Govt gets Rs 2,413 cr dividend from BPCL
The government has received Rs 2,413 crore in dividends from BPCL, adding to the Rs 15,389.14 crore received this fiscal…
Saudi Arabia may cut crude oil prices for Asia in October
Saudi Arabia is likely to reduce prices for most crude grades sold to Asia in October, following a decline in…
Oil marketing companies increase price of 19 kg commercial LPG cylinder by Rs 39
LPG Price Hike Update: Oil marketing companies have raised the price of 19 kg commercial LPG cylinders by Rs 39,…
S M Vaidya steps down as IOC chairman after steering company to unprecedented heights
Revenue from operations also saw a significant growth, rising by 53 per cent from Rs 5,66,354 crore to Rs 8,66,345…
Bharat Petroleum to invest Rs 75,000 crore in expanding refining capacity
Bharat Petroleum Corp plans a ₹75,000 crore investment over the next five years to expand its refining and petrochemical capacities,…
Govt slashes windfall tax on petroleum crude to Rs 1,850/tonne
After the recent cut this month, the goverment on Friday reduced windfall gains tax on petroleum products to Rs 1,850/tonne…
Numaligarh Refinery Limited reports progress on mega expansion project
Numaligarh Refinery Limited in Assam announced progress in its mega expansion project, aiming to increase capacity from 3 to 9…
ONGC seeks US exemption to take over Venezuelan oilfields' operations
ONGC seeks US exemption to gain operational control of its oil fields in Venezuela. The company has struggled to repatriate…
Numaligarh Refinery's Bangladesh business remains unaffected, plans to expand via waterways
Despite the political unrest in Bangladesh, business between Assam-based Numaligarh Refinery Limited (NRL) and Bangladesh continues uninterrupted. NRL aims to…