Inauguration of Motihari-Amlekhganj (Nepal) pipeline by PM and PM Oli of Nepal

Prime Minister of India Mr Narendra Modi and Prime Minister of Nepal Mr K P Sharma Oli jointly inaugurated South Asia’s first cross-border petroleum products pipeline from Motihari in India t...

HPCL to invest Rs 74,000 cr in five years

Hindustan Petroleum Corporation (HPCL) intend to invest an amount of around Rs 74,000 crore (US$ 10.28 billion) in the next five years to expand its capacity.

Odisha clears Rs 2.04-trillion investments; focus on sectors other than mining

The High Level-Clearance Authority (HLCA), the apex body to approve investments in Odisha, has given its go-ahead to five new projects. Four of the five proposed investments were in non-mineral-bas...

GAIL to invest Rs 45,000 crore in expansion of pipelines, city gas network

Gail India Ltd plans to invest over Rs 45,000 crore (US$ 6.25 billion) over the next five years to develop the National Gas Grid and city gas distribution network.

RIL unveils blockbuster US$15 billion deal with Saudi Aramco

Reliance Industries Ltd (RIL) announced a 20 per cent stake sale to Saudi Aramco in a deal valued at US$ 15 billion.

Reliance-BP ink new fuel retail JV; to set up 5,500 petrol pump outlets in 5 years

Reliance Industries Ltd and BP Plc to open a nationwide network of fuel retailing outlets. Together, the companies plan to set up 5,500 fuel retail stations across the country.

Non-subsidised LPG gas price cut by Rs 62.50 per cylinder from today

Non- subsidised LPG price was cut by Rs 62.50 (US$ 0.88) per cylinder and will come in effect immediately.

IOC, Adani to invest Rs 9,600 crore in city gas projects

Indian Oil Corp and Adani Gas Ltd plans to invest about Rs 9,600 crore (US$ 1.37 billion) in rolling out infrastructure for retailing CNG to automobiles and piped natural gas to household kitchens ...