NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
Indian oil majors strike it rich again in Abu Dhabi blockA major announcement has emerged from the combined forces of Indian Oil Corporation and Bharat Petroleum Corporation regarding newfound oil...
Indian oil PSU's have global presence with net investments of $40.6 billion, across 21 countries, says Hardeep PuriIn New Delhi, Hardeep Singh Puri reviewed Indian PSUs' global footprint, including ONGC Videsh Ltd, IOCL, Oil India Ltd, BPRL, GAIL, and Pr...
Lenders to Videocon's oil arm to vote on four resolution plansThe resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.
VOVL gets 6-month extension for resolution planThe Mumbai bench of the National Company Law Tribunal (NCLT) has also allowed the resolution professional's plea to exclude the period duri...
BPCL logs ₹6,148 cr Q1 loss on holding retail fuel pricesLast month the Cabinet Committee on Economic Affairs approved an additional investment of $1,600 million (about ₹12,000 crore) by Bharat Pe...
BPCL unit's $1.6-billion investment in Brazilian oil block okayedBPRL has a 40% participating interest in the Brazilian block- BM-SEAL-11 - which is expected to start production in 2026-27. With 60% parti...
IOC-BPRL wins oil block in Abu DhabiIOC-BPRL won the block in Abu Dhabi's first-ever competitive bid round.
BPRL begins supply of crude to BPCL Kochi RefineryDuring July 2018, approximately 1 million barrels of BPRL’s share of equity crude oil from the Lower Zakum Concession was lifted by Bharat ...
OVL to hold 4 pc; IOC, BPRL 3 pc each in Abu Dhabi oilfieldBesides paying a signature bonus of USD 600 million, the three partners would bear 10 per cent of the planned USD 32 billion capex on the f...
HPCL joins talks to buy stake in Russian oil fieldsIndian Oil Corporation (IOC), Oil India (OIL) and Bharat PetroResources (BPRL), a unit of Bharat Petroleum Corporation, came in using the i...
- Bharat Petroleum set to become successful E&P player
Bharat Petroleum set to become a successful E&P company by end of the current decade.
- BPCL exploration arm to drill 16 wells this year
BPRL, a subsidiary of the state-run oil marketer Bharat Petroleum (BPCL), expects to drill 16 wells by the end of this fiscal.
- BPRL announces natural gas discovery in Mozambique
The Tubarao discovery well was drilled to a total depth of around 4,237-metres in water depths of approximately 900 metres.
- Videocon consortium strikes more gas in Mozambique
Videocon Industries and its partners including Amadarko, Cove Energy and BPRL have discovered gas in the Lagosta well in Mozambique.
- BPCL discovers 2nd natural gas reserves at Mozambique
State-owned Bharat Petroleum Corp said it has made a second natural gas discovery in a block off Mozambique, but did not give the scale of ...
- BPCL arm acquires stake in two Australia shale gas blocks
BPCL said Bharat PetroResources has entered into an agreement with Norwest Energy to pick up a stake in two shale gas blocks in Perth Basin.