BPCL
Bharat Petroleum Corporation Limited (BPCL) is a public sector company of Govt of India with “Maharatna” status holding around 54.93% stake and it involved in petroleum industry offering motor spirit, high speed diesel and LPG. BPCL in the business of Refinery and Marketing activities such as refining of crude oil and marketing of petroleum products. The Company also manufactures other petroleum products, including petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals. It has refineries at Mumbai, Kochi, Numaligarh and Bina. LPG bottling plants and lube blending plants. Its marketing infrastructure includes network of installations, depots, retail outlets, aviation service stations and LPG distributors.
BPCL exports Fuel Oil and Naphtha and Base Oil. The company operates through two segments: Downstream petroleum, and Exploration and Production of Hydrocarbons. The Downstream petroleum segment includes refining and marketing of petroleum products. It is engaged in the production of liquid and illuminating oils, gaseous fuels, lubricating oils or greases or other products from crude petroleum or bituminous minerals. BPCL on a regular basis imports their LPG requirements mainly from the Middle East. Occasional there are import requirements of Gasoil, Kerosene, Gasoline and Base Oil.
History - BPCL was incorporated on November 3, 1952 as a private limited company with the name Burmah Shell Refineries Ltd. The company began their work on the marshland of Trombay at Bombay. The refinery on 454 acres of land at village Mahul. In January 24, 1976, Burmah Shell Group of Companies was taken over by the Government of India to form Bharat Refineries Ltd. In August 1, 1977, the company was renamed as Bharat Petroleum Corporation Ltd.
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