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Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer , whose operations are overseen by the Ministry of Petroleum and Natural Gas .
The refinery commenced operation in January 1955 under the ownership of Burmah-Shell Refineries Ltd. [1] Following the Government's acquisition of the Burmah-Shell, name of the Refinery was changed to Bharat Refineries Limited on 1976. In August 1977, the company was given its permanent name, viz. Bharat Petroleum Corporation Limited (BPCL).
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BPRL also holds a stake in the special purpose vehicle (SPV), Urja Bharat Pte Limited, which bid for the Abu Dhabi exploration block. [ 7 ] The company reported a consolidated income of Rs 181 crore and a loss of Rs 96 crore for the financial year (FY) 2018-19, as opposed to a consolidated income of Rs 216 crore and a loss of Rs 68.72 crore in ...
Bharat Gas Resources Limited (BGRL) is a wholly-owned subsidiary of Bharat Petroleum Corporation Limited (BPCL), India's second-largest oil marketing company [1] led by the Ministry of Petroleum and Natural Gas, Government of India. [2] [3] It was amalgamated with the parent with effect from 16 August 2022. The Corporate Affairs Ministry issued ...
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