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BPCL to sell Numaligarh refinery stake for Rs 9,876 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Monday said it will exit Numaligarh refinery in Assam by selling its entire stake to a consortium of Oil India Ltd and Engineers India......

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore. The management of Bharat Petroleum Corporation (BPCL) on Monday......

PM dedicates Bina Refinery to nation

Prime Minister Manmohan Singh, who is on a day's visit to Madhya Pradesh, dedicated the world-class, 6-MMTPA Bina Refinery to the nation here today and said the country will increase its refining......

Oman Oil may pull out of Bina project

Close on the heels of British Petroleum's withdrawal from the Bhatinda refinery project, Oman Oil is likely to pull out of the Rs 9,000 crore (Rs 90 billion) Bharat Oman Refinery at Bina, Madhya......

BPCL, HPCL may share Bina equity

State-run Bharat Petroleum Corp has offered to take Hindustan Petroleum Corp as equal partner in the Rs 6,354 crore (Rs 63.54 billion) Bina refinery in Madhya Pradesh."We are willing to offer HPCL......

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