Companies News

BPCL To Invest $18.16 Bn Over Next Five Years

Bharat Petroleum Corp (BPCL) revealed plans to invest USD 18.16 billion over the next five years to expand its oil business and bolster its renewable energy portfolio. The announcement was made by Chairman G Krishnakumar during the company’s annual shareholders meeting on Monday. India, being the world’s third-largest emitter of greenhouse gases, has witnessed a […]

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Moody’s Affirms Stable Ratings Outlook For Oil Firms IOCL, BPCL, HPCL

Moody’s Investors Service has kept the outlooks on the ratings for three-oil refining and marketing companies — Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Ltd. (HPCL) — stable. “The rating affirmation reflects our views that the operating performance of the state-owned refining and marketing companies will continue to […]

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