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BPCL RIGHTS ISSUE
How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...- India denies RTI on Russia oil import data, cites strategic and commercial confidentialityInformation on Russian oil imports to India is being withheld. The Petroleum Planning and Analysis Cell cited commercial and confidential r...
- FM Sitharaman pushes equity support to oil firms to next fiscal yearFinance Minister Sitharaman has deferred the Rs 15,000 crore equity infusion for fuel retailers to support energy transition projects. The ...
- Fuel price cut reports speculative: BPCL"The global situation remains volatile. Therefore, it would be difficult to comment on when and whether the prices will be changed, at this...
- BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years; shares jump 5%Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to invest Rs 1.5-1.7 lakh crore in cap...
- Govt halves Budget support to oil firms, defers filling strategic oil reservesThe government has halved the equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy t...
- India set to halve oil refiners' FY24 energy transition equity supportIndia intends to slash equity investment to $1.8 billion in 2023/24 to aid state oil refiners' eco-friendly initiatives, aiming to restrain...
- India plans to ask ONGC to consider rights issue to fund HPCL: ReportThe comments come after India's finance minister announced a plan this year to provide equity of 300 billion rupees ($3.6 billion) to help ...
- We plan to invest ₹1.5 lakh crore in five years to expand operations: G Krishnakumar, BPCL chairmanThe state-run oil marketing company, which reported a consolidated profit of ₹10,644 crore in the first quarter ended June on the back of h...
- HPCL: Govt set to get significant stake post preferential issueThe Indian government is expected to hold a significant stake in Hindustan Petroleum Corporation (HPCL) after it exited the company in 2018...
- 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...
- 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 ...
- BPCL to raise Rs 18,000 crore via rights issue of sharesThe funds will be raised subject to receiving all the statutory approvals, the company said in an exchange filing.
- Indian Oil and BPCL pick rights issue, HPCL chooses preference share route to raise capitalIndian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL) plan to launch rights issues while Hindustan Petroleum Corporation (H...
- Trying to revive the west coast refinery project: Hardeep Singh PuriThe proposal was to set up Asia's largest refinery with a 60 million tonnes per annum (MTPA) capacity in Ratnagiri, Maharashtra. The projec...
- Not much upside left in BPCL: Sandip Sabharwal"BPCL is not a disinvestment bet for me," says Sandip Sabharwal
- RIL, Essar Oil vie for pipeline coPetronet India has decided to sell its 26% stake in PVKL through free bidding. The co controls the pipelines to evacuate products from RIL’...
- Oil ministry to oppose BPCL, HPCL selloffThe Petroleum Ministry which will be making a presentation in the next CCD meeting on the disinvestment of HPCL and BPCL is likely to oppos...
- DoD, oil min at loggerheads over BPCL, HPCL selloffNEW DELHI: A fresh row has broken out between the Department of Disinvestment and the Union petroleum ministry over the disinvestment in HP...
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