Bharat Petroleum

State refiners scale up crude processing as fuel demand improves with easing of lockdown measures

Indian Oil Corp, the country’s top refiner, has raised crude processing at its plants to 60 percent capacity and aims to reach 80 percent by the end of this month, it said in a statement on Monday

Coronavirus Outbreak: India's March petrol sales fall 17%, diesel down 26% as economy declines after lockdown

The country’s consumption of liquefied petroleum gas or cooking gas rose 1.7 percent in March from a year earlier to about 2.3 million tonnes, they said.

Coronavirus impact: BPCL procures 500 mn barrels of 'opportunity' crude from distress sale after prices plunge

BPCL will not buy more such crude as it will make inventory management unwieldy, said R Ramachandran, director of refineries

Sensex recovers after plunging over 350 points in opening trade on US-Iran conflict; Nifty below 12,000-mark; Titan, L&T among top losers

At 10.30 AM, the Sensex was trading at 193.47 points or 0.47 percent down at 40,676 while the Nifty was trading 61.60 points down or 0.51 percent at 11,991.35.

Fuel prices up marginally: Petrol, diesel rates rise across four metros after plunge in US crude production

The change in the price of crude oil in the international market directly influences the price of crude oil in the domestic market and is one of the most important factors responsible for an increase in petrol prices in Indian domestic market.

Snapping ATF supplies to Air India: Indian Oil Corporation says doesn't have cash-surplus, says chairman

IOC chairman said the company provides 90 days credit to Air India but the dues have been mounting and this must be 240 days now.

Petronas, Japan's JXTG Holdings may buy stake in Bina oil refinery; BPCL plans to double unit's capacity

The Bina plant in central India, capable of processing 156,000 barrels per day (bpd) of crude oil, is operated by Bharat Oman Refineries Ltd.

Maharashtra to move planned $44 bn Saudi Aramco refinery after farmers' protest; new location not revealed

Stare-run oil companies and Saudi Arabian Oil Company, known as Saudi Aramco, have teamed up to build the $44 billion (Rs 3 lakh crore) refinery

Narendra Modi dedicates Bharat Petroleum's refinery expansion complex in Kochi to nation

Prime Minister Narendra Modi Sunday dedicated to the nation an integrated refinery expansion complex of the public sector Bharat Petroleum Corporation Limited at the Kochi Refinery.

PSU refineries plan major overhaul to produce cleaner fuels from 2020; move may force petrol, diesel imports next year

The refiners will have to shut diesel- and petrol-making units at their plants for 15 to 45 days to churn out Euro VI-compliant fuels from January 2020 to be able to sell them from April of that year.