Hindustan Petroleum Corporation Ltd Archives

Aggressive outlet growth by PSU oil firms reshapes fuel retailing amid pricing controls and private sector constraints

India’s petrol pump count crosses 1 lakh, doubles in a decade

Team PGurus - December 25, 2025 0

India becomes the world’s third-largest petrol pump market India's petrol pump network has crossed the 1,00,000-mark, doubling since 2015 as state-owned fuel retailers aggressively expanded...

The rupee's depreciation against the US dollar further hit profits as oil prices and a large portion of refiners' borrowings are in dollars

Energy

Amid global economic slowdown, marketing losses of India’s oil PSUs to...

PGurus Newsdesk - January 18, 2023 1

Moody's: The marketing losses for IOCL, BPCL, and HPCL will go down With the international prices of petrol and diesel cooling due to economic slowdown...

Talk is of the government now wanting to take a fresh look at BPCL privatization, including revising the terms of sale

Commerce

BPCL privatization stalled as bidders walkout. Now Vedanta Group is the...

Team PGurus - May 19, 2022 0

With just one bidder left; government scraps BPCL privatization for now Privatization of BPCL, which was dubbed India's biggest ever, has been stalled with just...