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Bharat Petroleum Corporation Limited (BPCL.BO)
- Reuters
BPCL to set up first-ever green hydrogen plant in an Indian airport
Indian refiner Bharat Petroleum Corp Ltd (BPCL) said on Wednesday it will set up the first-ever green hydrogen plant inside an airport in the country. BPCL said it would build and operate a 1,000-kilowatt green hydrogen plant inside Cochin International Airport, which will contribute land, water and green energy resources. The initial output will be used to power vehicles in the airport, which is in the southern part of the country, BPCL said.
- Reuters
BPCL avoiding Russian Sokol crude oil purchases due to payment issues -source
Indian refiner Bharat Petroleum Corp (BPCL) is avoiding purchase of Russian Sokol crude oil and is relying mostly on Urals, as payments are not being cleared by intermediate banks, a company source said on Thursday. Presently there are no offers for Sokol grade crude and the Urals market has also become tight, the official said. Urals oil, Russia's flagship export blend loaded from its western ports, is mostly supplied to Asia due to a European Union embargo on Russian oil, with India becoming its top buyer for seaborne oil.
- Reuters
India's Bharat PetroResources looking for oil and gas assets in Brazil, West Africa
India's Bharat PetroResources Ltd, the exploration arm of refiner Bharat Petroleum Corp is looking for oil and gas producing assets in Brazil and West Africa, its managing director Barnali Tokhi said on Wednesday. "We are looking at Brazil and the Atlantic area, which is Brazil's offshore and west Africa," she said, adding that Angola, Ivory Coast, Nigeria offshore and Senegal are good prospects. Tokhi said there were some interesting projects in Brazil, operated by companies other than Petrobras.
