Oil giant in the making

Oil giant in the making

In trade and industry, economies of scale help all stakeholders. Companies benefit significantly as they enjoy more bargaining power with vendors and raw material suppliers because they procure in massive quantities.

Merger Of Indian Oil, BPCL, HPCL, ONGC? Here Are The Big Challenges

Merger Of Indian Oil, BPCL, HPCL, ONGC? Here Are The Big Challenges

“We propose to create an integrated public sector ‘oil major’ which will be able to match the performance of international and domestic private sector oil and gas companies.” With this Budget 2017 speech Finance Minister set the ball rolling on merger of public sector oil companies. Analysts have welcomed the move but say that such […]