The public sector corporation Bharat Petroleum Corporation is involved in the sale of petroleum products and the refining of crude oil. It is divided into two parts: exploration and production of hydrocarbons and downstream petroleum. A network of installations, depots, retail locations, aircraft fueling stations, and LPG distributors make up the company’s marketing infrastructure.
Bharat Petroleum – Quick Overview
| Particular | Details |
| Company Name | Bharat Petroleum Corporation Limited (BPCL) |
| Type | Public Sector Undertaking (Maharatna PSU) |
| Industry | Oil & Gas – Refining, Marketing & Distribution |
| Founded / Incorporated | 3 November 1952 (as Burmah Shell Refineries Ltd.) |
| Renamed | 1 August 1977 (to Bharat Petroleum Corporation Ltd.) |
| Headquarters | Mumbai, Maharashtra, India |
| Owner / Promoter | Government of India (Ministry of Petroleum & Natural Gas) |
| Chairman & MD | Krishnakumar Gopalan |
| Core Business | Crude oil refining, marketing & distribution of petroleum products |
| Major Products | Petrol, Diesel, LPG, Aviation Fuel, Lubricants, Petrochemicals |
| Refineries / Assets | Refineries at Mumbai, Kochi, Bina |
| Area Served | India & International markets |
| Market Position | 2nd largest Oil Marketing Company in India; Fortune Global 500 Company |
| Stock Exchange Listing | BSE & NSE (Ticker: BPCL) |
| Employees | Approx. 8,747+ |
| Strategic Focus | Energy security, fuel retailing & refining excellence |
| Official Website | bharatpetroleum.in |
Net Worth and Market Cap
As of January 22, 2026, BPCL’s market capitalization, or net value, was 1.53 trillion. In just one year, its market capitalization has grown by 18.54%.
Corporate leadership
Founded in 1952, Bharat Petroleum Corporation Limited is headquartered in Mumbai, India. Vetsa RamaKrishna Gupta is the Director of Finance, while Sanjay Khanna is the MD, Chairman, and Director of Refineries.
Overview of Services
Bharat Petroleum Corporation Limited refines crude oil and sells petroleum products both domestically and internationally. In addition to running convenience stores, restaurants, and electric vehicle charging facilities, the company also runs fuel stations that sell motor spirits, automotive liquefied petroleum gas (LPG), blended fuels, high-speed diesel, compressed and liquefied natural gas, and lubricants. It also provides ATM, money transfer, insurance, and vehicle care services.
Additionally, under the Bharatgas brand, it offers LPG for domestic, commercial, and metal cutting applications; jet fuel; automobile lubricants, including greases, oils, and specialties for automobile engines and gears; industrial lubricants, under the MAK brand; and aviation services, which include storage, transportation, and into plane services.
The company also operates pipelines for the transportation of petroleum products and sells industrial fuels products, bitumen and specialty bitumen, white oils, petcoke, sulfur, solvents, petrochemicals, and petrochemical feedstock products. In addition, it distributes city gas and exports fuel oils and naphtha.
Scale of Operations
It is the second-biggest government-owned downstream oil producer in India, and the Ministry of Petroleum and Natural Gas is in charge of its operations. It runs three refineries in Mumbai, Kochi, and Bina. BPCL was placed 1052nd on the Forbes Global 2000 in 2023 and 309th on the Fortune Global 500 list of the largest companies in the world in 2020.
The following refineries are run by Bharat Petroleum:
Mumbai Refinery: The Mumbai Refinery is situated in Maharashtra, close to Mumbai.
Kochi Refineries: Situated close to Kochi, Kerala.
Bina Refinery: The Bina Refinery is situated in Madhya Pradesh’s Sagar district, close to Bina.
They offer well-known loyalty programs including Smartfleet and Petrocard.
