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Bharat Petroleum
Bharat Petroleum is India's second largest oil company in terms of market share, and has a turnover exceeding Rs. 256 billion. Today  the company produces a diverse range of products, from Petrochemicals and Solvents to aircraft fuel and speciality lubricants and markets them through 4400 Petrol Stations, 960 Kerosene dealers and 1180 LPG distributors.
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Corparate Adress:
Bharat Bhavan, 4 and 6 Currimbhoy Road,
Ballard Estate,
Mumbai, MH, 400001
Phone : +91-022-22713000, 022-22714000
Fax : +91-022-22713874
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HPCL, BPCL, IOCL trade firm after government cuts excise duty on fuels
Posted on 4th October 2017
Shares of all three state-owned oil marketing companies (OMCs) were trading higher by up to 4% on BSE in early morning trade after the government cut the excise duty on both branded and unbranded petrol and diesel by Rs 2 a litre from Wednesday.

Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation (IOCL) have gained between 3% and 4%, extending their gains for the past 2 days on the BSE. Read More


Indian Oil, HPCL, BPCL eyeing electric vehicles, renewables business
Posted on 25th September 2017
Mumbai: Wary of being left behind in the race for renewables and electric vehicles, oil marketing companies are quietly drawing up plans to expand their modest presence in renewable energy space.

Indian Oil Corp. Ltd, the largest of the three big oil marketers, is exploring opportunities for setting up battery charging stations and battery replacement facilities for electric vehicles in its petrol pumps. “We are also looking at opportunities for manufacturing and retailing lithium-ion batteries,” the company said in its annual report for 2016-17. Read More


IOC, BPCL & HPCL shares tumble after Moody’s warns of rising debt burden
Posted on 20th September 2017
Shares of the state-run oil marketing companies IOC, BPCL and HPCL dived up to 2.8% after Moody’s Investors Service said that the state-owned fuel retailers have to increase borrowings. IOC, BPCL, and HPCL will have to go in for increased borrowings to sustain high dividend payments and capital spending this fiscal, keeping their credit metrics weak, Moody’s Investors Service said yesterday. Read More

IOC, BPCL,HPCL to borrow more to keep up capital spend:Moody’s
Posted on 19th September 2017
New Delhi: State-owned fuel retailers Indian Oil Corp. (IOC), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL) will go in for increased borrowings to sustain high dividend payments and capital spending this fiscal, keeping their credit metrics weak, Moody’s Investors Service said on Tuesday.

The rating agency expected dividend payments by the three companies to drop modestly in 2017-18, but remain higher than in 2015-16. The government expects to receive Rs67,500 crore of dividends from all state-owned companies in 2017-18, less than Rs77,000 crore estimated to have been received in 2016-17, but more than double than Rs30,800 crore in 2015-16. Read More


IOC, BPCL, HPCL stock dives as government may ask PSUs to bear further increase in oil price
Posted on 13th September 2017
Shares of the IOC, BPCL, and HPCL tumbled on the news that government may ask the oil marketing companies to absorb further increase in global crude oil prices. The stock of the nation’s largest company Indian Oil Corporation fell as much as 6.2% to the day’s low of Rs 408; shares of another state-run refiner Bharat Petroleum Corporation plunged 8.4% to the day’s low of Rs 489. Shares of Hindustan Petroleum Corporation lost 8% to the day’s low of Rs 443.7. Read More
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