Price of oil in international market is not doing quite well which is why another hike in its price was observed in India. The hike in price was about 4.5 per cent which is the second increase in oil price for the month. The price was hiked by Rs 2,797.41 per kilolitre or that is […]
It is definitely not a surprise that a motor company would tie up with a company that could supply them with oil for most of their range of products. The contract was finalized after an extensive trial of genuine oil in different operation conditions. The contract that started April 1 will make Hindustan Petroleum Corporation […]
As soon as the results of the five states legislative elections came out, the state owned oil companies are stressing the government to increase the price of petrol by Rs. 5 per litre. “We are losing Rs 5.10 per litre on petrol currently,” a senior oil company official said. “With counting for Assembly elections in […]
State owned Hindustan Petroleum Corporation Limited decided to import oil in double from Saudi Arabia from the next financial year and will minimize 14% import of oil from Iran. HPCL in 2012-13 has decided to import 3.5 million tons of crude oil from Saudi Aramco of Saudi Arabia against 1.75 million tons of oil bought […]
