11.49 am | 26 Dec 2011 |  Source: CNBC-TV18

High interest cost, a weak rupee and under-recoveries on sale of petroleum products has become a big cause of concern for state run oil retailer Bhara...

8.41 pm | 16 Dec 2011 |  Source: Reuters

State-run BPCL has sought shareholders approval to increase borrowing limit of the company by as much as Rs 2,000 crore. ...

11.42 am | 14 Dec 2011 |  Source: Moneycontrol.com

Oil marketing companies (OMCs) have written to the oil ministry to pay them at least Rs 50,000 crore as subsidy for the April-September period for sel...

7.36 pm | 12 Dec 2011 |  Source: PTI

State-run Indian Oil Corp has emerged as the country's biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant ...

5.36 pm | 01 Dec 2011 |  Source: PTI

Government today said no proposal for any kind of bail out package for loss making private airlines was under its consideration....

8.28 pm | 30 Nov 2011 |  Source: CNBC-TV18

State-owned oil marketing companies will cut petrol prices by Rs 0.65 per litre excluding tax with effective from midnight, reports CNBC-TV18. Delhi w...

7.46 pm | 28 Nov 2011 |  Source: Reuters

The state refiners could cut petrol prices by about one rupee a litre or 1.5% as softening Singapore spot gasoline prices have offset the impact of a ...

10.15 am | 16 Nov 2011 |  Source: CNBC-TV18

S Varadarajan, director-finance of BPCL denies any political pressure in the petrol price cuts. Speaking to CNBC-TV18, he says that from hereon, petro...

7.00 pm | 04 Nov 2011 |  Source: PTI

Facing all-round criticism for a steep hike of Rs 1.80 a litre in petrol price, state-owned oil companies today said they will roll back the increase ...

8.00 pm | 03 Nov 2011 |  Source: Moneycontrol.com

Indian Oil Corporation has raised petrol prices by another Rs 1.80 per litre from midnight. And, sources tell CNBC-TV18 that other oil marketing compa...

3.51 pm | 10 Oct 2011 |  Source: PTI

State-owned Oil and Natural Gas Corp (ONGC) has said its net profit will drop by over 47% to below Rs 10,000 crore this fiscal if the government force...

1.00 pm | 08 Oct 2011 |  Source: Moneycontrol.com

A constantly falling rupee against the dollar has become a cause of concern for oil marketers who import nearly 70% of the crude oil requirements. A r...

7.52 pm | 05 Oct 2011 |  Source: Moneycontrol.com

Videocon Industries and state-run Bharat Petroleum Corp today said the natural gas discovery they made off Mozambique may hold at least 10 trillion cu...

8.21 pm | 30 Sep 2011 |  Source: PTI

For the second time this month, state-owned oil companies today hiked jet fuel, or ATF, price by 1.5% as falling rupee made oil imports costlier....

11.25 am | 21 Sep 2011 |  Source: CNBC-TV18

There has been apprehension about oil companies due to concerns related to subsidy sharing ratio. S Varadarajan, director finance, BPCL in an intervie...