Bharat Petroleum Corporation Ltd

Company limited by Shares (2) 26+ employees

Bharat Petroleum Corporation Ltd Overview

26+ employees
Company limited by Shares
Union Govt company
03 Nov,1952
N/A Related OEMs
N/A No. of plants

Company Breakup

Name share
Public Financial Companies
Foreign Holdings
Bodies Corporate
Mutual Funds
Government Companies
Total Number Of Shareholders 87427
Shareholding As On 2014-09-18

Bharat Petroleum Corporation Ltd in News

19 May 2024

Reliance seeks access to ATF pipelines, storages of PSU oil firms

Reliance Industries Ltd aims to expand its market share in aviation turbine fuel (ATF) by accessing pipelines at major Indian airports like Delhi, Mumbai, Bengaluru, Hyderabad, Kochi, and Lucknow, competing with state-owned firms like Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL).

10 May 2024

BPCL to invest INR 1.7 lakh cr in core, new energy business

"Our strategy is based on two fundamental pillars - 'Nurturing the Core'; and 'Investing in Future Big Bets'. We remain committed to our core businesses, which include the refining, marketing of petroleum products and upstream. In addition, we are focusing on our big bets, which comprise petrochemicals, gas, green energy, non-fuel retail, and digital," Krishnakumar said.

17 Mar 2024

Petrol costliest in Andhra Pradesh & Kerala; BJP-ruled MP, Bihar close behind

Petrol and diesel prices vary across Indian states due to differences in local sales tax or VAT rates. While some states like Andhra Pradesh, Telangana, and Kerala have the costliest fuel, smaller states and Union Territories like Andaman & Nicobar Islands and Delhi offer cheaper rates. Recent price cuts provide relief to consumers, but rates remain above INR 100 per litre in some regions due to higher VAT.

26 Jan 2024

Govt halves Budget support to oil firms, defers filling strategic oil reserves

The government has halved the equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects. While other state-owned oil companies have lined up investments to achieve net zero carbon emissions, the equity support was limited to the three fuel retailers

30 Oct 2023

BPCL returns to black after marketing margin boost

The profit was aided by a boost in marketing margins as a freeze on petrol and diesel price revision despite a fall in input crude oil prices helped recover losses incurred when rates were high last year.

29 Oct 2023

BPCL returns to black after marketing margin boost

In the current quarter, the refinery throughput was 9.35 million tonnes versus 8.82 million tonnes in Q2 of FY 22-23. Market sales were 12.19 million tonnes in Q2 FY 23-24 versus 11.44 million tonnes in Q2 of FY 22-23. Sales have grown by 6.56 %.

28 Sep 2023

Russian oil sold to India at 30% above Western price cap

India, which is the world's third biggest oil importer, has become the top buyer of seaborne Russian oil, mainly Urals, since 2022 after Western sanctions against Moscow. Calculated Free on Board (FOB) estimates for Urals cargoes loading from Baltic ports in October were close to USD 80 per barrel on Thursday for Indian customers, according to traders' data and Reuters calculations.

27 Jul 2023

BPCL still in talks for Russian oil deal, discounts narrow

Indian refiners have been snapping up discounted Russian oil since many other countries imposed sanctions on Moscow after its invasion of Ukraine. The discounts make Russian oil cheaper than similar grades from the Middle East.

09 Jul 2023

Russia oil discount to India shrinks to USD 4, delivery charges remain opaque

India's reliance on discounted Russian crude oil has made it the largest buyer, and the country is being charged up to twice the normal shipping rates for delivery. Russian oil was sanctioned by the EU and some in Asia after the invasion of Ukraine in February 2022, leading to Russia Urals crude being traded at a discount to Brent crude.

Directors of Bharat Petroleum Corporation Ltd

Name DIN Email Designation Date of joining
Rajkumar Duraiswamy Unlock to View Unlock to View Director 01 Oct,2016
Ramamoorthy Ramachandran Unlock to View Unlock to View Director 01 Aug,2016
Ramesh Srinivasan Unlock to View Unlock to View Director 01 Mar,2016
Anant Kumar Singh Unlock to View Unlock to View Additional director 02 Jan,2016
Rajesh Kumar Mangal Unlock to View Unlock to View Additional director 01 Dec,2015
Gopal Chandra Nanda Unlock to View Unlock to View Additional director 01 Dec,2015
Deepak Bhojwani Unlock to View Unlock to View Additional director 01 Dec,2015
Panchapakesan Balasubramanian Unlock to View Unlock to View Director 18 Sep,2014
Pullukottayil Habel Kurian Unlock to View Unlock to View Nominee director 25 Nov,2013
Shrikant Prakash Gathoo Unlock to View Unlock to View Whole-time director 03 Nov,2011

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