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The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 over the WTI Spot price ...
British Physical Laboratories, doing business as BPL Ltd., is an Indian electronics company. It makes consumer electronics and health care equipment. It makes consumer electronics and health care equipment.
India was the second top net crude oil (including crude oil products) importer of 205.3 Mt in 2019. [4] By March 2021, India's domestic crude oil production output fell by 5.2% and natural gas production by 8.1% in the FY21 as producers extracted 30.4917 Mt of crude oil and 28.67 BCM of natural gas in the fiscal year.
On 21 November 2019, the Government of India approved the privatization of Bharat Petroleum Corporation Limited. [25] The government invited bids for the sale of its 52.98% stake in the company on 7 March 2020. [26] The Government decided to consolidate the businesses of BPCL before privatization starting with the Numaligarh Refinery Ltd. (NRL).
Its various commercial brands for selling petroleum and gasoline products / fuel included Tydol, Flying A, and Veedol. In 2011, Veedol was sold by British Petroleum to Tidewater India. Now it is part of Andrew Yule and Company 's Indian group and manufactures automotive oil for the Indian market on the sub-continent of South Asia .
The incident has kept BP's share price depressed for much of the past two years, providing a solid opportunity for value investors. Besides its attractiveness as a value play, BP has several other ...
With an annual crude processing capacity of 1,240,000 barrels (197,000 m 3) per stream day, RPL is the largest refinery in the world.It will have a complexity of 21.0, using the Nelson Complexity Index, ranking it one of the highest in the sector.
After discovery of oil in the Assam state of India in late 1880s, the first oil refinery was set up at Digboi. Digboi Refinery was commissioned in 1901. [1] Following is a list of oil refineries in India, per the Petroleum Planning and Analysis Cell of the Ministry of Petroleum and Natural Gas, Government of India, [2] arranged in decreasing order of their capacity.