Bharat Petroleum Company, one of the world's top 500 companies, was founded in 1860, formerly known as the Standard Oil Trust Company, and completed the nationalization reform in 1976, making it the second largest oil company in India

Bharat Petroleum Company (BPCL) is the second largest oil company in India, and the first state-owned enterprise in India to have advanced information processing equipment and take a leading position in information technology, Bharat was founded in 1860 as the Standard Petroleum Trust Company, and in the early days it merged with Anglo-Dutch Shell and Rothschilds to form ASIATIC Petroleum Company in India. THIS WAS FOLLOWED BY THE ESTABLISHMENT OF THE BURMAH-SHELL OIL RESERVE AND DISTRIBUTION COMPANY IN INDIA IN PARTNERSHIP WITH BURMAH PETROLEUM COMPANY, WHICH WAS EVENTUALLY NATIONALIZED INTO BHARAT OIL COMPANY IN 1976.