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Diesel price hike lifts oil firms' stock by up to 6.5%

Last Updated: Monday, June 02, 2014, 18:49

Shares of three oil marketing companies - BPCL, HPCL and IOC - on Monday rose by as much as 6.5 percent after diesel prices were hiked by 50 paise a litre.

Nifty pares gains, but still scales new peak- pharma, IT shine

Last Updated: Tuesday, May 20, 2014, 19:50

The benchmark index Nifty gave up most of the gains on the emergence of profit-booking but still managed to scale a fresh new peak on the back of buying in recently hammered IT and pharma counters at the National Stock Exchange.

BPCL inks deals to import crude oil from Kuwait, UAE

Last Updated: Friday, May 16, 2014, 17:21

State-owned Bharat Petroleum Corporation Ltd (BPCL) has signed contracts to import over 7 million tonnes of crude oil from Kuwait and the United Arab Emirates.

BPCL inks deals to import crude oil from Kuwait, UAE

Last Updated: Friday, May 16, 2014, 17:01

New Delhi: State-owned Bharat Petroleum Corporation Ltd (BPCL) has signed contracts to import over 7 million tonnes of crude oil from Kuwait and the United Arab Emirates (UAE). BPCL, the nation`s second biggest state refiner, signed term contracts for import of crude oil with Kuwait Petroleum Corp (KPC) and Abu Dhabi National Oil Company (ADNOC) during a visit of high-level delegation led by company Chairman S Varadarajan.

BPCL, ONGC shares gain on Mozambique asset hopes

Last Updated: Wednesday, May 07, 2014, 11:06

Anadarko revised the total estimated recoverable resources from its Offshore Area 1 (Rovuma basin) to a range of 50 to 70-plus trillion cubic feet of natural gas from 45-70 plus tcf earlier.

BPCL to shut Bina refinery for a month in Sept-Oct

Last Updated: Monday, May 05, 2014, 21:33

Bharat Petroleum Corp plans to fully shut its 120,000 barrels per day Bina refinery in central India for up to a month in September and October for maintenance, its head of refineries B.K. Datta said on Monday.

BPCL to invest Rs 1,419 cr in Mumbai refinery

Last Updated: Monday, May 05, 2014, 18:20

Bharat Petroleum Corp Ltd, India's second-biggest state refiner, plans to invest Rs 1,419 crore in replacing an old crude processing unit at its 12 million tons a year Mumbai refinery by May 2015.

Oil stocks fall after petrol price cut

Last Updated: Wednesday, April 16, 2014, 18:49

Shares of oil marketing companies -- HPCL, BPCL and Indian Oil Corp-- fell Wednesday by up to 3.5 percent after the price of petrol was cut by 70 paise a litre.

BPCL posts Rs 1,089-cr Q3 loss on under recoveries

Last Updated: Wednesday, February 12, 2014, 22:06

State-run oil refiner and marketing company Bharat Petroleum (BPCL) Wednesday reported a net loss of Rs 1,088.94 crore in the third quarter of the current fiscal, largely on account of under recoveries.

Fin Min gives Rs 10,000 cr as subsidy to fuel retailers for Q3

Last Updated: Tuesday, February 11, 2014, 23:42

IOC will get Rs 5,172.87 crore while Bharat Petroleum Corp Ltd (BPCL) will get Rs 2,499.39 crore.

ATF price hiked by over 2.7%

Last Updated: Wednesday, January 01, 2014, 18:28

Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 2,036.59 per kilolitre, or 2.74 percent, to Rs 76,241.33 per kl.

Delhi HC stays CCI proceedings against IOCL, HPCL& BPCL

Last Updated: Friday, November 22, 2013, 20:08

The PSUs in their plea have challenged the October 21, 2013 order of the CCI by which it had held that it had the jurisdiction to look into petrol pricing of the oil companies.