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Page 9 - Bharat Petroleum Corporation

Oil price crash: Domestic petrol, diesel prices may fall in the near future

Auto fuel prices may see a cut of another Rs 9-13 per litre over a fortnight if crude oil remains at same level

Oil price crash: Domestic petrol, diesel prices may fall in the near future
Updated On : 09 Mar 2020 | 11:35 PM IST

Govt to sell 100% stake in BPCL; companies with $10-bn net worth can bid

May 2 set as deadline to submit EoIs, PSUs kept out

Govt to sell 100% stake in BPCL; companies with $10-bn net worth can bid
Updated On : 08 Mar 2020 | 12:58 AM IST

Price hike on BS-VI won't hurt consumers, will meet April deadline: IOC

Company executives, including Chairman Sanjiv Singh, said they expected the matter of price hike for the cleaner fuel to be settled before the roll-out

Price hike on BS-VI won't hurt consumers, will meet April deadline: IOC
Updated On : 29 Feb 2020 | 2:42 PM IST

IMG clears BPCL sale bid docs, to be issued after ministerial group nod

This will now be put up for approval by 'Alternative Mechanism' which is essentially a very small grouping of key Cabinet ministers, sources privy to the development said

IMG clears BPCL sale bid docs, to be issued after ministerial group nod
Updated On : 16 Feb 2020 | 11:36 AM IST

BPCL sale: Indian Oil maintains interest, may bid on lower offer size

DIPAM has already started the process of appointing advisors for the sale of the entire government stake in BPCL

BPCL sale: Indian Oil maintains interest, may bid on lower offer size
Updated On : 14 Feb 2020 | 7:40 PM IST

BPCL net trebles to Rs 2,051 crore in Q3, revenue dips on low oil prices

BPCL had posted a net profit of Rs 698.62 crore in October-December 2018

BPCL net trebles to Rs 2,051 crore in Q3, revenue dips on low oil prices
Updated On : 13 Feb 2020 | 8:41 PM IST

Govt eyeing asset monetisation to make up for the disinvestment gap

Disinvestment in blue chip Bharat Petroleum Corporation (BPCL) is in all surety not happening this year, as also Air India sale

Govt eyeing asset monetisation to make up for the disinvestment gap
Updated On : 23 Jan 2020 | 12:40 AM IST

BPCL likely to sell stake in Numaligarh Refinery through bidding

While OIL holds 26 per cent in NRL, BPCL and the Assam government have 61.65 per cent and 12.35 per cent equity, respectively

BPCL likely to sell stake in Numaligarh Refinery through bidding
Updated On : 15 Jan 2020 | 2:20 AM IST

IOC to take call on bidding for govt's stake in BPCL: Chairman Sanjiv Singh

In November, CCEA approved the sale of government stake in five PSUs: BPCL, Shipping Corporation of India, Container Corporation of India

IOC to take call on bidding for govt's stake in BPCL: Chairman Sanjiv Singh
Updated On : 13 Jan 2020 | 9:37 PM IST

Privatisation to the rescue: But will it work? Here's how it can be made to

The Modi govt is strong enough to override the resistance that has come from some quarters, but it should be mindful of reputation risks in decisions on complex financial questions, writes T N Ninan

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Updated On : 04 Dec 2019 | 8:40 PM IST

Land trouble in Kochi may hit govt's plan for strategic stake sale of BPCL

At least 25 unions have already called a nationwide strike protesting against the Centre's move to privatise BPCL

Land trouble in Kochi may hit govt's plan for strategic stake sale of BPCL
Updated On : 25 Nov 2019 | 12:01 AM IST

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs

The Centre hopes that disinvestment proceeds will make up for some of the revenue shortfall that is expected this year

Biggest privatisation drive: Here's how govt plans strategic sale of 5 PSUs
Updated On : 21 Nov 2019 | 1:35 PM IST

BPCL most lucrative among govt's divestment candidates, say analysts

The company should get good suitors as it is sitting on good infrastructure and has a stable business outlook; the valuation seems attractive

BPCL most lucrative among govt's divestment candidates, say analysts
Updated On : 21 Nov 2019 | 6:37 AM IST

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs

Finance Minister Nirmala Sitharaman said privatisation of BPCL will be without the company's equity shareholding of 61.65% in Numaligarh Refinery in Assam

Privatisation push: Cabinet approves strategic sale of BPCL, 4 other PSUs
Updated On : 21 Nov 2019 | 2:00 AM IST

BPCL looks at increasing diesel exports as domestic demand declines

BPCL will soon float tenders to seek term contracts for diesel exports

BPCL looks at increasing diesel exports as domestic demand declines
Updated On : 08 Nov 2019 | 10:52 PM IST

India's higher diesel exports to weigh on Asia's refining margins

Diesel cracks that had strengthened in anticipation of new marine fuel norms from January 2020 have eased since the start of September

India's higher diesel exports to weigh on Asia's refining margins
Updated On : 08 Nov 2019 | 7:39 PM IST

Clearing the deck: Govt removing legislative barriers to privatisation

The core group of secretaries on disinvestment has recently approved the disinvestment of five public sector undertakings PSUs

Clearing the deck: Govt removing legislative barriers to privatisation
Updated On : 20 Oct 2019 | 8:46 PM IST

Cabinet likely to take up Bharat Petroleum stake sale issue by October-end

Cabinet note in this regard was floated for inter-ministerial consultation

Cabinet likely to take up Bharat Petroleum stake sale issue by October-end
Updated On : 14 Oct 2019 | 10:20 PM IST

BPCL privatisation likely to clear the decks for strategic partner in HPCL

Offloading the BPCL stake will bring in, at the current market values, Rs 56,400 crore to the government's kitty

BPCL privatisation likely to clear the decks for strategic partner in HPCL
Updated On : 14 Oct 2019 | 3:01 AM IST

Dipam keeps ball rolling for stake sale in Bharat Petroleum and others

Even after six months of the current financial year, the government has been able to achieve only 12 per cent of its disinvestment target of Rs 1.05 trillion

Dipam keeps ball rolling for stake sale in Bharat Petroleum and others
Updated On : 14 Oct 2019 | 1:10 AM IST