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Panel initiates probe into GAIL pipeline fire

The Centre-appointed committee on Saturday launched its probe into the Gas Authority of India Limited pipeline fire tragedy in East Godavari district of Andhra Pradesh that has claimed 16 lives.......

Several killed after major blast at GAIL pipeline in Andhra Pradesh

Fifteen people were killed and 18 injured when a massive blaze raged through a village in Andhra Pradesh's East Godavari district following a blast in an apparently leaking gas pipeline on Friday......

GAIL Chairman, HPCL head in race for CEO of the Year Award

State gas utility GAIL India Ltd Chairman Bhuwan Chandra Tripathi and Hindustan Petroleum Corporation Ltd head Nishi Vasudeva are among a dozen chief executives of global energy majors shortlisted......

HPCL to export gasoline due to maintenance

Hindustan Petroleum Corp Ltd (HPCL) has offered gasoline for export in a rare move as it will shut gasoline production facilities at its Vizag refinery for about a month starting April, a company......

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......

IOC says petrol price hike was unavoidable

A day after raising petrol price by a steep Rs 1.80 a litre, Indian Oil Corp, the nation's largest fuel retailer, on Friday said the hike was unavoidable as rupee depreciation has increased crude......

HPCL in talks with BP, Total to revive Vizag plan

State-owned Hindustan Petroleum Corp Ltd is in talks with BP and Total of France to revive the stalled $10 billion refinery-cum- petrochemicals project at Vizag in Andhra Pradesh."Total has renewed......
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Rupee closes 21 paise weaker against US dollar at 63.85

5:00pm: The Indian rupee closes at 63.85, down 0.33% from previous close of 63.64. 3:30pm: The BSE Sensex pared intra-day losses to close... ...

http://www.livemint.com/Money/HMxeXr502299GD0BCcytML/Live-Sensex-tanks-500-points-as-Greece-crisis-deepens.html
BUZZ-Indian oil retailers top gainers on BSE; crude oil prices fall

** Bharat Petroleum Corp gains 1.6 pct, while Indian Oil Corp and Hindustan Petroleum Corp up 0.7 pct each ** Oil prices fall after Greek... ...

http://in.reuters.com/article/2015/06/29/idINL4N0ZF1WL20150629?type=marketsNews
Loan bankers idle as Modi struggles to fulfil promises

One year in and Narendra Modi is grappling with stalled projects and souring bank loans, while a bill to ease land ownership rules is stuck in the... ...

http://www.livemint.com/Politics/tnZgvZVIxuLbeqDjAPzpdI/Loan-bankers-idle-as-Modi-struggles-to-fulfil-promises.html
India's first cavern for emergency oil reserves comes up in Vizag

Visakhapatnam, June 25 India's first underground rock cavern on the eastern coast for storage of crude oil to hold country's emergency reserves... ...

http://www.prokerala.com/news/articles/a562776.html
Saudi Arabia loses spot as top crude supplier to India, China

* Africa supplied 26 pct of May India imports vs April's 15.5 pct * Middle East oil share fell to 54 pct from 61 percent * Indian refiners... ...

http://in.reuters.com/article/2015/06/24/india-oil-imports-idINL3N0Z83ZB20150624

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