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Oil firms supply fuel to SpiceJet on cash payment

Last Updated: Wednesday, December 17, 2014, 17:12

After a brief hiatus, oil companies on Wednesday began supplying jet fuel to Spicejet after the troubled airline paid cash for the purchases.

Will supply fuel only on immediate payment: Oil companies to SpiceJet

Last Updated: Wednesday, December 17, 2014, 13:00

With troubled SpiceJet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate payments, as the airline is on 'cash and carry' mode.

BPCL to invest over $740 million in petrochemicals push

Last Updated: Wednesday, December 3, 2014, 21:53

Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins.

ATF price hiked by over 2.7%

Last Updated: Wednesday, January 1, 2014, 18:28

Aviation Turbine Fuel, or ATF, price at Delhi was hiked by Rs 2,036.59 per kilolitre, or 2.74 percent, to Rs 76,241.33 per kl.

Delhi HC stays CCI proceedings against IOCL, HPCL& BPCL

Last Updated: Friday, November 22, 2013, 20:08

The PSUs in their plea have challenged the October 21, 2013 order of the CCI by which it had held that it had the jurisdiction to look into petrol pricing of the oil companies.

Oil discovery in BPCL-Videocon block in Brazil

Last Updated: Monday, October 21, 2013, 18:41

The state-owned firm has confirmed excellent productivity of good quality crude following a drilling test.

Three oil PSUs move SC for modification of Aadhaar order

Last Updated: Sunday, October 6, 2013, 13:48

Three oil PSUs have moved the Supreme Court seeking modification of its earlier order that Aadhaar card is not mandatory and no person should suffer for want of it in getting benefits of government schemes.

Varadarajan takes charge as BPCL CMD

Last Updated: Tuesday, October 1, 2013, 18:54

Prior to his appointment as the CMD, Varadarajan was serving as the Director- Finance of the company, a company release said.

BPCL keen on Bina Refinery IPO next fiscal

Last Updated: Sunday, September 29, 2013, 11:40

Earlier, the company had said it would divest 24 percent of its 49 percent stakes in the refinery to public, but this time around Singh did not specify any particular divestment range.

Credit Suisse upgrades BPCL to 'outperform'

Last Updated: Wednesday, September 25, 2013, 11:23

The investment bank says current share price reflects export parity pricing implementation, which should provide a floor to valuations.

Oil stocks fall up to 6% on weak rupee

Last Updated: Monday, September 23, 2013, 19:00

Led by HPCL, shares of oil marketing companies Monday fell by up to 6 percent, following weakness in the rupee against the US dollar.

JV with LG Chem off, but Kochi petchem proj not shelved: BPCL

Last Updated: Sunday, September 22, 2013, 17:25

Bharat Petroleum has said there is no question of shelving its ambitious plan of foraying into niche petrochemicals with the Rs 5,000-crore Kochi petrochemicals project, though its joint venture with Korean major LG Chem for the same has reached a dead-end.