BPCL readies for energy transition with 6 strategic focus areas
The state-owned oil company plans to achieve net zero carbon emissions by 2040 and to invest ₹1.4 lakh crore in the next five years
oil gas industry
August 2022
July 2022
June 2022
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March 2022
HPCL, BPCL, IOC shares fall up to 6%; here's why
HPCL, BPCL, IOC reported a combined loss of ₹18,480 crore in the June quarter due to a decline in the margin on petrol, diesel, and domestic LPG in the backdrop of rise in international crude prices
Govt cuts windfall taxes on fuel exports; here’s how RIL, ONGC, other oil stocks reacted
Shares of Reliance Industries, ONGC, GAIL India, Gujarat Gas, IOC, IGL, and BPCL gained up to 6% in opening trade after the government eased the windfall tax on fuel shipments.
Reliance, ONGC, Oil India extend fall on windfall tax; slump up to 20% in 2 sessions
Shares of Oil India have plunged 20% in two sessions, while ONGC and RIL tumbled 18% and 8.7%, respectively, during this period.
RIL, ONGC, GAIL, IOC skid up to 15% as govt hikes export tax on petrol, diesel
Reliance Industries nosedived 8.65% to touch an intraday low of ₹2,369.45 on the BSE, registering its biggest single-day decline in the last 18 months
MRPL, CPCL, Oil India, ONGC, Adani Total fall up to 19%; here’s why
Shares of oil companies were under stress as international crude prices fell about 5% to hit a three-week low on Friday.
This multibagger PSU stock rallied 230% in calendar year 2022
This oil stock surged as much as 230% this year, with share price hitting an over four-year high of ₹343.60 in intraday trade on Friday.
Hindustan Oil shares plunge 16%; here’s why
Shares of Hindustan Oil declined as much as 16.46% to hit an intraday low of ₹183.75 after the company updated on the B-80 project.
Why are oil stocks ONGC, GAIL, HPCL, RIL under stress today?
Shares of state-owned oil and gas companies dropped up to 4% this morning following the continued slide in international crude prices.
EKI Energy, European oil & gas cos plan free stoves to reduce emissions
The company is in advanced discussions with some of the European oil and gas majors for partnering.
