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Nov 21, 2019, 08:40 AM IST

Union Cabinet approves disinvestment in BPCL, SCI and 3 other blue-chip PSUs

Addressing a press conference after a Union Cabinet meeting in Delhi, Finance Minister Nirmala Sitharaman said that the Centre has decided to sell its 53.29% stake in BPCL but the control of Numaligarh refinery in Assam will remain with the government. 

Nov 20, 2019, 22:37 PM IST

Government taken steps towards reducing imports by 10%: PM Modi in Kochi

Kerala Chief Minister Pinarayi Vijayan, Governor P Sathasivam were among other leaders who attended the event.

Jan 27, 2019, 16:20 PM IST

Fuel price reduction may dent oil companies EBITDA by Rs 6500 cr: Moody's

The new fuel prices took effect on October 5.

Oct 08, 2018, 11:38 AM IST

Saudi Aramco to buy 50% stake in $44-bn oil refinery in Maharashtra

State-owned IOC, BPCL and HPCL will hold the remaining 50 percent stake in the project.

Apr 11, 2018, 13:15 PM IST

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

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.

Nov 29, 2017, 15:53 PM IST

Moody's upgrades ratings of nine PSUs

The foreign currency issuer ratings of Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Indian Oil Corp (IOC) and Petronet LNG Ltd (PLL) was upgraded to Baa2 from Baa3, the same as India's sovereign rating upgrade.

Nov 17, 2017, 18:18 PM IST

HPCL starts selling lubricants in Myanmar

HPCL is the first Indian oil company to have started marketing lubes in Myanmar and has chosen commercial hubs of Yangon and Mandalay.

Oct 13, 2017, 14:56 PM IST

US ships first lot of crude to India

This is one of the first shipments to India since the United States stopped oil exports in 1975.

Oct 02, 2017, 13:54 PM IST

Jet fuel price hiked by 6%; LPG costlier by Rs 1.50 a cylinder

Every household is entitled to 12 cylinders of 14.2-kg each at subsidised rates in a year. Any requirement beyond that is to be purchased at market price.

Oct 01, 2017, 15:56 PM IST

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 PM IST

GAIL, GSPL fight over who will transport ONGC gas

GAIL, on the other hand, has contested GITL's assertion that ONGC's S1 deep water and S1-VA fields in Bay of Bengal were ever marked as gas sources for MBBVPL.

Aug 06, 2017, 16:44 PM IST

Bihar Health Minister Tej Pratap Yadav's Patna petrol pump sealed

Bihar Health Minister Tej Pratap Yadav`s petrol pump here was sealed by the Bharat Petroleum Corp Ltd (BPCL) on Friday, official said.

Jul 21, 2017, 16:00 PM IST

Court stays BPCL orders to cancel Lalu's son Tej Pratap Yadav's fuel pump licence

Bihar Health Minister Tej Pratap Yadav`s petrol pump licence was cancelled by the Bharat Petroleum Corporation Limited (BPCL) on Saturday on allegations that he acquired the land for the pump "illegally". However, a local court has stayed the order.

Jun 17, 2017, 20:18 PM IST

Blow for Lalu Yadav's son: BPCL terminates licence of Tej Pratap Yadav's petrol pump

The BPCL had earlier issued a notice to the Bihar minister over complaint that he had obtained the Patna petrol pump by furnishing wrong information.

Jun 17, 2017, 11:45 AM IST

Govt to assess impact of CSR activities undertaken by PSUs

For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.

Jun 13, 2017, 17:39 PM IST

Setback for Lalu's son Tej Pratap Yadav as Bharat Petroleum issues notice to him over petrol pump license

In a setback to Bihar minister and RJD chief Lalu Prasad's son Tej Pratap, Bharat Petroleum has issued a notice to him.

May 31, 2017, 18:11 PM IST

BPCL, HPCL, IOC, Sun Pharma entity win oil & gas field auction

State-owned refiners BPCL, HPCL and IOC alongside a company floated by directors of drugmaker Sun Pharmaceuticals were on Wednesday declared as winners of the much-hyped small oil and gas field discovery auction.

Feb 15, 2017, 20:57 PM IST

Pay using Ola Money for fuel, LPG at BPCL

Now you can easily pay fuel and LPG at Bharat Petroleum Corporation Limited (BPCL) retail outlets across the country using Ola Money.

Dec 26, 2016, 14:15 PM IST

OIL consortium completes $3.14 billion stake buy in Russian fields

OIL, Indian Oil Corp and a unit of Bharat Petroleum Corporation (BPCL) bought 29.9 percent stake in Taas-Yuryakh oilfield in East Siberia for USD 1.12 billion and another 23.9 percent in Vankor oilfield for USD 2.02 billion.

Oct 05, 2016, 21:34 PM IST