Top 10 Oil and Gas Companies in India
OIL & GAS

Top 10 Oil and Gas Companies in India

The oil and gas industry plays a vital role throughout the lives of humans. We are dependent on them in several ways, hence the industry thrives great demand further driving the economy of the country. It is one of India's eight essential industries, and it has a significant impact on the economy's judgment call. Indian economic market is primarily tied to its energy consumption, thus, the demand for oil and gas is predicted to expand further, consequently rendering the industry relatively favourable for business.

Various Indian oil and gas corporations have made significant contributions to the country's rapid economic expansion. They also provide commercial partnerships with different raw material suppliers and are one of the foremost sources of employment to many people. Construction World brings the top 10 best Oil and Gas companies in India one must know about.

1. Indian Oil Corporation Limited

Indian Oil Corporation Limited is the leader of the oil and gas industry in the Indian market. The company has its headquarters in New Delhi and has been serving throughout the nation being the best oil and gas industry to rely upon. Indian Oil is ranked 212 on the Fortune 500 list, and it is the only Indian company to reach that state. It is planning to expand itself across the borders by becoming global where it aims to establish its subdivisions in Mauritius, UAE, and Sri Lanka. Indian Oil has been fuelling the country magnificently for more than six decades now. Indian Oil has a combined manufacturing capability of 80.55 MMTPA and a pipeline channel of over 15,000 kilometers to support India's economic growth. Indian Oil has a cross-country pipeline network that ensures effective, reasonable and ecologically responsible conveyance of crude oil to refineries and completed goods to high-demand regions. The network has been acclaimed as the safest, most reasonable, resource-adequate, and ecologically sustainable channel in the world.

2. Oil and Natural Gas Corporation (ONGC)

ONGC is a Government-owned company having its headquarters in New Delhi. Maharatna ONGC is India's largest crude oil and natural gas company, accounting for over 71% of domestic output. The company has bagged its position among the Forbes World’s Best Employers List and is acclaimed with Arjuna Awards 2021. ONGC is India's sole completely integrated oil and gas firm, functioning throughout the hydrocarbon value stream. In-place hydrocarbon reserves of 8.98 billion tonnes have been established by the company. With domestic acreages, it has made over 570 oil and gas innovations, including Ultimate Reserves of 3.13 billion metric tonnes (BMT) of Oil Plus Oil Equivalent Gas (O+OEG).

3. Bharat Petroleum

Bharat Petroleum Corporation Limited is an oil and gas company operated by the Indian government. Headquartered in Mumbai, Maharashtra; the company is controlled by the Ministry of Petroleum and Natural Gas, a part of the Government of India. As per Dow Jones Sustainability, Bharat Petroleum is ranked as one of the most sustainable Oil and Gas Companies in India. It is also listed in Fortune 500 and ranked in Forbes garnering much attention and appreciation. Bharat Petroleum has two large refineries in Mumbai and Kochi respectively. The Mumbai refinery has a capacity of 13 million metric tonnes per annum and the Kochi refinery has a capacity of 15.5 million metric tonnes per annum.

4. Gas Authority of India (GAIL)

GAIL (India) Ltd was established as a Central Public Sector Undertaking (CPSU) under the Ministry of Petroleum and Natural Gas in August 1984. It is India's largest natural gas firm, encompassing diverse interests in trading, distribution, LPG manufacturing and transmission, LNG re-gasification, petrochemicals, city gas, E&P, and other aspects of the natural gas value chain. It holds and manages a natural gas pipeline network spanning the vast stretches of the country, comprising 13,340 kilometers. It is also executing many pipeline projects at the same time to increase the distribution. The company has a humongous presence in the liquefied natural gas (LNG) sector. GAIL is also increasing its share of renewable energy, which includes solar, wind, and biofuel.

5. Reliance Petroleum Ltd

More than just a decade old, Reliance Petroleum is the largest private sector company in India dealing with oil and energy. Based in Ahmedabad, the company offers a wide range of products including Petrol, High-Speed Diesel, Lubricants, Auto LPG, and Aviation Fuel. The petroleum retail business gives benefits to consumers with a 100% computerized network underpinned by outstanding technology, with an optimally situated chain of 1380+ retail locations scattered across the country. To each of our consumers, the certainty of the proper quantity at the right price provides true serenity of conscience.

6. Hindustan Petroleum

With its headquarters in Mumbai, Maharashtra, Hindustan Petroleum Corporation Limited (HPCL) is a sister company of Oil and Natural Gas Corporation, which is owned by the Ministry of Petroleum and Natural Gas of the Government of India. The company has 19,341 retail outlets along with 6,210 LPG Distributorship. It has 52 LPG bottling plants and 839 CNG outlets. With 47 aviation fuel stations, Hindustan Petroleum is spread across a pipeline network of 3,775km.

7. Oil India

Oil India was established in 1959, and it is the second-largest oil and gas company in India that is owned by the Government. The company has its headquarters in Duliajan, Assam, and its registered office in Noida, Uttar Pradesh. Research, extraction, and manufacturing of crude oil and natural gas, as well as crude oil distribution and liquid petroleum gas processing, are all businesses that OIL is involved in.

8. Cairn India

Founded in 2006, Cairn India, based in Indian is an oil and gas exploration and manufacturing firm. Vedanta Limited collaborated with the company in 2017. Cairn Oil & Gas is a leading Indian crude oil generator, comprising operations located in Rajasthan, Andhra Pradesh, and Gujarat. Cairn is a pioneer in innovation and development, boasting a spectrum of elevated opportunities throughout the vulnerability gamut. It is committed to expanding in sophisticated geological and geophysical technology to increase the likelihood of venturing progress and maximize the value of its hydrocarbon resources.

9. TATA Petrodyne Ltd

TATA Petrodyne Ltd was founded in 1993 to lead the group's entry into the oil and gas upstream sector. Tata Petrodyne is among the major oil and gas firms, with annual revenue of over $200 billion. Besides its principal Gas, Oil, and Petroleum Products business, it is renowned for its outstanding customer experience.

10. Essar Oil

Essar Global Fund Limited ("EGFL") is a multilateral operator with a diverse portfolio of world-class shares in the energy, infrastructure, metals & mining, and services & technology sectors. Essar Oil has been a popular brand in India for years on account of its active involvement in the discovery and manufacturing of oil and natural gas, as well as the purification and marketing of petroleum products. It is a subsidiary of the Essar Group and is headquartered in Mumbai.

The oil and gas industry plays a vital role throughout the lives of humans. We are dependent on them in several ways, hence the industry thrives great demand further driving the economy of the country. It is one of India's eight essential industries, and it has a significant impact on the economy's judgment call. Indian economic market is primarily tied to its energy consumption, thus, the demand for oil and gas is predicted to expand further, consequently rendering the industry relatively favourable for business. Various Indian oil and gas corporations have made significant contributions to the country's rapid economic expansion. They also provide commercial partnerships with different raw material suppliers and are one of the foremost sources of employment to many people. Construction World brings the top 10 best Oil and Gas companies in India one must know about. 1. Indian Oil Corporation Limited Indian Oil Corporation Limited is the leader of the oil and gas industry in the Indian market. The company has its headquarters in New Delhi and has been serving throughout the nation being the best oil and gas industry to rely upon. Indian Oil is ranked 212 on the Fortune 500 list, and it is the only Indian company to reach that state. It is planning to expand itself across the borders by becoming global where it aims to establish its subdivisions in Mauritius, UAE, and Sri Lanka. Indian Oil has been fuelling the country magnificently for more than six decades now. Indian Oil has a combined manufacturing capability of 80.55 MMTPA and a pipeline channel of over 15,000 kilometers to support India's economic growth. Indian Oil has a cross-country pipeline network that ensures effective, reasonable and ecologically responsible conveyance of crude oil to refineries and completed goods to high-demand regions. The network has been acclaimed as the safest, most reasonable, resource-adequate, and ecologically sustainable channel in the world. 2. Oil and Natural Gas Corporation (ONGC) ONGC is a Government-owned company having its headquarters in New Delhi. Maharatna ONGC is India's largest crude oil and natural gas company, accounting for over 71% of domestic output. The company has bagged its position among the Forbes World’s Best Employers List and is acclaimed with Arjuna Awards 2021. ONGC is India's sole completely integrated oil and gas firm, functioning throughout the hydrocarbon value stream. In-place hydrocarbon reserves of 8.98 billion tonnes have been established by the company. With domestic acreages, it has made over 570 oil and gas innovations, including Ultimate Reserves of 3.13 billion metric tonnes (BMT) of Oil Plus Oil Equivalent Gas (O+OEG). 3. Bharat Petroleum Bharat Petroleum Corporation Limited is an oil and gas company operated by the Indian government. Headquartered in Mumbai, Maharashtra; the company is controlled by the Ministry of Petroleum and Natural Gas, a part of the Government of India. As per Dow Jones Sustainability, Bharat Petroleum is ranked as one of the most sustainable Oil and Gas Companies in India. It is also listed in Fortune 500 and ranked in Forbes garnering much attention and appreciation. Bharat Petroleum has two large refineries in Mumbai and Kochi respectively. The Mumbai refinery has a capacity of 13 million metric tonnes per annum and the Kochi refinery has a capacity of 15.5 million metric tonnes per annum. 4. Gas Authority of India (GAIL) GAIL (India) Ltd was established as a Central Public Sector Undertaking (CPSU) under the Ministry of Petroleum and Natural Gas in August 1984. It is India's largest natural gas firm, encompassing diverse interests in trading, distribution, LPG manufacturing and transmission, LNG re-gasification, petrochemicals, city gas, E&P, and other aspects of the natural gas value chain. It holds and manages a natural gas pipeline network spanning the vast stretches of the country, comprising 13,340 kilometers. It is also executing many pipeline projects at the same time to increase the distribution. The company has a humongous presence in the liquefied natural gas (LNG) sector. GAIL is also increasing its share of renewable energy, which includes solar, wind, and biofuel. 5. Reliance Petroleum Ltd More than just a decade old, Reliance Petroleum is the largest private sector company in India dealing with oil and energy. Based in Ahmedabad, the company offers a wide range of products including Petrol, High-Speed Diesel, Lubricants, Auto LPG, and Aviation Fuel. The petroleum retail business gives benefits to consumers with a 100% computerized network underpinned by outstanding technology, with an optimally situated chain of 1380+ retail locations scattered across the country. To each of our consumers, the certainty of the proper quantity at the right price provides true serenity of conscience. 6. Hindustan Petroleum With its headquarters in Mumbai, Maharashtra, Hindustan Petroleum Corporation Limited (HPCL) is a sister company of Oil and Natural Gas Corporation, which is owned by the Ministry of Petroleum and Natural Gas of the Government of India. The company has 19,341 retail outlets along with 6,210 LPG Distributorship. It has 52 LPG bottling plants and 839 CNG outlets. With 47 aviation fuel stations, Hindustan Petroleum is spread across a pipeline network of 3,775km. 7. Oil India Oil India was established in 1959, and it is the second-largest oil and gas company in India that is owned by the Government. The company has its headquarters in Duliajan, Assam, and its registered office in Noida, Uttar Pradesh. Research, extraction, and manufacturing of crude oil and natural gas, as well as crude oil distribution and liquid petroleum gas processing, are all businesses that OIL is involved in. 8. Cairn India Founded in 2006, Cairn India, based in Indian is an oil and gas exploration and manufacturing firm. Vedanta Limited collaborated with the company in 2017. Cairn Oil & Gas is a leading Indian crude oil generator, comprising operations located in Rajasthan, Andhra Pradesh, and Gujarat. Cairn is a pioneer in innovation and development, boasting a spectrum of elevated opportunities throughout the vulnerability gamut. It is committed to expanding in sophisticated geological and geophysical technology to increase the likelihood of venturing progress and maximize the value of its hydrocarbon resources. 9. TATA Petrodyne Ltd TATA Petrodyne Ltd was founded in 1993 to lead the group's entry into the oil and gas upstream sector. Tata Petrodyne is among the major oil and gas firms, with annual revenue of over $200 billion. Besides its principal Gas, Oil, and Petroleum Products business, it is renowned for its outstanding customer experience. 10. Essar Oil Essar Global Fund Limited (EGFL) is a multilateral operator with a diverse portfolio of world-class shares in the energy, infrastructure, metals & mining, and services & technology sectors. Essar Oil has been a popular brand in India for years on account of its active involvement in the discovery and manufacturing of oil and natural gas, as well as the purification and marketing of petroleum products. It is a subsidiary of the Essar Group and is headquartered in Mumbai.

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