BPCL, Petrobras signs MoU to diversify crude oil sourcing

BPCL, Petrobras signs MoU to diversify crude oil sourcing: Bharat Petroleum Corporation Ltd has signed an MoU with Brazilian oil major, Petrobras to diversify its crude oil sourcing. The MoU was signed by Arun Kumar Singh (Chairman BPCL) and Caio Paes de Andrade (CEO Petrobras) in Brazil.

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Aim: To strengthen future crude oil trade relations between the two companies and explore potential crude import opportunities by BPCL.

Petrobras operates in an integrated and specialized manner in the oil, natural gas and energy industry.

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