State-owned Bharat Petroleum Corporation Ltd (BPCL) has signed an agreement with Brazilian national oil company Petrobras to source oil from the Latin American nation. Chairman and managing director ...

International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said. The...

HPCL’s revenue from the sale of products soared to Rs 1.21 lakh crore in the first quarter of the current fiscal year from Rs 77,308.53 crore a year back. This is mostly because of higher intern...

The West Bengal government will run a large number of buses on CNG, an environment-friendly fuel, transport minister Firhad Hakim said on Wednesday while inaugurating a CNG station at the Kasba bus de...

There is a possibility that the government may decide to now offer to sell only a 26 per cent stake at this stage with management control. This will limit the amount of money a bidder has to put upfro...

Bangladesh has started using the Calcutta port to import cooking gas from West Asia, opening a new chapter of co-operation between two countries. A very large gas carrier (VLGC) is now anchored a...

State-owned oil firms such as ONGC and IOC will invest over Rs 1.11 lakh crore in the next fiscal year starting April as they supplement the government’s massive spending programme to spur econo...

Vedanta Resources Ltd’s plan to set up a $10 billion fund to acquire state-owned firms has attracted interest from sovereign wealth funds and the corpus will be floated once the government invit...

Megha Engineering and Infrastructures Ltd (MEIL) walked away with 15 licences to retail CNG to automobiles and piped cooking gas to households in the latest city gas bidding round, while a joint ventu...

⚫Tieup is part of BPCL’s plan to create a renewable energy portfolio of 1GW by 2025 and 10GW by 2040. ⚫ Plan is to pursue opportunities in renewable energy space such as  solar, wind, e...