Bharat Petroleum
Bharat Petroleum
Bharat Petroleum
Headquaters: Mumbai (India) Key People: Ashok Sinha (Chairman and MD) Industry: Petroleum Products: Oil and LPG
Revenue:
Total assets:
Employees:14,729 (2007)
HISTORY
The 1860s saw vast industrial development. A lot of petroleum refineries came up. An important player in the South Asian market then was the Burmah Oil Company Ltd. The search for oil in India began in 1886, when Mr. Goodenough of McKillop Stewart Company drilled a well near Jaypore in upper Assam and struck oil. (ARTC) struck oil at Digboi marking the beginning of oil production in India.
While discoveries were made and industries expanded, John D Rockefeller together with his business associates acquired control of numerous refineries and pipelines to later form the giant Standard Oil Trust. The largest rivals of Standard Oil - Royal Dutch, Shell, Rothschilds - came together to form a single organisation: Asiatic Petroleum Company to market petroleum products in South Asia.
In 1928, Asiatic Petroleum (India) joined hands with Burmah Oil Company - an active producer, refiner and distributor of petroleum products, particularly in Indian and Burmese markets This alliance led to the formation of Burmah-Shell Oil Storage and Distributing Company of India Limited. A pioneer in more ways than one, Burmah Shell began its operations with import and marketing of Kerosene.
On 24 January 1976, the Burmah Shell Group of Companies was taken over by the Government of India to form Bharat Refineries Limited. On 1 August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude (Bombay High), in the country.
PRODUCTS
Bharat Petroleum produces a diverse range of products, from petrochemicals and solvents to aircraft fuel and speciality lubricants It markets them through its wide network of Petrol Stations, Kerosene Dealers, LPG Distributors, Lube Shoppes, besides supplying fuel directly to hundreds of industries, and several international and domestic airlines.
REFINERIES
Limited is a public sector oil company set up in the year 1993, with its 3 MMT refinery situated in Numaligarh, Assam. The Refinery is one of the most technologically advanced and environment friendly refineries in the country.
(BORL), a company promoted by Bharat Petroleum Corporation Limited (BPCL) and Oman Oil Company Limited (OOCL), is setting up a 6 MMTPA grass root refinery at Bina, district Sagar, Madhya Pradesh.
VISION
To be a leading energy company with global presence through sustained aggressive growth and high profitability To be the first choice of customers, always. To exploit profitability growth opportunity outside energy. To be the most environment friendly company.
To be a great organisation to work for. To be a learning organisation. To be a model corporate entity with social responsibility.
MISSION
To make Bharatgas a dominant brand in the segments they market, by becoming trendsetters in Customer Service, Safety and Quality.
BOARD OF DIRECTORS
BRAND AMBASSADOR
Mahendra Singh Dhoni signed on as the Brand Ambassador for BPCL in 2006. Narain Karthikeyan is one other Brand Ambassador for BPCL.