Petronet’s third-quarter net profit falls 27% to Rs 866.59 cr

Petronet's profits declined year-on-year amid a fall in topline.

2025-01-27 23:33:00 : New Delhi: Petronet LNG on Monday reported a 27.19 per cent decline in its consolidated net profit for the October-December quarter ₹866.59 Crore. During the same period in the previous financial year, the company’s net profit was ₹1,190.30 crore. In a first-class decline, its profits fell year over year. Operating income for … Read more

CMD G. Krishnakumar said that BPCL plans to improve 50 tons of oil refining capacity

CMD G. Krishnakumar said that BPCL plans to improve 50 tons of oil refining capacity

2025-01-27 11:10:00 : New Delhi : Bharat Petroleum Corp. LTD (BPCL) Chairman and Managing Director G. Krishnakumar said that after the newly -built refining and petrochemical consortium proposed by Anshraon, its refining capacity will reach about 50 million tons. The proposed oil refinery is expected to refine 9 million tons. Kricha Kuma added that India’s … Read more

Shipping may impact oil markets in the short term but not supply as US plans to pump more crude: BPCL CMD

AgentForce

2025-01-22 23:36:00 : Crude oil shipments are likely to become an issue for international energy markets as the United States announces new sanctions on two Russian oil producers and several vessels, but as the United States plans to produce more oil under Donald Trump’s presidency, So this is unlikely to happen. This has a significant … Read more