bpcl - Latest News, Analysis, Opinion

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

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.

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

Economy Policy Aviation

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

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.

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

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.

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).

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.

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.

Progress On BPCL Privatisation Multiple Steps Remains: Fitch

Companies & Markets Sector Reports

The government is selling its entire 53.98 per cent stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL). Three firms, including Vedanta Ltd, have evinced interest in buying the stake.

BPCL Stocks Soar Over 6 % After Board Approves Stake Sale In Numaligarh Refinery

A consortium of Oil India Ltd, Engineers India Ltd, and the government of Assam expressed interest in buying the stake and the BPCL board on Monday approved the sale.

SBI Card, BPCL Jointly Launch Credit Card Offering Benefits To High Fuel Spending Customers

Banking & Finance Banking

Card holders can avail the benefit from over 17,000 BPCL fuel stations across the country, and there will be no minimum transaction threshold for fuel spends, enabling customers to save with every transaction

LPG Subsidy For BPCL Consumers To Continue Post-Privatisation: Pradhan

BPCL operates four refineries in Mumbai (Maharashtra), Kochi (Kerala), Bina (Madhya Pradesh), and Numaligarh (Assam) with a combined capacity of 38.3 million tonnes per annum, which is 15.3 per cent of India's total refining capacity of 249.8 million tonnes.

Vedanta Says Interested In Buying Government's Stake In BPCL