GAIL opposes government’s hive-off plan Oil ministry officials said they were considering a bifurcation to resolve the conflict arising out of the same entity owning the two businesses State-owned gas […]
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BPCL offers VRS to employees ahead of privatisation
BPCL offers VRS to employees ahead of privatisation The last date for submitting the expressions of interest (EoIs) for the 52.98 per cent BPCL stake is July 31. The deadline […]
June oil imports lowest in nearly nine years; none from Venezuela
June oil imports lowest in nearly nine years; none from Venezuela India, the world’s third biggest oil consumer and importer, received 3.2 million barrels per day (bpd) oil in June, […]
Reliance overtakes Exxon to become world’s 2nd most valuable energy firm
Reliance overtakes Exxon to become world’s 2nd most valuable energy firm On Thursday, Reliance was ranked 48th and was behind ExxonMobil. Its share price on Friday scaled an all-time high […]
Indian Oil Corporation told to pay Rs 25 crore pollution compensation
Indian Oil Corporation told to pay Rs 25 crore pollution compensation The National Green Tribunal (NGT) has directed the Indian Oil Corporation Limited (IOCL) to deposit an amount of Rs […]