Page 10 - Bpcl

BPCL privatisation: Initial bids close today, all eyes now on Reliance

Given the uncertain demand scenario, the investors are weighing if BPCL acquisition makes sense

Govt will not extend deadline to bid for state refiner BPCL: Report

The Centre has received a "sufficient and good response", according to sources

BPCL eyes doubling bunkering sales volume to 14 tmt with terminal upgrade

The country's second largest oil marketing firm Bharat Petroleum has upgraded its bunkering facility with five jetties that can now pump the oil into ships from the pipelines at the Marine Oil Terminal on the Butcher Island, off the east coast of the city. BPCL is the largest supplier of bunkering oil with around 60 per cent of the volume at JNPT, Mumbai Port and the two other harbours nearby the city consuming around 400thousand metric tonne(tmt) annually. And the sell-off bound national oil marketer expects to double its annual sales to 14 tmt from 7 tmt now after the updrade and complete mechanisaiton of the oil filling facilities now, S Jena, executive director, industrial & commercial at BPCL told PTI. On average, as many as 5,000 vessels berth at Mumbai, JNPT and the adjoining Digi and Dharamtarports annually, creating a bunkering business of close to 400tmt of VLSFO. The upgraded facility on the Jawahar Dweep, earlier known as the Butcher Island, will be used bunkering very

BPCL puts Bina refinery expansion plan on hold pending privatisation

BPCL wanted to install a residue fluid catalytic cracker at the Mumbai refinery and connect the plant with a new site where it wanted to build an ethylene cracker

BPCL Q2 net profit jumps 58% on refining margins, inventory gains

Privatisation-bound Bharat Petroleum Corp Ltd (BPCL) on Thursday reported 58 per cent jump in September quarter net profit on the back of inventory gains and a rise in refining margin

F&O expiry: L&T, HDFC twins drag Sensex 173 pts; Nifty settles at 11,671

All that happened in the markets today

BPCL to launch 2 high-end synthetic lubricant variants next week

Bharat Petroleum Corporation Ltd (BPCL) will next week launch two high-grade synthetic lubes for premium cars and bikes.

BPCL Trust for Investment in Shares sells scrips worth Rs 1,489 cr in BPCL

The BPCL Trust for Investment in Shares on Wednesday offloaded shares worth over Rs 1,489 crore in Bharat Petroleum Corporation Ltd (BPCL) through an open market transaction

BPCL plans to merge Bharat Oman Refineries with self before sell-off

In March, BPCL had increased its stake in BORL by conversion of Rs 650-crore worth of warrants into shares, raising its stake to 63.38 per cent from 50 per cent

BPCL considers raising engine oil market share to 13-14% by March

The second-largest national oil marketer is also expecting to increase its rural volumes to 60 per cent and above by the end of this fiscal, from 45-50 per cent now

Stuck with ITC, BPCL, Coal India in your portfolio? Track these levels

Here are the levels for the key underperformers during the recent rally you need to keep a tab on

Nifty placed at a crucial juncture: Sameet Chavan of Angel Broking

If these levels are taken out, this will certainly negate the bearish stance and then the indies can head higher.

BPCL privatisation: EOI deadline extended again; this time till Nov 16

This is the fourth time when the deadline for submission of EOI has been extended by GoI

BPCL tanks 6% as govt extends deadline to submit EoI to November 16

According to a Reuters report, Rosneft and Saudi Aramco are unlikely to bid in the privatisation of the state-owned refiner

Rosneft, Saudi Aramco unlikely to bid in BPCL privatisation: Report

A source said that Aramco has halted most of its investment plans into India due to the oil price crash and is unlikely to bid for BPCL

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

As of now, the last date to submit EoIs is September 30, and hence, RFP is expected to be ready by October 15.

BPCL pays up for defaulting Videocon Industries in Brazil oil block

In September 2008, BPCL and Videocon Industries had formed a 50:50 joint venture to acquire a Brazilian oil exploration firm for $283 million

Charts show bulls are making a strong comeback: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well on buy mode. The volatility index --India VIX -- has also started cooling down which is giving comforts to the bulls

Fitch says BPCL privatisation is 'event risk' over little info on bidders

Fitch Ratings said the potential privatisation of BPCL is an "event risk" as there is little information about bidders and potential transaction structure

Top headlines: EPFO to pay in instalments, Silver Lake to invest in RIL

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