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Friday, Apr 19, 2024 | Last Update : 11:50 AM IST

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Finance ministry official expressed confidence that Indian economy stand to gain following US- China trade war.

Oil cos to absorb subsidy ‘one-time’

He said that the government expects the global crude oil prices to remain range bound and below $85 per barrel.

12 Oct 2018 12:42 AM

At present, CGD authorisation has been given by PNGRB for 92 GAs covering 124 districts spread over 23 States and UTs.

Adani, IOC, BPCL, Torrent big winners of city gas licences

Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities.

17 Sep 2018 1:53 PM

The Bharat Petroleum Corporation Limited (BPCL) on Tuesday said that it has no plans to absorb the rising fuel prices, adding that no communication has been received from the central government on the same.

No plans on absorbing fuel prices: BPCL

No communication has been received from the central government on the same.

12 Sep 2018 11:32 AM

Billionaire Gautam Adani's group has bagged licences to retail gas in 21 cities in the latest city gas distribution bid round that saw state-owned Bharat Petroleum Corp Ltd's unit and Torrent Gas emerging as the other big winners.

Adani walks away with gas rights for 21 cities; BPCL bags 11 cities

Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on its own.

12 Aug 2018 3:09 PM

According to PNGRB, a total of 400 bids were received for the 86 permits on offer.

IOC, BPCL, Adani top bidders for city gas licences

The 9th bid round was being held on changed parameters after one paisa bids spoilt the initial auction rounds.

19 Jul 2018 2:36 PM

The battle over lucrative pipelines supplying jet fuel to Mumbai airport is hotting up with a powerful formation of Reliance Industries and private airlines Jet Airways and Emirates trying to break the stranglehold of PSU oil firms BPCL and HPCL. (Photo: PTI)

Reliance vs PSUs: Battle for pipelines to supply jet fuel in Mumbai hots up

Reliance, which produces a fourth of India's aviation turbine fuel, wants access to the pipelines.

15 Jul 2018 11:28 AM

As per the April agreement, Aramco is to supply half of the crude oil required for processing at the refinery that will be commissioned by 2025.

Abu Dhabi oil giant to pick up stake in Ratnagiri refinery project

Saudi Arabia was the biggest oil supplier to India till 2016-17, but slipped behind Iraq last fiscal.

12 May 2018 10:53 AM

BPCL was set up on January 1, 1970 as an import substitution unit for manufacturing sophisticated process pumps and compressors.

Govt invites EoI for strategic sale of Bharat Pumps

Government is eyeing Rs 80,000 crore through disinvestment in 2018-19.

17 Apr 2018 2:48 PM

Aramco will not stop discussing other opportunities because we see India as a priority destination for our investment and energy supplies,” he said.

Saudi Aramco picks up 50 per cent stake in refinery

The Saudi national oil company will supply half of the crude oil required for processing at the refinery, he said.

12 Apr 2018 2:06 AM

The Euro-VI grade fuel supplies in the national capital have been advanced from the April 1, 2020.

Oil PSUs to supply Euro-VI fuel in Delhi from April 1

IOC, BPCL and Hindustan Petroleum will supply the less polluting fuel at all their outlets.

31 Mar 2018 12:08 PM

Shares of IOC fell by 3.71 per cent to end at Rs 177.80.

BPCL, IOC shares fall up to 4 per cent on GAIL stake buy buzz

State-owned IOC and BPCL may buy 26 pc stake each in GAIL India Ltd, paying govt over Rs 20,000 crore each.

19 Mar 2018 6:02 PM

Deepak Hooda celebrates India-call up with an all-round show

The action in the tournament today moves to the Talegaon facility of the DY Patil College.

27 Feb 2018 12:50 AM

BPCL under next 5 year plan has set a target of Rs one lakh crore to be spent for all its expansion activities. (Representational image)

BPCL to venture into gas biz: CMD

BPCL clocked Rs 2.42 lakh crore revenue with a profit after tax at Rs 8,339 crore.

04 Aug 2017 12:40 PM

The merger is even more significant in this highly competitive business as it could prevent cartelisation by private sector players in case it should happen in the future.

Merging to gain muscle

It is not impossible considering that the Narendra Modi government invariable always does what it says.

23 Jul 2017 12:06 AM

Bharat Petroleum Corp has made its first purchase of US oil, buying high sulphur crudes Mars and Poseidon.

BPCL buys US oil for first time; purchases Mars, Poseidon

BPCL is the second Indian refiner to buy US Gulf crude after Prime Minister Narendra Modi's visit to Washington in June.

17 Jul 2017 9:55 AM

BPCL's unusual move to seek petrol came at a time when India's top refiner Indian Oil Corp plans extensive maintenance work at its key refineries. (Representational Image)

BPCL seeks 70,000 tonnes petrol to plug supply gap

BPCL will shut a 100,000-barrel-per-day (bpd) crude unit for a month from July 29.

21 Jun 2017 3:22 PM

BPCL cancels Lalu son petrol station licence

The action was taken after Tej Pratap Yadav failed to convince the oil company regarding the ownership of the land where the petrol pump is located.

18 Jun 2017 1:38 AM

Prices of petrol and diesel will change everyday now.

What consumers need to know about daily price change

Prices of petrol, diesel will change every morning at 6 am and will be valid till 6 am of next morning.

16 Jun 2017 12:07 PM

IOC, BPCL, HPCL to set up $30 billion refinery

Fifteen million tonnes a year is the biggest refinery any public sector unit has set up in one stage.

15 Jun 2017 9:06 AM

IOC said customers may verify fuel prices by downloading the company app or visiting its website.

Petrol, diesel prices to be revised daily from today

Daily price change will remove the big leaps in rates that need to be effected at the end of the fortnight.

01 May 2017 11:35 AM

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Mohan Guruswamy