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Bharat Petroleum Corp Ltd (BPCL), India’s second-largest public sector refinery, is planning Rs 18,000 crore to Rs 20,000 crore investment over the next five years for setting up a petrochemical plant and expansion of the Kochi ...
Videocon Industries and Bharat Petroleum Corporation (BPCL) today said the natural gas discovery they made off Mozambique may hold 15-30 trillion cubic feet (tcf) of inplace reserves which they may ship into India in form of ...
The Petroleum Ministry has asked for a two-year extension of the tax holiday for refineries under the Income-Tax (I-T) Act so that state-owned Indian Oil Corp’s (IOC’s) much-delayed, Rs 29,777 crore Paradip refinery can avail the ...
Bharat PetroResources (BPRL), a wholly-owned subsidiary of state-run oil marketer Bharat Petroleum Corporation (BPCL), said it expected to drill 16 wells by this fiscal-end and was hopeful of making further discoveries in its blocks in the ...
Borrowings of Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) have jumped by over Rs 22,555 crore in the first five months of the current fiscal as government did not fully ...
State-owned oil companies provided employment to 3,872 persons in the fiscal 2010-11, a government statement said.”Oil and Natural Gas Corporation [ONGC] recruited the highest 1,426 personnel, followed by Indian OIl Corporation [IOC] with 989 recruitments,” it ...
Bank of America Merrill Lynch raised its target price on state-run oil marketing companies Indian Oil, Hindustan Petroleum and Bharat Petroleum after India raised diesel prices about 9 per cent on Friday. Diesel will now cost just ...
India’s Hindustan Petroleum (HPCL) may defer the planned 15-day shutdown of a 60,000 barrels per day crude unit at Mumbai refinery to Septmber to meet local fuel demand, its head of refineries K Murali said. “We ...
Oil operations for state-controlled Bharat Petroleum Corp. will be disrupted for three days this month at the port of Jawaharlal Nehru due to planned construction work, shipping and logistics firm GAC said. BPCL will restrict operations at ...
Diversion of subsidised fuels is one of the major threats to the health of the oil sector, a document prepared by the oil ministry on strategy for the next five years says. The document lists price ...