Bharat Petroleum Corporation

IOC shares slide 4%; BPCL, HCPL down 2%; What's dragging OMC stocks?

JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026

OMCs set for strong quarter on buoyant margins, says Antique

Antique Stock Broking reiterated 'Buy' on Hindustan Petroleum Corp., Bharat Petroleum Corp., and Indian Oil Corp, with HPCL as the top pick

BPCL shares rise 2% after positive earnings; Q2 breakdown here

BPCL shares rose after it reported a 168 per cent Y-o-Y jump in standalone net profit at ₹6,442 crore for the second quarter

BPCL buys Upper Zakum crude to replace Russian supplies after US sanctions

The Indian refiner purchased 2 million barrels of Upper Zakum crude for loading in December

BPCL Q2 net profit more than doubles to ₹6,442 crore; revenue up 2.54%

Company's board of directors approves interim dividend of ₹7.5 per equity share for FY26

BPCL buys crude from every place including Russia based on viability: CMD

State-owned BPCL has said its crude procurement is based on techno-commercial viability for its refineries and it buys from every geography including Russia. BPCL Chairman and Managing Director Sanjay Khanna said that currently preparation of Detailed Feasibility Report (DFR) is underway for the company's proposed Greenfield Refinery and Petrochemical Complex near Ramayapatnam Port in Nellore district, Andhra Pradesh and obtaining necessary environmental clearances. "We buy oil from every geography and the oil which is most techno-commercially viable for the refinery, not only me (BPCL), every refiner goes for it. So that is the stand, be it Russian oil or any oil for that matter. That is how we go for it. Whichever is giving us the highest value for the company ensures the reliable operations," Khanna told PTI. A senior official of the Department of Petroleum and Natural Gas replying to a query on the crude imports from Russia on Tuesday said those decisions are not taken at the ..

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

Oil ministry invites applications for BPCL CMD post, last date October 21

The Petroleum Ministry has called for applications for BPCL's CMD post after G Krishnakumar's tenure ended; Sanjay Khanna currently holds additional charge of CMD

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.

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

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 blames rain after water-mixed fuel affects MP CM's convoy vehicles

After the vehicles in Madhya Pradesh Chief Minister Mohan Yadav's convoy stopped working as water-mixed fuel was filled in them, the Bharat Petroleum Corporation Ltd (BPCL) on Saturday said "unusual heavy rainfall" caused water to enter fuel storage tanks at its petrol pump in Ratlam. It also said that samples of fuel from the petrol pump were collected and sent for testing in the wake of the incident. The incident occurred on June 26 around 10 pm at the Shakti Fuels petrol pump at Dosigaon in Ratlam. Soon after refuelling there, all vehicles in the CM's convoy broke down and they had to be pushed and parked on the side of the road, according to officials. After the breakdown, the administration arranged new vehicles from Indore and also sealed the petrol pump. In a statement, the BPCL said, "We deeply regret the inconvenience caused to our customers by an isolated incident of presence of water in the diesel tank at our Fuel Station, M/s Shakti Fuel Point in Ratlam, Madhya Pradesh,

India's state oil refiners may order tankers worth $600 mn for domestic use

Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp. plan to jointly issue a tender later this year for the medium-range tankers

BPCL share price rises 2% after inking multiple MoUs with various entities

The company has inked an MoU with KPIT Technologies to promote hydrogen-based mobility initiatives in Kerala

Stocks to Watch, March 19: Bajaj Auto, BPCL, GR Infra, Paytm, Zydus Life

Stocks to Watch on Wednesday: Bajaj Auto, BPCL, GR Infra, Paytm, LIC, Zydus Lifesciences are among the top stocks to watch today, March 19, 2025

OMCs, paint, aviation stocks gain as Brent crude oil slips below $70/bbl

At close, Hindustan Petroleum Corporation (HPCL) was up 3.66 per cent, Bharat Petroleum Corporation (BPCL) was up 3.6 per cent and Indian Oil Corporation (IOC) was up 2.4 per cent

HPCL, BPCL, IOC: OMCs rise in weak market after oil prices slip about 2%

OMCs are businesses involved in the marketing and distribution of petroleum products such as crude oil, gasoline, diesel, kerosene, jet fuel, and other refined petroleum products

Despite global lags, India to remain bright spot for petchem demand in 2025

Global petrochemical margins are expected to stay depressed for a few more years amid weak demand from top petrochemical consumer China

IOC, BPCL to sign multibillion-dollar LNG purchase deals With Adnoc

The deals highlight India's plan to more than double the share of gas in its energy mix by the end of this decade