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Latest Articles in bpcl

BPCL To Set Up Super Absorbent Polymer Plant At Kochi With Own Technology

Apart from petrol, diesel, kerosene and aviation fuel, the refinery also manufactures specialty products such as benzene, toluene, food grade hexane, propylene, special boiling point spirit, mineral turpentine oil, sulphur, petcoke and hydrogen.

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BPCL Says No Intention To Sell Stake In Petronet, IGL

BPCL will give the buyer ownership of around 15.33 per cent of India's oil refining capacity and 22 per cent of the fuel marketing share.

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BPCL Declares Record Rs 12,581 Cr Dividend Ahead Of Privatisation

The firm earned USD 4.06 on turning every barrel of crude oil into fuel in FY21 as compared to a gross refining margin of USD 2.50 per barrel a year back.

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BPCL May Sell Some Stake In IGL, Petronet To Shed Promoter Status

BPCL holds 12.5 per cent of shareholding in India's largest liquefied natural gas importer, Petronet, and a 22.5 per cent stake in city gas retailer, IGL. It is a promoter of both the listed companies and holds board positions.

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Govt Targets To Conclude Ongoing CPSE Privatisation This Fiscal

The process of privatisation of Air India, BPCL, Pawan Hans, BEML, Shipping Corp and NINL has already moved to the second stage after the government received multiple expressions of interest (EoI) for these CPSEs.

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BPCL Supplies Oxygen, Utilities To Make-Shift COVID Centre At Kochi Refinery Premises

BPCL has been at the forefront in supporting the healthcare system, by upgrading its facilities at Mumbai and Bina Refineries for supply of 600 tonnes free gaseous oxygen per month to government hospitals and medical centres, besides supplying 100 tonnes liquid oxygen from Kochi Refinery every month.

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Govt Names New Chairman Of Privatisation-Bound BPCL

The newly revamped Public Enterprise Selection Board (PESB) on Monday interviewed prospective candidates and selected Arun Kumar Singh for the position.

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India's Fuel Sales Drop In April On Covid Wave

Sales of petrol -- used in cars and motorcycles -- fell to 2.14 million tonnes in April, the lowest since August, according to the preliminary data of state-owned fuel retailers.

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Jet Fuel Price Up 6.7 %; Petrol, Diesel Price Hike Coming Soon

Petrol and diesel prices remained unchanged for the 16th day on Saturday but oil company officials indicated an increase in rates in near term.

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Force Majeure At OVL, BPCL's Mozambique LNG Project

BPRL Ventures Mozambique BV, an overseas subsidiary of Bharat PetroResources Ltd (BPRL) that is a wholly-owned subsidiary of BPCL, holds 10 per cent participating interest (PI) in the Area 1 concession.

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Air Products' Kochi Industrial Gas Complex Supplying Syngas To BPCL

Air Products already operates a world-scale industrial gas complex which was commissioned in 2017, and inaugurated in 2018

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BPCL Ships First Consignment Of Acrylic Acid From Kochi Petchem Plant

Built at the cost of Rs 6,000 crore, the complex has an Acrylic Acid Unit, Acrylates Unit & Oxo-Alcohol Unit of world-scale size and capacity.

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A Refined Behemoth

The central government on 20th November 2019 had accorded in-principle approval for strategic disinvestment of the government’s shareholding in BPCL excluding BPCL’s shareholding in Numaligarh Refinery (NRL).

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India Asks State Refiners To Review Oil Import Contracts With Saudi

India imports 85 per cent of its oil needs and is often vulnerable to global supply and price shocks. When oil prices started to rise in February, it wanted Saudi Arabia to relax output controls but the Kindgom ignored its calls.

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BPCL Sells 54.16% Stake In NRL To OIL; 4.4% To EIL

BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina.

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