Oil companies under CCI scanner for price-fixing

State run oil firms are urging the Oil Ministry to grant them the freedom to invest heavily in their retail networks, the Economic Times reports. Indian Oil Corporation, Bharat Petroleum Corp and Hindustan Petroleum have set up 10,236 retail outlets ...

Following the news, shares of OMCs like Hindustan Petroleum Corp , Bharat Petroleum Corp and Indian Oil Corp went down 4-6 percent. Earlier Aakansha Sethi of CNBC-TV18 reported that Petroleum minister Veerappa Moily has agreed to price petroleum ...

SINGAPORE (Reuters) - Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL) are looking to buy up to 41,000 tonnes of gasoline, after a long absence, to plug a supply gap caused by a plant outage and maintenance that coincides with summer ...

Essar Oil Ltd, India's second largest private refiner, was set to sign on Tuesday a $1 billion loan deal with China that sources said would be backed by a supply of refined products to PetroChina.Essar Oil was set to finalize a preliminary agreement ...

05/20/2013 State-owned Indian Oil Corp. Ltd. (IOC) has developed and commercialized a technology for coprocessing nonedible vegetable oil in a refinery diesel hydrotreating unit to make biodiesel. During development of the method it also created a ...

Anuradha Verma; Joseph Rai Loading, please wait... Sign up for our Email Newsletter For Email Marketing you can trust Latest Energy News - Oil & Gas May 10, 2013 In Seattle, the coalition and regional council used transportation models in mapping ...

Indian Oil Corp has announced the following polymer price revision with effect from May 16, 2013: HDPE: Roll over LLDPE Hi flow: (+) Rs 3000/MT Other grades of LLDPE: (+) Rs 1000/MT PP : (+) Rs

Traders say MRPL, a subsidiary of top Indian oil and gas producer Oil & Natural Gas Corp, has placed an inquiry to buy a 650,000-barrel Oman oil parcel a month in the current

MAKOTI, N.D. — The Three Affiliated Tribes have broken ground for a $450 million oil refinery on the Fort Berthold Indian Reservation in northwestern North Dakota The Thunder Butte Petroleum Services Refinery will be constructed in four phases ...