Apr 21, 2017 at 19:35 | Source: PTI
As many as 3.5 crore people currently visit 59,595 petrol pumps in the country for buying auto fuel. Often, long queues are witnessed at petrol pumps during peak hours, leading to congestion on roads.
Apr 12, 2017 at 13:58 | Source: PTI
State-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own over 95 per cent of nearly 58,000 petrol pumps in the country, will launch a pilot for daily price revision in five select cities from May 1 and gradually extend it to all over the country.
Apr 12, 2017 at 13:32 | Source: PTI
At least 73 of the 99 storage tanks in Trincomalee is to be managed under a new equity arrangement between the two countries, Weerakkody said.
Apr 07, 2017 at 20:10 | Source: Reuters
India, Iran's biggest oil buyer after China, was among a handful of countries that continued to deal with Tehran despite Western sanctions over its nuclear programme.
Apr 06, 2017 at 15:23 | Source: PTI
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) together plan to set up a 60-million tonnes a year oil refinery on west coast to meet the rising fuel needs of the country.
Apr 03, 2017 at 17:55 | Source: Moneycontrol.com
According to Ashish Bhandari, CEO-Energy, GE South Asia, India has limited energy resources and the demand for oil and gas over the next 15 years is set to double posing a unique challenge to the country.
Mar 31, 2017 at 10:52 | Source: Moneycontrol.com
The state-run oil marketing companies are also fully equipped to provide the BSIV-compliant at their 53,500 retail pumps across the country, according to a report in The Financial Express.
Mar 31, 2017 at 07:40 | Source: Reuters
Kuwait oil minister Essam al-Marzouq said his country was among several nations supporting the extension of a deal between the Organisation of the Petroleum Exporting Countries and other exporters to limit output, state news agency KUNA reported.
Mar 24, 2017 at 10:34 | Source: CNBC-TV18
MK Surana, CMD of Hindustan Petroleum Corporation Ltd expects to end FY17 with GRMs of around USD 6 per barrel.
Mar 08, 2017 at 07:59 | Source: Reuters
The kingdom led a pact between the Organization of the Petroleum Exporting Countries and other major producers, such as Russia and Kazakhstan, to cut global crude output by about 1.8 million barrels per day from Jan. 1, and bring supply closer to demand.