Fuel Station News

Industry

India aims for half of state-run fuel stations to be solar-powered in five years

India aims for 50% of fuel stations owned by public sector oil companies to be operated by solar power within five years under the government's green energy drive, its oil minister said

1 min read8 Sep 2020
Industry

Govt to relax rules for entry into fuel retail sector: Report

The govt panel has recommended allowing marketing rights for sale of gasoil, gasoline and aviation fuel to firms with a net worth of ₹250 croreThe cabinet is expected to approve the proposal in four to six weeks, the report says

2 min read7 Aug 2019
Industry

Essar Oil picks Trafigura, BP for $1 billion oil-backed loan

Essar Oil has long relied entirely on funding from Indian banks while the new shareholders want to reduce exchange costs by adding alternative financing sources and directly use dollars to buy its oil instead

1 min read20 Mar 2018
Politics

Oil marketing firms working to boost digital payments: Dharmendra Pradhan

Oil minister says a three-pronged strategy has been adoptedrapid expansion of digital payment infrastructure, spreading awareness, and incentivizing consumers

1 min read21 Apr 2017
Industry

State-owned oil firms to bear cost of 0.75% discount on petrol, diesel sales

The 0.75% discount on petrol, diesel may result in up to Rs700 crore hit for Indian Oil, Bharat Petroleum and Hindustan Petroleum

1 min read13 Dec 2016
Industry

BP to sell petrol and diesel in India

BP will set up 3,500 fuel stations in India

2 min read6 Oct 2016
News

Download Central: 2kRPM

An app that is a treasure trove of information for car enthusiasts

1 min read5 Jul 2016
Companies

Rosneft, Essar Oil stake sale deal may include exploration and production assets

In addition to some of the oil and gas assets being included in the deal, Essar oil will also rebrand its fuel stations to include Rosneft

3 min read25 May 2016
Companies

PSU oil firms to spend Rs2,500 crore to open 3,100 fuel stations

According to officials at oil marketing firms, full impact of diesel price deregulation introduced in October 2014 will be seen this fiscal year

3 min read20 Apr 2016
Companies

RIL, Essar Oil capture 3% of fuel retail market

The growth in share of private oil companies is courtesy the deregulation in diesel prices

4 min read20 Nov 2015
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