GRMs of BPCL, Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Reliance Industries Ltd fell sharply in April-June due to weak industry conditions and inventory losses.
As part of their retail network expansion plan, India's three state-run oil-marketing companies would open 5,125 petrol bunks in Tamil Nadu over the next two years.
In a bid to promote manufacturing in India, the cabinet on Wednesday approved the domestic purchase preference policy for state-run…
Petroleum Minister Dharmendra Pradhan has clarified that Budget 2017-18's bare announcement of the government intent to merge state-run oil companies…
