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Oil PSUs News

14 May 2021

'Why Petrol is rising', Zee explains the sudden surge in fuel prices

Fuel prices in India hiked again for the sixth time There are several factors which control petrol and diesel prices Fuel prices differ from state to state depending on the incidence of local taxes such as VAT and freight charges

22 Nov 2017

Ready to supply Euro-VI fuel to Delhi from April, says IOC

The nation's biggest oil firm, IOC will source the fuel from its Mathura refinery, while Hindustan Petroleum Corp Ltd (HPCL) will do so from its joint venture refinery at Bhatinda. Bharat Petroleum Corp Ltd (BPCL) supply the fuel from its Bina refinery.

06 Apr 2016

Oil PSUs get a free hand, can choose companies for crude buy

In a bid to improve operational efficiency, the government Wednesday gave freedom to public sector oil firms to have their own independent crude import policy based on their commercial requirements.

crude oil import

06 Apr 2016

Cabinet clears revised crude oil import policy for upstream PSUs

This will provide a more efficient, flexible and dynamic policy for crude procurement, eventually benefiting the consumers.

23 Mar 2015

Slots of 'sacked' independent directors lie vacant at Oil PSUs

Months after the BJP government sacked most of the independent directors at top oil PSUs, the boards of blue chip firms like ONGC and GAIL are functioning with most of those positions still lying vacant.

26 Nov 2014

BP raises petrol prices at select fuel stations

Oil PSU Bharat Petroleum (BP) has raised petrol prices by almost 12 paise a litre at select fuel pumps here designated as platinum outlets.

02 Oct 2014

Swachh Bharat: Oil PSUs to build over 5400 toilets in schools

ONGC will build toilets in 2,500 in 26 districts spread over 13 sates, IOC 1,000 toilets, especially for girls, GAIL 1,021 toilets while refiners Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will together build 900.

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