Bharat Petroleum (BPCL) has emerged the top individual bidder in the 9th round of bidding for city gas distribution (CGD) licences with bids for 53 geographical areas (GAs), followed by Indian Oil (37), GAIL Gas (34), Adani Gas (32) and Torrent Gas (31).
India’s state-run Bharat Petroleum Corp has bought 2 million barrels of high-sulphur Mars crude oil from the United States for delivery in September, two industry sources said on Wednesday.
Indian state refiner Bharat Petroleum Corp has requested an extra one million barrels of oil from the National Iranian Oil Co. (NIOC) for June, two industry sources said, amid a looming threat of stringent U.S. sanctions.
Bharat Petroleum Corp (BPCL), the nation’s second-largest fuel retailer, today posted a 45 per cent jump in net profit for the quarter ended March 2018 at Rs 2,674 crore on a standalone basis as compared to Rs 1,842 crore reported for the same quarter previous fiscal.
Oil marketing companies (OMCs) tanked up to 5 per cent on Wednesday, roiled by surging oil prices after US decision to pull out of Iran nuclear deal.
India’s refining capacity rose 5.8 per cent last financial year to 247.6 Million Tonne Per Annum (MMTPA) mainly on the back of capacity expansion at Jamnagar refinery operated by Reliance Industries (RIL) in Gujarat and Kochi refinery operated by Bharat Petroleum (BPCL).
Bharat Petroleum Corp Ltd will shut its 120,000 barrels per day (bpd) joint venture Bina refinery from mid-September for 45 days to expand its capacity by 30 percent, its head of refineries said on Tuesday.
Bharat Petroleum Corp Ltd (BPCL) plans to start a trading office in Singapore in the near future to procure crude for its refineries and trade oil products, its head of refineries, R Ramachandran, said late on Wednesday.
Share prices of PSU oil marketing companies like IOC, HPCL and BPCL tumbled on April 11 based on reports that government has asked them to accept a cut of one rupee in their marketing margins(i.e. not to increase prices in line with international prices).
Gadkari’s Highway Village Project Sees Good Response From Bidders, Driving Could Soon Be A Smoother Affair
Union Minister for Road Transport and Highways Nitin Gadkari’s ambitious ‘Highway Village’ project has seen a good response with bidders eyeing at least 21 out of 34 sites, reports Mint.