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    • Expect to clock net profit of Rs 10,000 crore in FY18: BPCL

    • Confidence Petroleum's subsidiary commissions new unit to manufacture LPG cylinders

    • IOC, BPCL, HPCL sign pact to set up USD 40 billion refinery

    • Don't see any hit on profits even if petrol pumps are closed on Sunday: BPCL

    • Long-term prices steady; spot prices may fall: Petronet LNG

    • Evaluating Russia's offer for Yamal LNG phase two: Petronet LNG

    • ONGC Videsh eyes additional 11% stake in Vankor field

    • See earnings growing by 17% this fiscal year: Antique

    • Kochi refinery to go on stream by Oct, aid GRM expansion: BPCL

    • Aim to improve refining capacity to 40 MT by 2018: BPCL

    • Intend to increase Bina unit's capacity to 15 MT: BPCL

    • Videocon consortium announces petroleum discovery in Brazil

    • Crude may trade near $100/bbl in medium to long-term: ONGC

    • Gas price to be next big trigger for sector: Moody's

    • Total diesel deregulation in next 12 months likely: BPCL

    • Expect 50p diesel price hike to continue in 2014: BPCL

    • Expect 100% under recovery compensation, higher GRMs: BPCL

    • McNally Bharat eyes Rs 1500 cr order in H2, can't pare debt

      According to Prabir Ghosh, this is the first year when the company has received orders in oil and gas sector reflecting positive development in the overall strategy of the company.

    • Oil find more than report; volume to be known by 2015: BPCL

      Bharat Petroleum Corporation Limited (BPCL) is optimistic of more oil quantity of oil reserves from its Brazil's find. RK Singh, its CMD says that the quantum will only be known after the appraisal gets over in 2015.

    • Need fortnightly review of diesel prices: RS Sharma

      In an interview to CNBC-TV18, RS Sharma, Former Chairman of ONGC spoke about the current environment in the oil and gas space

    • Will hike diesel by 50 paise/litre on July 1: BPCL's Singh

      Based on 57/USD as the exchange rate, the under recovery on diesel stands at Rs 6.30, he added.

    • Panel to decide on new pricing formula: BPCL chief

      If the new pricing method, called the export parity pricing formula is introduced, oil companies will not be re-imbursed for incremental costs like logistics and freight charges.

    • Diesel-price hike to cut underrecovery by Rs 3: BPCL

      RK Singh, CMD, BPCL says, in an interview to CNBC-TV18, that the current diesel-price hike will cut underrecovery on diesel by Rs 3.

    • OMCs should hike diesel prices more often: Kirit Parikh

      Kirit Parikh, former Planning Commission member and oil-and-gas expert, says in an interview to CNBC-TV18, that consumers have accepted revisions in petrol prices and less frequent price revisions would lead to OMCS charging more.

    • OMCs can easily afford to cut prices by 2-2.5/litre: Expert

      The oil marketing companies could easily afford to bring down the price of petrol by at least Rs 2-2.50 per litre, says Narendra Taneja, energy expert.

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