India expects participation of global oil majors in BPCL bidding: Oil minister Dharmendra Pradhan Homegrown Vedanta and two international funds have shown initial interest in buying the government’s entire majority stake in BPCL. The government will call price bids after evaluating the three players’ suitability on technical grounds. New Delhi: India expects some international oil […]

Indian Oil Corporation seeks to build pipeline up to Jewar airport to supply aviation turbine fuel Indian Oil, the nation’s largest refiner and supplier of jet fuel, has submitted an expression of interest to the Petroleum and Natural Gas Regulatory. Indian Oil Corp is seeking to build a pipeline to supply aviation turbine fuel at the upcoming Jewar airport in Uttar […]

Mahrashtra: Petrol price in Parbhani at Rs 94.16/l highest in state on Wednesday Parbhani district petrol and diesel association’s Amol Bhedsurkar confirmed that the current price was a record high Aurangabad: Parbhani district recorded the highest petrol price in the state on Wednesday after breaching the Rs 94/litre-mark. In comparison, petrol was priced at Rs 92.98 per […]

JBM Auto to Supply DTC With 700 BS-VI Compliant AC Low-floor CNG Buses JBM Auto Ltd on Tuesday said it has bagged an order from Delhi Transport Corporation (DTC) for supply of 700 BS-VI compliant AC low-floor CNG buses. The company will be supplying 700 ‘CITYLIFE’ BS-VI buses, equipped with modern features like smartcard ticketing […]

India unlikely to use US facilities to store oil reserves India proposes to re-evaluate its plan to store its strategic oil reserves in facilities available in the US as the country looks to bolster domestic storage that is considered a safer and better option to deal with excess price volatility and supply disruptions New Delhi: […]