BPCL
BPCL to invest Rs 1,500-1,700 cr in floating LNG terminal in AP
The company will hold 74 per cent interest in the project while the remaining 26 per cent will be with Petronet LNG Ltd.
Govt wants ONGC to sell golf course in Ahmedabad that has oil wells
The golf course identified by DIPAM has two producing oil wells, sources said.
BPCL, HPCL take 25 pc stake each in IOC's Rs 9,000-cr LPG pipeline project
IOC, which had in 2016 proposed laying of the pipeline, will hold the remaining 50 per cent stake.
BPCL’s insurance cost nearly doubles
The deductible/excess under loss of profit cover due to business interruption this year has increased to 45 days from 30 days in the last policy.
Fitch Ratings sees risks to OMCs as govt seeks more returns
Struggling to meet budget targets, the government had asked cash-rich PSUs to pay second interim dividend.
Indian refiners turn to OPEC, Mexico, US to make up Iran oil gap
Refiners have not yet placed orders for Iranian oil for May, when current waiver expires, pending clarity from US.
City gas distribution rights to help oil marketing firms diversify: Fitch
IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.
PNGRB rejects HPCL review petition on ATF pipeline
HPCL may submit a comprehensive representation to the Board and appear for a hearing on April 5
Shares of oil marketing cos jump up to 7.2 pc on easing crude prices
Brent crude prices fell 4.37 per cent, its biggest single-day fall in three months, to USD 76.24 barrel.
Govt plans to end anti-competitive, complex cross-holding in oil PSUs
Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.