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India's BPCL buys Middle East grades to replace Russian shortfall
State-run Indian refiner Bharat Petroleum Corp is buying Middle Eastern crude to make up for less supply of cheaper Russian oil, its head of finance Vetsa Ramakrishna Gupta said in a recent interview.
BPCL purchases Middle East oil to offset Russian supply shortfall
Bharat Petroleum Corporation (BPCL) is reportedly shifting its focus to Middle Eastern crude oil to address a shortfall from Russian suppliers, reported Reuters, citing BPCL head of finance Vetsa Ramakrishna Gupta. Big Tech will lean heavily into AI agents in 2025. Here's what they can do.
Indian BPCL Boosts Middle East Oil Purchases as Russian Supply Dwindles
India's BPCL is buying less Russian crude oil and looking to the Middle East for alternatives due to recent supply shortfalls.
BPCL Turns To Middle Eastern Crude Amid Russian Oil Supply Shortage
Bharat Petroleum Corp is increasingly relying on Middle Eastern crude, including Omani oil, to make up for a shortage in its Russian oil supply, according to the company’s head of finance, Vetsa Ramakrishna Gupta.
BPCL buys Middle East crude oil to replace declining supply from Russia
India became a top buyer of Russian seaborne oil after the European Union shunned purchases and imposed sanctions on Moscow following its invasion of Ukraine in 2022
5m
Jet fuel price cut by 1.5%, commercial LPG rates down ₹14.5 per cylinder
Aviation turbine fuel (ATF) and commercial LPG prices reduced in Delhi and Mumbai, following monthly revisions by state-owned ...
5d
on MSN
BPCL plans $11 billion refinery proj in South India
India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and ...
ET Auto
23h
Indian refiner boosts Mideast oil imports as Russian flows slow
We are short of three, four Russian cargoes for January-loading and February-delivery,” Bharat Petroleum Corp. Finance ...
11d
on MSN
Bharat Petroleum buys 1 million barrels of Argentinian crude oil for the first time
Bharat Petroleum Corp Ltd has acquired its first crude oil cargo from Argentina, a 1-million-barrel Medanito shipment for ...
Crude Oil Prices
4d
India’s BPCL to Invest $11 Billion in New Refinery Complex
BPCL plans to invest $11 billion in a new refinery and petrochemical complex in southern India to meet India's growing oil ...
Oil
4d
BPCL weighs grassroots integrated refining, petrochemical complex at Andhra Pradesh
Bharat Petroleum has taken its first official step for a possible grassroots integrated refining and petrochemical complex in ...
17h
2024: India's fuel consumption jumps backed by higher petrol demand in the year
India’s petrol consumption rose by almost 8 percent in the year till November from the previous year, while diesel—the most consumed petroleum product in the country—witnessed a growth of 2.4 percent ...
5d
BPCL plans $11 bln refinery proj in South India
India's Bharat Petroleum Corp plans to invest $11 billion in southern Andhra Pradesh state for a new refinery and ...
Swarajya
4d
BPCL To Invest Rs 25,000 Crore In Global Energy Projects, Including Key Venture In Mozambique
State-run Bharat Petroleum Corp Ltd (BPCL) is set to invest Rs 25,000 crore (approximately $2.9 billion) for its exploration ...
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