HPCL plans Rs 700-cr cavern storage for LPG

State-run oil marketing firm Hindustan Petroleum Corp Ltd (HPCL) is planning to invest Rs 600-700 crore (Rs 6-7 billion) to set up its second underground liquefied petroleum gas (LPG) storage......

OVL group shortlisted in ConocoPhillips sale

A consortium of government oil companies led by ONGC Videsh Ltd (OVL), the foreign arm of Oil and Natural Gas Corp Ltd, is among the three groups shortlisted by US energy giant ConocoPhillips for a......

LPG consumers need not panic: IOC, BPCL

With the festive season round the corner, oil marketing companies IndianOil Corp Ltd (IOC) and Bharat Petroleum Corp Ltd (BPCL) today assured consumers there was no shortage of cooking gas, and the......

RIL, ONGC among six in race for Bengal govt's HPL stake

Despite mounting losses and a protracted legal fight at Haldia Petrochemicals Ltd, six major companies, including Reliance Industries Ltd and state-run Oil and Natural Gas Corporation Ltd, have......