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Bharat Petroleum Corporation Limited (BPCL) is an Indian government-owned oil and gas corporation. It is under the ownership of Ministry of Petroleum and Natural Gas, Government of India, headquartered in Mumbai, Maharashtra. It operates two large refineries in Kochi and Mumbai. India's second-largest downstream government owned oil corporation, it was ranked 309th on the 2020 Fortune list of the world's biggest corporations, and 792nd on Forbes's 2021 "Global 2000" list
BPCL petrol filling station at Basaveshwaranagar, Bangalore, Karnataka, India
Discover the rich history of Bharat Petroleum, India’s ‘best performing’ Maharatna Public Sector Undertaking, and its journey from being an Oil and Gas Company in India to a Fortune 500 oil refining, exploration and marketing conglomerate.
When Oil discoveries were being made and industries expanded, John D. Rockefeller and his business associates acquired control over numerous refineries and pipelines. With these acquisitions under their belt, they went on to form the Standard Oil Trust – a giant in its own right.
Observing this and to counter the growing significance of Standard Oil, three largest rivals - Royal Dutch, Shell and Rothschild’s - came together to form a single organisation called Asiatic Petroleum to market petroleum products in South Asia.
Indraprastha Gas Limited (IGL), a joint venture between Gas Authority of India Limited (GAIL), Bharat Petroleum Corporation Limited (BPCL) and the Government of Delhi to operate the Delhi City Gas Distribution Project.
Petronet LNG, a joint venture company promoted by the Gas Authority of India Limited (GAIL), Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOC) and Bharat Petroleum Corporation Limited (BPCL) to import LNG and set up LNG terminals in the country.
Bharat Renewable Energy Limited, a joint venture company promoted by BPCL with Nandan Cleantech Limited (Nandan Biomatrix Limited), Hyderabad and Shapoorji Pallonji Group, through their affiliate, S.P. Agri Management Services Pvt.Ltd. specializes in offering Bio diesel plants, ethanol, bio-diesel plants, Karanj (Millettia pinnata), Jatropha and Pongamia (Pongamia Pinnata) plantation services, renewable generation services etc. In 2013 Shapoorji Pallonji Group exited the joint venture
In 2016, Johnson Controls agreed to pay $14.4M to settle Foreign Corrupt Practices Act charges with the SEC. According to the SEC, employees of China Marine, a subsidiary of Johnson Controls, employed sham vendors to transfer $4.9M worth of bribes to Chinese government-owned shipyards, to win over businesses and enrich themselves.
In 1928, Asiatic Petroleum (India) joined hands with the Burmah Oil Company, an active producer, refiner and distributor of petroleum products, particularly in Indian and Burmese markets to form the Burmah-Shell Oil Storage and Distributing Company of India Limited.
A PIONEERING APPROACH
Burmah Shell began its operations with the import and marketing of Kerosene and soon proved itself to be a pioneer in more ways than one. The company imported oil products in bulk and transported them in 4-gallon and 1-gallon tins all over India.
The company also took up the challenge of reaching out to people in remote villages to ensure every home was supplied with kerosene. Thus, the development and promotion of efficient kerosene-burning appliances for lighting and cooking became an important part of its kerosene selling activity.
Showcasing its pioneering spirit, the company introduced LPG as a cooking fuel to Indian homes in the mid-1950s. Thus started the illustrious journey of many pioneering endeavours, which went beyond selling petroleum, educating customers and offering better services and products.
THE RETAIL REVOLUTION
The first drive-through fuel station in India was built in 1928. From then, our pan country network of Fuel Station has crossed 16,000 mark, with approximately 1 Crore vehicles fueling up every day. Bharat Petroleum also launched several iconic initiatives, such as, Pure for Sure, Premium Petrol & Diesel, Urban and Transport Loyalty Programme, Convenience Store In & Out, etc;. to transform the face of fuel retailing in India.
Post war, Burmah Shell established efficient and up-to-date fuel service and filling stations to give its customers the highest possible standard of service facilities.
