+
BPCL signs major deals with Petrobras and Shipping Corporation of India
OIL & GAS

BPCL signs major deals with Petrobras and Shipping Corporation of India

Bharat Petroleum Corporation Limited (BPCL) announced two significant agreements to strengthen India’s energy security and maritime capabilities. In the first deal, BPCL signed a one-year strategic term contract with Brazil’s national oil company Petrobras for the supply of Brazilian crude oil. The agreement, which includes an option for a one-year extension, was signed in the presence of India’s Petroleum Minister Hardeep Singh Puri and BPCL Chairman G. Krishnakumar. The deal aims to diversify India’s crude oil sources and ensure stable supplies to BPCL’s refineries. 

On the same day, BPCL also inked a Memorandum of Understanding (MoU) with the Shipping Corporation of India (SCI) to develop a dedicated shipping network for transporting crude oil, gas, and petroleum products. This partnership aligns with the government’s Maritime Amrit Kaal Vision 2047 and focuses on improving operational efficiency while securing India’s energy supply chain. 

BPCL, a Fortune Global 500 company and India’s second-largest oil marketing company, operates three refineries with a combined capacity of 35.3 MMTPA. Its distribution network includes over 22,000 fuel stations and 6,250 LPG distributorships as of August 31, 2024. 

Bharat Petroleum Corporation Limited (BPCL) announced two significant agreements to strengthen India’s energy security and maritime capabilities. In the first deal, BPCL signed a one-year strategic term contract with Brazil’s national oil company Petrobras for the supply of Brazilian crude oil. The agreement, which includes an option for a one-year extension, was signed in the presence of India’s Petroleum Minister Hardeep Singh Puri and BPCL Chairman G. Krishnakumar. The deal aims to diversify India’s crude oil sources and ensure stable supplies to BPCL’s refineries. On the same day, BPCL also inked a Memorandum of Understanding (MoU) with the Shipping Corporation of India (SCI) to develop a dedicated shipping network for transporting crude oil, gas, and petroleum products. This partnership aligns with the government’s Maritime Amrit Kaal Vision 2047 and focuses on improving operational efficiency while securing India’s energy supply chain. BPCL, a Fortune Global 500 company and India’s second-largest oil marketing company, operates three refineries with a combined capacity of 35.3 MMTPA. Its distribution network includes over 22,000 fuel stations and 6,250 LPG distributorships as of August 31, 2024. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code