Press release
BPCL Puts Up Gasoil Cargo for Sale After Over a Year
BPCL, Gasoline, BPCL News,
BPCL plans to sell around 40,000 metric tons of gasoil with a sulphur content of 10ppm. This cargo is set to be loaded from Kochi on October 26-27. Interested parties can submit their bids until October 3, and BPCL will finalise the sale on that day.
Historical data indicates that BPCL had made similar offers for 10ppm sulphur gasoil cargoes back in April 2022. Those cargoes were meant for delivery between July 2022 and January 2023.
The recent decision to offer gasoil might stem from increased overseas profits, even though domestic charges witnessed a decline last week. Recent deals for gasoil originating from India in October are priced at around $6 more per barrel than the rates in the Arab Gulf region, marking an increase from the $4 premium seen for September deals.
Previously, the government-owned refiner had expressed interest in purchasing gasoil cargoes for delivery to its Mumbai refinery in late June to early July. This might have been due to scheduled upkeep activities for some of its diesel-producing sectors at the Kochi refinery.
As of now, BPCL has not issued any comments on this matter.
Bharat Bhavan, 4 and 6 Currimbhoy Road, Ballard Estate, Mumbai 400001, Maharashtra, India
Bharat Petroleum Corp (BPCL) is a well-known refiner and seller of petroleum products in India. Our goal is to be a leading global energy company that uses the best talent and technology. We put our customers first and always aim to give excellent service. Besides energy, we find ways to help society and the environment. Our team focuses on health, safety, and being eco-friendly. We believe in growing and learning always.
We offer various products like fuel, Bharatgas (a popular LPG service), MAk Lubricants, and aviation services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release BPCL Puts Up Gasoil Cargo for Sale After Over a Year here
News-ID: 3248268 • Views: …
More Releases from Bharat Petroleum Corporation Limited
BPCL Records Highest Ethanol Blending in Q1 FY 24-25
Bengaluru: Bharat Petroleum Corporation Limited (BPCL) has achieved a record average ethanol blending percentage of 14.14% in the first quarter of the financial year 2024-25. During this period, BPCL reported market sales of 13.16 million metric tonnes, a 3.22% increase from 12.75 million metric tonnes in the first quarter of 2023-24.
While the company saw growth in market sales, there was a significant drop in net profit compared to the same…
Bharat Petroleum Starts Bio Gas Projects in Chhattisgarh with Local Partners
In an initiative to promote clean energy, Bharat Petroleum Corporation Limited (BPCL), a Fortune 500 Maharatna Energy Company, has taken a significant step towards sustainability by signing a Memorandum of Understanding (MoU) with the Chhattisgarh Biofuel Development Authority and Municipal Corporations of Raipur and Bhilai.
This collaboration aims to establish Compressed Bio Gas (CBG) plants in Chhattisgarh, marking a major move towards reducing carbon emissions and enhancing clean energy production.
The…
Tata Passenger Electric Mobility and Bharat Petroleum Corporation Announce a Lan …
In a significant move towards bolstering India's electric vehicle (EV) infrastructure, Tata Passenger Electric Mobility Ltd (TPEM) and Bharat Petroleum Corporation Ltd (BPCL) have joined forces to establish 7,000 public EV charging stations across the nation. This initiative aims to revolutionize the EV landscape and accelerate India's journey towards e-mobility.
Under this partnership, signed through a memorandum of understanding, TPEM and BPCL will leverage their respective strengths. BPCL's extensive network of…
Bharat Petroleum Corporation Limited (BPCL) Campaigns Against Plastic Use
REDUCING PLASTIC POLLUTION
AS WE ALL KNOW USE OF PLASTIC CONTRIBUTES TO A GREAT DEAL OF SOIL AND WATER POLLUTION. MILLIONS OF TONS OF PLASTIC WASTE ARE BEING DUMPED INTO OUR OCEANS EACH YEAR. THIS IS AFFECTING NOT JUST THE WATER BUT ALSO MARINE LIFE.
WHAT MAKES PLASTIC HAZARDOUS IS, IT IS BASICALLY A NON BIODEGRADABLE PRODUCT.
OTHER THAN SOIL AND WATER, PLASTIC POLLUTION ADVERSELY AFFECTS HUMANS AND WILDLIFE ALSO.
BPCL…
More Releases for BPCL
BPCL Records Highest Ethanol Blending in Q1 FY 24-25
Bengaluru: Bharat Petroleum Corporation Limited (BPCL) has achieved a record average ethanol blending percentage of 14.14% in the first quarter of the financial year 2024-25. During this period, BPCL reported market sales of 13.16 million metric tonnes, a 3.22% increase from 12.75 million metric tonnes in the first quarter of 2023-24.
While the company saw growth in market sales, there was a significant drop in net profit compared to the same…
White Oil Market Pegged for Robust Expansion During 2024 - 2031 | Bharat Petrole …
Market Overview:
The global white oil market is estimated to be valued at USD 1.74 Bn in 2024 and is expected to reach USD 2.41 Bn by 2031, growing at a compound annual growth rate (CAGR) of 4.8% from 2024 to 2031.
Market Dynamics:
The white oil market is expected to propel owing to increasing demand from pharmaceutical industry where it is used as an emollient and lubricant in ointments, lotions and other…
Bharat Petroleum Corporation Limited (BPCL) Campaigns Against Plastic Use
REDUCING PLASTIC POLLUTION
AS WE ALL KNOW USE OF PLASTIC CONTRIBUTES TO A GREAT DEAL OF SOIL AND WATER POLLUTION. MILLIONS OF TONS OF PLASTIC WASTE ARE BEING DUMPED INTO OUR OCEANS EACH YEAR. THIS IS AFFECTING NOT JUST THE WATER BUT ALSO MARINE LIFE.
WHAT MAKES PLASTIC HAZARDOUS IS, IT IS BASICALLY A NON BIODEGRADABLE PRODUCT.
OTHER THAN SOIL AND WATER, PLASTIC POLLUTION ADVERSELY AFFECTS HUMANS AND WILDLIFE ALSO.
BPCL…
Swachh Bharat Abhiyan – A way of living at BPCL
A clean India would be the best tribute India could pay to Mahatma Gandhi on his 150 birth anniversary in 2019,” said our Hon. Prime Minister Shri Narendra Modi as he launched the Swachh Bharat Mission at Rajpath in New Delhi on 2nd October 2014.
As part of its Corporate Social Responsibility (CSR) activities, Bharat Petroleum is actively participating in the Swacch Bharat Abhiyan, an initiative flagged off by Prime Minister…
SBR Modified Asphalt Emulsion Market global outlook and forecast 2021 -2027|BPCL …
The Global SBR Modified Asphalt Emulsion Market research report is a careful examination of the worldwide industry which has been a region of enthusiasm for a SBR Modified Asphalt Emulsion makers, organizations, authorities, chiefs, and likely speculators, and analysts. The report profoundly lights up noteworthy features in the business, including a contention situation, condition, portions, showcase size, share, gainfulness, development potential, and advancements.
The report likewise spins…
Calcined Pet Coke Market Key Players Atha Group, IOCL, BPCL, Mangalore Refinery …
Market Overview
The global production of petroleum coke has been increasing in the last few years, this is due to the rising supply of heavy crude oils in the global market. The market for the petroleum coke is classified between the green coke and the calcined coke. Green petcoke is used as a fuel whereas calcined petcoke used as a feedstock for wide range of the products such as aluminum, paints,…
