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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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HPCL Enters Agreement To Manufacture, Market Chevron's Lubricants
Hindustan Petroleum Corporation Ltd (HPCL) has entered into an agreement to manufacture, distribute and market lubricants of global supermajor Chevron in India, the two companies said today.
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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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No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
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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 Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
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After Fuel Shortage, Government Asks Private Retailers To Maintain Adequate Stock
In a bid to rein in private fuel retailers curtailing operations to cut losses, Government has expanded the scope of Universal Service Obligation
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Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
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Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged today on June 10, 2022 for the 19th consecutive day across four metros
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ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore
ONGC Profit: On the back of the best-ever price it earned on crude oil it produces, ONGC reported a record net profit of Rs 40,305 crore in 2021-22
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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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Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
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Indian Refiners Negotiating 6 Month Russian Oil Imports: Report
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month
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India's Russian Crude Buy Since Ukraine Conflict Double Than 2021 Purchase
India has bought more than twice as much crude oil from Russia in the two months since its invasion of Ukraine as it did in the whole of 2021
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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.
-
HPCL Enters Agreement To Manufacture, Market Chevron's Lubricants
Hindustan Petroleum Corporation Ltd (HPCL) has entered into an agreement to manufacture, distribute and market lubricants of global supermajor Chevron in India, the two companies said today.
-
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.
-
No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
-
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 Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
-
After Fuel Shortage, Government Asks Private Retailers To Maintain Adequate Stock
In a bid to rein in private fuel retailers curtailing operations to cut losses, Government has expanded the scope of Universal Service Obligation
-
Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
The lender said it has discontinued to pass on the 0.75 per cent fuel incentives from May this year
-
Petrol, Diesel Prices: Fuel Prices Remain Unchanged Across Metros Today
Petrol, Diesel Prices Today: Fuel prices remained unchanged today on June 10, 2022 for the 19th consecutive day across four metros
-
ONGC's 2021-22 Net Profit Soars 258% To Rs 40, 306 Crore
ONGC Profit: On the back of the best-ever price it earned on crude oil it produces, ONGC reported a record net profit of Rs 40,305 crore in 2021-22
-
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
-
Indian Government In Talks With Russian Over Cut-Price Oil Deal - Report
India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of India's state-run Hindustan Petroleum Corp. said.
-
Indian Refiners Negotiating 6 Month Russian Oil Imports: Report
Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month
-
India's Russian Crude Buy Since Ukraine Conflict Double Than 2021 Purchase
India has bought more than twice as much crude oil from Russia in the two months since its invasion of Ukraine as it did in the whole of 2021
