India’s BPCL future oil, refining landscape to feature much larger petrochemicals footprint

India’s Bharat Petroleum Corp. has crafted out a major expansion strategy that will see the state-run refiner investing close to $6.5 billion over the next few years to sharply expand its footprint in petrochemicals, lubricants and renewables, as it prepares for a changing energy landscape. Company sources said the move is a part of a wider plan by all state-run…