of state-run oil firms drop

Mangalore Refinery and Petrochemicals Ltd (MRPL), a public sector enterprise under the petroleum ministry and a subsidiary of Oil and Natural Gas Corp. Ltd (ONGC), reported the biggest drop in its refining margins, which fell 80.17% to $2.56 per barrel during the April-September period from $12.91 in the same period last fiscal.

The GRM of Chennai Petroleum Corp. Ltd (CPCL), a group company of state-run Indian Oil Corp. Ltd (IOCL) fell 71.66% to $2.93 per barrel from $10.34 in the same one-year period, showed the reported titled Monthly Ready Reckoner for November.

Denne historien er fra December 16, 2024-utgaven av Hindustan Times Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 16, 2024-utgaven av Hindustan Times Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HINDUSTAN TIMES PUNESe alt
Hindustan Times Pune

SpiceJet Hit With New Insolvency Claims From Irish Lessors, Ex-Pilot

SpiceJet Ltd has been hit with fresh insolvency claims from three Ireland-based aircraft lessors and a former pilot over defaults on rental and employment dues, just as the financially strained airline prepares to revive operations.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

SC Orders No Fresh FIR Against Udhayanidhi

The Supreme Court on Thursday ordered that no fresh cases should be registered against Tamil Nadu deputy chief minister Udhayanidhi Stalin over his controversial remarks against Sanatan Dharma and extended protection against his arrest in the cases registered against him in connection with the remarks till the next hearing on his petition to club all cases filed against him across the country.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

Top Court Seeks Info From All HCs On Pending Execution Pleas

Ending the plight of a litigant who had to wait for almost 39 years to get possession of a property decreed in his favour way back in 1986, the Supreme Court on Thursday said that the case highlights the woes of litigants in this country and asked all high courts to identify such cases and ensure cases pending for execution of decree are decided within six months.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

Dhankar slams populist moves to win elections

VICE-PRESIDENT MADE STATEMENT IN THE PRESENCE OF SHINDE, WHOSE LADKI BAHIN SCHEME WAS A POPULIST MOVE AFTER MAHAYUTI GOT A DRUBBING IN LS POLLS

time-read
2 mins  |
March 07, 2025
Hindustan Times Pune

2 Indian Nationals Executed in Abu Dhabi, Buried

Two of three Indian nationals recently executed in the United Arab Emirates—Shahzadi Khan and Muhammed Rinash Arangilottu—were buried in Abu Dhabi on Thursday in keeping with local regulations, the external affairs ministry said.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

MPCB Issues Directions for Pollution Around IT Park in Hinjawadi

The Maharashtra Pollution Control Board (MPCB) on Tuesday issued directions to the Maharashtra Industrial Development Corporation (MIDC) for allegedly causing pollution by releasing untreated sewage into the river water and nullahs in Rajeev Gandhi Information Technology (IT) Park, Hinjawadi, officials said on Thursday.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

SC Bench to Hear Pleas Against Commercial Cultivation of GM Mustard

A three-judge bench of the Supreme Court will begin hearing next month a clutch of petitions challenging the permission given for commercial cultivation of genetically modified (GM) mustard, after the approval granted by the Centre for its environmental release ended up in a split verdict by the top court in July 2024.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

BJP's Kamboj 'interfering in irrigation department'

Leader of the opposition in the Maharashtra legislative council, Ambadas Danve, on Thursday alleged that Bharatiya Janata Party (BJP) leader Mohit Kamboj was calling the shots in state irrigation department, which is jointly headed by BJP ministers—Radhakrishna Vikhe-Patil and Girish Mahajan.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

A UN report finds women's rights weakened in quarter of all nations

Women's rights regressed last year in a quarter of countries around the world, according to a report published by UN Women, on Thursday, due to factors ranging from climate change to democratic backsliding.

time-read
1 min  |
March 07, 2025
Hindustan Times Pune

Spin city: Indian tweakers and their Dubai dominance

India's band of spinners have been a roaring success in the Emirates.

time-read
2 mins  |
March 07, 2025