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His statement came after a review meeting with the CMDs of the national oil marketing companies - Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation.
The incident came was reported by HPCL officials who noticed a pressure drop in the pipeline, raising suspicion of theft.
India imports 90% of its energy, with half from West Asia, making it particularly vulnerable to price fluctuations and supply ...
The stock of Bharat Petroleum Corporation Ltd tanked 6.11 per cent, Hindustan Petroleum Corporation Ltd tumbled 5.34 per cent and Indian Oil Corporation dropped 3.91 per cent on the BSE.
Shares of crude oil sensitive sectors -- oil marketing companies, aviation, paints, adhesives and tyres -- declined on Friday ...
Shares of sectors sensitive to crude oil, such as aviation and oil marketing companies, declined following a surge in Brent ...
The airstrikes, launched by Israel on Friday, have significantly escalated the ongoing conflict over Tehran's nuclear program, raising the potential for a new war in the Middle East.
On the flip side, the rise in oil prices is beneficial for upstream oil explorers like ONGC and Oil India. Rising oil prices ...
Nifty PSE index ended down 2.10% at 9919.35 today. The index is up 4.00% over last one month. Among the constituents, Hindustan Petroleum Corporation Ltd shed 5.38%, Bharat Petroleum Corporation Ltd ...
Arbitration has traditionally focused on following the law and the terms of a contract. However, a decision of the Supreme Court in Batliboi Environmental Engin ...
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