How do you see sanctions against Iran impacting Indian refiners? It’s early days and the full import of the sanctions would be clearer only with time. We will have to look at the nature of the sanctions, its modalities and the way it’s implemented.
After IOC, state-owned Hindustan Petroleum Corp Ltd (HPCL) has launched home-delivery of diesel in Mumbai and has plans to expand it to other parts of the country.
Share prices of PSU oil marketing companies like IOC, HPCL and BPCL tumbled on April 11 based on reports that government has asked them to accept a cut of one rupee in their marketing margins(i.e. not to increase prices in line with international prices).
Gadkari’s Highway Village Project Sees Good Response From Bidders, Driving Could Soon Be A Smoother Affair
Union Minister for Road Transport and Highways Nitin Gadkari’s ambitious ‘Highway Village’ project has seen a good response with bidders eyeing at least 21 out of 34 sites, reports Mint.
Oil prices in India at retail level are completely decontrolled. If crude prices go higher you will have to pay more and if oil prices go lower, you will have to pay less.
MRPL is hosting the 38th Inter Unit PSPB Bridge Tournament at its premises at Mangaluru from March 21 to 24. The tournament was inaugurated on Wednesday, March 21 at MRPL Employees Club by M Venkatesh, director (Refinery), MRPL.
Petrol prices saw gradual increase in their product by 1 paisa per litre in various state capital of India, if compared with previous day prices.
India’s largest hydrocarbon producer, Oil and Natural Gas Corporation (ONGC), has told the government it will not raise the dividend payout for 2017-18.
Oil PSUs want Andhra Pradesh government to provide viability gap funding for them to set up a Rs 32,901-crore petrochemical complex in the state, Oil Minister Dharmendra Pradhan said on Monday.
State-owned Oil and Natural Gas Corp may sell stake in its mega petrochemical project in Gujarat to fund acquisition of Hindustan Petroleum Corp Ltd (HPCL), a senior official said.