The Union Cabinet has approved to enhance investment by Bharat Petroleum Corporation Limited in which company

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Bharat Oman Refineries Limited
B	Hindustan Oil Exploration Company Ltd
C	Essar Oil
D	Petronet LNG Ltd

Explanation:

Detailed explanation-1: -Cabinet approves additional investment by Bharat PetroResources Ltd. a wholly owned subsidiary of Bharat Petroleum Corporation Limited for development of BM-SEAL-11 project in Brazil.

Detailed explanation-2: -Bharat Petroleum Corporation Limited (BPCL) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India.

Detailed explanation-3: -The entire operations of Burmah Shell in India were nationalised in 1976 and the Refinery and Marketing Companies were merged to form BPCL. 1952-The Company was incorporated on 3rd November, 1952 under the name Burmahshell Refineries Limited (BSR).

Detailed explanation-4: -On 24th January 1976, the Burmah Shell Group of Companies was taken over by the Government of India to form Bharat Refineries Limited. On 1st August 1977, it was renamed Bharat Petroleum Corporation Limited.

Detailed explanation-5: -Bharat Petroleum Corporation Limited (BPCL) is an Indian government-owned oil and gas explorer and producer, BPCL’S CEO is K. Padmakar.

There is 1 question to complete.