State-run Bharat Petroleum Corp Ltd (BPCL) has been given the approval for setting up a second-generation ethanol plant in Odisha that would entail an...
Gautam Adani Group Gets Licences to Retail Gas in 21 Cities
Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on its own and another nine, includi...
IOC, HPCL, BPCL Top Gainers on Nifty, Despite Sinking Oil Prices
Shares of oil marketing companies (OMCs) such as IOC, HPCL, and BPCL rallied up to 6 percent on Tuesday as oil prices extended losses on Tuesday after...
Saudi ARAMCO and ADNOC Join Hands for Maharashtra’s Ratnagiri Refinery Project
This will be single largest overseas investment in the Indian refining sector. Of this 50 percent Indian shares, 25 percent will go to IOC, while BPCL...
IOCL and BPCL May Buy 26% Stakes in GAIL for Rs 20,000 Crore
Following Finance Minister Arun Jaitley's February 2017 Budget announcement of creating integrated oil majors, IOC and BPCL had submitted separate pro...
Indian Oil Corporation to Invest Rs. 70,000 Crore to Raise Oil Refining Capacity by 25 %
IOC will expand its refining capacity to 116.55 million tonnes per annum (MTPA) by 2030 from the current 80.7 MTPA with an investment of about Rs 70,0...
‘Indian Oil & BPCL Keen to Acquire GAIL
IOC and BPCL have separately indicated to the petroleum ministry their interest in taking over GAIL to add natural gas to their oil refining and marke...
IOC, BPCL, HPCL to Set World’s Largest Oil Refinery with Investment of $40 Bn
As per the agreement, Indian Oil Corp (IOC) will be the lead partner with 50 per cent stake while Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petro...
India’s Oldest Pharma Company Registered Profit after 6 Decades
KOLKATA: For the first time in six decades, Bengal Chemicals and Pharmaceuticals Ltd (BCPL) has reported a net profit of Rs 4 crore. “We made a net pr...
‘Merger Of Oil PSUs is Not in Consideration’
Mr Pradhan also informed that he is pitching with the ministry of finance to cut cess on domestically produced crude oil to provide life to companies ...