Bharat Petroleum Corporation Ltd Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Bharat Petroleum Corporation Ltd?
Bharat Petroleum Corporation Limited is an Indian company that refines crude oil and distributes petroleum products. It operates in several areas, including fuels, Bharatgas, MAK lubricants, aviation services, and gas supply for businesses. The company also engages in international trade, proficiency testing, and pipeline management. Bharat Petroleum offers a wide range of products, including petrol, diesel, automotive LPG, CNG, and premium petrol like Speed and Speed 97.
It has different types of fuel stations, such as Ghar, Highway Star, and Pure for Sure. MAK Lubricants provides lubricants and greases in India and abroad. The company runs refineries in Mumbai, Kochi, and Bina, along with LPG bottling and lubricant blending plants at various locations. Its marketing network includes installations, depots, retail outlets, aviation fueling stations, and LPG distribution channels.
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1- Petroleum Products
BPCL is important in refining and distributing petroleum products vital for everyday life and industry.
- Petrol (Motor Spirit or MS): BPCL sells petrol for cars, motorcycles, and other vehicles across India through its many retail outlets. Its branded fuel, Speed, has special additives that improve performance.
- Diesel (High-Speed Diesel or HSD): BPCL provides diesel for trucks, buses, and industries. The company also offers Hi-Speed diesel, which boosts engine performance and fuel efficiency.
- Aviation Turbine Fuel (ATF): BPCL supplies ATF to airlines and aviation companies, helping ensure smooth airport operations. This fuel is essential for both domestic and international flights.
- Kerosene: BPCL mainly distributes kerosene through the public distribution system (PDS) to support household energy needs, especially for cooking and lighting in rural areas.
- Liquefied Petroleum Gas (LPG): BPCL sells LPG under the name BharatGas, which is used for cooking in homes and commercial and industrial purposes. Its LPG services are available to both urban and rural customers.
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2- Refining and Petrochemical Products
BPCL runs large and advanced oil refineries in India that turn crude oil into different products.
- Naphtha: It is a flexible petroleum product. It is a raw material in the petrochemical industry to make chemicals, plastics, and fertilizers. It can also be used as fuel in some industrial settings.
- Furnace Oil is a heavy fuel used in furnaces, boilers, and industrial equipment to generate heat. It is essential for industries like steel, cement, and glass manufacturing.
- Bitumen: BPCL provides bitumen for building roads and infrastructure. It is crucial for developing highways and urban roads in India.
- Propylene: Used in the petrochemical industry to produce plastics and synthetic materials. It is an essential product for BPCL's downstream customers.
3- Lubricants and Greases
BPCL offers various lubricants under the MAK Lubricants brand for cars and industries.
- Automotive Lubricants: These are made for vehicles and include engine oils, transmission oils, and gear oils. They help improve engine performance and increase its lifespan.
- Industrial Lubricants: BPCL provides different lubricants for industrial machines, such as hydraulic oils, metalworking fluids, and greases. These products help heavy industries run smoothly.
- Specialty Oils and Greases: They also have unique products for specific uses, like marine engines, compressors, and turbines.
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4- Gas Distribution and Services
They distribute natural gas for homes and industries through city gas networks and commercial supply chains.
- Compressed Natural Gas (CNG): The company provides CNG for vehicles, encouraging clean energy in city transport. CNG is gaining popularity in India as a cleaner option than petrol and diesel.
- Piped Natural Gas (PNG): pipelines deliver PNG to homes and businesses. It is a clean, easy, and efficient cooking, heating, and industrial fuel.
5- Petrochemical Manufacturing
BPCL has started making petrochemicals. These are important for producing plastics, synthetic fibers, and other chemical products.
- Polypropylene: BPCL's polypropylene is a key material in the plastic industry. It is used to make packaging, car parts, and consumer goods.
- Linear Alkyl Benzene (LAB): LAB is essential for making detergents and cleaning products.
6- Industrial and Commercial Fuels
BPCL supplies fuels designed for businesses, helping different industries run smoothly.
- Bunkering Services: Provides fuel and lubricants to ships at Indian ports. This service is essential for shipping companies and global trade.
- Bulk Fuels: Supplies bulk fuel to large industrial customers, such as power plants, steel mills, and cement manufacturers. The fuels include diesel (HSD), furnace oil, and more.
7- Convenience Retailing and Allied Services
BPCL's retail outlets offer more than just fuel; they provide various extra services.
- In & Out Stores: Many BPCL fuel stations have In & Out convenience stores. Customers can buy snacks, drinks, groceries, and other everyday items there.
- Vehicle Care Services: BPCL provides vehicle maintenance services, including oil changes, car washes, and tire services at some locations.
- Loyalty Programs: offers loyalty programs like SmartFleet for businesses and PetroCard for individuals. These programs give discounts, cashback, and rewards on fuel purchases.
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8- Aviation Services
The company offers refueling and logistics services for aircraft through its Aviation Service Division. It provides high-quality aviation turbine fuel (ATF) to airlines and airport operators in India, helping the aviation industry run smoothly and efficiently.
9- Renewable Energy
BPCL is growing its presence in renewable energy to help India move towards sustainable energy sources.
- Solar Energy: BPCL is installing solar power systems at its refineries, fuel stations, and offices to lower carbon emissions.
- Biofuels: The company is looking into making biofuels like ethanol and biodiesel, which are cleaner than regular fossil fuels. BPCL's biofuel projects support India's energy security and environmental goals.
10- Exploration and Production (E&P)
BPCL is exploring and producing oil and gas in India and other countries. The company is working to secure energy resources by owning parts of oil blocks in India, Mozambique, Brazil, and more.
Question 2: Who are the promoters of Bharat Petroleum Corporation?
The promoter of Bharat Petroleum Corporation Ltd is PRESIDENT OF INDIA who owns 52.98% of the total equity. G Krishnakumar is the chairman of the company and G Krishnakumar is the managing director. Krishna Kumar is a 1998-batch officer of Indian Railway Personnel Service (IRPS). He has been appointed as a director on the board of BHEL.
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