Last date to apply for Chemist Trainee/General Workman-B (Trainee) - Petrochemical positions is August 5, 2019
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
Dividend may be higher in the absence of buyback
BPCL last year raised the capacity of the Kochi refinery in southern India by about 63 per cent to 310,000 bpd
The company had earned a net profit of Rs 23.5740 billion in the same quarter a year ago
BPCL's Kochi refinery at its recent expansion to 15.5 mn tonnes per annum capacity produces 5,00,000 tonnes of polymer grade propylene
The past chairman, S Varadarajan, had told PTI in October 2015 that "the IPO would definitely happen next year (2016)"
Company officials added similar options under consideration for its remaining refineries
The project is in line with the government's national bio-fuel policy, which mandates 5 per cent blending of ethanol with petrol
The blaze erupted in the compressor shed of the hydrocracker plant, as per the company statement
BPCL the fire broke out in the compressor shed of a hydrocracker plant
The new bottling unit, being built at a cost of Rs 1.03 billion over 23 acres at Barkhani village, would generate direct and indirect employment for 80-100 people
Bharat Petroleum Corporation Limited (BPCL) has moved higher by over 4% at Rs 740, its highest level since November 2010, after the state-owned company said yet another well in the natural gas discovery block located at offshore Mozambique has struck good quality reservoir.
BPCL was the only one to submit the bid security of Rs 100 million
State run Bharat Petroleum Corporation (BPCL) reported a six percent decline in its net profit for the December 2017 ended quarter, a fall led by higher expenses.The state run oil marketer on Friday also said the company's board of directors also declared an interim dividend of Rs14 per equity share.For the October-December 2017 period, BPCL reported a standalone net profit of Rs21.43 Billion, 6% lower from Rs22.71 Billion reported in the same period a year back. Total income for the quarter under review was at Rs709.22 Billion, 10% higher from Rs646.46 Billion reported in the same period a year back. Total expenses on the other hand were 11% higher at Rs678.84 Billion, against Rs613.97 Billion reported in the corresponding quarter a year back.The company's average gross refining margins (GRM) for the December quarter was at$ 7.89 per barrel, against $5.90 per barrel reported for the corresponding quarter a year ago. GRM is the difference between the value of goods produced by an oil .
Due to the Maharatna status, the company will be able to raise cheaper funds
BPCL is the third-largest crude refiner and marketer of petroleum products in India
The state-run refiner total expenses in the quarter jumped 24% to Rs 66,309 crore
On May 31, BPCL issued a notice to Tej Pratap seeking an explanation on the petrol pump license
India aims to expand its refining capacity by 35% to 6.2 mn bpd to meet rising fuel demand