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IOC, HPCL, BPCL Post Rs 18,480 Cr Loss In Q1 On Holding Petrol, Diesel Prices

IOC, HPCL, BPCL Post Rs 18,480 Cr Loss In Q1 On Holding Petrol, Diesel Prices

According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin on petrol, diesel and domestic LPG

07 August 2022
India Turns 10% Of Its Petrol Green; Targets A Fifth By 2025

India Turns 10% Of Its Petrol Green; Targets A Fifth By 2025

India is the world's fifth-largest producer of ethanol after the US, Brazil, EU and China. Ethanol worldwide is largely used for consumption but nations like...

05 June 2022

BPCL Q4 Net Drops 82% On Losses Due To Holding Fuel Prices

Net profit of Rs 2,130.53 crore was reported in the January-March period as compared with Rs 11,940.13 crore

Petrol Under-Recovery At Rs 13, Diesel At Rs 24; Reliance-BP Says Operations Unsustainable

Petrol Under-Recovery At Rs 13, Diesel At Rs 24; Reliance-BP Says Operations Unsustainable

As of May 16, 2022, net under-recoveries in the industry were Rs 13.08 per litre for petrol and Rs 24.09 per litre for diesel.

23 May 2022

BPCL, HPCL Walk Away With City Gas Licenses In Latest Bid Round

Seven companies had put in 21 bids for city gas licenses in five areas in states like Uttar Pradesh and West Bengal.

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25 April 2022
MG Motor India, BPCL Team Up To Bolster EV Charging Infrastructure

MG Motor India, BPCL Team Up To Bolster EV Charging Infrastructure

The partnership with BPCL will add momentum to EV adoption by expanding opportunities for intercity travel as the two entities will install EV chargers across...


12 April 2022
Mumbai, Kandla Ports Clog As Oil Companies Clamour To Select Ports For LPG Imports

Mumbai, Kandla Ports Clog As Oil Companies Clamour To Select Ports For LPG Imports

The oil industry and the petroleum ministry have made a case for expanding the list of designated ports, but the finance ministry shot down the proposal.


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