Bina: Bharat Petroleum buys entire stake in Oman’s OQ refinery

Image Credit: Business Standard

Situated at Bina in Madhya Pradesh, OQ’s ((formerly known as Oman Oil Company) entire refinery stake has been bought by India’s Bharat Petroleum (BPCL) at 36.62%

BPCL, previously, had a 63.4% holding in BORL (Bharat Oman Refineries Limited) while OQ owned a 36.6% interest.


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