Page 12 - Bpcl

3 bids for India's second-biggest fuel retailer BPCL: Oil minister Pradhan

BPCL is India's sixth-largest company by turnover.

Petrol consumption up 4.5 per cent, diesel down 7.3 per cent in November

The Indian basket crude oil touched $47.41 a barrel on November 26 as against average crude oil prices of $41 a barrel in the first fortnight of November this year

Govt may give 'divested' PSU status to BPCL to save LPG customers' subsidy

BPCL has around 73 million LPG consumers, while Indian Oil has 134 million and HPCL around 78 million

Light at the end of the tunnel for domestic oil marketing companies

Marketing margins to support earnings, while refining outlook can improve with vaccine launches driving global economic recovery

Buying jewel in the crown: BPCL a revenue churner, not a drain on finances

Unlike Air India, the winning bidder for BPCL can easily bank on this revenue churner to recover the cost of acquisition

BPCL buy could pay for itself, but how will Vedanta secure funding: Report

Analysts highlight the doubts over Vedanta's ability to raise finances for such acquisition

Vedanta Group submits EOI to buy government's entire stake in BPCL

According to multiple sources, major players like Reliance Industries, Saudi Aramco, Rosneft and Exxon Mobil had shied away from the bidding process

Top headlines: Vedanta's EoI for govt stake in BPCL, Tesla enters S&P 500

Business Standard brings you the the top headlines of the day

Vedanta puts in expression of interest to buy entire govt stake in BPCL

The government is selling its entire 52.98 per cent stake in BPCL and last date of putting EoI was November 16

Indices end at yet another peak, Sensex up 315 pts; BSE Midcap outperforms

All that happened in the markets today

BPCL disinvestment gets going. Time to bet on OMCs? Here's what charts say

The formation of a "Death Cross" on BPCL has disrupted the upside bias lately. Here is how stocks of oil marketing companies look on the technical charts

BPCL declines 5% amid profit booking after govt receives EoI for divestment

In the past one month, stock of the state-owned oil marketing company outperformed the market by surging 27 per cent as compared to a 10 per cent gain in the S&P BSE Sensex till Saturday

Top headlines: Indians boycott Chinese goods, govt targets 5-6 mn jobs

From Indians boycotting Chinese goods this Diwali to the Centre's aim of creating 5-6 million formal sector jobs, Business Standard brings you the top headlines of the day

BPCL disinvestment gets going with multiple EOIs, Reliance stays away

Aramco also not in fray; actual number bids not revealed but sources say three of four have been received

LIVE: Trump aide promises 'professional transition' to Biden administration

Trump's national security advisor promised peaceful transition to Biden administration as President continued to deny US election results. Stay tuned for Latest LIVE news today

BPCL privatisation: Initial bids close today, all eyes now on Reliance

Given the uncertain demand scenario, the investors are weighing if BPCL acquisition makes sense

Govt will not extend deadline to bid for state refiner BPCL: Report

The Centre has received a "sufficient and good response", according to sources

BPCL eyes doubling bunkering sales volume to 14 tmt with terminal upgrade

The country's second largest oil marketing firm Bharat Petroleum has upgraded its bunkering facility with five jetties that can now pump the oil into ships from the pipelines at the Marine Oil Terminal on the Butcher Island, off the east coast of the city. BPCL is the largest supplier of bunkering oil with around 60 per cent of the volume at JNPT, Mumbai Port and the two other harbours nearby the city consuming around 400thousand metric tonne(tmt) annually. And the sell-off bound national oil marketer expects to double its annual sales to 14 tmt from 7 tmt now after the updrade and complete mechanisaiton of the oil filling facilities now, S Jena, executive director, industrial & commercial at BPCL told PTI. On average, as many as 5,000 vessels berth at Mumbai, JNPT and the adjoining Digi and Dharamtarports annually, creating a bunkering business of close to 400tmt of VLSFO. The upgraded facility on the Jawahar Dweep, earlier known as the Butcher Island, will be used bunkering very

BPCL puts Bina refinery expansion plan on hold pending privatisation

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site where it wanted to build an ethylene cracker

BPCL Q2 net profit jumps 58% on refining margins, inventory gains

Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported 58 per cent jump in September quarter net profit on the back of inventory gains and a rise in refining margin