Page 21 - Bpcl

BPCL approves Rs 111 bn investment for petrochemical unit at Kochi

BPCL's Kochi refinery at its recent expansion to 15.5 mn tonnes per annum capacity produces 5,00,000 tonnes of polymer grade propylene

BPCL shelves Bina Refinery IPO plan, says it has enough cash for expansion

The past chairman, S Varadarajan, had told PTI in October 2015 that "the IPO would definitely happen next year (2016)"

State-run BPCL looks to shift LPG facility outside Mumbai refinery

Company officials added similar options under consideration for its remaining refineries

BPCL gets green nod for Rs 7.47 billion ethanol project in Odisha

The project is in line with the government's national bio-fuel policy, which mandates 5 per cent blending of ethanol with petrol

At least 45 hurt as fire breaks out at Bharat Petroleum's Mumbai refinery

The blaze erupted in the compressor shed of the hydrocracker plant, as per the company statement

Over 21 injured in BPCL Mumbai refinery blaze; firm says fire under control

BPCL the fire broke out in the compressor shed of a hydrocracker plant

BPCL to commission Rs 1.03-billion LPG bottling unit by March 2020

The new bottling unit, being built at a cost of Rs 1.03 billion over 23 acres at Barkhani village, would generate direct and indirect employment for 80-100 people

BPCL at 17-mth high on Mozambique gas discovery

Bharat Petroleum Corporation Limited (BPCL) has moved higher by over 4% at Rs 740, its highest level since November 2010, after the state-owned company said yet another well in the natural gas discovery block located at offshore Mozambique has struck good quality reservoir.

Insolvency resolution: BPCL sole qualified bidder for Nagarjuna Oil

BPCL was the only one to submit the bid security of Rs 100 million

BPCL Q3 net profit plunges 6% to Rs 21.43 billion, GRM at $7.89 per barrel

State run Bharat Petroleum Corporation (BPCL) reported a six percent decline in its net profit for the December 2017 ended quarter, a fall led by higher expenses.The state run oil marketer on Friday also said the company's board of directors also declared an interim dividend of Rs14 per equity share.For the October-December 2017 period, BPCL reported a standalone net profit of Rs21.43 Billion, 6% lower from Rs22.71 Billion reported in the same period a year back. Total income for the quarter under review was at Rs709.22 Billion, 10% higher from Rs646.46 Billion reported in the same period a year back. Total expenses on the other hand were 11% higher at Rs678.84 Billion, against Rs613.97 Billion reported in the corresponding quarter a year back.The company's average gross refining margins (GRM) for the December quarter was at$ 7.89 per barrel, against $5.90 per barrel reported for the corresponding quarter a year ago. GRM is the difference between the value of goods produced by an oil .

BPCL plans to expand board

Due to the Maharatna status, the company will be able to raise cheaper funds

BPCL lines up Rs 18,000 crore for refinery expansion

BPCL is the third-largest crude refiner and marketer of petroleum products in India

BPCL Q1 profit plunges 72% to Rs 745 crore, misses estimates

The state-run refiner total expenses in the quarter jumped 24% to Rs 66,309 crore

BPCL terminates Bihar minister Tej Pratap Yadav's petrol pump licence

On May 31, BPCL issued a notice to Tej Pratap seeking an explanation on the petrol pump license

BPCL eyes Bina refinery expansion to 310,000 bpd in 4-5 years: Official

India aims to expand its refining capacity by 35% to 6.2 mn bpd to meet rising fuel demand

BPCL's Q4 standalone net profit down 13%

BPCL reported that its consolidated net profit edged higher by 17% to Rs 9,506 crore

BPCL to lay 20-inch insulated pipeline to boost capacity in Kochi refinery

With an objective to enhance the value chain of petroleum products, Bharat Petroleum Corporation Limited (BPCL) is replacing the old 30-inch crude pipeline with 20-inch insulated pipeline from South Tanker Berth Jetty to Kochi Refinery. The Public Sector Undertaking under the Ministry of Petroleum& Natural Gas said the new pipeline would help Kochi Refinery to transport high viscous petroleum products like vacuum residue (HSVR) and vacuum gas oil (VGO) from other refineries in the country and process these products into value-added products of diesel and petrol. Since most of the other Indian refineries don't have the bottom upgradation capabilities, this business model would help the country produce additional value-added products, the company said in a release here. The release said the Kochi Corporation had given the nod for laying pipeline in areas under its jurisdiction. As part of the agreement, Kochi Refinery had contributed Rs.Five crore for developmental activities in .

Bharat Petroleum plans to raise Rs 2,000 crore

Through private placement of secured non-convertible debentures during FY17

BPCL net profit rises 47% to Rs 2,272 cr in Dec quarter

Total income for the company was 21% higher at Rs 64,646 cr

BPCL to export light diesel oil in rare move: Industry sources

The state-owned refiner sold the cargo, which has a sulphur content of 1.5%, to Vitol