Oil & gas
Govt relaxes fuel retailing policy, opens market to non-oil firms
24 Oct 2019
The revised policy allows entities with minimum net worth of Rs250 crore to set up petrol pumps, but have to meet certain conditions such as setting up retail outlets in remote areas and facilitating sale of at least one new-generation alternative fuel
Temasek arm bids $3 billion for 30.55% of Keppel Corp
21 Oct 2019
Temasek directly owns 20.45 per cent in Keppel, and if successful, the partial offer will result in Temasek owning an aggregate 51 per cent in the struggling rig-maker
Retail, telecom push RIL's Q2 net to record Rs11,262 crore
21 Oct 2019
The results reflect the shifting focus of RIL to direct-to-consumer businesses, which helped offset energy weakness in September quarter
Total acquires 37.4% in Adani Gas for Rs5,662cr
14 Oct 2019
Total is acquiring 37.4 per cent in Adani Gas Limited, in which Adani holds 74.8 per cent and also 50 per cent stake each in two import and regasification LNG terminals - at Dhamra in east India and potentially Mundra in the west
Govt may sell most of its stake in BPCL: report
07 Oct 2019
With an annual refining capacity of 34 million tonnes and about 25 per cent share of India's fuel market, BPCL is an attractive buy for companies like RIL-BP, Saudi Aramco, Total SA and several others looking to enter the world's fastest-growing fuel retail market
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