Apr 23, 2021 10:58 AM IST
Kerala has the distinction of being the only State with an oxygen surplus, so much so, that it has been sending supplies to Tamil Nadu, Goa and Karnataka as well. The State’s oxygen production is at 199 metric tonnes per day. Demand for Covid care in the State comes to 35 MTPD, while non-covid care requires around 45 MTPD.
- Apr 19, 2021 07:40 PM IST
In the face of a massive surge in demand for medical oxygen during the second wave of the pandemic, IOC has diverted the high-purity oxygen used in its Mono Ethylene Glycol (MEG) unit to produce medical-grade liquid oxygen at its Panipat refinery and petrochemical complex in Haryana.
- Apr 15, 2021 11:01 PM IST
Last year, the company had supplied around 25 tonnes of medical oxygen when the average daily cases had risen in October-November. The build-own-operate unit of Kochi Refinery has a provision to produce and store liquid oxygen of 99.7 per cent purity.
- Apr 08, 2021 02:10 PM IST
Representatives of Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation are likely to attend the meeting.
- Apr 01, 2021 06:05 PM IST
On April 1, petrol rates were seen at Rs. 90.56 a litre and diesel at Rs 80.87 a litre in the National Capital Region.
- Mar 31, 2021 07:15 PM IST
- Mar 31, 2021 06:02 PM IST
The deal for buying Oman’s stake comes at a time when the government is looking to offload its entire stake in BPCL.
- Mar 19, 2021 01:42 PM IST
The government is selling its entire 53.98 percent stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL). Three firms, including Vedanta Ltd, have evinced interest in buying the stake.
- Mar 10, 2021 02:58 PM IST
ICICI Prudential MF acquired shares worth Rs 608 crore in block deal.
- Mar 08, 2021 09:20 PM IST
Recently, in a move considered as a first step towards its divestment, BPCL approved the sale of the firm's holding in the Numaligarh Refinery for Rs 9,878 crore.
- Mar 02, 2021 05:35 PM IST
BPCL will also be paying a dividend to shareholders after the completion of NRL deal.
- Mar 01, 2021 08:10 PM IST
The transaction is likely to happen this month and is considered to be the first step towards the privatisation of BPCL.
- Mar 01, 2021 02:53 PM IST
Cooking gas was the only petroleum product that saw an upward trend in consumption, posting an increase of 8 percent in February.
- Feb 26, 2021 04:01 PM IST
“In our view, BPCL and Container Corporation of India (CONCOR) are possibly the best two companies currently that are being offered,” Sridhar Sivaram, Investment Director at Enam Holdings said
- Feb 25, 2021 04:42 PM IST
The Union Cabinet had cleared the proposal for strategic sale of the government’s 53.29 percent stake in BPCL on November 20, 2019.
- Feb 23, 2021 01:02 PM IST
As a part of the 'Aatmanirbhar Bharat' package announced in May 2020, the government has lined key areas where bare minimum public sector undertakings will be maintained and the rest will be privatised.
- Feb 18, 2021 08:26 PM IST
NRL is the largest customer of OIL’s crude produced from its North Eastern fields. The deal is likely to happen before the privatisation process of BPCL is over.
- Feb 16, 2021 09:17 AM IST
The Anil Agarwal-promoted holding company is raising money to bid in the government’s PSU privatisation drive
- Feb 09, 2021 07:52 PM IST
New Delhi, Feb 9 Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) will buy out Oman Oil Company's shares in Bina refinery project in the ..
- Feb 09, 2021 10:22 AM IST
- Feb 09, 2021 10:22 AM IST
- Feb 05, 2021 03:58 PM IST
Out of the total 61.65 percent BPCL stake in NRL, around 48 percent will be sold to a consortium led by OIL and Engineers India, while another 13.65 percent will be given to the government of Assam.
- Feb 04, 2021 07:29 PM IST
In an interview with Moneycontrol, Ministry of Petroleum and Natural Gas secretary Tarun Kapoor said the government is further easing out norms for getting an LPG connection.
- Feb 02, 2021 08:43 PM IST
DIPAM Secretary Tuhin Kanta Pandey told Moneycontrol that while the names of two state-owned banks and one general insurance company to be privatised are yet to be decided, just announcing that PSBs are up for privatisation was a big statement of intent in itself.
- Feb 02, 2021 04:59 PM IST
For FY22, investment in state-run oil and gas companies is pegged at Rs 104,870 crore, up from Rs 99,650 based on the revised estimates of FY21.