ONGC had announced on Wednesday that BP had bagged the contract to operate and enhance production from the former's flagship ...

Oil surpassed $80 a barrel as traders digested a report that Indian oil processors are bracing for new US sanctions that ...

State-owned oil companies, including Indian Oil Corporation Ltd. (IOC), Bharat Petroleum Corporation Ltd. (BPCL), and ...

Government to provide ₹35,000 crore subsidy to Indian Oil, BPCL, and HPCL for fuel losses, distributed over two years.

In a bid to offset losses incurred by state-owned oil companies, the government is set to provide a subsidy of Rs 35,000 ...

The government is expected to grant a Rs 35,000 crore subsidy to state-owned fuel retailers Indian Oil Corporation Ltd (IOC), ...

India's Hindustan Petroleum Corporation Limited (HPCL) has received its first LNG cargo at its newly commissioned import ...

The total under-recovery on LPG sales for the industry in the current fiscal is estimated at about Rs 40,500 crore.

The industry remains hopeful for any comments by the finance minister on the long-standing demand on the GST front, and is ...

BP has said that it will raise oil output to 477.5 million barrels, while gas production will increase to 47.22 Bcm ...

Oil and Gas stocks were trading in red, with the BSE Oil & Gas index decreasing 577.09 points or 2.16% at 26195.56 at 13:42 IST.

Shares of Indian Oil Corporation Ltd. traded at Rs 132.95 on BSE at 12:22PM (IST) on Thursday, 1.26 per cent from previous ...