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Bharat Petroleum Establishes Singapore Unit for Global Energy Trading Expansion
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BPCL Establishes Singapore Arm for Global Energy Trading Expansion
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CNBC TV18
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26-02-2026, 17:42
BPCL Establishes Singapore Arm for Global Energy Trading Expansion
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Bharat Petroleum Corporation Limited (BPCL) incorporated Bharat Petroleum Global Energy Services (Singapore) Pte. Ltd. on February 26, 2026.
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The new wholly-owned subsidiary aims to expand BPCL's trading activities in energy products globally.
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It will establish a trading desk for crude oil, natural gas, petroleum, and other petrochemical products.
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BPCL will hold 100% shareholding in the unit, comprising 2 million shares at $1 each.
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The move follows BPCL's strong Q3 FY26 performance, with net profit and revenue exceeding estimates.
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