Tue, Jun 04, 2019
Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) have joined in the country's longest LPG pipeline project being laid by state-owned Indian Oil Corp (IOC) to cater to cooking fuel needs of a fourth of the country's population.
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Mon, Sep 24, 2018
On Friday, Petrol price crossed the Rs 90-mark in Mumbai as a dip in the value of rupee and rise in international oil prices pushed rates across the country to new all-time high.
Tue, May 22, 2018
As oil prices rise, Moody's Investors Service said state-owned oil producers ONGC and Oil India Ltd face increasing risk of the government once again requiring them to share the fuel subsidy burden.
Thu, Apr 12, 2018
The government had in June 2010 freed petrol price from its control and the diesel rates were deregulated in October 2014. Prices have since then moved more or less in tandem with international rates barring a few exceptions like the period before a crucial election.
Mon, Dec 25, 2017
The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".
Sun, Dec 03, 2017
With the government deciding to advance availability of BS-VI fuels in Delhi, the company said it is 'future ready', and could introduce the models if compatible fuel is available in Delhi NCR.
Wed, Nov 29, 2017
With 60,799 outlets dispensing petrol and diesel at the end of October, India is behind only US and China in number of petrol pumps, data available from Petroleum Planning & Analysis Cell of the Oil Ministry.
Mon, Oct 02, 2017
India today received its first ever shipment of US crude oil with state-owned Indian Oil Corp (IOC) importing a 1.6 million barrels parcel at Paradip in Odisha.
Sat, Feb 18, 2017
The company informed the Bombay Stock Exchange (BSE) that last year its shareholders had approved "private placement of non-convertible bonds/debentures and/or other debt securities".
Sun, Feb 12, 2017
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), had in June 2013 bought 10% stake in the Offshore Area 1 from Videocon Group for $2.475 billion. This stake was later divided between OVL and Oil India Ltd in 60:40 ratio.
Tue, Jan 10, 2017
State-owned Bharat Petroleum Corp Ltd`s Kochi refinery is operating normally after a minor fire that broke out in one of its sub stations, a company spokesman said.
Tue, Jan 03, 2017
In a move to boost online payment for LPG refill, major oil companies like Indian Oil Corp, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Limited (HPCL) on Tuesday announced upfront discount of Rs 5 on every LPG refill for their customers.
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