Indian oil corp, bharat petroleum corp and co signed agreement for formation of joint venture company. JV co formation to implement, operate 2757 km long lpg pipeline from kandla to gorakhpur
Indian Oil, Hindustan Petroleum , Bharat Petroleum, and GAIL have exceeded their capital expenditure targets for the current fiscal, having spent heavily on refinery upgrades, pipelines, and marketing infrastructure.
India’s Hindustan Petroleum Corp could buy 0.9 million tonnes of Iran oil in its 2018/19 financial year, said Vinod S Shenoy, the company’s director of refineries.
Petroleum company Hindustan Petroleum (HP) has reportedly transferred LPG connections of consumers living as far as 10-15 kms from the gas agency here, said reports on Friday. Media reports say the agency is in Vidyadhar Nagar
Indian state-owned fuel retailers have stopped absorbing a government-mandated cut of 1 rupee (0.014 U.S. cents) a liter in their marketing margins on the sale of petrol and diesel due to a steep fall in global oil prices, said M K Surana,
Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) have invited applications for retail outlet dealership in Jammu and Kashmir.
A wave of shutdowns will hit Indian state-owned refineries next year as the country prepares for cleaner fuels from April 2020, company officials said, in moves that could temporarily dent oil demand and push up imports of refined fuels.
Public sector firms Indian Oil, Bharat Petroleum and Hindustan Petroleum plan to add 4,450 retail outlets across Gujarat in a bid to expand its network and meet growing fuel needs, an official said here Sunday.
State-run Indian refiner Hindustan Petroleum said it may resume buying Iranian oil if New Delhi secures a waiver from U.S. sanctions, its chairman M.K. Surana said on Thursday.
Hindustan Petroleum (HPCL), government-owned fuel retailer, today reported a 37 per cent fall in its net profit at Rs 1,092 crore for the quarter ended September 2018, as compared to a net profit of Rs 1,735 crore reported in the corresponding quarter