MG motors partners with BPCL to boost EV segment
MG Motor India entered into a partnership with Bharat Petroleum Corporation (BPCL). In order to expand its EV charging infrastructure and development and enhance the adoption of ‘green mobility’.
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Sanctions against Russia likely to result in losses for ONGC & BPCL: Moody’s
Oil and Natural Gas Corporation (ONGC), Oil India Ltd (OIL), Indian Oil Corporation (IOC), and Bharat Petroleum Corporation Ltd (BPCL) have all made investments in Russian upstream oil and gas assets.
BPCL divestment to be profitable just like Air India’s privatisation: Petroleum Minister Hardeep Singh Puri
The Indian government had ambitious strategies to auction its entire 53% stake in BPCL to private players in 2021-22, but holdups have moved this mark to 2022-23.
BPCL reports 47% rise in net profit to ₹2,805 crore in Q3
The Average Gross Refining Margin (GRM) during nine months ending on 31 December 2021 is $6.78 per barrel as against $2.90 per barrel in April-December 2020 period.
Stock Market update: BPCL shares surges by 1.46% as the company plans to invest Rs 25,000 crore in renewable energies
The company will build a portfolio of one gigawatt, driven primarily by solar power, by 2025 with an investment of Rs 5,000 crore and close some acquisition deals soon.
Bharat Petroleum to install EV charging stations at 7,000 petrol outlets
BPCL has a nationwide distribution network with 19,000 retail units (fuel stations).
BPCL privatisation hits a roadblock as bidders struggle to find partners: Report
The reluctance of the companies to invest in the fuel retailer stems largely from the newly adopted sustainability rules and the global action of energy transition in light of the increasing risk posed by climate change.
Bharat Petroleum Corp. Ltd sets up a separate platform for its LPG subsidized gas
Bharat Petroleum Corp. Ltd (BPCL) has set up a separate platform for its liquefied petroleum gas (LPG) business that runs the centre authorities subsidized home cooking gas cylinder scheme in a bid to “ring-fence” it according to the reports.
Air India, BPCL privatization to be done by this year
The government aims for absolute privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) current year, Tuhin Kant Pandey, Secretary at the Department of Investment and Public Asset Management (DIPAM) asserted this Wednesday.
BPCL to sell Numaligarh Refinery stake for Rs 9,876 crores
In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65% stake to state-owned firms.
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