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.

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Govt planning stake sale in BPCL

Last Updated: Friday, July 24, 2015, 17:22

The Government on Friday said it is planning to sell stake in Bharat Petroleum Corp Ltd (BPCL) and will take a final view after completion of inter-ministerial consultation.

BPCL to go ahead with Bina expansion sans Oman Oil Company

Last Updated: Sunday, June 21, 2015, 20:31

With Oman Oil Company reluctant to put more money, Bharat Petroleum Corp Ltd has decided to fund the Rs 18,000-20,000 crore expansion of the Bina refinery in Madhya Pradesh on its own.

Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

Last Updated: Tuesday, June 16, 2015, 15:59

Finance Ministry has moved a Cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said.

BPCL raises $500 mn to fund capital expenditure

Last Updated: Thursday, April 30, 2015, 17:32

State-owned Bharat Petroleum Corp Ltd (BPCL) Thursday said it has raised USD 500 million through fixed rate unsecured notes to fund its capital expenditure.

Videocon-BPCL consortium discovers oil off Brazilian coast

Last Updated: Monday, April 20, 2015, 13:49

Good quality light oil has been established in a discovery made in an offshore Brazilian block where Videocon Industries and Bharat Petroleum Corp Ltd (BPCL) hold 40 per cent interest.

BPCL reports Q3 net profit at Rs 551.16 crore

Last Updated: Friday, February 13, 2015, 15:37

Bharat Petroleum Corporation Limited (BPCL) on Friday reported a net profit of Rs 551.16 crore for the December quarter on the back of full compensation for losses on fuel sales.

BPCL-Videocon consortium discovers oil off Brazilian coast

Last Updated: Tuesday, February 3, 2015, 13:31

A consortium that includes Bharat Petroleum and Videocon Industries has made a significant crude oil discovery off the Brazil's Northeast coast.

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 plans Rs 23,000-cr capacity expansion at Bina refinery

Last Updated: Wednesday, January 14, 2015, 21:47

Bharat Petroleum Corp Ltd (BPCL) plans to more than double capacity of its Bina refinery in Madhya Pradesh to 15 million tonnes at a cost of about Rs 23,000 crore.