BPCL signs major deals with Petrobras and Shipping Corporation of India

14 Feb 2025 CW Team

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.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..