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Web directory > Chemicals > Bharat Petroleum
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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IOC, BPCL, HPCL gain up to 3% ahead of board meeting on interim dividend
Posted on 23rd March 2017
Shares of oil marketing companies (OMCs) such as Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) were trading higher by up to 3% on BSE ahead of their board meetings today to consider the interim dividend.

“The board of directors of the company would consider declaration of second interim dividend for the financial year 2016-17 on March 23, 2017 and record date to be considered,” these companies have said in a separate regulatory filing. Read More


Bharat Petroleum plans to enter travel business with Happy Roads start-up
Posted on 17th March 2017
Bharat Petroleum Corp. Ltd (BPCL), India’s second largest oil marketing company, is planning to enter the travel business with its personal travel offering, Happy Roads, which would help travellers plan and execute road trips, two senior company officials said.

BPCL is looking to launch the app in about two months, the executives said, requesting anonymity. Through the app, the state-run company hopes to draw more millennials, seen as being attuned to travelling by road, into its customer base. Read More


Government's plan to create an integrated oil company may see ONGC taking over HPCL or BPCL
Posted on 22nd February 2017
NEW DELHI: The government’s plan to create an integrated oil company will likely involve Oil and Natural Gas Corp taking over either Hindustan Petroleum Corp (HPCL) or Bharat Petroleum Corp (BPCL) but won’t result in a mega merger leading to the creation of an industry giant.

In his February 1 Budget speech, FM Arun Jaitley had said the government proposes to “create an integrated public sector oil major which will be able to match the performance of international and domestic private sector oil and gas companies”. Read More


Debt pain of Indian Oil, Bharat Petroleum eases as fuel reforms pay off
Posted on 20th February 2017
Mumbai: Lower oil prices and the scrapping of fuel subsidies have allowed India’s biggest energy companies to slash borrowings to the lowest in at least eight years.

Total debt at Indian Oil Corp., the nation’s largest refiner, stood at Rs419 billion ($6.2 billion) at the end of September, down from Rs863 billion rupees in March 2014, according to the most recent data from company filings. Liabilities at Hindustan Petroleum Corp., the third-biggest fuel retailer, shrunk 65% in the same period, the data show. Read More


Bharat Petroleum plans to raise Rs 2,000 crore
Posted on 18th February 2017
State-run oil marketing company Bharat Petroleum Corporation Ltd (BPCL) on Friday said that it plans to raise up to Rs 2,000 crore through private placement of secured non-convertible debentures during the current financial year.

The company informed the Bombay Stock Exchange (BSE) that last year its shareholders had approved "private placement of non-convertible bonds/debentures and/or other debt securities". Read More

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