Fetching News Details

BPCL to sell Numaligarh Refinery stake for Rs 9,876 cr

March 3, 2021

Source: Energyworld

BPCL to sell Numaligarh Refinery stake for Rs 9,876 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India Ltd for Rs 9,876 crore. A consortium of Oil India Ltd, Engineers India Ltd, and the Government of Assam expressed interest in buying the stake and the BPCL board on Monday approved the sale.

Read More About :

⬅ all news

Related News

Indian giant starts hunt for 18 specialised vessels as it steps up offshore activity

Indian giant starts hunt for 18 specialised vessels as it...

Saudi Aramco looks to China and India to prop up oil markets

Saudi Aramco looks to China and India to prop up oil markets

India Set to Surpass China in Need for Oil

India Set to Surpass China in Need for Oil

Saudi Aramco inks $12.2 bln China oil refinery, petchem complex deal

Saudi Aramco inks $12.2 bln China oil refinery, petchem c...

India’s ONGC gears up for ‘record’ 103-well drilling campaign

India’s ONGC gears up for ‘record’ 103-well drilling campaign

India's fuel demand continues to fall in August as monsoon sets

India's fuel demand continues to fall in August as monsoon sets

India's Reliance Industries profit surges, powered by oil business

India's Reliance Industries profit surges, powered by oil...

India to set up 3,500 CNG stations in two years: Oil minister Hardeep Puri

India to set up 3,500 CNG stations in two years: Oil mini...

Your Bookmarks

Top News View All

Cougar Mechanical Thruster saves C$130k for drilling major

July 4, 2019

A major drilling operator has reportedly saved C$130k and avoided multiple trips per sect...

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

June 20, 2019

EPC giant, TechnipFMC has landed subsea contracts for Anadarko’s Mozambique LNG Project. ...

Indian state requests removal of VAT waiver

July 5, 2018

The CM of Tripura, an Indian state, has requested the Petroleum Ministry to do away with ...

China to invest $250 million in Venezuela

July 5, 2018

The Venezuelan Finance Ministry yesterday said that the China Development Bank will finan...

Eni begins production from Sankofa field

July 5, 2018

Italian oil major, Eni commenced gas production from the Sankofa field in the Offshore Ca...

Trump’s tweet help pushing oil price down

July 5, 2018

Oil prices fell yesterday as US President Donald Trump asked OPEC to “REDUCE PRICING NOW”...

Energy Dais

Please Login to Save News for Later