BPCL

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Aug 03, 2015, 13:50 PM IST

BPCL to go ahead with Bina expansion sans Oman Oil Company

With Oman Oil Company reluctant to put more money, Bharat Petroleum Corp Ltd has decided to fund the Rs 18,000-20,000 crore expansion of the Bina refinery in Madhya Pradesh on its own.

Jun 21, 2015, 20:31 PM IST

Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

Finance Ministry has moved a Cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said.

Jun 16, 2015, 15:59 PM IST

BPCL raises $500 mn to fund capital expenditure

State-owned Bharat Petroleum Corp Ltd (BPCL) Thursday said it has raised USD 500 million through fixed rate unsecured notes to fund its capital expenditure.

Apr 30, 2015, 17:32 PM IST

Videocon-BPCL consortium discovers oil off Brazilian coast

Good quality light oil has been established in a discovery made in an offshore Brazilian block where Videocon Industries and Bharat Petroleum Corp Ltd (BPCL) hold 40 per cent interest.

Apr 20, 2015, 13:49 PM IST

BPCL reports Q3 net profit at Rs 551.16 crore

Bharat Petroleum Corporation Limited (BPCL) on Friday reported a net profit of Rs 551.16 crore for the December quarter on the back of full compensation for losses on fuel sales.

Feb 13, 2015, 15:37 PM IST

BPCL-Videocon consortium discovers oil off Brazilian coast

A consortium that includes Bharat Petroleum and Videocon Industries has made a significant crude oil discovery off the Brazil's Northeast coast.

Feb 03, 2015, 13:31 PM IST

Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale

Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.

Jan 28, 2015, 21:00 PM IST

BPCL plans Rs 23,000-cr capacity expansion at Bina refinery

Bharat Petroleum Corp Ltd (BPCL) plans to more than double capacity of its Bina refinery in Madhya Pradesh to 15 million tonnes at a cost of about Rs 23,000 crore.

Jan 14, 2015, 21:47 PM IST

Oil firms supply fuel to SpiceJet on cash payment

After a brief hiatus, oil companies on Wednesday began supplying jet fuel to Spicejet after the troubled airline paid cash for the purchases.

Dec 17, 2014, 17:12 PM IST

Will supply fuel only on immediate payment: Oil companies to SpiceJet

With troubled SpiceJet having grounded its flights, oil companies have made it clear the budget carrier will get fuel only on immediate payments, as the airline is on 'cash and carry' mode.

Dec 17, 2014, 13:00 PM IST

BPCL to invest over $740 million in petrochemicals push

Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins.

Dec 03, 2014, 21:53 PM IST

BPCL net profit drops 50% in Q2 to Rs 464.20 cr

Bharat Petroleum Corp Ltd (BPCL) Wednesday reported a 50 percent drop in its September quarter net profit as refining margin dipped on slumping international oil prices.

Nov 12, 2014, 19:43 PM IST

Fuel stations being automated to prevent fraud: BPCL official

BPCL has installed automation systems at 888 retail outlets and the total network of automated retail outlets as of last financial year was 4,408.

Oct 27, 2014, 17:05 PM IST

Swachh Bharat: Oil PSUs to build over 5400 toilets in schools

ONGC will build toilets in 2,500 in 26 districts spread over 13 sates, IOC 1,000 toilets, especially for girls, GAIL 1,021 toilets while refiners Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) will together build 900.

Oct 02, 2014, 20:44 PM IST

BPCL says no plan to tie up with pvt cos for retail expansion

Country's third largest oil marketeer Bharat Petroleum Corporation (BPCL) has ruled out tying up with private players, saying the PSU has enough capabilities for expanding its retail presence on its own.

Sep 21, 2014, 19:19 PM IST

Technology deal for Kochi petchem plant in 2-3 months: BPCL

Bharat Petroleum Corp has decided to buy outright the critical technology to make specialty chemicals and expects to conclude a deal over the next few months, after its efforts to get a technology partner for Rs 5,000-crore petchem project in Kochi did not materialise.

Sep 19, 2014, 22:31 PM IST