BPCL says can buy 2 MT of Iranian crude freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Oil Refiners Set To Curb Spot Buying To Make Room For Iranian Oil Oil Refiners Set To Curb Spot Buying To Make Room For Iranian Oil State-run Bharat Petroleum Corp, which plans to tap the spot market for 45 per cent of its overall imports, will buy Iranian oil if sanctions are lifted.
India used to be Iran s second-biggest oil client after China
Oil refiners, anticipating a lifting of U.S. sanctions, plan to make space for the resumption of Iranian imports by reducing spot crude oil purchases in the second half of the year, company officials told Reuters. The world s third-largest oil consumer and importer halted imports from Tehran in 2019 after former U.S. President Donald Trump withdrew from a 2015 accord and re-imposed sanctions on the OPEC producer over its disputed nuclear programme. U.S. President Joe Biden s administration and Iran have been involved in indirect talks to revive the pact for Tehran to curb its nuclear activities in exchange for a lifting of sanctions.
: Tuesday, April 20, 2021, 12:14 PM IST
BPCL conducts a webinar on Biofuels â A Way Forward to commemorate the 75th Anniversary of India s Independence in Aug. 2022
To commemorate the monumental occasion, AzadiKaAmrutMahotsav was launched by the Prime Minister Narendra Modi on 12th March 2021 to honour 91 years of Dandi March
Bharat Petroleum Corporation Limited (BPCL), a âMaharatnaâ and a Fortune Global 500 Company organized a Webinar on Biofuels â A Way Forward as part of âAzadiKaAmrutMahotsav to commemorate the 75th Anniversary of India s Independence in August 2022.
The webinar was conducted under the guidance and direction of the Ministry of Petroleum and Natural Gas (MoP&NG), Government of India (GoI). The webinar witnessed presence and key notes addressed by industry experts. The purpose was to create awareness and nudge the public towards adopting biofuels as a new source of energy. It was also to create confidence among entrepreneurs to take u
BPCL stock down by 4% mainly due lower than expected dividend
State-run Bharat Petroleum Corporation Limited (BPCL) is one of the frontrunners for privatisation. So, it was expected that the company would offer a dividend more than Rs 50-60 per piece, but the company announced a second interim dividend of Rs 5 per share for the fiscal year 2021.
In an exchange filing, the company said, The Board of Directors has declared 2nd Interim Dividend of Rs 5 per equity share of face value Rs 10 each for the Financial Year 2020-21.â
Post this announcement, the stock of BPCL was trading low. At around 12.20 am, it was trading at Rs 432.60 per piece. It was down by around 4.40 per cent or 19.95 points at 12.30 am.