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The Latest Breaking News from BPCL

Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher Motors

Indian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidating, with resistance at 23,800-24,000 and support near 23,150-23,300. Key companies like JSW Steel, ZEE, and Adani Enterprises are in focus. IOC reported a significant profit surge. Eicher Motors plans…

The Economic Times

Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily loss

Indian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and daily hits of Rs 1,380 crore for Indian Oil Corporation (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL). Brokerages including Nomura and Elara Capital warn further fuel price hikes…

The Economic Times

The Rs 3 relief that wasn't: Why investors are dumping oil stocks after long-awaited petrol, diesel price hike

Shares of HPCL and BPCL fell up to 3% despite the first fuel price hike since 2022, as investors worried the increase would not offset mounting losses. Analysts estimate OMCs could still lose nearly Rs 500 crore daily at current crude prices. With Brent crude above $100 and West Asia…

The Economic Times

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HPCL, BPCL and IOC shares slide up to 3% after petrol, diesel price hike

Oil marketing company shares fell on Friday. Petrol and diesel prices saw a modest increase. This hike aims to ease financial pressure on companies. Global crude oil prices remain high due to West Asia conflicts. Prime Minister Modi urged fuel conservation. Oil Minister Hardeep Singh Puri expressed concern over companies…

The Economic Times

Crude@$100+: The Rs 3 lakh crore power boom you might be missing

The US-Israel-Iran conflict has significantly boosted India's power and energy stocks, with Nifty Energy's market cap rising by Rs 3 lakh crore as Brent crude exceeds $100. Foreign investors are pouring into power generation and transmission, viewing it as a macroeconomic hedge. Companies like Adani Power and BHEL are leading…

The Economic Times

India set to scale back Russian oil imports if US waiver lapses

Iran war oil impact: Amidst the ongoing geopolitical turmoil, Indian oil refiners face a critical moment as the expiration of a US waiver looms this weekend. With the war affecting supplies from the Persian Gulf, India has lately seen a surge in Russian oil imports.

The Economic Times

Petrol, Diesel Prices Remain Unchanged Despite Global Oil Surge Amid Middle East Tensions

Amid escalating geopolitical tensions in the Middle East, particularly involving the US-Iran conflict and disruptions in the Strait of Hormuz, global crude oil prices have surged to around $120 per barrel. While many countries have responded with fuel price hikes or rationing measures, India has so far managed to shield…

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Pune-Mumbai Expressway Hit by 32-Hour Traffic Chaos After Tanker Overturns

Thousands of commuters faced a harrowing ordeal as traffic on the Pune-Mumbai Expressway was severely disrupted for more than 32 hours following an accident involving a tanker carrying highly flammable propylene. The incident occurred near the Adoshi Tunnel on the Mumbai-bound carriageway around 4:45 pm on Tuesday.

Whats Hot

EXCLUSIVE | 'If your body supports you... ': Saina Nehwal on PV Sindhu's chances at 2028 Los Angeles Olympics

NEW DELHI: Among Indian athletes, badminton queen PV Sindhu was a prominent medal contender heading into the Paris Olympics. Having previously won a silver at the Rio Games and a bronze at the Tokyo Games, Sindhu was expected to secure a podium finish and become the first Indian athlete to…

The Times of India

Structural plan of Brahmapuram CBG plant to be ready by next week

Foundation work for BPCL Kochi Refineries' CBG plant at Brahmapuram to begin in May, aiming for eco-friendly waste management.

The Hindu

Work on Kinfra petrochemical park likely to be over by year-end

Kerala's ₹1,900-crore petrochemicals park nears completion, attracting investors and creating thousands of job opportunities.

The Hindu

Work on CBG plant at Brahmapuram to begin next week

BPCL-Kochi Refineries to start compressed biogas plant execution next week, aiming to solve waste management issues in Kochi.

The Hindu

Ankita Raina, Ramkumar Ramanathan emerge Petroleum champions

Ankita Raina and Ramkumar Ramanathan win 42nd PSPB inter-unit tennis tournament, with Ramkumar and Ankita emerging as champions.

The Hindu

Construction work of compressed biogas plant in Kochi to be awarded shortly

Construction of a biogas plant in Kochi by BPCL Refinery to process waste and produce biogas for transportation.

The Hindu

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The Hindu

Kerala Cabinet announces tie-up with BPCL to install compressed biogas plant fuelled by urban waste in Kochi

Kochi's organic waste problem to be addressed by BPCL's ₹150-crore biogas plant. Plant to process 150 metric tonnes of waste daily, provide energy & nutrient-rich fertilizer. Kerala government to supply power and water at subsidised rate. Plant to be completed in 15 months.

The Hindu

Kochi Corporation to hand over 10 acres to BPCL-Kochi Refinery for CBG plant

Kochi Corporation to give 10 acres to BPCL-Kochi Refinery for CBG plant. Agreement with KSIDC for waste-to-energy plant cancelled. BPCL to float bid for project. Biogas to be used by BPCL. Council seeks clarity on rejects from plant.

The Hindu

Corruption like cancer, will take away growth: Hubballi-Dharwad Police Commissioner

“If what is bad or not good, is not portrayed accordingly there are chances that it will become a new normal and will lead to dangerous consequences,” Hubballi-Dharwad Police Commissioner Renuka Sukumar said here on Saturday. She was inaugurating the ‘Vigilance Awareness Programme’ organised by The Hindu in association with…

The Hindu

Winners of painting competition for Vigilance Awareness announced

Akanksha M. Patil from Class III and Vinayak J. Kurthkoti of Class VII of KLE School at Rayapur, Dharwad, emerged winners in the Junior and Senior categories respectively in the Painting competition conducted as part of Vigilance Awareness Week on Friday.

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The Hindu

Mumbai air pollution: MPCB asks Hindustan Petroleum, Tata Power to cut down production by 50%

MPCB orders 50% cut in production by HPCL, Tata Power, Aegis Logistics & Sealord Containers to curb air pollution in Mumbai. Bank guarantee of ₹10 lakh & ₹5 lakh forfeited for Aegis Logistics & Sealord Containers respectively. Two RMC plants closed down. MPCB to monitor emissions from BPCL, HPCL, RCF,…

The Hindu

Pollution board fines IOC, BPCL

CPCB fines IOC & BPCL for not installing pollution control devices at petrol pumps; IOC fined ₹1cr, BPCL ₹2cr. Petrol vapour contains cancer-causing substances; pumps ordered to install VRS to prevent vapours from escaping. IOC's financial implication limited to ₹1cr; BPCL received notice to pay ₹2cr. Notices received Oct 19,…

The Hindu

One in four Ujjwala Yojana beneficiaries took zero or one LPG cylinder refills last year despite ₹200 subsidy, RTI data reveals

In January 2018, a household could purchase a subsidised cylinder for ₹495.64; by March 2023, the same cylinder cost ₹903.

The Times of India

India is starting to reach the limits of its Russian oil splurge

MUMBAI: From an island fort outside the heart of historic Mumbai, visitors can spot giant oil tankers unloading their cargoes to two refineries on the city’s southeastern coast.

The Times of India

Over 6k fuel stations to open in Uttar Pradesh

LUCKNOW: IOCL, BPCL and HPCL, the leading PSU oil marketing companies (OMCs), are set to open 6,609 new fuel station across Uttar Pradesh.

The Hindu

BPCL to set up plant in Kochi to make compressed biogas from garbage

The State government has arrived at an in-principle understanding with the Bharat Petroleum Corporation Limited (BPCL) to set up a plant in Kochi to produce compressed biogas through waste processing.

The Hindu

Host of activities lined up in Telangana for Saksham 2023

A comprehensive plan has been drawn up by the participating companies — Indian Oil, HPCL, BPCL and GAIL — in partnership with Petroleum Conservation Research Association to reach out to various sections of society with activities to create awareness.

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