MARKET RADAR
SENSEX     NIFTY      
Bharat Petroleum Corporation > Company History > Refineries > Company History of Bharat Petroleum Corporation - BSE: 500547, NSE: BPCL
YOU ARE HERE > MONEYCONTROL > MARKETS > REFINERIES > COMPANY BACKGROUND - Bharat Petroleum Corporation
Bharat Petroleum Corporation
BSE: 500547|NSE: BPCL|ISIN: INE029A01011|SECTOR: Refineries
SET ALERT
|
ADD TO PORTFOLIO
|
WATCHLIST
  
LIVE
BSE
Feb 10, 17:00
598.40
2.85 (0.48%)
VOLUME 263,979
LIVE
NSE
Feb 10, 17:00
598.20
-0.55 (-0.09%)
VOLUME 1,549,951
Company History - Bharat Petroleum Corporation
1928
 
 -Bharat Petroleum Corporation (BPCL) traces its history to 1928 when
 the Burmah Shell Oil Storage & Distribution Company of India was
 incorporated in England to enter the petroleum products business in
 India. The business of the Company grew substantially given the
 international backing of Shell and it achieved the leadership
 position
 in India. In 1952, Shell and Burmah Oil Company set up Burmah Shell
 Refineries to set up a refinery in Mumbai. The entire operations of
 Burmah Shell in India were nationalised in 1976 and the Refinery and
 Marketing Companies were merged to form BPCL.
 
 1952
 
 - The Company was incorporated on 3rd November, 1952 under the name
 Burmahshell Refineries Limited (BSR).  The Burmah Shell as Storage &
 Distributing Company of India, Ltd., a foreign company established
 in
 England in 1928 was carrying on in India the business of
 distributing
 and marketing petroleum products and for that paurpose established
 places in India.
 
 1955
 
 - The Company has a well established refinery at Mahul, Chembur
 (Mumbai) which has commissioned in January.
 
 - The company's refinery in Bombay was commissioned in 1955. It
 introduced LPG as a cooking fuel to the Indian home and all along,
 it
 went beyond selling petroleum, to educate the customer. 
 
 1976
 
 - The companies name changed to Bharat Refineries Limited (BRL) on
 12th, February 1976.
 
 1977
 
 - Companies name changed to its present name (BPCL) on 1st August.
 
 1979
 
 - Pursuant to an agreement dated 23.12.79 bet ween Govt. of India
 and
 BSM, the Shell Petroleum Co. Ltd., the Burmah Oil Co. Ltd., and the
 Burmah Shell Refineries Ltd., the Govt. of India acquired 100%
 equity
 share holdings of BSR on 24th January, 1976.  Simultaneously also
 acquired the right to title and interest and liabilities of BSM in
 relation to its undertakings in India.
 
 1992
 
 - During the year the company commissioned 50 retail outlets
 including
 9 in rural areas and 7 superior kerosene oil/light deisel oil
 dealerships.  The total number of retail outlets/light diesel oil
 dealership at the end of the year stood at 4,090 and 928
 respectively.
 
 - During the year, 20% of the shares were sold by the govt. to
 various
 fianancial institutions and Mutual Funds.  Thus presently the
 President
 of India holds 80% of the paid up capital.
 
 1993
 
 - During the year, the company installed microprocessor based
 digital
 integrated distributed control system in catalytic reformer and new
 solvent unit which replaced the pneumatic control system.  Also
 installed advanced control system for catalytic control unit.
 
 1994
 
 - During the year, the corporation commissioned 124 retail outlets
 and
 10 oil/light diesel oil dealership.
 
 - On 25th February, a joint venture company `Bharat Oman Refineries
 Ltd' was incorporated.  And was set up as a joint venture between
 Omen
 oil Co. Ltd and the Corporation.
 
 - During the year, Bharat Shell Ltd. was promoted by the company and
 Shell Overseas Investments, B V Netherlands for marketing shell
 branded
 lubricants in the country.
 
 1995
 
 - During 95-96, a 6 MMTPA joint venture refinery being set up with
 Oman
 Oil Company Ltd. at Bina in M.P.
 
 - A MOU was signed on March between the corporation and Pepsi Foods
 Ltd. pursuant to which customers cars drive upto select retail
 outlets
 for chilled pepsi distribution.
 
 - Bharat Petroleum Corporation Ltd., and Bank of Baroda have signed
 an
 MOU to launch the first Co-Branded Credit Card in the country which
 enables customers to buy petrol, diesel, lubricants and other
 regular
 commodities.  The cards will carry BPCL and BOB logos and will have
 two
 categories - Premium and Regular.  The cards can also be used by
 corporate houses as a facility to its executives for reimbursement
 of
 their fuel cost.
 
 1996
 
 - During the year, the corporation commissioned 61 retail outlets
 and
 12 SKO/LDO dealerships.  During the year Petronet India Ltd.  was
 set
 for developing and laying a network of petroleum product pipelines
 in
 the country.
 
 - During the year, LPG port terminal was commissioned at Okha in
 Gujarat, in October, with a storage capacity of 900 MT of LPG.
 
 - The company embarked upon a strategic change plan in 1996. The
 organisation structure has been revamped and six Strategic Business
 Units have been created. The new structure is based on business
 processes, is flexible, more responsive to external changes, has
 fewer
 layers, and above all, ensures a much higher customer focus.
  
 1997
 
 
 - During the year corporation, has entered into a Memorandum of
 Understanding (MOU) with the Ministry of Petroleum & Natural Gas
 (MOP&NG).  The performance rating awarded to BPC was Excellent for
 the year ended March 31, 1996.
  
 - Bharat Petroleum Corporation Ltd.(BPCL), has launched Apollo air
 stations at its petrol pumps in Mumbai.  The company had signed a
 memorandum of understanding recently with Apollo Tyres to provide
 efficient air facility to customers through BPCL's retail network.
  
 - Sanghi Group of industries has signed a Memorandum of
 Understanding
 with Bharat Petroleum Corporation Limited.  Under the agreement,
 BPCL
 will set up huge infrastructural facilities to ensure uninteruppted
 supply of fuels for various mega projects being undertaken by the
 Sanghi group including a cement plant, a petrochemical complex and a
 100 per cent EOU spinning unit.
   
 - Bharat Petroleum Corporation Ltd. (BPCL), is setting up a six
 million
 tonne per annum refinery at Bina, in Madhya Pradesh.  The
 corporation
 also envisages a single point mooring and a crude oil terminal at
 Vadinar and a cross country crude oil pipeline from Vadinar to Bina.
  
 - ONGC is joining hands with Bharat Petroleum Corporation Ltd (BPCL)
 for a Rs 2,552,-crore petrochemical project in Hazira, Gujarat.
  
 - An agreement to supply around 80,000 tonnes of naphtha per annum
 for
 the 230-MW combined cycle power project at Jegurupadu in East
 Godavari
 district of Andhra Pradesh, has been signed between GVK Industries
 Ltd
 and Bharat Petroleum Corporation Ltd (BPCL).
  
 - The public sector Bharat Petroleum Corporation Ltd (BPCL) proposes
 to
 lay a pipeline from Cochin to Karur via Coimbatore to transport
 petrol,
 high speed diesel and kerosene.
  
 - The Gas Authority of India Ltd (GAIL) and Bharat Petroleum
 Corporation Ltd (BPCL) signed a memorandum of understanding (MoU) on
 September 9 for setting up a joint venture to supply pipeline
 cooking
 gas in the Capital.
  
 - Bharat Petroleum Corporation Ltd (BPCL) and the UK-based global
 oil
 major - Shell, are likely to float a new company for setting up the
 seven million tonnes per annum (mtpa) grassroot refinery at Uttar
 Pradesh.
  
 - State-owned Bharat Petroleum Corporation Ltd (BPCL) has made
 tentative plans to shut its 120,000 barrel-per-day (bpd) refinery in
 Mumbai in November or December 1998 for maintenance.
  
 - Between January and February, Bharat Petroleum Corporation Ltd had
 closed its crude distillation unit and 18,000 bpd fluid catalytic
 cracker.  Its 12,000 bpd cracker was shut in May for 30-35 days.
  
 - Bharat Petroleum Corporation Ltd is to increase its tankage
 capacity
 of petroleum products in the eastern region in the Ninth Plan by
 setting up new terminals involving an expenditure of about Rs 300
 crores.
 
 - The company is to set up new terminals at Budge Budge, Haldia and
 Alipurduar in West Bengal, Jashidih, Gaya, Barauni and Ranchi in
 Bihar,
 Balasore, Sambalpur, Rourkela, Rayagada and Paradeep in Orissa
 besides
 Lumding and Guwahati.
 
 - Bharat Petroleum Corporation Ltd (BPCL), the second largest oil
 marketing public sector company, has signed a fuel supply agreement
 with Atria Power Corporation Ltd to generate 103 MW of power at
 Harihar, in its commitment to bring more power to Karnataka.
 
 - It is also proposed to set up a hospital and build a residential
 colony in the 3500 acre land of the two projects.
 
 1998
 
 - The Karnataka Power Corporation Limited (KPCL) entered into a fuel
 supply agreement with Bharat Petroleum Corporation Ltd for its
 300-mw
 joint venture power project at Bidadi.
 
 - The company will open five new, state-of-the-art, self servicing
 and
 automatic cut off nozzle facility petrol and diesel bunks in the
 city.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has entered into an
 agreement
 with Herdillia Chemicals Ltd for supply of 10,000 metric tonnes of
 naphtha for its proposed 5.5MW power project at Turbhe in Navi
 Mumbai.
  
 - Shell and BPCL will hold a 26 per cent stake each in the refinery
 project.  The remaining 48 per cent will be held by institutions and
 the public.
   
 - The joint venture has received a letter of intent for setting up
 the
 refinery in Uttar Pradesh and government approval for direct foreign
 investment.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has launched its new
 lubricants in Calcutta from February 5.
 
 - Shalivahana Power Corporation Ltd (SPCL) has signed a fuel supply
 agreement (FSA) with Bharat Petroleum Corporation Ltd (BPCL) for the
 supply of furnace oil to its 33 MW mini-power plant to be set up at
 Ghatkesar.
 
 - PIL is a 50:50 joint venture between Bharat Petroleum and Gujarat
 Gas.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has commissioned its
 Rs.450-crore Mumbai-Manmad pipeline.
 
 - The Bharat Petroleum Corporation Ltd workers on April 7, observed
 strike throughout the country in protest against the managements
 reported move to damage the corporation.
 
 - BPCL commissioned the first phase of its second coastal storage
 facility on the east coast at Haldia, West Bengal.
 
 - BPCL is the only company among the three integrated refining and
 marketing companies - the others being HPCL and Indian Oil
 Corporation
 (IOC) - which has had a strong focus on marketing activities.
 
 - BPCL (Bharat Petroleum Corporation Ltd.) has begun a New Marketing
 chapter with clear strategies and initiatives for Lubricants.
 
 - Bharat Petroleum Corporation Limited (BPCL) has tied up with
 Petronet
 India Limited, the oil-pipeline holding company, to form a joint
 venture for a 308-km pipeline from Kochi to Karur in Tamil Nadu.
 
 - BPCL and Petronet India Ltd, will each take a 26 per cent equity
 stake, Cochin Refineries is expected to subscribe to 23 per cent of
 the
 equity and the balance 25 per cent will be held by other investors.
 The total equity will be Rs.140 crore with a 3:1 debt equity ratio.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has entered into in joint
 venture with Petronet (India) Ltd for the construction of a 308 km
 pipeline from Kochi in Kerala to Karur in Tamil Nadu.
 
 - The company is India's second largest oil company in terms of
 market
 share.
  
 - BHARAT Petroleum Corporation Ltd proposes to set up a
 petrochemical
 complex, based on a naphtha cracker of 5,00,000-MTPA-ethylene
 capacity,
 using low aromatic naphtha available from indigenous/imported
 sources.
 It will be set up at a coastal location in Tamil Nadu.  BPCL has
 obtained the Letter of intent from the Government of India for
 manufacture of the products.
  
 - BPCL is also setting up a three mtpa refinery at Numaligarh in
 Assam
 in a joint venture with IBP Co Ltd and the Government of Assam.
 
 - BPCL has also successfully entered into fuel supply agreements
 with
 22 independent power plants and four captive power plants for the
 supply of 1.1 mmtpa of naptha and 0.8 mmtpa of furnace oil.
 
 - The company has commissioned the 250-km Mumbai-Manmad product
 pipeline, which has augmented its supply and distribution network.
 
 - Bharat Petroleum Corporation (BPCL) is the third largest oil
 refining
 and marketing company in the country.
 
 - INDRAPRASTHA Gas Limited, a joint venture between Bharat Petroleum
 Corporation (BPCL) and the Gas Authority of India (GAIL) is set to
 revolutionalise transportation in New Delhi.
 
 - Bharat Petroleum Corporation Ltd has bagged the fuel supply
 contract
 for Kerala State Electricity Board's Kozhikode diesel power project
 at
 Nallalam.
 
 1999
 
 - Bharat Petroleum Corporation Ltd (BPCL) is setting up its LPG
 bottling plant in Hoskote Taluk near Bangalore.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has commissioned a hydrant
 fuelling system for aircraft at the Cochin International Airport
 (CIAL).
 
 - BPCL has taken six per cent equity in the paid-up capital of the
 airport.
 
 - Bharat Petroleum Corporation Ltd's (BPCL) joint venture with Oman
 Oil
 Co. for setting up a six-million tonne refinery at Bina in Madhya
 Pradesh is expected to achieve financial closure within a month,
 said
 Mr. A. Sinha, BPCL's Finance Director.
 
 - In an attempt to set up its naphtha-fired 200-MW project at top
 speed, the KPC Bidadi Power Corporation (KBPCL) entered into a fuel
 supply agreement (FSA) with Bharat Petroleum Corporation Ltd (BPCL)
 for
 the supply of 25,0900 mtpa of naphtha.
 
 - Jawaharlal Nehru Port Thrust (JNPT) and Bharat Petroleum
 Corporation
 (BPCL) signed a license agreement for development of a liquid cargo
 jetty at Jawaharlal Nehru Port.
 
 - Bharat Petroleum Corporation (BPCL) is exploring the option of
 extending a crude pipeline from its Bina refinery in Madhya Pradesh
 to
 Allahabad where it proposes to set up another seven-million-tonne
 refinery.
  
 - The company proposes to construct a crude-oil terminal in Gujarat
 from where crude will be transported through a pipeline to Bina.
  
 - BPCL has introduced the `smart-card' technology at retail outlets
 in
 Chennai.
   
 - BPCL has also entered into a marketing agreement with Reliance
 Petroleum Ltd for distributing 25 per cent of its production.
  
 - ICICI Bank Ltd has tied up with Bharat Petroleum Corporation Ltd
 (BPCL) to install off-site ATMs at the company's petrol outlets.
 
 2000
 
 
 - The Company has entered into a Memorandum of Understanding with
 the
 ministry of petroleum & Natural gas for the year 2000-01.  The
 Company
 has been awarded the `Excellent' rating and has been among the
 top-10
 MoU-signing public sector companies in 1998-99.
 
 - Bharat Petroleum Corporation Ltd., the Country's second-largest
 oil
 company, announced the launch of its `Petro Card' for the retail
 market
 in Gujarat.
 
 - Burger giant McDonald's has tied up with oil major Bharat
 Petroleum
 Corporation (BPCL) to open and run restaurants at selected petrol
 pumps
 across the country.
 
 - The Company is mulling over a voluntary retirement scheme for its
 3000-odd middle-level management staff.
 
 - The Company signed a Transport Service Agreement with Gas
 Authority
 of India Ltd on 1st August.
 
 - Bharat Petroleum Corporation Ltd., in association with Iftex
 Petrochemicals Ltd., launched `Bharat Iftex', a co-branded multi
 functional additive (MFA).
 
 - The Company will issue bonus shares in the ratio of one equity
 share
 for every one share held.
 
 - SurfGold.com, the loyalty solution provider an alliance with
 Bharat
 Petroleum as one of its major Indian redemption partners.
 
 - The Workers, of the Marketing Division of the Company went on
 one-day
 strike on 19 October affecting the normal operations in offices and
 estblishments at Mumbai, Kandla, Solapur, Jalgaon, Jabalpur and
 Manmad.
 
 - Big Mac has tied up with Bharat Petroleum Corporation for a
 highway
 complex on the Delhi-Agra highway, near Mathura.
 
 - Bharat Petroleum Corporation has offer bonus equity to its
 shareholders at a ratio of one bonus share for every one share held.
 
 - The Company has been presented the FICCI award 1999 - 2000 for
 'Corporate initiatives in the field of rural developments'.
 
 - Bharat Petroleum Corporation Ltd (BPCL) has launched yet another
 card
 product, SmartFleet, aimed at fleet owners and corporates.
 
 - During 2000-01 the company issued bonus shares in the ratio of
 1:1,
 thereby enhancing its equity capital to Rs 300 crore. Also Recently
 it
 acquired 55% stake in Kochi Refinery Limited (KRL) from the
 Government
 of India and 19% in Numaligarh Refinery Limited (NRL) from IBP. 
 
 The company has launched 'Smart fleet', a programme for fleet owners
 and corporates and the same received an enthusiastic response from
 over
 2500 clients.

 
 -The company has 'Petrocard', an customer loyalty programme, had
 enrolled over 2.25 lakh customers by theend of March 2001.
 
 2001
 
 
 - The Company has launched the co-branded SmartFleet card along with
 Tata Finance, a smart card targeted at vehicle fleet owners and
 corporates.
 
 - BPCL has tied up with Quicky's, the global coffee chain, Pepsi
 Foods
 India and Kwality Walls for providing beverages soft drinks and
 ice-creams at its petrol pumps.
 
 - Standard Chartered Bank, HDFC Bank and Bharat Petroleum
 Corporation
 have joined the eCash Forum which has been set up by the Smart Card
 Forum of India.
 
 - Bharat Petroleum Corporation Ltd. has proposed to acquire the
 entire
 equity share holding of the Government of India in Kochi refineries
 Ltd.
    
 - Shell Aviation Ltd has appointed Bharat Petroleum Corporation Ltd
 (BPCL) as the sole distributor for Shell brands of aero lubes in
 India.
 BPCL has signed a contract with Shell Aviation for distribution
 rights
 for the next five years.
 
 -'In & Out', a convenience retailing proposition, was selectively
 launched in 14 retail outlets during the year. This proposition
 includes utility payments, courier service, ATMs, a coffee shop,
 music
 counters, impulse stores, etc.
 
 2002
 
 - S Vijayaraghavan appointed as Additional Director on Board of BPCL
 
 -M B Lal Director (Refineries) relinquishes office from BPCL.
 
 - Tata Engg, BPCL ties up to market co-branded lubricants.
 
 - Mr U Sundararajan has retired from the office of the Chairman &
 Managing Director, BPCL. Mr S Behuria, Director (Marketing) has taken
 over as Chairman & Managing Director of BPCL w e f July 01, 2002.
 
 -  BPCL introduced premium grade petrol Speed in Mumbai.
 
 - SCI tie-up with BPCL for crude transportation.
 
 - BPCL introduced 5kg cylinder for rural market.
 
 - BPCL ties up with Cafe Coffee Day to open Cafe Coffee Day outlets
 in select In&Out BPCL petrol pumps.
 
 -Bharat Petroleum Corporation Ltd informed that Shri S Radhakrishnan,
 Executive Director (Marketing Coordination) has been appointed as
 Director on the Board of the company and he has taken over as
 Director (Marketing) with effect from November 1, 2002.
 
 - Mr. Mukesh Rohatgi, Executive Director (Refinery) has been
 appointed as Director on the Board of the BPCL and he has taken
 charge as Director (Refineries) w.e.f. November 14, 2002. Mr. Naresh
 Narad, Special Secretary, Ministry of Petroleum & Natural Gas,
 Government Nominee Driector on the Board of BPCL has relinquished the
 Directorship w.e.f. November 11, 2002 on his appointment as Secretary,
 Ministry of Heavy Industries & Public Enterprises. 
 
 - ALF ties up with BPCL to launch 'affinity cards'
 
 2003
 
 - The board of Bharat Petroleum Corporation (BPCL) is being
 restructured with the induction of four new non-executive directors.
 The directors, all professionals of long standing, are the former
 chairman of Indian Oil MA Pathan, former chairman of Indian Airlines
 PC Sen, former chairman of railway board BD Gupta and director of the
 Indian Institute of Management, Kozhikode, AH Kalro. 
 
 - BPCL & ONGC signs agreement to sale crude oil for a period of 2
 years
 
 - Bharat Petroleum (BPCL) has forged an alliance with Petrovietnam
 for the purpose of supplying 200,00 tonnes of naptha in the next 9
 months.
 
 - BPCL ties up with HLL for marketing durables, FMCG products via LPG
 outlets.
 
 - BPCL launches 'Speed '93'
 
 - Hyderabad: Bharat  petroleum corporation Ltd (BPCL) has rolled out
 its new plan for Bharatgas customers. The new offer called 'Beyond
 LPG' was unveiled in twin cities which comes with value added
 services where customers can get the benefit of  discounts ranging
 from 10-20 percnt on all FMCG branded utensils.
 
 - Bharat Petroleum Corporation Ltd has informed that Shri S
 Vijayaraghavan, Joint Secretary, Ministry of Petroleum & Natural Gas
 Government Nominee Director on the Board of the company has resigned
 from office of director wef September 2, 2003.
 
 Dr P N Khandwalla, Shri P P Kaliaperumal & K Vasudeva Part Time Non
 Official directors have resigned from office of director wef
 September 4, 2003
 
 Shri V D Gupta Shri P C Sen & A H Kalro are appointed as part time
 non official directors of the company wef September 5, 2003.
 
 -the company has launched premium petrol, 'Speed' on September 9 in
 Vishakapatnam. The premium petrol is priced marginally higher than
 the ordinary fuel. The fuel is for the new generation cars and
 two-wheelers.
 
 - The company has tied up with Hindustan Lever Ltd and three other
 kitchenware brands for selling grocery items to its LPG customers
 through its distributor network. the consumers can order all HLL
 products besides kitchenware from Hawkins, Prestige and Nirlep from
 Bharatgas distributors in select cities.
 
 -Formed a strategic pact with Honda Siel to help launch gensets and
 geysers that run on LPG.
 
 -Shri A K Srivastava, Joint Secretary, Ministry of Petroleum &
 Natural Gas has been appointed as Director
 
 --BPCL bags third slot among `Top 10' in Asiamoney's corporate
 governance poll on Asian companies in the energy sector. And joined
 the club of a select few Asian companies.
 
 -Bharat Petroleum Corporation (BPCL) and Oil and Natural Gas
 Corporation (ONGC) signed an agreement to cooperate with each other
 through sharing of their core strengths for exploration and
 production, and downstream oil refining and marketing.
 
 2003
 
 -Bharat Petroleum Corporation Ltd (BPCL) successfully completes its
 first swap transaction, making it the first public sector oil company
 to enter into an interest rate derivative transaction
 
 2004
 
 -Bharat Petroleum Corporation is negotiating a five-year agreement
 with Reliance Industries to buy products from its Jamnagar refinery.
 A previous product-sourcing agreement between the two companies
 expires on March 31, 2004.
 
 - IDBI Bank on January 15 said that it has entered into a
 business-to-business (B2B) e-commerce arrangement with oil major
 Bharat Petroleum Corporation Ltd (BPCL) to provide an automated
 payment and purchase process to the BPCL's corporate and industrial
 clients.
 
 -BPCL signs an initial contract with Saudi Aramco
 
 - Tie up with Tata Consultancy Services to provide medical advisory
 and counselling services at Ghar, the highway retailing initiative of
 BPCL.
 
 -Kochi Refineries Ltd (KRL) signs a memorandum of understanding with
 Bharat Petroleum Corporation Ltd regarding capacity utilisation and
 other production and performance parameters
 
 -Forges alliance with E-Charge Tech Private Limited to distribute
 electronically pre-paid products like mobile cards, internet cards
 and calling cards, making it the first company in India to
 electronically distribute the pre-paid products
 
 -- GAIL India Limited has signed two joint venture agreements with
 Bharat Petroleum Corporation (BPCL) for implementation of city gas
 projects in Kanpur and Pune
 
 -Bharat Petroleum Corporation Ltd (BPCL) opened Mak Lubeshoppe at
 Akkayyapalem here on July 29
 
 -Bharat Petroleum has launched another brand `Hi Speed Diesel'
 
 -BPCL forges alliance with poultry association in Namakkal
 
 -Speed ties up with consortium to sponsor domestic motor racing
 
 -Bharat Petroleum Corporation Ltd (BPCL) has entered into a marketing
 tie-up with automobile manufacturer Tata Motors for marketing of
 engine oils as co-branded lubricants for their commercial vehicles
 
 2005
 
 - BPCL launches Speed 97, its new brand of high-octane petrol mixed
 with lubricant additives, meant to improve vehicle performance
 
 -Bharat Petroleum Corporation Ltd has launched a new concept of
 `Vehicle Care Centres' at its retail outlets
 
 -Madhya Pradesh Government signs a memorandum of understanding (MoU)
 with Bharat Oman Refineries Ltd to set up a six-million-tonne per
 annum refinery at Bina on May 6, 2005
 
 2006
 
 -Bharat Petroleum Corporation Ltd (BPCL) has announced that the
 Company & MMTC have jointly decided to work together in the area of
 domestic and international marketing of hydro-carbon by leveraging
 their core business strength in the global commodity trading.
 
 -Bharat Petroleum Corporation Ltd (BPCL) has announced that the
 Company has entered into an MOU with Petroleo Brasileiro SA
 (Petrobras),
 
 -BPCL acquires first Nigerian Erha cargo
 
 -BPCL has informed that  Shri. D N Narasimha Raju, Joint Secretary,
 Ministry of Petroleum & Natural Gas (MoP&NG) has been reappointed as
 Additional Director effective December 18, 2006.
 
 2007
 
 -Bharat Petroleum Corporation Ltd (BPCL) has informed that Prof N
 Venkiteswaran, has been appointed as Additional Director effective
 July 16, 2007.
 
 -BPCL acquires interest in North Sea basin
 
 -BPCL to offload 49-pc stake in Bharat Shell
 
 2008
 
 -Bharat Petroleum Corporation Ltd (BPCL) has appointed Ms. Rama
 Bijapurkar and Shri. S K Barua as Additional Director w.e.f. May 20,
 2008.
 
 -BPCL venture to infuse Rs 2,200cr in bio-diesel project
 
 -Bharat Petroleum Corporation Limited (BPCL) is mulling to establish
 a 5-Mw wind power farm in Andhra Pradesh. 
 
 -Bharat Petroleum Corporation Ltd has unveiled a GPS-technology based
 vehicle tracking system for its 5,200 tanker trucks fleet.
 
 2009
 
 -Bharat Petroleum Corporation Ltd (BPCL) has informed BSE that BPCL,
 Oman Oil Company (OOC) and Bharat Oman Refinery Ltd. (BORL) have
 signed an agreement on November 15, 2009 in Oman related to
 additional investment by OOC in BORL. 
 
 -
 
 
 
Source : Dion Global Solutions Limited
Quick Links for Bharat Petroleum Corporation
Follow moneycontrol.com

Explore Moneycontrol
Stocks     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Others
Mutual Funds     A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.