Bharat Petroleum Corporation

Sanjay Khanna appointed BPCL CMD; tenure till May 2029 approved

Khanna, currently director (refineries), brings over three decades of experience in refinery operations and technical services to lead BPCL till 2029

BPCL duped of ₹129 crore, 1093 accused nationwide; FIR against 7 in Indore

Of these, seven such individuals from MP's Indore are accused of cheating the company of approximately ₹5.72 crore

₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey

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.

IOC, BPCL, HPCL shares react as govt trims excise duty on petrol, diesel

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 appoints Trade Director Manoj Heda to lead Singapore unit

Bharat Petroleum Global Energy Services (Singapore) Pte is expected to start operations in April with a staff of four

Fuel retailers seek advance payments as losses mount on price surge

Indian refiners, hit hard by a declining rupee, are facing revenue losses from retail sales as cracks for gasoline and gasoil surged to multi-year ‌highs

IOC, BPCL, HPCL could see margin pressure amid oil price spike: S&P

S&P Global Ratings on Wednesday said profit margins of oil marketing companies like IOC, BPCL and HPCL, could suffer as they are likely to keep retail prices of petrol and diesel unchanged to curb inflationary pressures. Oil prices have risen since the start of the US-Iran war with crude rising to over USD 100 per barrel earlier this week as the Strait of Hormuz, which handles about a fifth of the global crude oil and liquified natural gas (LNG) flows, remained effectively closed. Crude prices have fallen to USD 88 a barrel on Wednesday. S&P Global Ratings have recently revised its 2026 average price assumption for Brent crude oil prices by USD 5 to USD 65. The US-based rating agency said India will remain dependent on maritime routes to fulfil its crude needs, but there is some scope for diversification as the country has a history of buying oil from outside Asia, such as from Russia and South America. Purchases from Russia currently stand at 1.1 million bpd, while that from .

UBS downgrades HPCL, BPCL, IOC stocks as crude prices breach $100/barrel

UBS' Global Oil team has also raised their near-term oil price forecasts, Q1-26E to $71/bbl (around $80/bbl for March), and the average for 2026 to $72/bbl

Bharat Petroleum, HPCL Mittal buy Venezuelan oil amid crude sourcing shift

The crude was bought in two separate deals and will be co-loaded on a very large crude carrier to cut shipping costs, lifting India's Venezuelan imports to at least 6 million barrels through April

BPCL unfazed by geopolitics, to buy crude on techno-commercial merit: CMD

BPCL will source crude purely on techno-commercial merit amid geopolitical flux, with talks on Saudi investment in its Andhra refinery, says CMD Sanjay Khanna

Nifty Oil & Gas falls 1% as oil prices rise; IGL, MGL, BPCL shares drag

The Nifty Oil and Gas declined as much as 1.24 per cent to the day's low of 12,199.20. Out of 15 constituents of the index, 13 stocks declined amid rising crude oil prices

BPCL leads push to lock in long-term Middle East crude oil purchases

BPCL, as the company is known, has issued tenders for three grades - Abu Dhabi's Murban, Iraqi Basrah and Oman crude - for delivery from April to March 2027

OMC stocks crack on US sanctions fears; BPCL falls 4%, HPCL 5%

The US President Donald Trump approved a bipartisan Bill titled the 'Sanctioning of Russia Act 2025', according to US Senator Lindsey Graham

Motilal Oswal sees higher Q3 profits for Oil & Gas cos; RIL, OMCs to lead

Motilal Oswal expects its coverage universe to report a 4 per cent Y-o-Y decline in sales in Q3FY26, while Ebitda and PAT are projected to grow 16 per cent and 25 per cent Y-o-Y

Aramco, Oil India likely to pick up stake in BPCL's Andhra refinery

State-run BPCL is setting up a greenfield refinery and petrochemicals project near Ramayapatnam port in Nellore district to meet rising domestic demand and boost petrochemical exports

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