BP Group chief executive Bernard Looney said his firm in partnership with Reliance will set up 5,500 retail sites for petrol and diesel; also offer mobility solutions like EV charging facility
The consumption of petrol and diesel in the state has fallen sharply to about 1.2 million litres from 5.5 million litres
No immediate hike, marginal increase likely to be implemented only after lockdown is lifted
Worried about the safety of their staffers, more than 58,000 fuel retail outlets across India have decided to decline refills for those customers who are not ready to wear masks
The country's petroleum product consumption fell 17.79 per cent to 16.08 million tonnes in March as diesel, petrol and ATF demand fell
The fuel prices across the country seem to be stable since past one week due to the coronavirus outbreak
The government expects more private players, including foreign players, to invest in retail fuel marketing
With upsides to growth via retail outlets now capped, private oil companies might look to further increase their share of the bulk diesel category, which uses the render process for procurement