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Bharat Petroleum To Raise Rs 180 Billion Amid Green Energy Push: Report
State-owned oil marketing company Bharat Petroleum said on Wednesday it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis underscoring India's push to achieve net zero-emissions goals.
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State-Owned Oil Companies Post Q2 Loss Of Rs 2,749 Crore
IndianOil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) posted a second consecutive quarterly loss totalling Rs 2,748.66 crore in July-September.
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Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
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Oil Marketing Firms Likely To Announce Rs 10,700 Crore Loss In Q1: Report
Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday.
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Indian Crude Oil Basket Hits 10-Year High Of $121 Per Barrel
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged
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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
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Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
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Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
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India's May Diesel Sales Slide: Report
Daily gasoil sales of Indian state refiners declined in May from April as lower consumer spending curtailed truck movement in the country
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Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
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Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
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ONGC Sells Russia's Sokol Oil To HPCL, BPCL: Report
India's ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said.
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India's ONGC Sells Russia's Sokol Oil To Indian Refiners - Report
ONGC Videsh Ltd reported to have sold one cargo of Sokol oil to Hindustan Petroleum and Bharat petroleum
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India To Raise Petrol, Diesel Retail Prices After 4-Month Hiatus - Dealers
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp - dominate fuel retailing in India and tend to move their prices together.
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Petrol, Diesel Price Hikes To Restart From Next Week: Report
After remaining stable for months, petrol and diesel prices may see a hike after assembly elections come to an end next week, says a JP Morgan report
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Bharat Petroleum To Raise Rs 180 Billion Amid Green Energy Push: Report
State-owned oil marketing company Bharat Petroleum said on Wednesday it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis underscoring India's push to achieve net zero-emissions goals.
-
State-Owned Oil Companies Post Q2 Loss Of Rs 2,749 Crore
IndianOil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) posted a second consecutive quarterly loss totalling Rs 2,748.66 crore in July-September.
-
Fuel Price Freeze To Hit Oil Companies' Profits: Fitch
The freeze on petrol, diesel and LPG price revision despite rising cost will hit profitability of state-owned Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd this fiscal, Fitch Ratings said on Wednesday.
-
Oil Marketing Firms Likely To Announce Rs 10,700 Crore Loss In Q1: Report
Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday.
-
Indian Crude Oil Basket Hits 10-Year High Of $121 Per Barrel
The basket of crude oil that India buys has hit a decade high of $121 per barrel, but retail selling prices of petrol and diesel remain unchanged
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged on June 9, 2022 for the 18th consecutive day across four metros
-
Greater Russian Crude Imports To Insulate Oil Companies From Price Freeze: Fitch
Higher than usual imports of Russian oil at significant discounts to market prices may limit near-term working capital needs of fuel retailers
-
Fuel Retailers Staring At Under-Recoveries, Says Petroleum Minister
With fuel prices remaining unchanged for almost two months despite a rise in cost, oil companies have started detailing under-recoveries or losses
-
India's May Diesel Sales Slide: Report
Daily gasoil sales of Indian state refiners declined in May from April as lower consumer spending curtailed truck movement in the country
-
Post Fuel Excise Duty Cut Reliance-BP Joint Venture Says Operations Unsustainable
RBML - the joint venture of Reliance Industries Ltd and BP - has told Government that fuel retailing for private sector has become unsustainable
-
Refinery Margins To Offset Oil Companies' Losses On Holding Fuel Prices: Fitch
Oil companies may suffer marketing losses in January-March 2022 for holding petrol and diesel prices, however refining margins should mitigate losses
-
ONGC Sells Russia's Sokol Oil To HPCL, BPCL: Report
India's ONGC Videsh Ltd has sold at least one cargo of Russian Sokol oil to India refiners Hindustan Petroleum Corp and Bharat Petroleum Corp after failing to draw interest in a tender earlier this month, sources familiar with the matter said.
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India's ONGC Sells Russia's Sokol Oil To Indian Refiners - Report
ONGC Videsh Ltd reported to have sold one cargo of Sokol oil to Hindustan Petroleum and Bharat petroleum
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India To Raise Petrol, Diesel Retail Prices After 4-Month Hiatus - Dealers
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp - dominate fuel retailing in India and tend to move their prices together.
-
Petrol, Diesel Price Hikes To Restart From Next Week: Report
After remaining stable for months, petrol and diesel prices may see a hike after assembly elections come to an end next week, says a JP Morgan report
