A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
Tag: Bharat Petroleum Corporation
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Indian consortium to buy stake in Russian oilfield for $3.14 bn
Indian Oil Corp, Oil India and a unit of Bharat Petroleum Corporation (BPCL) will buy a 29.9 per cent stake in the Taas-Yuryakh oilfield in East Siberia for $1.12 billion and another 23.9 per cent in Vankor oilfield for $2.02 billion.
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BPCL to double refining capacity
Bharat Petroleum Corporation (BPCL) aims to double its refining margins once it completes the expansion and upgrade of its Kochi refinery in Kerala
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First cross-country pipeline to connect Bangladesh
Assam-based Numaligarh Refineries, a subsidiary of Bharat Petroleum Corporation, will shortly begin work on laying a product pipeline from Siliguri in West Bengal to Parbatipur in Bangladesh.
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BPCL to invest Rs 5k crore on gas transportation infra
State run oil marketing firm Bharat Petroleum Corporation (BPCL) is all set to make its footprints in creating gas transportation infrastructure pan India. The company is set aside Rs 4,000-5,000 crore to build the gas pipeline infrastructure over next 4-5 years
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Essar secures Rs 700 cr BPCL contract in Kochi refinery
Essar Projects (EPL) has bagged a contract worth Rs 700 crore from Bharat Petroleum Corporation (BPCL). The scope of work includes project management, residual process design, detailed engineering, procurement, fabrication, construction, commissioning, and performance testing of the Coke Drum Structure Package (CDSP) of the Delayed Coker Unit (DCU) at the BPCL Kochi Refinery for the Integrated Refinery Expansion Project.
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BPCL to deploy Rs 9 bn more on Kochi project
Prasad K Panicker, Executive Director of Bharat Petroleum Corporation (BPCL) Kochi Refinery informed that the firm would spend Rs 900 crore on a new LPG pipeline project and storage capacity project. While the state-run oil refiner would invest Rs 600 crore to set up a 229-km pipeline in Kochi Refinery, it would spend another Rs 300 crore at its Irumpanam unit to raise
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State-run OMCs avoid hedging oil purchase
State-run oil marketing companies (OMCs) avoid hedging their spot purchase of crude oil from the global market as it may work in either ways. This was mentioned in the recent report of the standing committee on petroleum and natural gas submitted to the Parliament recently. The report quoted Bharat Petroleum Corporation (BPCL) Chairman as saying that state-run oil firms, which undergo stringent audit by CAG, don't want to take the risk o
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NRL executes expansion project
Assam-based Numaligarh Refinery (NRL), a subsidiary of Bharat Petroleum Corporation (BPCL), is in the process of executing expansion projects in order to raise its refining capacity to 8-9 million metric tonnes per annum (mn mtpa) from 3.0 mn mtpa.
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BPCL set to begin work on refinery project
Bharat Petroleum Corporation (BPCL) is set to begin work on the Rs 14,000-crore integrated refinery expansion project at its Kochi facility. BPCL roped in LG Chemicals of South Korea as its joint venture partner for the petrochemicals complex, whic
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