Page 2 - Oil Psus

Plans to privatise BPCL suicidal for nation, says PSU officers' union

The officers union was not opposed to private competition but they should not be handed on a platter assets set up over years.

Fuel payment issues with oil PSUs will be resolved soon: Air India

The airline also "assured" its customers of smooth operations, saying it has taken all the measures in the eventuality of the two sides failing to reach an understanding on the issue

IOC, BPCL, OIL may be at risk as govt seeks more shareholder returns: Fitch

Struggling to meet budget targets, the government had in the just concluded fiscal (2018-19) asked cash-rich PSUs to pay second interim dividend as well as undertake share buyback

Oil PSU capex hits 4-year low in FY20 with ONGC, IOC planning investments

The decline in spending comes at a time when the government is emphasising on raising domestic output to cut costly oil imports

Oil PSUs planning to open nearly 4,500 petrol pumps across Gujarat

The Indian Oil will set up 128 retail outlets, with Bharat Petroleum 50 and Hindustan Petroleum 49 in Vadodara district of Gujarat

Oil PSUs should share feasibility report to potential dealers: TNDA

On Sunday, the three companies -- Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation -- announced their plans to add 5,125 new dealers in the state

Oil PSUs mulling to acquire stake in oil field in UAE

We have exploration assets in four countries: Oil India Limited CMD Bora

Consolidation in petroleum sector: Why bigger is better for oil companies

Bigger oil PSUs will be in a better position to safeguard their interests against green energy

Oil PSUs to give preference to domestic companies in procurement

Policy will be applicable for 5 years

Proposed merger of oil PSUs: Easier said than done

A holding company model will be much easier and low in risk to implement. The proposal is yet to reach the petroleum ministry

Oil PSUs to pay royalty on gross price to producing states

For crude oil and not the net rate they actually realise

Body of oil PSUs buys 24% stake in Russian oilfield

Acquisition is subject to relevant board, government and regulatory approvals and is expected to close by September

Oil PSUs gain on hike in petrol, diesel prices

Petrol price was hiked by Rs 2.19 a litre and diesel prices was increased by 98 paise per litre.