Page 2 - Bharat Petroleum Corporation Ltd News

PSU refiner BPCL expects further cuts in oil OSPs as fuel margins drop

Indian refiners have also raised imports of Russian crude sold at discounts after Western nations imposed a raft of sanctions against Moscow for its invasion of Ukraine

BPCL Q1 results: Consolidated net profit falls 73% to Rs 2,842 crore

Gross refining margins fell to $7.86 per barrel even as market sales rose

BPCL Q1 results: Net profit declines 71% to Rs 3,015 cr on higher costs

The state-owned firm's standalone net profit fell 71% to 30.15 billion rupees (around $360 million) for the three months ended June 30

IGL, MGL, Guj Gas likely to outperform OMCs; Charts show up to 17% upside

Oil & Gas stocks outlook: Indraprastha Gas and Mahanagar Gas are awaiting a breakout from a narrow trading band, show technical charts.

RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week

At 11:50 am; with Rs 1.33 trillion market cap, RVNL was trading 4.5% higher at Rs 638.25 on the BSE, while, BPCL and PNB's market cap stood at nearly Rs 1.32 trillion, data shows.

BPCL ready to invest Rs 1 trn in Andhra Pradesh: Industries minister Bharat

Andhra Pradesh Industries Minister TG Bharat on Wednesday said Bharat Petroleum Corporation Ltd (BPCL) is ready to invest Rs 1 lakh crore in the state, which could include the setting up of an oil refinery. The Industries Minister accompanied a BPCL delegation led by its chairman and managing director G Krishna Kumar to meet Chief Minister N Chandrababu Naidu at the Secretariat in Amaravati on Wednesday. According to Bharat, BPCL officials told Naidu that the company is ready to invest massively in the state and discussed primarily about setting up an oil refinery. "BPCL is ready to invest Rs 1 lakh crore in the state. Initially, it will invest between Rs 50,000 crore and Rs 75,000 crore," said Bharat in an official press release. Later, the oil marketing major is keen to raise its investments to Rs 1 lakh crore, he said, adding that BPCL is looking at three places to zero in on the probable location to set up the oil refinery. After 90 days, the minister noted that BPCL delegatio

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal

Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies

BPCL to shut 6 MTPA crude unit at Kochi refinery for one-month maintenance

BPCL also plans to expand the Bina refinery's capacity from the current 7.8 MTPA to 11 MTPA by mid-2027

Bankers back BPCL Rs 32k cr loan, cautious on Vodafone Idea's Rs 23k loan

Bankers sentiments differ on loans sought by state-backed oil giant BPCL and telecom major Vodafone Idea, which cumulatively amount to Rs 55,000 crore