G Krishnakumar appointed as the chairman of Bharat Petroleum Corporation

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G Krishnakumar has been appointed as the Chairman and Managing Director of Bharat Petroleum Corporation Limited (BPCL), a 'Maharatna' and Fortune Global 500 company.

An Overview of the News

• Krishnakumar is an Electrical and Electronics Engineer from National Institute of Technology, Tiruchirappalli, and a Post Graduate in Finance Management from Jamnalal Bajaj Institute of Management Studies, Mumbai.

• He was earlier an executive director in the company and succeeds Arun Kumar Singh, who retires as chairman in October 2022.

• BPCL was earlier known as Bharat Refineries Limited and was formed after the Government of India acquired Burmah Shell on January 24, 1976.

• BPCL was the first refinery to process Bombay High, a recently discovered indigenous crude.

About Bharat Petroleum Corporation Limited (BPCL)

• Bharat Petroleum Corporation Limited (BPCL) is a state-owned oil and gas company in India that was founded in 1952 and is headquartered in Mumbai, Maharashtra.

• BPCL has a diverse range of products and services that cater to the energy needs of customers in India and abroad. 

• The company operates two large refineries in India, one in Mumbai and the other in Kochi, with a combined refining capacity of over 15 million metric tonnes per annum.

• BPCL has a significant presence in the upstream sector and has exploration and production operations in several countries, including Brazil, Mozambique, and Australia.