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Bharat Petroleum Corporation Limited (BPCL.BO)

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472.50-4.60 (-0.96%)
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  • Bloomberg

    India to Seek LIC Mega IPO Bank Proposals in June

    (Bloomberg) -- India is planning to ask for proposals from investment banks this month for the initial public offering of Life Insurance Corp. of India, according to people familiar with the matter.The government will send out invitations in the coming weeks for the share sale of the country’s biggest insurer, said the people, who asked not to be identified as the discussions are private. An offering could happen as soon as March 2022, the people said.Prime Minister Narendra Modi’s government is

  • India's BPCL may resume Iranian oil buying if no sanctions, needs concessions
    Reuters

    India's BPCL may resume Iranian oil buying if no sanctions, needs concessions

    India's state-run Bharat Petroleum Corp could annually take up to 2 million tonnes of Iranian oil if the OPEC member offers concessions to make its crude oil attractive compared to rival grades, a company official said on Thursday. BPCL was annually taking 2 million tonne of Iranian crude oil on average when Tehran was not under U.S. sanctions. Vijayagopal, however, said purchases of Iranian oil depends its pricing compared to the similar rival grades.

  • India's BPCL seeks two LNG cargoes for March delivery - sources
    Reuters

    India's BPCL seeks two LNG cargoes for March delivery - sources

    India's Bharat Petroleum Corp is seeking two liquefied natural gas (LNG) cargoes for delivery in March, three industry sources said on Monday. The refiner is seeking one of the cargoes for delivery into Dahej on March 14 and the other for delivery into Kochi on March 18-19, one of them said.