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BPCL AND OIL VENTURE
BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JVState-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its ...- BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen businessBharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into ...
- Seven Naga groups oppose Centre-Assam-Nagaland energy deal before settlement of issuesNaga groups are opposing a new energy exploration deal between the Centre, Assam, and Nagaland. They argue that natural resource ownership ...
- BPCL Q4 Results: Cons PAT jumps 28% YoY to Rs 5,625 crore; revenue rises 6%BPCL reported a 28% YoY jump in Q4 consolidated PAT to Rs 5,625 crore, with revenue rising 6.3%. Full-year net profit surged 94% to Rs 25,8...
- IOCL, BPCL, and HPCL to take 35% stake in shipping freight joint venture with SCIIndia's major oil companies and the Shipping Corporation of India are joining forces. This new venture will acquire ships to transport crud...
- BPCL and OIL sign joint venture agreement for city gas distribution in Arunachal PradeshBharat Petroleum and Oil India have partnered to form a joint venture for developing a gas distribution network in Arunachal Pradesh. This ...
- Abu Dhabi gives onshore block production license to India's IOC-BPCL JVAbu Dhabi has granted oil and gas production rights for an onshore block to a joint venture of Indian state-run refiners Bharat Petroleum C...
- BPCL subsidiary gets NCLT nod to take over Videocon OilBharat PetroResources secured the acquisition of Videocon Oil Ventures by matching offers and paying upfront, resulting in minimal creditor...
- NCLT approves BPCL subsidiaries acquisiton of VoVL"The argument raised...that ROFR acts against there being a level playing field is equally fallacious. Being fully aware of the ROFR availb...
- Indian Oil Corp to raise up to Rs 22,000 crore via rights issueThe capital infusion by the government would strengthen the green ambitions of all three companies, which already have set net-zero targets...
- VoVL’s lenders vote in favour of resolution plan by BPCLThe resolution professional will submit the plan to the National Company Law Tribunal (NCLT) for approval. The resolution of VoVL will be a...
- BPCL agrees to match Brazilian companies' bids for two VOVL Oil assetsBPCL's subsidiary BPRL Ventures BV had entered into a 50:50 joint venture with Videocon's subsidiary Videocon Energy Brazil for oil and gas...
- Rosneft sends JV feelers to PSU refiners for India unitRussian energy company Rosneft is reportedly looking to develop a greenfield refinery in India in partnership with state-owned local refine...
- VoVL lenders green light sale of oil basins to two Brazil firms, with a riderBrazilian gas operators Eneva S A and PetroRio have been approved to buy two and one oil basins, respectively, from oil and gas exploration...
- BPCL pays for defaulting Videocon in Brazil oil blockIn September 2008, BPCL and Videocon Industries had formed a 50:50 joint venture to acquire a Brazilian oil exploration firm for USD 283 mi...
- BPCL, HPCL take 25% stake each in IOC's Rs 10,000-crore LPG pipeline projectIOC, which had in 2016 proposed laying of the pipeline, will hold the remaining 50 per cent stake.
- Low crude oil prices help BPCL's marketing business, make analysts bullish on stockBPCL has been a major beneficiary of the fall in crude oil prices and the resultant fall in underrecoveries in petroleum products.
- Petron Engineering bags Rs 84 crore contract from Bharat Oman RefineriesPetron Engineering Construction has bagged a Rs 84.27 crore contract from Bharat Oman Refineries for mechanical work at Bina Refinery in Ma...
- BPCL files DRHP for JV setting up refinery in MPBharat Petroleum Corp Ltd on Friday filed papers for an initial public offering of a joint venture company that is setting up a Rs 10,400-c...
- Oil firms eye Brazilian shores for acquisition of ethanol acreageAcquisition of sugarcane acreage in Brazil is next on the agenda for oil companies such as BPCL, IOC, HPCL and ONGC Videsh, who have so far...
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