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India`s BPCL plans new refining, petrochemical projects in next 5-7 years India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next five to seven years to meet growing energy demand, Chairman G. Krishnakumar told shareholders. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4-5% and 7-8% in the 'foreseeable future', he said. "This presents a strategic opportunity to expand refining capacity alongside the development of integrated petr...
India`s BPCL plans new refining, petrochemical projects in next 5-7 years
India`s BPCL plans new refining, petrochemical projects in next 5-7 years
Source: Reuters
2024-08-30 01:52:37 pm
ONGC to start gas production soon from eastern offshore Krishna-Godavari field: Hardeep Puri Public sector upstream giant Oil and Natural Gas Corporation (ONGC) will start gas production from its eastern offshore deep-water field in the Krishna-Godavari block KG-DWN-98/2 soon, Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Tuesday after taking charge as a member of the Modi 3.0 Cabinet.  The minister said that oil and gas public sector undertakings have done well. ONGC has floated a tender to get an international tech partner, he added. He also said that...
ONGC to start gas production soon from eastern offshore Krishna-Godavari field: Hardeep Puri
ONGC to start gas production soon from eastern offshore Krishna-Godavari field: Hardeep Puri
Source: IANS
2024-06-11 04:58:40 pm
BPCL Boosts Aviation Fueling Capabilities with New Hydrant Facilities at Manohar International Airport (MOPA) Bharat Petroleum Corporation Limited (BPCL), a Maharatna and India’s second-largest government-owned downstream oil producer, proudly announces the inauguration of state-of-the-art hydrant facilities at the newly established Manohar International Airport in north Goa. Shri Sukhmal Jain, Director (Marketing) BPCL, inaugurated the facilities in the presence of Shri Kanwarbir Singh Kalra (Deputy CEO, GMR Goa International Airport Ltd (GGIAL).and other senior leadership from BPCL and GGI...
BPCL Boosts Aviation Fueling Capabilities with New Hydrant Facilities at Manohar International Airport (MOPA)
BPCL Boosts Aviation Fueling Capabilities with New Hydrant Facilities at Manohar International Airport (MOPA)
Source: PR Agency
2024-05-22 12:24:36 pm
BPCL declares 1:1 bonus share issue, Q4 profit declines 30 per cent Bharat Petroleum Corporation Limited (BPCL) on Thursday reported a 30 per cent decline in consolidated net profit of Rs 4,789.57 crore for the January-March quarter financial year 2023-24 compared to the corresponding figure of Rs 6,870.47 crore in the same period last year. The decline in the government-owned company's profit comes amid volatile crude oil prices during the quarter which led to an increase in input costs that could not be fully passed on to consumers. BPCL said its ...
BPCL declares 1:1 bonus share issue, Q4 profit declines 30 per cent
BPCL declares 1:1 bonus share issue, Q4 profit declines 30 per cent
Source: IANS
2024-05-10 09:52:15 am
BPCL Takes Strides towards Cleaner Air with Innovative Air Purification Project Bharat Petroleum Corporation Limited (BPCL) is proud to announce the successful implementation of an innovative air purification project aimed at addressing air pollution in Mumbai. In collaboration with the Maharashtra Pollution Control Board (MPCB) and M/s APRO Greentech, BPCL has installed air purifier units on 100 BEST buses in the Mumbai Metropolitan Region (MMR), marking a significant milestone in the journey towards cleaner air. The commissioning of this project is set to take place...
BPCL Takes Strides towards Cleaner Air with Innovative Air Purification Project
BPCL Takes Strides towards Cleaner Air with Innovative Air Purification Project
Source: PR Agency
2024-03-15 05:21:22 pm
PSU stocks dominate sectoral gains PSU stocks are among the top gainers in trade led by oil and gas and insurance stocks. The PSU index is up more than 3 per cent on Monday. SJVN is up 16 per cent, NHPC is up 10 per cent, Insurance stocks are up with GIC Re up 12 per cent, New India Assurance up 9 per cent, LIC up 6 per cent. MMTC is up 9 per cent, MTNL is up 9 per cent. Oil and gas stocks are zooming with IOC up 7 per cent., GAIL up 4 per cent, HPCL up 4 per cent, BPCL up 4 per cent, ONGC up 3 per cent. Metal stoc...
PSU stocks dominate sectoral gains
PSU stocks dominate sectoral gains
Source: IANS
2024-02-05 02:08:17 pm
BPCL and Trinity Cleantech Join Forces to Ignite Electric Vehicle Charging Revolution in Uttar Pradesh Bharat Petroleum Corporation Limited (“BPCL”), a Fortune Global 500 Company and a Maharatna Energy Conglomerate, has embarked on a collaboration with Trinity Cleantech Private Limited (“TCPL”), a player in the electric vehicle (“EV”) charging industry, tobuild dedicated fast charging points for 2-Wheelers and 3-Wheelers. BPCL and TCPL have signed the agreement for a period of 3 years which is extendable for another 2 years on mutually agreed terms and condi...
BPCL and Trinity Cleantech Join Forces to Ignite Electric Vehicle Charging Revolution in Uttar Pradesh
BPCL and Trinity Cleantech Join Forces to Ignite Electric Vehicle Charging Revolution in Uttar Pradesh
Source: PR Agency
2024-01-16 02:17:47 pm
India`s BPCL offers first gasoil cargo in over a year ?India's Bharat Petroleum Corp has offered its first spot gasoil cargo, via a sales tender, in more than a year, three industry sources familiar with the matter said on Monday.BPCL is seeking to sell at least 40,000 metric tons of 10ppm sulphur gasoil loading Oct. 26-27 from Kochi, according to a document seen by Reuters.The tender closes on Oct. 3, with same-day validity.The refiner had previously offered contractual 10ppm sulphur gasoil cargoes in April 2022, for delivery between July 2022 ...
India`s BPCL offers first gasoil cargo in over a year
India`s BPCL offers first gasoil cargo in over a year
Source: Reuters
2023-10-02 02:54:44 pm
De-rating of BPCL, HPCL, IOC on the cards as dominance in petroleum pipelines gets challenged ?The common carrier access of product pipelines may result in sustained de-rating of BPCL, HPCL, Indian Oil even lower, Swarnendu Bhushan - Co-Head of Research, Prabhudas Lilladher said in a research.Although HPCL/BPCL/IOCL are trading at 0.9/1.2/0.8x FY24 PBV, a look at their long term valuation charts suggests that they could still correct from here.Marketing margins losses continue for OMCs. Average HPCL and BPCL returns have under-performed Nifty by 15/7/6 per cent in past 3/6/12month, wh...
De-rating of BPCL, HPCL, IOC on the cards as dominance in petroleum pipelines gets challenged
De-rating of BPCL, HPCL, IOC on the cards as dominance in petroleum pipelines gets challenged
Source: IANS
2023-09-18 02:15:50pm