
The company is also planning to come out with an initial public offering for Maharashtra Natural Gas Ltd – its…
MNGL IPO: BPCL approved Rs 1000 crore IPO for Maharashtra Natural Gas. A joint venture between BPCL, GAIL, and IGL.
Year-to-date, HPCL shares have risen by over 48%, BPCL by 54%, and Indian Oil by 32%. HPCL and BPCL have…
BPCL’s average gross refining margin during Q1FY25 was $7.86 per barrel, down from $12.64 per barrel in Q1FY24.
Talking about the cost competitiveness of the project, Vasisht noted that it will depend upon a lot of factors including…
Analysts at Elara Capital also expect ONGC’s EBITDA to fall 20% on year in Q1FY25 due to lower oil and…
The Indian refiner has also separately bought 2 million barrels of WTI crude for loading in April via a spot…
In the intra-day trade, the scrip of state-run oil marketing company hit a 52-week high of Rs 651.80 and Rs…
Petronet is making a foray into the petrochemical business by investing Rs 12,685 crore in a propane dehydrogenation plant that…
Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL), who control roughly 90 per…
Russia supplied 1.2 million barrels per day of crude oil to India in January, down from 1.32 million barrels in…
The combined net profit of IOC, BPCL and HPCL in April-December FY24 was better than their annual earning of Rs…
State-owned Bharat Petroleum Corp Ltd has set it capital expenditure target for 2024-25 at Rs 15,000 crore, the company said…
OMCs are likely to report a healthy YoY growth in their net profits for Q4FY24, say analysts. On a QoQ…
BPCL reported revenue from operations at Rs 1,29,984.84 crore, down 2.5 per cent on-year in comparison to Rs 1,33,347.51 crore…
The gross refining margins of the three OMCs also fell to $5-6 per barrel from $9-10 a barrel on quarter…
While the company got a slight premium over Brent – the crude oil its Mumbai offshore is closest in quality…