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BPCL agrees to buy Videocon Energy’s stake in BPRL Ventures JV
State-owned Bharat Petroleum Corporation Ltd (BPCL) is set to gain full control of its Brazil-based oil and gas joint venture. Through its subsidiary BPRL Ventures BV, BPCL has signed agreements to acquire the remaining stake in IBV Brazil Petroleo Limitada. This move, approved by the National Company Law Tribunal as part of insolvency proceedings, aims to bolster India's energy security by expanding its overseas upstream assets.
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thehindubusinessline.com
BPCL to buy 40% stake in Tiki Tar and Shell India for ₹85 crore
BPCL to acquire 40% of Tiki Tar and Shell India for ₹85 crore to enhance its bitumen market presence.
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economictimes.indiatimes.com
BPCL to buy 40% stake in Shell, Tiki Tar venture to expand value-added bitumen business
Bharat Petroleum Corporation Ltd. is acquiring a 40% stake in Tiki Tar and Shell India for Rs 85 crore, marking its significant entry into India's booming value-added bitumen…
