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Bharat Petroleum Corporation
BSE: 500547|NSE: BPCL|ISIN: INE029A01011|SECTOR: Refineries
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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. 
 
 -BPCL  Farm-in into the Nunukan PSC in Indonesia
 
 2010
 
 -Bharat Petroleum Corp Ltd (BPCL) stated that natural gas reserves
 have been discovered in a block off Mozambique where it has a
 minority stake. 
 
 -BPCL announces successful pre-salt flow test offshore Brazil
 
 -Bharat Petroleum Corporation Ltd (BPCL) commissioned its
 international bunkering facilities at the Kochi port.
 
 -BPCL enters into agreement with M/s. Norwest to acquire Shale Gas
 acreages in Australia
 
 -BPCL announces Major Natural Gas discovery in offshore Mozambique.
 
 -BPCL discovers  hydrocarbon in ultra deep water of Sergipe-Alagoas
 Basin, Brazil.
 
 -BPCL announces Oil and Gas discovery in Offshore Indonesia
 
 -BPCL  appoints R K Singh as new BPCL chairman
 
 -Bharat Petroleum walked away with two prestigious Communication
 Awards at the Golden Jubilee function of the Annual Association of
 Business Communicators of India (ABCI) Awards Nite held at the Taj
 Mahal Hotel
 
 -BPCL won the Silver Award for our Inhouse Publication, Petro Plus
 and the Bronze Award for our Online Web Campaign
 
 -Bharat Petroleum was awarded the 1st position under the Best Display
 in Raw Space category during a spectacular awards ceremony at the
 recently concluded Petrotech-2010 exhibition at Pragati Maidan, New
 Delhi. The theme this year was Global Energy Equilibrium.
 
 -BPCL corporate website  www.bharatpetroleum.in bagged the first
 prize in the category Most user friendly website (editors choice) in
 the India eGov 2.0 Awards 2010.
 
 -Bharat Petroleum Corporation Ltd receives Green Business Leaders
 Award: 2009- 2010
 
 -NDTV Recognizes BPCL With Prestigious Corporate Sustainability
 Report Award
 
 -BPCL has secured 289th ranking during 2008-09 in the prestigious
 list of Fortune Global 500
 
 2011
 
 -Tyre manufacturer Goodyear India has entered into an agreement with
 PSU major Bharat Petroleum Corporation Ltd to open tyre care shops at
 some of their petrol pumps.
 
 -BPCL discovered of oil and gas in Sergipe-Alagoas Basin, Brazil
 
 2012
 -BPCL 's Another major appraisal success in Offshore Mozambique for
 BPRL
 
 -BPCL in Successful Flow Test Offshore Mozambique
 
 -Bharat Petroleum Corporation Ltd informs that BPRL Announces
 Extension of Exploration Success with New Discovery Area in Offshore
 Mozambique.
 
 -BPCL invests Rs 75 cr to set up 22 kV substation at Kochi Refinery
 
 -Bharat Petroleum Corporation Ltd. , second largest public sector oil
 marketing company, has signed an MOU with LG Chem South Korea for a
 Joint Venture to set up a petrochemical plant adjacent to its Kochi
 Refinery Complex.
 
 -BPCL - Discovery of Hydrocarbons in Espirito Santo Bash, Offshore
 Brazil.
 
 -BPCL - Discovery of Hydrocarbons in Cauvery Onland in Tamil Nadu
 
 -State run Bharat Petroleum Corporation Limited (BPCL) has signed a
 Memorandum of Understanding (MoU) with Kerala government. Following
 the development, the state government would extend tax deferments to
 BPCL's Integrated Refinery Expansion Project (IREP) and
 petrochemical complex.
 
 -Bharat Petroleum Corporation Ltd (BPCL) is in planned investments of
 up to Rs 45,000 crore by 2017 towards upstream projects as well as
 downstream expansion.
 
 -BPCL l discovers  New oil in the deep water of Sergipe - Alagoas
 Basin, Brasil
 
 -Bharat Petroleum Corp Ltd (BPCL) has managed to raise USD 500
 million through a maiden 10 year bond issue. The move market the
 debut of BPCL into the international debt market and the proceeds
 from issue would be used by the company to fund its capital
 expenditure.
  
 -Bharat Petroleum Corporation has given the Bonus in the Ratio of 1:1
Source : Dion Global Solutions Limited
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