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Web directory > Chemicals > Bharat Petroleum
Bharat Petroleum
Bharat Petroleum is India's second largest oil company in terms of market share, and has a turnover exceeding Rs. 256 billion. Today  the company produces a diverse range of products, from Petrochemicals and Solvents to aircraft fuel and speciality lubricants and markets them through 4400 Petrol Stations, 960 Kerosene dealers and 1180 LPG distributors.
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Corparate Adress:
Bharat Bhavan, 4 and 6 Currimbhoy Road,
Ballard Estate,
Mumbai, MH, 400001
Phone : +91-022-22713000, 022-22714000
Fax : +91-022-22713874
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We at Chemco are committed to build and sustain a large scale, high quality organization with the Customer as our primary focus. This will at large be achieved by delivering high quality products with uniformity at reasonable prices. A regular practice of modifications and improvements based on data and evaluations in all areas of operation, with foremost emphasis on active involvement of customers, suppliers and employees, along with adherence to documented procedures and constant up-gradation of technology, will ensure that our customers remain one step ahead of their competition at all times.
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Oil firms face inventory losses as crude prices decline
Posted on 24th June 2017
Mumbai: Oil prices are at a seven-month low of $45.17, having fallen 20.5% since January 2017 following rising crude production in the US, Libya and Nigeria.

Although this is not a cause for worry in the short term for Indian oil marketing companies (OMCs) Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), falling crude prices over an extended period could hurt. Read More


With arbitration withdrawn, RIL, BP may get higher gas price from KG-D6
Posted on 23rd June 2017
Almost a week after the big-bang announcement by Reliance Industries (RIL) and BP Plc to invest Rs 40,000 crore in the Krishna Godavari Basin field, a senior BP official said that the company has withdrawn its arbitration with the government related to gas prices.

This has triggered expectations that the government could now allow the oil majors to charge a higher price for gas from KG-D6. While the price for domestic natural gas for the period of April 1 to September 30 has been kept at $2.50 per million metric British thermal unit (mmbtu), for deepwater blocks, a higher price of $5.56 per mmbtu is allowed. However, RIL and its partners were denied this price due to arbitration. Read More


BPCL terminates licence of Tej Pratap Yadav's petrol pump
Posted on 17th June 2017
The Bharat Petroleum Corporation Limited (BPCL) on Saturday terminated the license of Bihar Health Minister Tej Pratap Yadav's petrol pump after he failed to furnish a satisfactory explanation to the notice issued over the allocation of the property in the state.

The BPCL declined to further comment on the issue.

On May 31, the BPCL issued notice to Tej Pratap seeking an explanation on the petrol pump license. Read More


Daily revision of petrol, diesel rates: Fuel prices to change every morning from today, key takeaways
Posted on 16th June 2017
Daily revision of petrol, diesel rates: Petrol and diesel prices will be changed on a daily basis. Starting today, the move by state-owned oil companies will mark a departure from the earlier practice of fortnightly revisions of rates, according to reports. Rates will change everyday depending on any movement in international oil rates. Yesterday, petrol price was reduced cut by Rs 1.12 per litre and diesel price was cut by Rs 1.24 per litre. Till now, prices were used to be revised on 1st and 16th of every month based on the fortnightly average of international oil price and the foreign exchange rate, the report says. Read More

IOC, BPCL, HPCL sign agreement to set up $30 bn refinery
Posted on 15th June 2017
State-owned oil firms IOC, BPCL and HPCL on Wednesday signed an agreement to jointly set up India's biggest refinery at Ratnagiri district of Maharashtra at a cost of $30 billion or Rs two lakh crore.

Indian Oil Corp (IOC) will be the lead partner with 50 per cent stake while Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) will take 25 per cent stake each. Read More

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