Aug 27, 2015 at 18:04 | Source: PTI
IOC, the nation's biggest oil firm, spent Rs 1.65 lakh crore on import of 43.9 million tons of crude oil in 2014-15. Ashok said oil purchases make up for nearly 92 per cent of IOC's overall costs and the company is "taking a number of steps to reduce the cost of crude-sourcing".
Aug 26, 2015 at 09:00 | Source: CNBC-TV18
In an interview with CNBC-TV18, Sudarshan Sukhani of s2analytics advises investors to wait back till market stabilizes in coming few days.
Aug 19, 2015 at 12:25 | Source: CNBC-TV18
The deregulation play coupled with the falling crude trade is now showing some signs of being overextended and investors should now become stock-selective when dealing with oil marketing company (OMC) stocks.
Aug 18, 2015 at 14:52 | Source: Moneycontrol.com
Hindustan Petroleum Corporation (HPCL) Ltd has informed BSE that the 63rd Annual General Meeting (AGM) of the Company will be held on September 10, 2015.
Aug 18, 2015 at 10:52 | Source: Reuters
Shell owns 50 percent of Parque das Conchas, its main Brazilian asset. Qatar's state oil company Qatar Petroleum owns 23 percent and India's ONGC owns 27 percent.
Aug 17, 2015 at 15:56 | Source: CNBC-TV18
Dilip Bhat of Prabhudas Lilladher, sees the beginning of a rerating for PSU banks over the next 12-15 months. According to him, PSU banks as a theme needs to be played. "The entire pack has to play the catch up game," he adds.
Aug 15, 2015 at 12:29 | Source: CNBC-TV18
Pashupati Advani of Globalforay is of the view that one may prefer HPCL from oil marketing companies.
Aug 14, 2015 at 20:59 | Source: Moneycontrol.com
Confidence Petroleum India has informed that the Board of Directors of the Company at its meeting held on August 14, 2015, inter alia, have considered, approved and adopted the following : 1. Adoption of Resignation Mr. Nalin Khara as Director of the Company.
Aug 14, 2015 at 14:05 | Source: Moneycontrol.com
The oil marketing company (OMC) saw a strong gross refining margins (GRMs) in the quarter. Its GRMs were at USD 8.55 per barrel versus USD 3.38 per barrel year-on-year.
Aug 13, 2015 at 12:28 | Source: CNBC-TV18
Vikas Khemani, CEO at Edelweiss Securities is of the view that oil marketing companies look good and recommends buying on any dip for medium to long term.