Oman Oil Company has offered to buy a 26 per cent stake in the upcoming refinery at Bina for $250 million (Rs 1,200 crore), reversing an earlier decision not to increase its stake beyond the 2 per......
Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India......
Despite the withdrawal by joint venture partner Oman Oil Company, work on the proposed Rs 6354 crore (Rs 63.54 billion) Bina oil refinery in Madhya Pradesh will start later this month with Indian......
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a......
State exploration firm Oil and Natural Gas Corp on Thursday said it will take 26 per cent equity in Bharat Petroleum Corp Ltd's upcoming 6 million tonnes refinery at Bina in Madhya Pradesh."We have......