Omcs Bpcl

BPCL sets up first-of-its-kind biofuel blend bunker at Mumbai port

Public sector oil marketing firm BPCL on Friday said it has set up a biofuel blend High Flash High-Speed Diesel (HFHSD) bunker at Mumbai Port. The facility, the first-of-its-kind by an OMC in the country, provides shipping companies with a cleaner, biodegradable alternative to traditional fuels, Bharat Petroleum Corporation Ltd (BPCL) said in a statement. This initiative not only supports environmental sustainability but also strengthens BPCL's position as a leader in the Indian bunkering market, it added. It also aligns with the global mandate to decarbonise the shipping sector apart from one of many green initiatives by the company, BPCL said. "Our Project Aspire, with its focus on green energy, is driving our efforts towards a cleaner future. This biofuel blend bunker is a significant step in that direction and positions BPCL as a global bunkering leader," said Sukhmal Jain, Director (Marketing) at BPCL. The company's foray into biofuel blends is part of a broader strategy to .

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What's moving the Sensex on Tuesday? NTPC, Power Grid, TCS, ICICI Bank

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Drop in crude oil prices and a bumper profit in Q2 has fuelled the rally so far in oil marketing companies.

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Barring OMCs, Paint & Tyre stocks may see adverse impact if Brent tops $88

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Stocks like Bharat Petroleum Corporation and Hindustan Petroleum Corporation linger in bear territory

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BPCL, HPCL, and IOC have corrected up to 22 per cent since their highs of July.

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After 42% rally in 2 months, here's why analysts are now cautious on BPCL

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India is considering a plan to sell the nation's second-largest state refiner and fuel retailer to a global oil company, Bloomberg reported

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Thus far in the calendar year 2018, HPCL (down 42%), BPCL (down 36%) and IOCL (down 24) have slipped more than 20% against 10% rise in the S&P BSE Sensex.