Page 2 - Bharat Petroleum Corporation Ltd News

Andhra allots 6,000 acres to BPCL for ₹96,000 cr refinery near port

The state government also announced in-principle approval of total financial incentives to BPCL, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project

Andhra allots 6,000 acres to BPCL for ₹1 trn greenfield refinery project

Andhra Pradesh Government has issued orders allotting 6,000 acres of land situated near Ramayyapatnam Port in Nellore District on a cost basis, to BPCL Ltd for setting up 9 to 12 MMTPA Greenfield Refinery cum Petrochemical Complex, which envisages an investment of about Rs 1 lakh crore. The state government order gave in-principle approval of total financial incentives to Bharat Petroleum Corporation Limited, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of project activities, for the ultra-mega project of more than 96,000 crore under tailor-made incentives provisions. The BPCL is expected to invest Rs 4,843 crore during the current financial year and Rs 9,686 crore next year. It will be investing Rs 14,529 crore in 2027-28, Rs 29,059 crore in 2028-29 and Rs 38,745 crore in FY30, totalling Rs 96,862 crore investment, according to the government order. The public sector enterprise will get a capital subsidy of 43.5 per cent in 15 ...

BPCL to complete Andhra refinery feasibility report by December 2025

Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with foreign partners for collaboration

HPCL, BPCL, IOCL rally up to 4%; why OMC shares are in demand today?

Analysts believe that OMCs now have a large margin of safety owing to low oil price and a large capex plan which gives them confidence that a normative level of earnings will still be maintained.

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

BPCL, OIL to build city gas network in Arunachal under new joint venture

Arunachal Pradesh is set to get a city gas distribution network with Bharat Petroleum Corp Ltd (BPCL) and Oil India Ltd (OIL) signing an agreement on Tuesday to set up a joint venture company to implement the project. As a part of the project, Compressed Natural Gas (CNG) stations will be set up and Piped Natural Gas (PNG) will be supplied to households, commercial units, and industries in the state, a statement said. The initiative is aimed at expanding clean energy access and contributing to the socio-economic development of the northeastern state, in line with the government's gas-based economy vision, it said. The agreement was signed at BPCL's corporate office in Mumbai in the presence of its CMD Sanjay Khanna and OIL's CMD Ranjit Rath. "This joint venture reaffirms BPCL's commitment to expanding clean energy access across India, with special focus on the North-East. Together with OIL, we will build a strong city gas distribution network to serve households, industries, and ..

BPCL eyes new refinery-cum-petrochemical complex in Andhra Pradesh

Bharat Petroleum Corporation Ltd (BPCL) is exploring the possibility of setting up a greenfield oil refinery and petrochemical complex near Ramayapatnam Port in Andhra Pradesh, as part of its strategy to expand capacity in response to growing energy demand across India. The state-owned energy major is currently assessing the feasibility of the project, which would mark a significant addition to its refining infrastructure in the country. India, the world's third-largest oil-importing and consuming nation, is projected to add 1 million barrels per day of incremental oil demand by 2030 - the highest in the world, said Sanjay Khanna, chairman and managing director of BPCL, at the company's annual shareholder meeting on Monday. To put things in perspective, the global oil demand is expected to grow by 2.5 million barrels per day by 2030. India currently consumes 5.5 million barrels of oil per day. "Recognising the strong growth potential of India, BPCL is evaluating setting up a ...

Large capex a key concern for BPCL amid crude oil price uncertainty

BPCL's Q1FY26 profit fell short of expectations as refining margins weakened, though marketing remained robust Analysts caution that rising capex could strain balance sheet

BPCL buys 10 mn barrels of US crude oil through five-month tender

India, the world's third-largest oil importer, is increasing imports from the United States as negotiations for a bilateral trade agreement continue

Q1 results today: BPCL, IRCTC, Godrej, Muthoot Finance among 642 on Aug 13

Q1 FY26 company results: CSB Bank, United Spirits, Aditya Birla Fashion and Retail (ABFRL), Firstcry and Pfizer are also to release their April-June quarter earnings reports today

BPCL Q1 results: PAT up 140% at ₹6,839.02 cr on bumper retail fuel margin

The first quarter profit is a record for BPCL and is more than half of the full 2024-25 (April 2024 to March 2025) fiscal year earnings. It had reported a net profit of Rs 13,336.55 crore in FY25

Tariff on Russian Oil: RIL, HPCL, BPCL, IOC can dip up to 18%, say charts

The Nifty Oil & Gas index is seen testing the 200-DMA support on charts; break below the same could weigh on the sentiment at Reliance, ONGC and Oil marketing companies counters.

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Oil & Gas stocks declined in trade after US President Donald Trump threatened to raise tariffs in Indian imports over the purchase of a "massive" amount of Russian crude oil

RIL, BPCL lead market sell-off; here's why Oil & Gas stocks are falling

Mukesh Ambani-led Reliance Industries, India's largest company by market capitalisation, dropped 2 per cent, contributing significantly to the sector's weakness

Dividend stocks: BPCL, 19 others to go ex-date on July 31; do you own any?

Here is the complete lists of stocks that will go ex-dividend on July 31, 2025

Nomura bullish on OMCs, sees BPCL as top pick with 26% upside

So far this calendar year, the BSE oil and gas index has delivered gains of nearly 8 per cent.

BPCL, HPCL near record highs, zoom up to 57% from March low; here's why

Elara Capital maintain its positive view on OMCs amid subdued crude prices and expects the government to allow OMCs to earn above-historical integrated margin