This newly formed joint venture between Oil India Ltd and BPCL will spearhead the rollout of compressed natural gas stations and piped natural gas services across Arunachal Pradesh, targeting households, businesses and industries as part of a broader push for clean energy access in the Northeast. Oil India Ltd (OIL) and Bharat Petroleum Corporation Ltd...
Tag: BPCL
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BPCL raises $600 million through bond sale
BPCL has raised $600 million by selling 10-year dollar bonds to investors in Asia and Europe. BPCLĂâs Singapore arm BPRL International Singapore Pte Ltd raised the money at 200 basis points above the 10-year US treasury which came to around 4.375per cent. The bond was raised at a rate which is among the best in 10 years. This issue is also expected to open the door for more Indian companies to raise money.
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HPC-led Skill Development Institute partners with NSDC under Skill India
Under the governmentĂÂŽs Skill India mission, oil PSUs have initiated skill development initiatives for unemployed youth. Oil PSU members, viz., HPCL, IOCL, BPCL, ONGC, OIL, GAIL, EIL and Balmer Lawrie have come together to set up a Skill Development Institute in Visakhapatnam (SDI-Vskp).
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LNG terminal on the back burner
Two years after Oil and Natural Gas Corporation (ONGC), with its consortium partners Bharat Petroleum Corporation Limited (BPCL) and Japanese conglomerate Mitsui, signed a memorandum of understanding (MoU) to set up a regasification liquefied natural gas (LNG) terminal at New Mangalore Port, the project is again on the back burner.
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MSRTC files pliant against HPCL, BPCL, IOC
The Maharastra State Road Transport Corporation (MSRTC) has complained to state Legal Metrology Department (LMD), accusing HPCL, BPCL and IOC of ĂÂŽshort deliveryĂÂŽ. Chief Vigilance Officer (CVO) of MSRTC Vineet Agrawal said a complaint was lodged with LMD on September 19.
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Open Sesame!
Public Sector Units (PSUs) will be pushing the growth engine of the country, be it through almost 18 lakh acres of land reserves with these companies or the cash reserves of almost Rs 2,00,230 crore kept as bank deposits by these enterprises.
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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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BPCL to invest Rs.13,000 cr in overseas projects
Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs13,000 crore in energy exploration and production in Mozambique and Brazil over the next four years.
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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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Re-igniting the spark
With government taking initiative to de-bottleneck the energy sector growth and boost countryĂÂŽs economy, oil and gas majors are busy addressing risk factors and multitasking to integrate their business model in order to ensure future growth, says Pradeep Pandey.