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Indian Oil Corporation (IOC) plans to nearly double oil refining capacity to 150 mt by 2030.

Shares of oil marketing cos jump up to 7.2 pc on easing crude prices

Brent crude prices fell 4.37 per cent, its biggest single-day fall in three months, to USD 76.24 barrel.

24 Oct 2018 6:26 PM IST

The Centre aims at creating two or three large entities with integrated operations across oil exploration, refining and marketing. (Photo: DC)

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 8:46 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

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 IST

Deepak Hooda in a file picture

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 IST

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 April 2018 2:48 PM IST

Members of the Organisation of the Petroleum Exporting Countries (OPEC) are seeking a close balance between supply and demand, Khalid al-Falih 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 April 2018 2:06 AM IST

A major 32-mm high-pressure PNG gas pipeline developed a hole, leading to massive gas leakage about 11.50 am. (Representational image)

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 July 2018 2:36 PM IST

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

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

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

15 July 2018 11:28 AM IST

Bharat PetroResources Ltd (BPRL), an exploration and production subsidiary of BPCL, had in August 2008 bought a 10 per cent stake in Area-1 Offshore of the Rovuma Block from the US energy major Anadarko Petroleum Corp for $75 million.

BPCL's 2008 Mozambique deal under Government scanner

Videocon in 2013 sold the same stake to ONGC Videsh Ltd for $2.475 billion.

29 Oct 2019 1:22 AM IST

The move by BPCL indicates that refiners will try to frontload their purchases from Iran ahead of a November US deadline.

BPCL nationalisation act repealed in 2016; way clear for privatisation

BPCL at the close of market on October 4 had a market capitalisation of about Rs 1.11 lakh crore.

6 Oct 2019 1:44 PM IST

The move by BPCL indicates that refiners will try to frontload their purchases from Iran ahead of a November US deadline.

BPCL asset valuer asked to submit valuation of company in 50 days

Cabinet Committee on Economic Affairs had on Nov 20 given a go-ahead for sale of government's entire stake in BPCL.

24 Nov 2019 11:34 AM IST

The government currently holds 54.80 per cent in Concor and will retain 24 per cent stake post sell-off

BPCL, SCI shares hit 52-week high after privatisation move

Shares of Shipping Corp also rose 2.12 per cent to hit a one year high of Rs 69.80 in opening trade but later pared the...

21 Nov 2019 1:05 PM IST