Specialty chemicals company LANXESS and Bharat Petroleum Corporation Limited (BPCL) on Thursday said they have entered into an agreement to explore opportunities for long-term cooperation in advanced industrial lubricant technologies, specialty fluid solutions and related applications in India. The Memorandum of Understanding (MoU) establishes a non-exclusive framework for evaluating technical and commercial opportunities aimed at developing innovative lubricant solutions, supporting OEM approvals, enhancing localisation and creating long-term value for customers across industrial sectors in India, according to a statement. The cooperation will combine LANXESS' global lubricant additive expertise, formulation capabilities and OEM relationships with BPCL's strong domestic market presence, base oil portfolio, manufacturing infrastructure and customer reach. The two companies will also assess opportunities in next-generation and sustainable technologies, including bio-based lubricants,
Russian volumes in November would be lower because West Asian grades are more commercially viable compared to Russian grades, Vetsa Ramakrishna Gupta, BPCL's head of finance said
Bharat Petroleum Corp Ltd (BPCL), India's second largest fuel retailer, on Thursday said there is no decision to replace E20 petrol with E10, clarifying that the current debate is over whether older vehicles should have access to a lower-ethanol blend and how an additional grade of petrol could be supplied across India's vast fuel-distribution network. In a media call post the company's annual shareholder meeting, BPCL Chairman and Managing Director Sanjay Khanna, however, said he saw no operational or logistical challenge in switching from E20 petrol to E10 if the government decides to change the ethanol-blending policy. "I never said that E20 will be changed to E10," he said, adding that it was being debated in some circles whether older vehicles should have an option of lower-ethanol blend fuel. "That doesn't mean E20 will be out and E10 will be in," he said. His comments come amid a wider policy discussion over whether owners of older vehicles should have access to E10 petrol,
BPCL has acquired Videocon's remaining stake in IBV Brasil Petroleo, taking full ownership of the Brazilian venture as it looks to expand overseas energy assets
The state-run oil marketer will acquire Videocon Energy Brazil's stake in IBV Brazil Petroleo, making the upstream company a wholly owned subsidiary of its overseas arm
State-run Bharat Petroleum Corporation on Monday said it will acquire a 40 per cent equity stake in Tiki Tar and Shell India for Rs 85 crore in cash, as it seeks to expand its presence in India's fast-growing value-added bitumen market. The acquisition, which has received approval from the Department of Investment and Public Asset Management (DIPAM), is expected to be completed within 90 days, Bharat Petroleum Corporation Ltd (BPCL) said in a regulatory filing. The transaction is not a related-party deal. Incorporated in October 2019, Tiki Tar and Shell India Pvt Ltd (TTSIPL) manufactures and markets bitumen and bituminous products used in highways and airport runways. Its portfolio includes VG Grade Bitumen, Polymer Modified Bitumen (PMB), Crumb Rubber Modified Bitumen (CRMB), and emulsions. The company also exports to Nepal, Bhutan and Bangladesh. BPCL said the investment aligns with its strategy to tap growing demand for value-added bitumen driven by India's infrastructure ...
The management said the company continues to maintain a robust order book of ₹1,940 crore, providing strong revenue visibility and a healthy project pipeline across key segments.
BPCL shares gained after Q4FY26 results, but brokerages remain cautious due to crude prices, LPG under-recoveries and weaker FY27 earnings outlook
Stocks to Watch today, May 20, 2026: BPCL, Karnataka Bank, Hindalco, Mankind Pharma, and JSW Energy are some of the key stocks to watch today
State-run oil major says recent increase in retail fuel prices has eased pressure amid soaring crude prices and mounting under-recoveries
Rajesh Bhosale, technical analyst at Angel One highlights that BPCL and IOC have consistently faced resistance around their respective 50-day EMAs on the charts in recent past.
Public sector OMCs, including Indian Oil, BPCL, and HPCL, have been incurring losses of about ₹20 per litre on petrol and nearly ₹100 per litre on diesel due to elevated global crude prices
Market analysts attributed the sharp spike in crude oil prices to supply disruptions amid concerns that output from key West Asia producing regions may remain constrained for longer
Emkay Global has cut ratings on OMC stocks as rising crude and windfall tax may hit margins. The brokerage sees up to 60% decline in FY27 earnings for HPCL, BPCL, IOCL
BPCL says investment in Brazil's SEAP-I project will provide access to equity crude, helping strengthen India's energy security and diversify supply sources
Khanna, currently director (refineries), brings over three decades of experience in refinery operations and technical services to lead BPCL till 2029
Of these, seven such individuals from MP's Indore are accused of cheating the company of approximately ₹5.72 crore
Deven Choksey believes the excise cut may bring some respite to OMCs amid high energy prices, while create a ₹1.5 trillion dent to the exchequer per year.
The government has reduced the excise duties on petrol and diesel by ₹10 per litre each, bringing them down to ₹3 per litre of petrol and zero per litre of diesel
Bharat Petroleum Global Energy Services (Singapore) Pte is expected to start operations in April with a staff of four