May 29, 2020
Volume 7 Issue 22
India's government extended for a second time the deadline to bid for privatization of oil and gas company Bharat Petroleum Corp Ltd. – this time by more than a month to July 31. The government in March invited bids to buy its almost 53 percent stake in BPCL, which is one of the country’s largest lubricant suppliers and one of four domestic base oil producers. Chinese industrial oil supplier Amer initiated its plan to go public in China. Amer CEO Wang Xiaolong said it is still too early to provide a plan agenda.