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BPCL shares gain after Q4 net profit doubles. Should you buy?Bharat Petroleum Corporation (BPCL) recorded a standalone net profit of INR 6,478 crore in Q4FY23. The figure more than doubled from the ye...- Oil consumption growing; investors not worried about EV, shale gas substituting oil: Vikas Halan, Moody’sHalan assesses financial health of upstream cos like ONGC, asset sales and Saudi Aramco's listing.
- ONGC Videsh raises $1.2 billion foreign loans to buy 15 per cent stake in Russia's VankorneftVankorneft, a subsidiary of Rosneft, was founded in 2004 to carry out the project of the Vankor field development, the largest field to hav...
- OVL gets Russian government's nod for $1.268 billion Vankor deal"We have received approval of the Federal Antimonopoly Service (FAS) for the deal," OVL Managing Director Narendra K Verma told PTI here.
- Indian refiners' credit metrics to improve in 12 months: Moody'sIndian Oil Corp and Bharat Petroleum Corp Ltd reported stronger normalised earnings (excluding the impact of foreign-exchange fluctuations).
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