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BPCL, HPCL, IOC set for de-rating
New Delhi: The common carrier access of product pipelines may result in sustained de-rating of BPCL, HPCL, Indian Oil even lower, Swarnendu Bhushan,...
BPCL net profit jumps to Rs 10,644 crore in April-June
The earning in the first quarter was 55% higher than the net profit of Rs 6,870.47 crore in the preceding January-March quarter
After BPCL, IOC announces rights issue
The government, which is the majority owner of the company, is likely to subscribe to the rights issue and infuse equity in the company
OMCs to open 6,609 new fuel outlets in UP
Expansion will cater to emerging markets such as urban areas, upcoming highways, agri pockets, rural, remote, and far-flung areas in the State
Commercial LPG, ATF become cheaper
Commercial LPG price cut by Rs83.5, ATF by 7% to Rs89,303.09/KL amid easing global crude oil price
Reliance-bp, Nayara price petrol, diesel at market rates
The move comes for the first time in over a year after a fall in global oil prices cut losses
Marketing losses of India's oil PSUs to ease: Moody's
Still, overall earnings for fiscal 2023 ending on 31 March 2023 will be weak because of marketing losses in the first half
LIC picks 2% in BPCL for Rs. 1,598 cr
Life insurance behemoth’s shareholding rose from 7.03% to 9.04% in state-owned refiner
