As per media reports, the government is considering selling a 20-25 per cent stake in BPCL instead of its entire 53 per cent holding, previously under divestment process.
Seven companies had put in 21 bids for city gas licences in five areas in states like Uttar Pradesh and West Bengal
Automaker MG Motor India on Monday said it has partnered with Bharat Petroleum Corporation Ltd (BPCL) to bolster EV charging infrastructure across the country.
The government holds 53% stake in BPCL and is planning to sell its entire stake
The transition towards green and renewable fuel has made privatisation difficult in existing terms: Official
India should keep the base price for 5G airwaves affordable, says Sunil Mittal. More on that in our top headlines this evening.
Bharat Petroleum Corporation Ltd (BPCL) and Microsoft have entered a strategic cloud partnership aimed at accelerating the firm's digital transformation and driving innovation in the oil and gas industry. According to a joint statement, the collaboration seeks to unlock the opportunities that Microsoft's cloud provides to address the unique challenges of the oil and gas sector, enabling BPCL to accelerate the modernisation of its tech architecture. This, in turn, will enhance and redefine customer experience. Through a seven-year collaboration, Microsoft will provide infrastructure as a service (IAAS), platform as a service (PAAS), network and security services on the cloud, including Azure native services on Azure Datafactory, IOT (Internet of Things) and analytics. "The partnership gives a strong fillip to BPCL's digital-first strategy, as part of 'Project Anubhav' to redefine customer experience through the pillars of trust, personalization, and convenience," it said. Microsoft'
The company has recently opened its first EV charging corridor along the Chennai-Trichi-Madurai highway with one charging unit
The Odisha government signed an agreement with Bharat Petroleum Corporation Ltd (BPCL) for exploring green energy possibilities in the state.
The state-run refiner regularly buys Russian Urals for its 310,000 barrels per day (bpd) Kochi refinery in southern India
Delays in due diligence, policy opacity and now the Ukraine crisis have brought the process to a near-standstill
A joint forum of central trade unions has given a call for a nationwide strike on March 28 and 29, to protest against the Union government's policies affecting workers, farmers and people
Petrol and diesel prices remained unchanged between Nov 4 and March 21 despite prices of crude oil averaging around $111 per barrel in the first 3 weeks of March compared to around $82 in early Nov
Iran used to be India's second largest oil supplier but New Delhi had to halt imports after Donald Trump withdrew from the nuclear deal with Iran and re-imposed sanctions on its oil exports
BPCL is the first company in India to offer its service to consumers after the RBI Governor announced the launch of UPI 123PAY last week
BPCL has deferred a maintenance shutdown of a crude unit at a 240,000 barrels per day Mumbai refinery to May as its seeks to gain from strong fuel cracks
The government has received Rs 888 crore as dividend from three CPSEs, DIPAM Secretary Tuhin Kanta Pandey said on Wednesday.
ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.
BPCL, India's second-biggest state refiner, on an average buys two million barrels of Russian Urals every month on a delivered basis
SpiceJet, Berger Paints and BPCL look weak on charts, while ONGC could gain another 4-8%.