Dec 16, 2018 12:21 PM IST
For Cairn, the penalty for violating the terms of the bid would be a maximum of $0.1 million or Rs 71 lakh for each of the 14 blocks.
- Apr 07, 2017 10:46 AM IST
State-owned and India's biggest oil marketing company Indian Oil Corp Ltd and its two smaller peers Bharat Petroleum and Hindustan Petroleum are considering ways to roll out the plan to review petrol and diesel prices daily, executives from the firms told the daily.
- Oct 05, 2016 01:36 PM IST
The company is looking at expanding its Visakhapatnam Refinery from 8.33 million tonnes (mt) to 15 mt with a cost of Rs 20,900 crore, said Chairman and Managing Director MK Surana of HPCL.
- Feb 15, 2016 10:07 AM IST
P Balasubramanian, director-finance at BPCL, says the December quarter was a good one, especially on the refining side
- Aug 19, 2015 12:25 PM IST
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.
- Jun 15, 2015 07:44 PM IST
Oil marketing companies today said they would hike the price of petrol by Rs 0.64 per litre and cut diesel prices by Rs 1.35 per litre, effective midnight June 16.
- Sep 29, 2013 01:01 PM IST
The second largest oil marketing company Bharat Petroleum Corporation Ltd (BPCL) is hopeful of taking its 6-million tonne Bina Refinery public next fiscal, its Chairman and Managing Director R K Singh has said.
- Mar 10, 2011 10:59 PM IST
AK Hazarika, the new Chairman of ONGC, spoke to CNBC-TV18 about the controversy surrounding the company's FPO route. "The decision on the FPO lies with the government. However, we do expect it to take place in the first quarter of FY12," he said.