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ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
Crude@$100+: The Rs 3 lakh crore power boom you might be missingThe US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh c...
Oil PSUs suffer ₹30,000 cr under-recoveries a monthIndian oil companies face significant monthly losses on petrol, diesel, and LPG. This is due to selling fuels below international rates, wh...
India's oil companies bleed Rs 30,000 cr as fuel prices held steady despite global energy shockIndia's state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global ene...
No government financial support planned for fuel retailers' petrol, diesel, ATF lossesThe Indian government has declared its stance not to offer financial assistance to its state-run fuel companies, which are currently in the...
Fuel price freeze: Rs 18/litre loss on petrol, Rs 35 on dieselState-owned fuel retailers IOC, BPCL and HPCL face widening losses of Rs 18 per litre on petrol and Rs 35 on diesel as prices remain frozen...
BPCL shares rise nearly 2% today; here’s whyBPCL shares increased by 1.6% after the company announced partnerships with BluJ Aerospace and KPIT Technologies for hydrogen-based project...
BPCL, Mumbai Port Authority sign pact to establish sustainable energy ecosystemBPCL, Mumbai Port Authority, and Mumbai Port Sustainability Foundation have partnered to create a green fuel ecosystem at Mumbai Port. This...
BPCL may invest Rs 1,400 crore in green aviation fuel unitsState-run Bharat Petroleum Corp (BPCL) is speculated to set up sustainable aviation fuel (SAF) units at its three refineries. This plan wil...
Bharat Petroleum to lay 35-km ATF pipeline from Piyala to Noida International AirportThe dedicated ATF pipeline will span over 34 km, and will further extend by 1.2 km within the airport premises, Noida International Airport...
CIAL announces agreement with BPCL to set up first green hydrogen plant at Cochin airportGreen hydrogen, produced from water using renewable energy sources, is recognized as a future fuel and aligns with zero-carbon energy strat...
BPCL privatisation: Pradhan says no role of govt in business; competition to benefit consumers"The role of the government should be to create policy framework guarantees "affordability, accessibility, sustainability and security" of ...
Reliance vs PSUs: Battle for ATF pipelines in Mumbai hots upBPCL and HPCL built and operate two separate pipelines from their Mahul refineries in Mumbai to supply jet fuel (ATF) to airlines at the Ch...
PSU oil firms to government: Follow Delhi, Mumbai ATF model for privatisation of six airportsPSU oil firms have asked the govt to follow Delhi and Mumbai airport model for jointly operating the facilities as 6 airports are soon to b...
- ATF price hiked by over 2.7 per cent
Jet fuel prices were hiked today by over 2.7 per cent, the second increase in rates in one month.
- Essar oil renews sales agreement with BPCL
The renewed four year agreement, running upto 2016 is for supply of diesel, petrol, kerosene and ATF (aviation turbine fuel) to BPCL from i...
- Airline discounts to end as IOC, HPCL tighten belt
State oil companies have been told to stop unnecessary discounts and wasteful expenditures as soon as possible.
- RIL moves CCI against public cos’ ATF ‘cartel’
Reliance Industries (RIL) has approached the Competition Commission of India (CCI) alleging that state-run oil companies have formed a cart...
- Jet, Kingfisher, NACIL owe oil firms over 2,241 crore
Jet Airways, Kingfisher Airlines and state-owned NACIL owe public sector oil companies over Rs 2,241 crore as payment for jet fuel, Ministe...