Page 2 - Bharat Petroleum Corporation

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

Bharat Petroleum struggles to get Russian crude cargoes for March

India's second-biggest refiner has been relying on Russian barrels, which are at least $3 per barrel cheaper than dated Brent, for about a third of its feedstock

BPCL sees March Russian oil intake down 20% as it awaits traders' offers

BPCL's Russian oil processing declined to 31 per cent in December quarter from about 35-40 per cent in the previous month

BPCL Q3 results: Net profit rises 19.6% to Rs 3,806 cr, revenue down 1.9%

Management expects crude oil prices to settle at $70-75

BPCL ties Rs 31,802 cr funds for Bina refinery expansion, petchem project

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Friday said it has achieved financial closure for its Bina refinery expansion cum petrochemical project with the signing of a loan agreement of Rs 31,802 crore with a consortium of six lenders led by the State Bank of India. The project, estimated to cost Rs 48,926 crore, aims to set up a petrochemical complex comprising a 1.2 million tonnes per annum (MTPA) ethylene cracker unit and increase the refinery's capacity from 7.8 MTPA to 11 million tonnes. "This expansion will enable BPCL to produce downstream petrochemical products such as Linear Low-density Polyethylene (LLDPE), High-density Polyethylene (HDPE), Polypropylene (PP) and other aromatics, thereby reducing India's dependence on imports," the company said in a statement. The expansion project aims to cater to the projected rising demand for fuel in central and northern India in the near future. The project construction is expected to be completed within 48 months from t

BPCL plans $11 billion refinery project in southern Andhra Pradesh

India wants to emerge as a major refining hub supplying fuel to the global markets as Western companies are cutting crude processing capacities in favour of energy transition

BPCL clears decks for Rs 95k cr Ramayapatnam refinery in Andhra Pradesh

The refinery was a commitment made in the Andhra Pradesh Reorganisation Act 2014

Q2 results today: Indigo and Macrotech among 148 to post earnings on Oct 25

Q2FY25 company results: Bharat Petroleum, Hindustan Petroleum, Bharat Electronics, and Zee Media are among 148 companies to release their quarter earnings report on October 25

BPCL and Mumbai Port Authority to launch India's first green fuel ecosystem

Bharat Petroleum Corporation Limited has signed an MoU with Mumbai Port Authority to develop India's first green fuel ecosystem, enhancing sustainable energy solutions at the port

BPCL's joint venture with IOC wins production concession in Abu Dhabi

BPCL added that during the exploration phase, the company invested nearly $164 million

Govt receives about Rs 2,413 cr as dividend tranche from BPCL: Dipam secy

The government has received about Rs 2,413 crore in dividends from oil PSU BPCL, the Department of Investment and Public Asset Management (DIPAM) said on Monday. "Government has received about Rs 2,413 crore from BPCL as dividend tranche," DIPAM Secretary Tuhin Kanta Pandey said in a post on X. In the current financial year 2024-25 so far, Rs 15,389.14 crore has been received through dividends from the CPSEs. This includes Rs 5,091 crore from Indian Oil Corp (IOC), Rs 40 crore from Electronics Corporation of India Ltd (ECIL), Rs 554 crore from Power Finance Corp, and Rs 3,443 crore from Telecommunications Consultants India Ltd (TCIL) as special dividend. In the current fiscal, the government has budgeted to collect Rs 56,260 crore as dividends from public sector enterprises, up from Rs 50,000 crore in the 2023-24 fiscal. Separately, the country's largest insurer Life Insurance Corporation (LIC) paid a dividend of Rs 3,662.17 crore for FY24 last week. This amount is in addition to