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In 2024, Bharat Petroleum continued to strengthen its ties with Russia, despite international sanctions imposed on Moscow following its invasion of Ukraine in 2022. [19] [20] BPCL held discussions with Russian oil giant Rosneft to secure a long-term deal for up to 6 million metric tons of crude oil. Indian refiners, including BPCL, capitalized ...
It is one among the two refineries in India to have two CCRs producing high octane unleaded petrol. Currently, the refinery processes around 14.65 million tonnes of crude per year. The company revenues stood at ₹60,062.02 crore (US$8.4 billion) in 2020. [2]
BP increased its dividend by 10% year-on-year in early 2024 and accelerated share buybacks. It has already announced $1.75 billion before reporting first quarter results and intends to announce a $3.5 billion share buyback in the first half of the year. [179] Murray Auchincloss became CEO in January 2024. [180]
In August 1977, the company was given its permanent name, viz. Bharat Petroleum Corporation Limited (BPCL). The installed capacity of 5.25 million tonnes per year was increased to 6 million tonnes per year in 1985. The present refining capacity of the refinery is 6.9 million tonnes per year.
Bharat Gas Resources Limited (BGRL) is a wholly-owned subsidiary of Bharat Petroleum Corporation Limited (BPCL), India's second-largest oil marketing company [1] led by the Ministry of Petroleum and Natural Gas, Government of India. [2] [3] It was amalgamated with the parent with effect from 16 August 2022. The Corporate Affairs Ministry issued ...
Pages in category "Companies listed on the Bombay Stock Exchange" The following 200 pages are in this category, out of approximately 646 total. This list may not reflect recent changes .
It is the largest public sector refinery in India with a production capacity of 15.5 million tonnes per year. [2] Formerly known as Cochin Refineries Limited and later renamed as Kochi Refineries Limited, it was acquired by Bharat Petroleum Corporation Limited in the year 2006. [3]
The Indian Oil Group owns and operates 11 of India's 23 [29] refineries with a combined refining capacity of 80.7 million tonnes per year. [30] Indian Oil's cross-country pipeline network, for the transport of crude oil to refineries and finished products to high-demand centres, spans over 13,000 km.