Indian Oil buys its first Johan Sverdrup crude cargoes
Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification…
BPCL
The latest BPCL news, analysis and data from India and across Asia, reported by Energy Asia.
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BPCL acquires OQ’s stake in Bina refinery for Rs 2,400 cr
Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) has acquired partner OQ's entire stake in the Bina refinery project in Madhya Pradesh for Rs 2,400 crore.
OIL’s Mozambique project fulfils USD14.9 bn debt drawdown
ONGC Videsh Ltd and Oil India Ltd, together with their foreign partners, have met conditions precedent for the first debt drawdown from the USD 14.9 billion
BPCL aims to increasing CNG sale share to 15% in 4-5yrs
Bharat Petroleum Corporation Ltd (BPCL) is aiming big to expand its footprint in clean fuel space and looking to set up an infrastructure to tap the…
LPG consumption up 7.3% despite price rise
Cooking gas LPG consumption rose 7.3% in the last three months despite a steep price rise, with usage among the PMUY beneficiaries, who are mostly poor…
India giving topmost importance to develop its blue economy
India is giving topmost importance to develop its blue economy, said Prime Minister Narendra Modi while inaugurating several projects in Kochi.
Petrochemical Park to make Kerala industry friendly
Kerala Chief Minister Pinarayi Vijayan said the Rs 300 crore Petrochemical Park coming up at Ambalamugal in Kochi, will change the perception that the state was…
BP to meet 10% ethanol blending target by 2022
Bharat Petroleum is confident of meeting the new government target of blending 10% biofuel with petrol by 2022 with the latest addition of maze to the…
Aramco, ADNOC committed for $44 bn west coast project
Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (ADNOC) are still committed to investing in the planned USD 44 billion west coast…
Five Petroleum and Gas sector PSUs to join International Solar Alliance
Five Public Sector Undertakings under Petroleum & Natural Gas Ministry will be joining International Solar Alliance (ISA)’s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners.
About 85 lakh PMUY beneficiaries got LPG cylinder in April
GoI has announced pro-poor initiatives under Pradhan Mantri Garib Kalyan Yojana, as part of economic response to Covid-19. This is aimed at alleviating the hardships faced…
OMCs announce Ex-Gratia of Rs 5 Lakh for delivery boys and others workers
Oil marketing companies- IOCL, BPCL and HPCL today announced an ex-gratia amount of Rs 5 lakh each, as a one-time special measure, in the unfortunate case…
Steps to curb fuel adulteration
Public Sector Oil Marketing Companies (OMCs) namely, IOCL, BPCL and HPCL take action against the erring Retail Outlet dealers as per the provisions of Marketing Discipline…
Refinery Production report for May 2019
Refinery production during May, 2019 was 21577.85 TMT which is 0.51% lower than the target for the month and 2.98% lower when compared with May, 2018.
Indian Consortium and Saudi Aramco Sign MoU for Ratnagiri Mega Refinery
An Indian Consortium consisting of IOCL, BPCL and HPCL and Saudi Aramco signed a Memorandum of Understanding (MoU) recently to jointly develop and build an integrated…