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Policy● Neutral for Indian equities
Centre proposes changes to Petroleum Act, seeks stakeholders' feedback
The brief
- Draft Petroleum Act changes would decriminalise licence breaches
- The Bill proposes specific criminal offences and higher penalties
- Petroleum regulation changes may affect Indian energy firms, including Nayara Energy and Petronet LNG
- KPI Green Energy shares gain 4% | What’s driving the stock and what lies ahead?
- Cheaper at pumps, costlier in bulk: Jio-bp, Nayara cap diesel sales; PSUs may follow: Report
- Reliance and Nayara ration fuel sales as crude prices rise
- Oil Steadies With the US, Iran Said to Be Exploring Phased Deal
- Jio-BP and Nayara cap diesel sales at select pumps as crude prices surge