Bharat Petroleum Corporation Ltd News Today

On a quarter-on-quarter basis, the company’s net profit slipped 30.90% against ₹4,649 Crore in the previous quarter.

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BPCL informed that the joint venture will tackle several pressing environmental setbacks. This includes management of agricultural residue.

The deal is aimed at improving operational efficiency, expanding capabilities, and fuel innovation in the maritime sector.

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With a combined capacity of 706,000 barrels per day (bpd), BPCL's three refineries process roughly 35% to 37% of its crude oil, he said.

This victory strengthens Bharat Petroleum Corporation Ltd's stand towards renewable energy and the company's efforts to embrace clean energy sources in India.

It comes from non-petroleum sources such as ethanol. Compared to jet fuel, SAF has emitted 80% less greenhouse gas emissions.

BPCL’s EBITDA was reported at ₹4,547 crore, reflecting a 19.5% decrease from the previous quarter. The EBITDA margin stood at 4.4%.

At a cost of between ₹70,000 crore and ₹1 lakh crore, ONGC and BPCL independently intend to build a 12 mmtpa (million metric tons per annum) oil refinery each.