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Devendra Fadnavis

Maharashtra identifies site for Saudi Aramco, ADNOC's refinery

The refinery was initially proposed to be built at Nanar, a village in Ratnagiri district, some 400 kms (250 miles)...

20 Jun 2019 10:02 AM IST

Indian Oil Corporation

BPCL, HPCL take 25 pc stake each in IOC's Rs 9,000-cr LPG pipeline...

IOC, which had in 2016 proposed laying of the pipeline, will hold the remaining 50 per cent stake.

4 Jun 2019 2:36 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC topples IOC to regain most profitable PSU tag

Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.

2 Jun 2019 5:01 PM IST

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

IOC, Adani to invest Rs 9,600 crore in city gas projects

Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.

29 July 2019 4:32 PM IST

Hindustan Petroleum Corp Ltd (HPCL) on Friday reported 56 per cent drop in the June quarter net profit on account of lower refining margins and inventory losses.

HPCL refuses to recognise ONGC as its promoter

Oil and Natural Gas Corp in January last year bought the government's entire 51.11 pc stake in HPCL for Rs 36,915 crore.

23 July 2019 12:33 PM IST

The CPSE ETF comprises of 10 Maharatnas and Navratnas, with a firm focus on the energy sector. The Bharat 22 ETF is a lot more diversified, with 22 stocks from six sectors. In both funds, the majority of the underlying stocks are among the biggest corporate entities of India.

CPSE ETF fund oversubscribed, investors put in bids worth Rs 25,000 cr...

Government is looking to raise up to Rs 10,000 crore through the follow-on fund offer of CPSE Exchange Traded Fund.

19 July 2019 8:02 PM IST

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

India's fuel demand to rise by average 4.7 pc through 2025: Nayara...

India's gasoil demand will rise by an average 5.3 pc per year through the 2025 fiscal year, said Nayara Energy's B...

10 Sept 2019 12:58 PM IST

Oil marketing companies shares drop 13%. (PTI Photo)

Oil marketing companies shares drop 13%, after hike in excise duty on...

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil...

7 May 2020 9:24 AM IST

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

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 March 2018 6:02 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

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 IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Saudi Aramco, ADNOC can't export Ratnagiri refinery fuel without PSU's...

India has a refining capacity of 232.066 MT, which exceeded the demand of 194.2 MN in 2016-17.

15 Aug 2018 2:41 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

IOC to invest Rs 286 cr to expand LPG bottling output in north-east...

Company currently has 10 bottling plants across north east and these are functioning at over 100 pc utilisation rate.

29 Aug 2018 2:37 PM IST