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

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

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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ONGC says finances are sound; no issues with salary payments

ONGC says finances are sound; no issues with salary payments

Fri, Oct 19, 2018

State-owned Oil and Natural Gas Corp (ONGC) Thursday said its finances are as sound as ever and is generating enough revenues to meet all its capital and operating expenditures as well as any additional merit-based requirement.

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Unbelievable, but petrol price has rocketted past this mark in Mumbai

Unbelievable, but petrol price has rocketted past this mark in Mumbai

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.

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TRENDING NOW

ONGC, OIL face risk of subsidy sharing: Moody's

ONGC, OIL face risk of subsidy sharing: Moody's

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.   

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This oil marketing company begins home-delivery of diesel

This oil marketing company begins home-delivery of diesel

Sun, May 06, 2018

'HP Fuel Connect' will "deliver diesel to select customers having  fixed  equipment, heavy machinery in their premises in surrounding areas of Uran, Raigad in Maharashtra,"  a HPCL  press statement said. Indian Oil Corp (IOC) had in March launched home-delivery of diesel in Pune

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ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

ONGC borrows Rs 4K cr from ICICI Bank for buying HPCL

Wed, Jan 24, 2018

The company is likely to sign-up more loan agreements to pay Rs 36,915 crore to the government before the month-end.

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India sees scope for more integration among state energy companies

India sees scope for more integration among state energy companies

Tue, Jan 23, 2018

ONGC`s purchase of a majority stake in HPCL is expected to close by the end of this month and Pradhan said there was a possibility to combine HPCL with ONGC`s petrochemical projects and its refining arm Mangalore Refinery and Petrochemicals Ltd.

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Volvo mulling launch of BS VI cars in India before April 2020

Volvo mulling launch of BS VI cars in India before April 2020

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.

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Over 60,000 petrol pumps in India, 45% jump in 6 yrs

Over 60,000 petrol pumps in India, 45% jump in 6 yrs

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.

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