Bharat Petroleum Corporation Ltd Project Aspire Progress and Crude Impact

Halfway through ₹1.7 lakh Cr 5-year capex for refining, petrochemicals, green energy; overseas upstream returns eyed by 2028-29. NeuEn JV (with Sembcorp) won 10 KTPA green hydrogen contract from NRL. OMCs volatile as Brent nears $100/bbl on Iran-Israel tensions; Strait concerns eased temporarily, but temporary ceasefire risks noted. BPCL offered first spot gasoil cargo in over a year.