#1
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Hi buddy I heard Bharat Petroleum Corporation (BPCL) is eyeing success in the Australian shale gas sector, is this statement true , tell me about the same ??
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#2
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Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. Yes you heard absolutely right, Indian state owned energy firm Bharat Petroleum Corporation (BPCL) is eyeing success in the Australian shale gas sector, Company’s upstream subsidiary, Bharat Petro Resources (BPRL), has a 27.803% stake in Western Australia’s (WA) Perth Basin considered to be a prolific reserve of shale gas in the world. The shale gas block, EP413, is being operated by Norwest Energy with 27.945% interest and the remaining 44.252% is held by AWE. Type Public Traded as BSE: 500547 NSE: BPCL Industry Oil and gas Headquarters Mumbai, Maharashtra, India Key people S. Varadarajan (Chairman & MD) Products Petroleum, natural gas, and other petrochemicals Revenue 240367 crore (US$36 billion) (2015) Operating income 9777 crore (US$1.5 billion) (2015) Net income 5082 crore (US$760 million) (2015) Total assets 44866 crore (US$6.7 billion) (2015) Owner Government of India Number of employees 12,687 (2015)
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