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BPCL CAPEX
West Asia conflict fails to slow oil PSUs' capex pushIndian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments...- Q1 fuel losses may eliminate entire fiscal-year earnings of Indian OMCsSince the war broke out in the Middle East 10 weeks ago, state-owned oil marketing companies (OMCs) have ensured uninterrupted supplies of ...
- Q1 fuel losses may eliminate entire fiscal-year earningsDespite a 50 per cent surge in input crude oil prices, petrol and diesel continue to be priced at a two-year-old rate of Rs 94.77 a litre a...
- Rs 1,600-1,700 cr a day, Rs 1 lakh cr in 10 weeks: Cost of insulating India from global energy shockState-owned oil firms are incurring massive daily losses, estimated at Rs 1,600-1,700 crore, to shield Indian consumers from global energy ...
- Iran war forces city gas firms to redraw strategies amid gas supply squeeze, shift focus to PNG expansionCity gas companies are shifting focus to domestic gas and accelerating pipeline construction due to supply disruptions from the Iran war. T...
- BPCL to raise capex by 42% to expands refining, petrochemical capacityBPCL plans to boost its capital spending by 42% to ₹18,500 crore in 2025-26, with significant investments in refining, marketing, and petro...
- Bharat Petroleum's Russia oil intake share falls to 34% in Sept quarterBharat Petroleum Corp's intake of Russian oil dropped to 34% in the July-September quarter due to maintenance at its Bina and Kochi refiner...
- BPCL issues $120 mn tender offer to reduce debtState-run Bharat Petroleum Corporation Ltd (BPCL) has announced a tender offer to reduce lumpy debt refinancing pressure in 2027.
- BPCL to spend Rs 1.5 lakh crore as capex in next 5 yearsBharat Petroleum Corp (BPCL) has announced that it will invest about Rs 1.5 trillion in the next five years towards its transformative init...
- Fundraise by BPCL and Indian Oil to aid capex, emissions cut: FitchAnnouncements of plans to raise equity capital by Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation Ltd (IOC) - should...
- After BPCL, IOC announces rights issueAs part of its energy-transition goals, BPCL is also looking to expand its renewable power generation portfolio to 1GW by 2025 and 10GW by ...
- Indian Oil, BPCL exceed their capex targets this yearIndian Oil, the nation’s top refiner and fossil fuel retailer, has been spending on a variety of projects from refinery and petrochemical e...
- State-run oil companies plan to spend Rs 1.11 lakh crore in the next fiscalThe capex plan for 2022-23 is 6% higher than the current year target of Rs 104,620 crore, as per the budget document.
- 4 oil & gas PSUs exceed capex targets, spend Rs 57,000 crore in FY21State-run oil and gas companies accelerated project execution in later months, mobilizing contractors, workers, and equipment to project si...
- Fitch says BPCL privatisation is 'event risk' due to little infoWhile the government is selling its entire 52.98 per cent stake in BPCL, it intends to sell the firm's 61.7 per cent owned subsidiary, Numa...
- BPCL resumes work on over 2,100 projects worth Rs 50,300 crore capexThe company had last month said it would cut down on its Rs 12,500 crore capex plan announced earlier this year due to the lockdowns and wo...
- It is very difficult to predict the crude trajectory: K Sivakumar, BPCL says"We see the crude in the range of between 50-55 and definitely it is the geopolitical considerations will determine the price of crude. "
- BPCL says gas production from Mozambique not before FY21The company is also reworking the capex for the gas basin, following the massive drop in crude prices and a subsequent drop in exploration ...
- Bharat Petroleum to invest Rs 40,000 crore to up capacity to 50 mtpa by 2021BPCL has set a target of increasing its refining capacity to 50 million tonne per annum with an investment of Rs 40,000 cr over the next 5 ...
- BPCL to offer 51 per cent stake in proposed Kochi petrochem unit to LG ChemicalsBPCL which is setting up its first propylene unit in Kochi, said it is ready to offer 51 pc stake to its Korean jv partner LG Chemicals.
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