Daily Archives: August 7, 2020

Total’s Indian joint-venture to seek fuel retailing license

NEW DELHI – A joint-venture by India’s Adani Gas and France’s Total (TOTF.PA) will soon seek government permission to open retail fuel stations in India, Adani’s chief executive said on Wednesday. India has become a lucrative market for global oil majors after the government removed controls on the retail pricing of gasoline and gasoil and…

Bharat Petroleum Will Be Sold To Private Firms This Year; Govt Sources Confirm

As per reports from Zee Business, the government is committed to the divestment process of Bharat Petroleum Corporation Limited (BPCL) and it will be completed by the end of 2020, said top government sources. The government is planning a strategic disinvestment of its entire shareholding in BPCL, one of India’s largest oil refinery. This comprises…