Saturday, January 22, 2022


Hyderabad’s IICT enters into MoU with BPCL to utilise paddy stubble for producing biogas

In its endeavor to convert waste to wealth, IICT had developed and patented a high rate biomethanation technology based on Anaerobic Gas lift Reactor (AGR) to generate methane rich biogas and nutrient rich biomanure.

New Delhi: Petrol, diesel prices hiked as crude nears $80/barrel

New Delhi: Petrol price on Tuesday was hiked by 20 paise per litre and diesel by 25 paise as international oil prices neared $80...

BPCL evinces interest in setting up Rs 1,000 crore Ethanol plant in Telangana

The Navaratna Public Sector Undertaking has offered to set up the plant with a production capacity of five lakh litres per day with an investment of Rs.1,000 crore.

Rs 1.75 lakh crore disinvestment target on track, says Chief Economic Advisor

The disinvestment plan includes strategic sale of IDBI Bank, BPCL, Shipping Corp, Container Corporation, Neelachal Ispat Nigam Ltd, among others.

BPCL may sell some stake in IGL, Petronet

BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL.

BPCL to digitally transform sales, distribution network with Accenture

Driven by analytics based on AI and machine learning technologies, the IRIS platform will subsequently trigger automated alerts and actions, including rapid response to equipment failures or hazardous situations.

Review oil import contracts with Saudi: India tells refiners

Govt has told IOC, BPCL and HPCL to look for oil supplies from outside the Middle East region and use collective bargaining power to get favourable terms

LIC IPO to bring in Rs 1 lakh crore: Chief Economic Adviser

On the long-term growth story of India, he said the economy is expected to record double digit growth next financial year.

BPCL exits Numaligarh Refinery ahead of privatisation

Engineers India Limited (EIL) which is also a party to the deal, has independently acquired over 3.21 crore equity shares or 4.4 per cent of NRL from BPCL.

PSU oil cos expanded retail operations during pandemic

The private sector on the other hand remained mute on their marketing initiatives adding a mere 376 fuel outlets

Shares of oil marketing cos plunge, BPCL down 5%

Hindustan Petroleum Corporation's (HPCL) shares were trading at Rs 234.60, lower by 3.62 per cent from its previous close.

Consolidation in public sector oil firms may be back on table in FY22

Petroleum had been included in the strategic sector as it ensures energy security for the country.

BPCL, Air India stake sale by Sept; LIC IPO post Oct: DIPAM Secy

Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd

Govt extends bid deadline for Pawan Hans by a month to Feb 18

In 2019, a second attempt was made to sell Pawan Hans but the sale process failed to receive investor response.

Early inclusion of natural gas into GST fold likely

Though the dates for next GST Council meeting is yet to be finalised, finance minister sources said its due and may take place anytime after the budget presentation.

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