India's top refiner, IOC, has also bought some cargoes of Russian oil for January loading, they said
Given their outsized contribution to air pollution & net-zero targets, state-run oil firms must accelerate cuts in greenhouse gas emissions. The country's hobbling renewable projects may delay plans
Dividend stocks today: Here is the complete list of stocks to remain in focus during today's trading following their announcement of interim dividends.
Chandan Taparia of Motilal Oswal says BPCL share price has broken out of a falling supply trendline on the daily chart with high volumes, supporting positive outlook.
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
The Indian refiner purchased 2 million barrels of Upper Zakum crude for loading in December
Stocks to Watch today, November 3, 2025: From Maruti Suzuki, Bharat Petroleum, to Bank of Baroda, here is a list of stocks that will be in focus today
Company's board of directors approves interim dividend of ₹7.5 per equity share for FY26
Bharat Petroleum Corporation Ltd (BPCL) on Friday reported a 169 per cent jump in its September quarter net profit on the back of a surge in refining margins. Its standalone net profit of Rs 6,442.53 crore in July-September - the second quarter of 2025-26 fiscal year - was 169 per cent higher than Rs 2,397.93 crore earned in the same period last year, according to a stock exchange filing by the company. The company earned USD 10.78 on turning every barrel of crude oil into fuels like petrol and diesel, compared to a gross refining margin of USD 4.41 per barrel in July-September 2024. The revenue from operations was up 3 per cent at Rs 1.21 lakh crore. On operational performance, BPCL said its refineries achieved a throughput of 9.82 million tonnes with a capacity utilisation of 111 per cent in Q2 against 10.28 million tonnes processed in the same period a year back. BPCL registered quarterly domestic sales of 12.67 million tonnes, a growth of 2.26 per cent over 12.39 million tonne
Q2FY26 company results: Firms including Phoenix Mills, Maruti Suzuki, Bharat Electronics, Patanjali Foods, ACC, and Bajaj Electricals are also to release their July-September earnings reports today
Stocks to buy: Ajit Mishra of Religare Broking recommends buying BCPL, Grasim Industries, and Power Grid; also suggests Nifty trading strategy
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 ..
Stocks to Watch Today, October 29, 2025: Tata Capital, TVS Motor Company, Adani Green Energy, Larsen & Toubro, and Oil India are among the top stocks to watch during today's trading session
Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts
Experts say US grades face logistical, economic, and compatibility challenges with Indian refinery configurations
The state government also announced in-principle approval of total financial incentives to BPCL, up to 75 per cent of the capital expenditure over a period of 20 years from the commencement of 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 ...
Bharat Petroleum will complete the feasibility report for its Andhra Pradesh greenfield refinery by December 2025 before beginning talks with foreign partners for collaboration
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
A committee under the Ministry of Environment and Forest and Climate Change has accorded permission to BPCL to prepare terms of reference (ToR) for its proposed 9 million metric tons per annum (MMTPA) Greenfield Refinery and Petrochemical Complex in Andhra Pradesh. According to the minutes of the meeting of the Expert Appraisal Committee (EAC) under the ministry held on August 29, the project cost would be Rs 1.03 lakh crore with a completion schedule of 42 months. Total Employment generated will be 3,400 for the Construction Phase (out of which 400 permanent and 3,000 temporary) and 3,750 Operational Phase (out of which 1250 permanent & 2500 temporary), it said. Bharat Petroleum Corporation Limited is proposing to set up the plant at Chevuru Village, Gudlur Mandal, Sri Potti Sriramulu Nellore District in AP. "EAC found the compliance status and justification satisfactory. After deliberations, the Committee recommended the project proposal for prescribing the following specific ..