Tag: Oil marketing companies
ECONOMY BPCL Builds Future Growth Around Petrochemicals, Green Energy

India’s Maharatna company Bharat Petroleum Corporation Ltd. (BPCL) remains focused on strengthening its long-term growth strategy by expanding its portfolio across petrochemicals, gas, renewable energy, digital businesses and customer-centric energy solutions. “The first quarter of FY27 was financially challenging. However, it also demonstrated our resilience, operational agility, ability to navigate uncertainty and collective strength to […]

CW Bureau · Aug 4, 2026
ECONOMY India Keeps LPG Prices Low Despite 46% Increase In Global Gas Costs

Indian households continue to receive cooking gas at prices significantly below international market levels, with the government and public sector oil marketing companies absorbing a substantial portion of the cost increase triggered by global energy market disruptions. The Saudi Contract Price (CP) benchmark for LPG, which influences India’s import costs, has risen about 46 per […]

CW Bureau · Jun 7, 2026
ECONOMY Petroleum Ministry Extends Bulk LPG Allocation To Key Industrial Sectors

Ministry of Petroleum and Natural Gas (MoPNG) has issued an order to ensure continued and stable availability of Liquefied Petroleum Gas (LPG) for industrial consumption amid evolving global supply conditions. Calibrated allocation framework In a communication to Secretaries of the Government of India and Chief Secretaries of States and Union Territories, Neeraj Mittal said industrial […]

CW Bureau · Apr 10, 2026
STARTUP/TECHNOLOGY Pine Labs To Modernise Digital Payments Platform Of Indian OMCs

Global fintech platform Pine Labs has announced that it has won multiple landmark contracts from three of the leading oil and marketing companies (OMCs) in India, namely Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd(HPCL), and Indian Oil Corporation Ltd (IOCL). Under the contracts executed with respective OMCs, Pine Labs will be entrusted with […]

CW Bureau · Feb 23, 2026