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Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.
BPCL is strengthening its global energy footprint! Its subsidiary, BPRL Ventures BV, is taking full control of IBV Brasil Petroleo Limitada by acquiring the remaining 39.14% stake. This strategic move, valued at Rs. 2,312 Cr, boosts BPCL's access to additional equity oil and gas resources from Brazil. The acquisition of...
BPCL has acquired a 40% equity stake in Tiki Tar and Shell India Private Limited (TTSIPL) for Rs. 85 crore. This strategic move aims to capture the rapidly growing market for Value-Added Bitumen (VAB) amidst India's booming infrastructure sector. TTSIPL specializes in essential bitumen products like VG Grade, PMB, and...