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Topic result for bharat-petroleum-corporation-ltd

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BPCL May Buy Out Oman Oil From Bina Refinery Before Disinvestment

New Delhi: Disinvestment-bound Bharat Petroleum Corporation Ltd (BPCL) may buy out the entire stake of OQ, the erstwhile Oman Oil Company (OOC), in its refinery joint venture in Madhya Pradesh, the Bharat Oman Refineries Ltd (BORL). Government sources said that the BORL became a subsidiary of BPCL in March this year and the next step […]

BPCL Strategic Disinvestment To Sail Through Without Further Extensions

New Delhi: Government is confident that the strategic sale of Bharat Petroleum Corporation Ltd (BPCL) may go through without any further need to extend the bidding deadlines. The deadline for submitting the Expressions of Interest (EoI) for 52.98 per cent stake in the BPCL will end on July 31. BPCL disinvestment has received interest from […]

Saudi Aramco Still Undecided On BPCL Stake Purchase

New Delhi: World’s largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where the government intends to sell its entire 53.29 per cent stake to a strategic investor. Sources privy to the development said that Aramco, which kicked […]

BPCL privatisation: Past challenges push govt to get fresh legal opinion

New Delhi: It may still be a long road ahead for privatisation of public sector oil refiner Bharat Petroleum Corporation Ltd (BPCL). The possibility of legal challenge over any plan to sell the government stake in the oil PSU has pushed executives and government officials to seek fresh legal opinion on the proposed disinvestment move. […]

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3 investment projects get Single Window clearance

Bhubaneswar: State Level Single Window Clearance Authority (SLSWCA) today accorded in-principle approval to three investment projects worth Rs 874 crore. Approving the projects at the SLSWCA meeting, chief secretary Aditya Prasad Padhi directed the concerned departments to facilitate early take-off of these projects by expediting the process for various compliances. Briefing newsmen after the meeting, […]