BPCL acquires 100% stake in Brazilian oil venture
after close1 source ↓written by the desknot a recommendation
- its ownership
- 100%
- of annual equity
- 1 Mtoe
Bharat Petroleum Corporation Ltd (BPCL) has acquired Videocon’s remaining stake in IBV Brasil Petroleo Ltd, increasing its ownership to 100%. This acquisition is projected to add 1 Mtoe of annual equity production, enhancing BPCL’s global energy portfolio and supporting India's long-term energy security. 🌍💼
Not investment advice. For informational purposes only.