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Govt looking into BPCL’s investments in gas block in Mozambique

29 Oct 2019 Evaluate

The government is looking into Bharat Petroleum Corporation’s (BPCL) investments in a gas block in Mozambique and has not yet formally given its approval to the firm for further spending.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1163.55
Indian Oil Corpn. 130.00
Bharat PetroleumCorp 284.30
HPCL 339.50
MRPL 173.05
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