May 24, 2014

Oil Firms to Pay $11.4 Billion Fuel Subsidy for FY14: Report - NDTV

Oil Firms to Pay $11.4 Billion Fuel Subsidy for FY14: Report
New Delhi: India has ordered oil companies to provide $11.4 billion (Rs 67,003.5 crore at 1 dollar = 58.7750 rupees) subsidy for 2013-14 to help cover losses of state retailers that sell fuels at cheaper rates - a jump of 12 per cent from the previous year, ...
Upstream oil companies like BPCL, HPCL and others to pay $11.4 billion fuel ...Economic Times
Indian upstream cos to pay $11.4 bln fuel subsidy for 2013/14-sourceReuters Africa

Kuwait renews USD 3.7bln-worth crude oil contracts with Indian companies
Kuwait News Agency
KUWAIT, May 6 (KUNA) -- The state-owned Kuwait Petroleum Corporation (KPC) has renewed two crude oil supply contracts with India's Bharat Petroleum Corporation Ltd (BPCL) and Bharat Oman Refineries Ltd (BORL) with a total value of USD 3.7 billion.
Kuwait Renews Crude Oil Contracts with BPCLNDTV
BPCL to invest Rs 1419 cr in MumbaiFree Press Journal
all 15 news articles »

Reliance Industries asks Oil Min to announce new gas price on May 13
Business Today
Mukesh Ambani-led Reliance Industries (RIL) has asked the petroleum ministry to implement the cabinet-approved new natural gas price on May 13, when the election code of conduct will no longer apply. The nine-phased voting in the ongoing Lok Sabha ...
RIL asks government to announce new gas price on 13 MayLivemint
RIL asks government to implement new gas price on May 13Business Standard
Reliance Industries asks Oil Ministry to announce new gas price on May 13Economic Times
India Spend
all 11 news articles »