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Bharat Petroleum Corp Ltd (BPCL)

IOC and BPCL set to ask for extra Saudi oil after sharp price cut

IOC and BPCL set to ask for extra Saudi oil after sharp price cut

Wed, Jan 10, 2024

The world's third-biggest oil importer and consumer, has been gorging on Russian crude, sold at a discount after western nations shunned purchases from Moscow.

BPCL to invest Rs 5,044 crore in polypropylene plant at Kochi refinery

BPCL to invest Rs 5,044 crore in polypropylene plant at Kochi refinery

Wed, Dec 20, 2023

Polypropylene has wide applications in downstream industries such as packaging films, sheet, boxes, containers, bags, home ware, home care, personal care, and articles of day-to-day usage.

Oil stocks on fire even as Citi sees much fuel left in them

Oil stocks on fire even as Citi sees much fuel left in them

Thu, Dec 07, 2023

As per Zee Business research, since 2014, OMC shares have given good returns. Despite a surge in OMC stocks, global brokerage Citi sees more stream in these stocks on the back of improvement in gross refining margin (GRM).

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OMCs share prices jump up to 22% in a month, brokerage bullish on oil stocks amid fuel rates hike

OMCs share prices jump up to 22% in a month, brokerage bullish on oil stocks amid fuel rates hike

Wed, Jun 16, 2021

As the fuel prices in the country are on the continuous surge, the oil marketing companies (OMCs) are on the radar of brokerage firm. Similarly, Brent crude extended gains for a fifth consecutive session on Wednesday, as falling stockpiles and a recovery in demand encouraged investors.

BPCL privatisation: Government considering tweak in FDI policy, check details

BPCL privatisation: Government considering tweak in FDI policy, check details

Fri, May 28, 2021

The government is considering a tweak in the current Foreign Direct Investment (FDI) policy to allow overseas investors to pick up majority stake in the India's second biggest oil refiner Bharat Petroleum Corp Ltd (BPCL), according to a PTI report.

What happened to BPCL share price after strong Q4 results, big dividend announcement

What happened to BPCL share price after strong Q4 results, big dividend announcement

Thu, May 27, 2021

On the back of strong results and dividend news, Bharat Petroleum Corporation Limited (BPCL) hits a new 52-week high to Rs 488 per share on the BSE intraday during the early trade today. The company reported a four-fold jump in the fourth-quarter profit of the financial year 2020-2021.

BPCL Stake Sale News: SENSITIVE INFO! BIG DEVELOPMENT for bidders - All details here

BPCL Stake Sale News: SENSITIVE INFO! BIG DEVELOPMENT for bidders - All details here

Sun, May 23, 2021

'Clean Data Room' containing commercially sensitive information on the firm subject to their signing an additional confidentiality agreement.

Race for BPCL! Vedanta, Apollo Global, I Squared Capital arm Think Gas in race - Who will win? TOP DEVELOPMENTS so far

Race for BPCL! Vedanta, Apollo Global, I Squared Capital arm Think Gas in race - Who will win? TOP DEVELOPMENTS so far

Mon, Dec 14, 2020

BPCL NEWS: Last week, an inter-ministerial meet was held to discuss the BPCL valuation process and setting of the reserve price.

BPCL Privatisation: Mukesh Ambani-led Reliance has ambitions to retail fuel but remains tight-lipped about bid

BPCL Privatisation: Mukesh Ambani-led Reliance has ambitions to retail fuel but remains tight-lipped about bid

Sun, Nov 15, 2020

BPCL is worth Rs 47,430 crore!

Exclusive: Big news on BPCL disinvestment from top government sources

Exclusive: Big news on BPCL disinvestment from top government sources

Tue, Aug 04, 2020

From its top government sources, your favourite business news channel Zee Business has learnt that BPCL disinvestment process will be completed this year only.

BPCL VRS Scheme 2020: VRS to these employees! Salary, compensation, leaves encashment, medical benefits and more - All BPVRS 2020 details here ahead of privatisation

BPCL VRS Scheme 2020: VRS to these employees! Salary, compensation, leaves encashment, medical benefits and more - All BPVRS 2020 details here ahead of privatisation

Sun, Jul 26, 2020

BPCL VRS News: It's a very important news for Bharat Petroleum Corp Ltd (BPCL) employees in the view of the privatisation matter.

Now, LPG customers can book Bharat Petroleum (BPCL) cooking gas cylinder on WhatsApp - Here is how

Now, LPG customers can book Bharat Petroleum (BPCL) cooking gas cylinder on WhatsApp - Here is how

Wed, May 27, 2020

In a big convenience for its 71 million LPG customers, the second-largest national oil marketing company Bharat Petroleum Corp Ltd (BPCL) has announced a new customer-friendly initiative with the launch of cooking gas booking through Whatsapp across the country.

BPCL to skip Iran oil purchases in October: source

BPCL to skip Iran oil purchases in October: source

Tue, Sep 11, 2018

BPCL has changed a crude mix for its 240,000 barrels per day (bpd) Mumbai refinery after shutting down the fire-hit hydrocracker unit last month to optimise its processing and output of refined products, said the source.

Billionaire Gautam Adani led group bags this big project across 21 cities

Billionaire Gautam Adani led group bags this big project across 21 cities

Mon, Aug 13, 2018

According to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Salem in Tamil Nadu and Guna in Madhya Pradesh.

OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million

OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million

Sun, Feb 11, 2018

The contract for the oilfield in Lower Zakum Concession was signed in Abu Dhabi last evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan

Indian consortium eyes stake in Russian Arctic oilfield

Indian consortium eyes stake in Russian Arctic oilfield

Wed, Oct 12, 2016

Oil India Limited (OIL), Indian Oil Corp (IOC) and Bharat PetroResources Ltd (a unit of Bharat Petroleum Corp Ltd or BPCL) is looking at buying a stake in Suzunskoye, Tagulskoye and Lodochnoye fields - collectively known as Vankor Culster, sources privy to the development said.

Petrol price hiked by Rs 58 paise; Diesel price gets cut by Rs 31 paise

Petrol price hiked by Rs 58 paise; Diesel price gets cut by Rs 31 paise

Thu, Sep 15, 2016

“The current level of international product prices of Petrol & Diesel and INR-USD exchange rate warrant increase in selling price of Petrol and decrease in selling prices of Diesel, the impact of which is being passed on to the consumers with this price revision.” said IOC.

OMCs' free-cash flow to remain negative on high capex plans: Fitch

OMCs' free-cash flow to remain negative on high capex plans: Fitch

Tue, Sep 13, 2016

The OMCs aim is to improve refining complexity and meet new fuel standards.

Petrol, diesel prices hiked by Rs 3.38 and Rs 2.67 per litre

Petrol, diesel prices hiked by Rs 3.38 and Rs 2.67 per litre

Wed, Aug 31, 2016

"The current level of international prices warrant an increase in prices of Petrol and Diesel, the impact of which is being passed on to the consumers," said IOC.

BPCL's net profit rises by 11% to Rs 2620.50 crore

BPCL's net profit rises by 11% to Rs 2620.50 crore

Wed, Aug 31, 2016

BPCL reported net profit of Rs 2620.50 crore, a rise of 11% from Rs 2360.66 crore in the corresponding period of the previous year.

Bharat Petroleum Q4 net drops 10.6% to Rs 2,549-crore on low oil prices

Bharat Petroleum Q4 net drops 10.6% to Rs 2,549-crore on low oil prices

Fri, May 27, 2016

State-owned Bharat Petroleum Corp Ltd (BPCL) on Friday reported a 10.6% drop in its March quarter net profit on back of slump in oil prices.

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