- CEO
- Sanjay Khanna
- Full Time Employees
- 41,513
- Sector
- Energy minerals
- Industry
- Oil refining/Marketing
- Address
- Bharat Bhavan 4&6 Mumbai MH India 400001
- IPO Date
- Nov 29, 1994
- Business
- Bharat Petroleum Corporation Limited (BPCL) engages in the refining of crude oil and marketing of petroleum products across India as a leading public sector oil and gas company headquartered in Mumbai, Maharashtra, with operations spanning refineries in Mumbai, Kochi, and Bina. The company operates through two primary segments, Downstream Petroleum and Hydrocarbon Exploration & Production; it refines approximately 36.3 million metric tonnes per annum and markets a wide range of products including petrol (such as Speed and Speed 97), diesel, automotive LPG under Bharatgas to over 80 million households, CNG, MAK lubricants and greases for automotive and industrial applications including engine oils, gear oils, and specialties exported internationally, aviation turbine fuel and services, industrial fuels like white oil, black oil, bitumen, sulphur, petcoke, propylene, petrochemicals, and solvents, as well as bunkering facilities; it maintains a network of over 18,600 fuel stations featuring formats like Ghar, Highway Star, and Pure for Sure, supplies natural gas, manages 2,596 km of multi-product pipelines, and provides proficiency testing through dedicated labs while importing/exporting petroleum products and offering loyalty programs such as Petrocard and Smartfleet. BPCL, originally formed in 1976 through the nationalization of Burmah Shell and incorporated as early as 1952, serves household, industrial, commercial, aviation, and defense customers primarily in India with international trading and upstream interests in nine blocks in India and nine abroad across countries including Russia, Brazil, Mozambique, UAE, and Indonesia via subsidiary Bharat PetroResources Limited. Recent strategic developments include signing Memorandums of Understanding (MoUs) in October 2025 with Indian Oil Corporation, Numaligarh Refinery Limited, and Fertilisers & Chemicals Travancore for a Rs 1 lakh crore greenfield refinery and petrochemical complex in Andhra Pradesh, a 700-km pipeline from Siliguri to Mughalsarai, and a waste-to-energy fertiliser project in Kerala to enhance refining capacity and support India's energy transition; the company is advancing Project Aspire with a planned Rs 1.7 lakh crore investment over five years through FY29 to expand core refining, marketing, petrochemicals, gas, and green energy initiatives including over 3,000 EV charging stations already installed with targets for 6,000 more at retail outlets, green hydrogen via joint venture Nuyen Energy Green Energy, and a net-zero roadmap by 2040 incorporating renewables, compressed biogas, and carbon capture; in 2021, BPCL acquired full control of Bina Refinery by purchasing the remaining stake from OQ, solidifying its wholly-owned status.