Bharat Petroleum Corporation Limited is a Maharatna company running since 1871. The company has grown since then as mentioned below:
| Year | Name of the company | Area | Governing Authority |
| 1871 – 1886 | Chef Rohit Oil Company | Scotland | British |
| 1889 | Rangoon oil company, renamed as BUrmah Oil | Assam and Burma | British |
| 1928 | Asiatic Petroleum Company, incorporated as Burmah-Shell Oil Storage
and Distributing Company of India Limited |
Asia | Joint venture of Royal Dutch, Shell and Rothschilds |
| 1950 | Burmah shell | Maharashtra | Government of India |
| 1976 – 77 | Bharat Petroleum Corporation Limited | INDIA | Government of India |
| 2017 | Bharat Petroleum Corporation Limited became MAHARATNA | INDIA | Government of India |
Under the government of India, the company has grown from a localised oil company to a Maharatna deving in several industries including Retail, Lubricants, Aviation, Refinery, Gas, I&C and LPG. There majorly are fou refineries operated under BPCL, namely –
| Refinery | Capacity |
| Mumbai, Maharashtra | 13 million metric tonnes per annum |
| Kochi, Kerala | 15.5 million metric tonnes per annum |
| Bina, Sagar District, MP | 6 million metric tonnes per annum |
| Numaligarh, Assam | 3 million metric tonnes per annum |
Sri D Rajkumar took over as the Chairman of such a huge organization in 2016. He has to look after the import-export, production, resource and budget allocation, legal and financial matters to justify his desgination. It is no way an easy job, however, the salary he gets for his endeavours is just.
Annual Compensation
| Salary | Rs 2,894,577 |
| Bonus | Rs 1,731,308 |
| Total Annual Compensation | Rs 4,625,885 |
Stocks Options
| All Other Compensation | Rs 2,108,374 |
Total Compensation
| Total Annual Cash Compensation | Rs 6,734,259 |
| Total Calculated Compensation | Rs 6,734,259 |
Some of the responsibilities he shares at BPCL are:
- Focus on exploration, production and development.
- Make the investments yield good returns.
- Manage eco-system concers along with occupational hazards, thus ensure sustainable development.
- Increase the status of the organization from a Maharatna to a Navratna.
- Invite oppotunities, sign MoUs, look for feasibile growth opportunities.
- Allocate budget to different projects, bring technological revolution at service and keep a track of everything that happends in the company.
- Sending a direct report to the ministry and regulating bodies, seek permission/approval from the Centre and State for exploration process.
- Manage risks and well as finances. Also utilize modern technology for digitalization of records and services.