BPCL signs pact with Brazilis Petrobras to diversify crude oil sourcing

[ad_1] BPCL, which gets majority of its supplies from west Asian nations such as Iraq and Saudi Arabia, is looking to diversify its sources of supply BPCL, which gets majority of its supplies from west Asian nations such as Iraq and Saudi Arabia, is looking to diversify its sources of supply State-owned Bharat Petroleum Corporation […]

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Losses on petrol, LPG end; continue to incur loss on diesel sales: BPCL chairman

[ad_1] A moderation in international oil prices has helped Indian fuel retailers to break even on petrol and domestic cooking gas LPG but they continue to lose money on diesel, the most used fuel in the country, an official said on Monday. State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and […]

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Fitch flags fears from fuel price freeze for OMCs

[ad_1] ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ Oil marketing companies’ (OMCs’) losses on account of frozen retail fuel prices and the prospect of prolonged ‘State interference’ in pricing decisions pose a negative risk […]

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Parliamentary proceedings | Profit of oil companies increased manifold: Centre tells Rajya Sabha

[ad_1] LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister The profits of oil marketing companies has increased manifold, according an answer tabled in Rajya Sabha […]

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Kerala HC quashes BPCL ‘s order barring employees from enrolling in post-retirement medical scheme

[ad_1] Petitioners pointed out that the scheme was introduced in view of occupational hazards arising from the employment Petitioners pointed out that the scheme was introduced in view of occupational hazards arising from the employment The Kerala High Court has directed Bharat Petroleum Corporation Limited (BPCL) to continue to provide the Post Retirement Medical Benefit […]

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