Bharat Petroleum Corporation Limited (BPCL.BO)

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News

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.
Reuters
Vedanta says interested in buying government's stake in BPCL
India's Vedanta Ltd, the billionaire Anil Agarwal-controlled metals-to-oil conglomerate, said on Wednesday it was interested in buying the government's stake in the state-run Bharat Petroleum Corp Ltd, India's largest fuel retailer. “Vedanta's expression of interest (EoI) for BPCL is to evaluate potential synergies with our existing oil & gas business," the company said in a statement, adding that The EoI was at a "preliminary stage and exploratory in nature."
Reuters
India will not extend deadline for BPCL bids - sources
The Indian government has received a "sufficient and good response" regarding the privatisation of state refiner Bharat Petroleum Corp Ltd and will not extend the deadline for private firms submitting initial bids, two sources said on Monday. The government had extended the deadline for bids for BPCL, one of India's most profitable state-owned companies, as the pandemic delayed the process that was initially expected to be completed by October. The deadline to submit bids to buy the government's entire stake in BPCL is Nov. 16.