Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra.

The Corporation operates two large refineries of the country located at Mumbai and Kochi.

The company is ranked 358th on the Fortune Global 500 list of the world's biggest corporations as of 2016.

On 24 January 1976, the Burmah Shell 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.

Shareholding of Promoter and Promoter Group

Central Government / State Government(s)

No. of Share-holders 1

Total NO. of Shares 1,191,600,360

Total No. of Shares held in
Dematerialized Form 1,191,600,360

Total Shareholding as a % of total No. of Shares

As a % of(A+B) 54.93

As a % of (A+B+C) 54.93

Operations

Bharat Petroleum operates the following refineries:

Mumbai Refinery : Located near Mumbai, Maharashtra. It has a capacity of 13 million metric tonnes per year.

Kochi Refineries : Located near Kochi, Kerala. It has a capacity of 15.5 million metric tonnes per year.

Bina Refinery : Located near Bina, Sagar district, Madhya Pradesh. It has a capacity of 6 million metric tonnes per year. This refinery is operated by Bharat Oman Refineries Limited, a joint venture between Bharat Petroleum and Oman Oil Company.

Numaligarh Refinery : Located near Numaligarh, Golaghat district, Assam. It has a capacity of 3 million metric tonnes per year.

The company business is divided in seven SBUs( Strategic Business Units), like Retail, Lubricants, Aviation, Refinery, Gas, I&C and LPG.