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Bharat Petroleum Corporation Ltd has been ranked 12th in the “The Best Companies for Sustainability and CSR” list. The government's move to sell its 52.98% stake in Bharat Petroleum, the country's second-biggest oil refiner, could help it bridge its widening fiscal gap. Moderate growth potential and overvalued. India has the world's third-highest caseload of coronavirus infections after the United States and Brazil, and a strict lockdown imposed in March has been eased in parts in recent weeks but economic activity is far from a full restart.The government's move to sell its 52.98% stake in Bharat Petroleum, the country's second-biggest oil refiner, could help it bridge its widening fiscal gap. According to company insiders, almost 60 per cent of the total 11,894 employees could be eligible to avail of the scheme. The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on July 23 and will close on August 13.; A senior company official said the VRS has been brought to … Oil minister Dharmendra Pradhan said last November that international energy firms were set to take part in the bidding process. Centre Extends Bidding Deadline For Bharat Petroleum To September 30; Emmys 2020 To Be Held Online Because Of COVID-19; Hiroshima Court Recognizes Victims of Radioactive ‘Black Rain’ as Atomic Bomb Survivors Oil PSU Bharat Petroleum (BP) has raised petrol prices by almost 12 paise a litre at select fuel pumps here designated as platinum outlets.India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.India`s Bharat Petroleum Corp Ltd (BPCL) has offered its first Euro III diesel cargoes for export, as domestic inventory stands at high levels due to weak demand, trade sources said on Friday.An Air India official said that the oil companies have sought to increase the payment amount, citing everyday increase in oil prices.Petrol and diesel price will change on a daily basis by a few paisa per litre depending on movement of oil prices in international market and variation in foreign exchange rates.PSU major Bharat Petroleum Corporation Limited holds 61.65 percent stake in NRL, while Oil India Ltd and the Assam government have 26 percent and 12.35 percent shareholdings respectively in the firm.Fitch Ratings Wednesday reaffirmed Bharat Petroleum Corporation's long-term forex issuer default rating and that of its outstanding senior unsecured debt at 'BBB-' with a stable outlook.India has traditionally been a net exporter of fuel oil, the residue oil left after initial crude refining that is typically used in shipping and power generation.Starting Friday, petrol as well as diesel prices across the country will be revised on a daily basis in sync with international rates as happens in most advanced markets.Twelve teams, including seven from outside Mumbai, are to compete for the top prize of Rs 3 lakh.Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins.Bharat Petroleum Corp Ltd (BPCL) Wednesday reported a 50 percent drop in its September quarter net profit as refining margin dipped on slumping international oil prices.STF busted a racket of petrol pump owners in Lucknow, UP who were using electronic chip in dispensing machines to dupe the customers.The PSU has earmarked a whopping Rs 1 trillion capex by 2021 under 'Project Sankalp', primarily focusing on brownfield expansion.A consortium that includes Bharat Petroleum and Videocon Industries has made a significant crude oil discovery off the Brazil's Northeast coast.India on Friday joined the league of select countries like the US and Australia where fuel prices are revised on a daily basis.Indian Oil Corp, Oil India and Bharat Petroleum today signed an agreement to buy stakes in Russia's Taas-Yuriakh oil field in East Siberia for about USD 1.3 billionNow you can easily pay fuel and LPG at Bharat Petroleum Corporation Limited (BPCL) retail outlets across the country using Ola Money.Country's third largest oil marketeer Bharat Petroleum Corporation (BPCL) has ruled out tying up with private players, saying the PSU has enough capabilities for expanding its retail presence on its own.In a setback to Bihar minister and RJD chief Lalu Prasad's son Tej Pratap, Bharat Petroleum has issued a notice to him. Breaking News. As reported by Reuters, Bharat Petroleum Corp. has said it plans to restart a 200 000 bpd crude unit at its 310 000 bpd refinery in Kochi in the southern Indian state of Kerala by the end of this month following a three-week maintenance shutdown. Should you invest in Bharat Petroleum (NSEI:BPCL)? (Writing by Zeba Siddiqui in MUMBAI; Editing by Philippa Fletcher)It was extended "in view of further requests from the interested bidders and the prevailing situation arising out of COVID-19," the ministry said in a statement, marking the second such extension since May. BHARAT PETROLEUM CORPORATION LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/06/2020 ,inter alia, to consider and approve Board meeting intimation to consider Audited Financial Results for the year ended 31.3.2020 . Bharat Petroleum Corp on Wednesday said it will invest 45.88 billion rupees ($741.44 million) to diversify into the petrochemicals business, a move that will help the state refiner expand beyond refining and retailing and boost margins. It covers industries as diverse as automobiles, banks, FMCG, infrastructure, information technology, metals and mining, oil, power, steel, pharmaceuticals, telecommunications and others.