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Latest Articles in bpcl

It's Becoming Unsustainable To Sell Fuel In India: Private Retailers

Despite a surge in oil prices, state-owned Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum Corporation first froze petrol and diesel rates for a record 137 days beginning early November 2021 when five states including Uttar Pradesh went to the polls, and last month again went into a hiatus that is now 47 days old

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Indian Refiners Seeking 6-month Russian Oil Import Deal

India has already bought more than twice as much crude from Russia in the two months since its invasion of Ukraine on Feb. 24 as it did in the whole of 2021, according to Reuters calculations. Russia calls the attack a "special military operation" to disarm Ukraine

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BPCL, HPCL Bag City Gas Distribution Licenses In Latest Bid Round

Seven companies had put in 21 bids for city gas licences in five areas in states like Uttar Pradesh and West Bengal

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BPCL Teams Up With Microsoft To Leverage Cloud, AI Technologies

"The partnership gives a strong fillip to BPCL's digital-first strategy, as part of 'Project Anubhav' to redefine customer experience through the pillars of trust, personalisation, and convenience," it said

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BPCL Teams Up With Microsoft To Leverage Cloud, AI Technologies

Through a seven-year collaboration, Microsoft will provide infrastructure as a service (IAAS), platform as a service (PAAS), network and security services on the cloud, including Azure native services on Azure Datafactory, IOT (Internet of Things) and analytics

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BPCL To Invest Rs 200 Cr To Set Up 100 Fast EV Charging Corridors With 2000 Stations

The company has recently opened its first EV charging corridor along the Chennai-Trichi-Madurai highway with one charging unit. The second corridor will come up on the Kochi-Salem section of the National Highway 47 within the next two months

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BPCL Seeks Extra Gulf Oil, Fearing Russian Supply Hit

BPCL has booked one million barrels of Urals for loading in March and three million in April

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BPCL, Shipping Corp, BEML Among CPSEs To Be Privatised Next Fiscal

The 2022-23 Budget has projected a disinvestment target of Rs 65,000 crore for next financial year

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BPCL To Invest Rs 10,000 Cr In Six New City Gas Licences

The firm's Strategic Aspirations 2022-27 plan envisages more than tripling footprint in gas in next five years. CGD bidding is part of that plan

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Megha Engineering, Adani Total Gas Emerge As Top Winners In CGD Bidding

The push for city gas expansion is part of the government's plan for raising the share of natural gas in the country's energy basket to 15 per cent by 2030 from the current 6.3 per cent

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What Has Derailed BPCL's Sale?

In the case of BPCL, the government ignored suggestions of following its time-tested policy of putting on block 26 per cent stake along with management control.

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I Squared Capital Drops Out Of BPCL Race

The firm's 12.5 per cent stake in Petronet would require the buyer to not just make an open offer to the minority shareholder of BPCL but also to those of India's biggest liquefied natural gas (LNG) importer.

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Centre Registers Rs 6,665 Cr Dividend From BPCL For FY21

In March, BPCL had sold its entire 61.5 per cent stake in Numaligarh Refinery in Assam to a consortium of Oil India Ltd and Engineers India and the Assam government for Rs 9,876 crore.

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BPCL To Merge BORL With Itself

BPCL operates a 12 million tonne capacity oil refinery at Mumbai and another 15.5 million tonne capacity unit at Kochi in Kerala.

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Air India: Will it Finally Find Its Wings?

The Air India business model, post the disastrous decision in 2011 to amalgamate it with Indian Airlines, was simply unsustainable and this was the Modi government’s only viable option to untangle the mess it had inherited.

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