New fuel retail policy: Licensees have to set up minimum 100 petrol pumps, 5% of it in remote areas
• 5 years agoIndia's new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least 5 percent of them in remote areas
Govt gives go-ahead to biggest privatisation drive; to sell stake in BPCL, SCI, Concor to help bridge a widening fiscal gap
• 5 years agoIn the biggest privatisation drive-ever, the Union Cabinet on Wednesday approved sale of government's stake in blue-chip oil firm BPCL, shipping firm SCI and onland cargo mover Concor
BPCL stake sale: Indian Oil likely to bid for govt's share in absence of global players
Fp Staff • 5 years agoThe government has 53.3 percent stake in the BPCL which the bidders may buy either on their own or through a consortium.
BPCL privatisation: Saudi Aramco, Rosneft, ExxonMobil among global energy companies likely to bid for govt's stake in state-run oil firm
Fp Staff • 5 years agoPrivatisation of BPCL will not just shake up the fuel retailing sector long dominated by state-owned firms but also help meet at least a third of the government's Rs 1.05 lakh crore disinvestment target.
French energy giant Total to buy 37% stake in Adani Gas; shares jump 18% after announcement of acquisition
Fp Staff • 5 years agoTotal will buy up to 25.2 percent in Adani Gas from public shareholders at Rs 149.63 per share, representing an 8.7% premium to the stock’s last close
Total SA in talks with multiple Indian firms for stake in LNG terminals, city gas projects, says CEO Patrick Pouyanne
• 6 years agoTotal Chairman and CEO Patrick Pouyanne said the French company is "very interested" in investing in downstream sectors in India.
Total SA CEO's plane crash: Driver of snowplow was drunk, say officials
Fp Archives • 10 years agoThe head of French oil giant Total SA was killed at a Moscow airport when his corporate jet collided with a snowplow whose driver was drunk, Russian investigators said.