Page 6 of BPCL

He said a final decision on entering into term contract with Russia will depend upon multiple factors such as the capacity of the refineries to handle such crude. “There are many permutations and combinations.”

BPCL to enter into term agreement with Russia for cheaper crude

“The plan to enter into the term agreement with Russia is purely a commercial decision, based on the cost advantage…

June 23, 2022 02:30 IST

This isnot only inefficacious with respect to the time, energy, and resources invested but also quite puzzling, considering that the intent is clear—minimising the government’s presence in business.

Revitalising PSE privatisation: Issues that may impact investor appetite need to be resolved before notification for privatisation

For each PSE earmarked for privatisation, issues that may impact investor appetite need to be anticipated and resolved much before…

June 11, 2022 03:30 IST

The buyer would have got a 12 million tonne a year refinery at Mumbai, 15.5 million tonne Kochi refinery and 7.8 million tonne Bina unit.

BPCL winds up data room after govt puts off privatisation

BPCL would have given the buyer ownership of around 15.33 per cent of India’s oil refining capacity and 22 per…

June 8, 2022 17:25 IST

Government calls off BPCL privatisation; to re-initiate disinvestment in ‘due course’

The government’s stake in BPCL is worth about Rs 37,300 crore at the market prices.

May 27, 2022 02:00 IST

However, the privatisation was stalled after two bidders walked out over issues such as lack of clarity in fuel pricing, with just one bidder left in the fray.

Govt withdraws offer to sell 53 pc stake in BPCL as most bidders express inability to participate

The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited…

Updated: May 26, 2022 20:07 IST

bse sensex, nse nifty, bpcl, grasim, ril

BPCL, Grasim Industries among 223 stocks to hit 52-week low on BSE, 45 scrips at fresh highs

Indian benchmark indices reversed early morning gains on Thursday on the back of weakness in index heavyweight Reliance Industries (RIL),…

May 26, 2022 12:58 IST

stocks to watch, stocks in focus, hindalco, bpcl

Hindalco, BPCL, Future Retail, Infosys, Hindustan Zinc stocks in focus on monthly F&O expiry

Indian equity markets are likely to open gap-up on Thursday, a day of monthly F&O expiry’ amid positive global cues.…

May 26, 2022 07:53 IST

stocks to watch, stocks in focus, bpcl, future retail

BPCL, Indian Hotels Company, Future Retail, Coal India, Grasim stocks in focus

Indian equity markets are likely to open gap up on Wednesday amid mixed global cues. Nifty futures were trading 37.50…

May 25, 2022 08:03 IST

This will limit the amount of money a bidder has to put upfront to buy the company.

BPCL privatisation stalled as bidders walkout

The government had planned to sell its entire 52.98 per cent stake in Bharat Petroleum Corporation Ltd (BPCL) and invited…

May 18, 2022 18:41 IST

Nifty short-term term trend weak, fresh pullback rally possible above 17050; Buy SBI, Lupin, BPCL stocks

For the traders now, 17050/56800 would be the immediate hurdle, below the same correction wave will persist till 16800-16700.

April 20, 2022 08:55 IST

BPCL teams up with Microsoft to leverage cloud, AI technologies

According to a joint statement, the collaboration seeks to unlock the opportunities that Microsoft’s cloud provides to address the unique…

April 14, 2022 15:23 IST

The state-run refiner regularly buys Russian Urals for its 310,000 barrels per day (bpd) Kochi refinery in southern India.

Bharat Petroleum buys 2 million barrels of Russian Urals for May loading, say sources

Refiners in India, the world’s third biggest oil importer and consumer, have been snapping up Russian oil through spot deals…

April 6, 2022 17:37 IST

DIPAM has started the new financial year by collecting about Rs 3,000 crore from a 1.5% stake sale in oil explorer Oil and Natural Gas Corporation via offer for sale held on March 30-31. Another Rs 600 crore is expected from the buyback of shares by Gail India in April.

Disinvestment receipts hit a decade’s low in FY22; LIC IPO, sale of BPCL, IDBI Bank in FY23

The disinvestment receipts were Rs 14,000 crore against the target of Rs 40,000 crore in FY12. Receipts of Rs 1…

April 4, 2022 04:30 IST

Investors prefer green assets: Fresh clouds over BPCL sale

Strategic issues being re-assessed after Ukraine crisis, Govt’s tacit control on auto fuel prices dampens investor interest

March 25, 2022 05:15 IST

“This implies that the costs for the state-owned refining and marketing companies are currently higher by around $29/bbl without any corresponding increase in revenue. Based on current market prices, the oil marketing companies are currently incurring a revenue loss of around $25/bbl and $24/ bbl on sale of petrol and diesel, respectively,” Moody’s said.

‘OMCs may continue to make losses’; IOC, BPCL, HPCL lost $2.25 billion due to fuel price freeze: Moody’s

Auto fuel prices in India have remained unchanged since November 4, 2021, despite crude oil prices averaging around $111/barrel (bbl)…

March 25, 2022 02:15 IST

After plunging 5% so far in 2022, BPCL shares may rally over 15%, brokerages say buy, Check target price

Bharat Petroleum Corporation (BPCL) shares were trading flat at Rs 368.30 apiece on the Bombay Stock Exchange, 11 per cent…

March 23, 2022 13:14 IST

Nifty forms long bullish candle on daily charts, signals positive trend; BPCL, Wipro, among stocks to buy

For the trend following traders, now the 50 day SMA or 17200/57600 would act as a trend decider level.

March 23, 2022 08:50 IST

Fuel price hike: Govt may bide time as geopolitical situation still unfolding

Several OMC officials and executives who FE spoke to said the government might wait for another fortnight before taking a…

March 16, 2022 00:24 IST

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