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An ordinary BPCL Petrol pump found out throughout the country Street vendor refuelling a motorbike with petrol from a water bottle. India had 60,799 petrol stations as of November 2017. 26,849 of these belonged to Indian Oil (IOCL), 14,675 to Bharat Petroleum (BPCL) and 14,161 to Hindustan Petroleum (HP). [70] The Punjab state of India has ...
Existing petrol engines can be converted at low cost into 100% LPG or dual fuel with LPG for achieving enhanced fuel efficiency and economy with drastically reduced emissions. [ 187 ] [ 186 ] Non-subsidy LPG prices are below the diesel or petrol prices in India in terms of heat content (heat content-wise one kg of LPG is equal to 1.85 liters of ...
Because neighbouring country Malaysia has cheaper pump prices than Singapore, cars registered in Singapore crossing over into Malaysia are legally required to have at least three-quarters of a tank of fuel since 1991 to prevent evading fuel duties, [65] and when filling up in Malaysia, Singaporean-and Thai-registered hybrid and petrol-powered ...
An HP fueling station in Kapsi, Chhattisgarh HP fuel pump in Coimbatore HP petrol bunk at Basaveshwaranagara, Bangalore. HPCL wholly owns two major refineries in India: [11] one in Mumbai (west coast) with a capacity of 9.5 million tonss per year, and one in Visakhapatnam (east coast) with a capacity of 13.7 million tons per year.
On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.
On the 28th of September 2016, the Government of India announced the privatization of Bharat Pumps & Compressors. [1] On 17 April 2018 the Government of India issued an Expression of Interest for a 100% stake in Bharat Pumps & Compressors. [2] On the 14th of Jan 2021, the Government of India announced the liquidation of Bharat Pumps ...
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai.It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas.
In May 2018, IOCL became India's most profitable government corporation for the second consecutive year, with a record profit of ₹21,346 crores in 2017–18. [16] In February 2020, the company signed a deal with the Russian oil company Rosneft to buy 140,000 barrels per day of crude in year 2020. [17]