For the first half of the current fiscal, the price was notified at $1.79/mBtu (GCV basis), the lowest since the introduction of the modified Rangarajan formula...

For the first half of the current fiscal, the price was notified at $1.79/mBtu (GCV basis), the lowest since the introduction of the modified Rangarajan formula...

The country’s second largest oil refiner and fuel marketing company had a net profit of Rs 2,076.17 crore in the April-June period of 2020-21...

Mining-to-oil conglomerate Vedanta and US-based private equity firms Apollo Global and I Squared Capital’s arm Think Gas are in the race to buy the govt's stake...

The government is selling its entire 63.75 per cent stake in the company along with the transfer of management control...

According to the existing policy, up to 49 per cent FDI is permissible through the automatic route in petroleum refining PSUs...

The Centre has approved the sale of its entire 52.98 per cent shareholding in BPCL, along with the transfer of management control to a strategic buyer...

Expectations that the privatisation candidate would announce a high payout rose after it announced the sale of its stake in the Numaligarh refinery...

Govt officials are optimistic they will complete the sale process of the two PSUs by the end of the fiscal and beef up the sell-off proceeds for the fiscal...

Indian Oil, the country’s biggest refiner, has reduced runs to an average of between 85 per cent and 88 per cent of processing capacity...