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BPCL to invest Rs 40,000-cr to up capacity to 50 mtpa by 2021

Last Updated: Friday, September 11, 2015, 20:10

The PSU has earmarked a whopping Rs 1 trillion capex by 2021 under 'Project Sankalp', primarily focusing on brownfield expansion.

Moody's, Fitch assign Baa3, BBB- rating to BPCL $2-bn bond sale

Last Updated: Wednesday, January 28, 2015, 21:00

Global rating agencies Moody's and Fitch Wednesday assigned Baa3 and BBB- ratings with stable outlook respectively, in line with the sovereign's, to the proposed USD 2-billion bond sale programme of state-owned Bharat Petroleum Corp Ltd, which is likely to hit the market anytime.

BPCL to invest over $740 million in petrochemicals push

Last Updated: Wednesday, December 3, 2014, 21:53

Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins.

State-run oil companies rally after Iran deal

Last Updated: Monday, November 25, 2013, 11:34

Shares of state-run oil marketing companies gain after Brent crude drops more than USD 2 a barrel on Monday as supply fears ease following a breakthrough nuclear deal between world powers and Iran over the weekend.

Varadarajan takes charge as BPCL CMD

Last Updated: Tuesday, October 1, 2013, 18:54

Prior to his appointment as the CMD, Varadarajan was serving as the Director- Finance of the company, a company release said.

BPCL keen on Bina Refinery IPO next fiscal

Last Updated: Sunday, September 29, 2013, 11:40

Earlier, the company had said it would divest 24 percent of its 49 percent stakes in the refinery to public, but this time around Singh did not specify any particular divestment range.

BPCL's Rs 14,225-cr refinery expansion proj gets green nod

Last Updated: Thursday, November 22, 2012, 22:39

The Environment & Forests Ministry has granted environment clearance to the Rs 14,225 crore Integrated Refinery Expansion Project (IREP) of Bharat Petroleum Corporation to be implemented at Kochi Refinery Ltd.

BPCL to offer 51% to LG Chem in proposed Kochi petrochem unit

Last Updated: Sunday, September 23, 2012, 17:39

The remaining Rs 6,000 crore will go into the greenfield petrochemicals complex.

BPCL plans petrochemical complex in JV near Kochi refinery

Last Updated: Thursday, May 17, 2012, 20:06

Bharat Petroleum Corporation Ltd (BPCL) has proposed to set up petrochemical complex near its Kochi refinery in a joint venture at an investment of about Rs 4,000-5,000 crore.

'Gas find in Mozambique may hold 15-30 trln cubic ft reserve'

Last Updated: Monday, November 28, 2011, 18:10

Videocon Industries and Bharat Petroleum Corporation (BPCL) Monday said the natural gas discovery they made off Mozambique may hold 15-30 trillion cubic feet of inplace reserves which they may ship into India in form of LNG.

BPCL wins Chess title

Last Updated: Friday, February 18, 2011, 17:05

Bharat Petroleum Corporation Limited Team A comprising Harikrishna P, Gopal GN, Parimarjan Negi and Abhijit Gupta won the 22nd Petrolelum Sports promotion Board Inter-Unit Chess tournament.