Bharat Petroleum Corporation Limited (BPCL) is a state-controlled oil and gas

Oil and gas

Oil and gas are two commonly associated fossil fuels. The phrase may refer to:*Oil and gas field*Oil and gas law in the United States-See also:* Gasoline* Heating oil* Hydrocarbon exploration* Natural gas* Petroleum industry* Petroleum...

 company headquartered in Mumbai

Mumbai

Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, India. In 2011, Fortune Global 500

Fortune Global 500

The Fortune Global 500 is a ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine....

 ranked the company of 272.
In 1860s during vast industrial development, an important player in the South Asian market was the Burmah Oil Company Ltd.

Burmah Oil Company Ltd.

The Burmah Oil Company was a leading British oil business which was once a constituent of the FTSE 100 Index.-History:The company was founded in Glasgow, Scotland in 1886 by David Sime Cargill to develop oil fields in the Indian subcontinent...

 Though incorporated in Scotland in 1886, the company grew out of the enterprises of the Bhushan Oil Company, which had been formed in 1871 to refine crude oil produced from primitive hand dug wells in Upper Burma.

In 1928, Asiatic Petroleum Company

Asiatic Petroleum Company

Asiatic Petroleum Company was a joint venture between the Shell and Royal Dutch oil companies founded in 1903. It operated in Asia in the early twentieth century. The corporate headquarters were on The Bund in Shanghai, China. The division tested the limits of corporate liability in the Lennard's...

 (India) started cooperation with Burmah Oil Company.