oil and gas companies in india

oil and gas companies in india list

India has a well-established oil and gas industry, consisting of both public sector enterprises and private companies involved in exploration, production, refining, and distribution of oil and gas. Here’s an overview of the major oil and gas companies in India.

The oil and gas industry in India is a critical sector that significantly contributes to the country’s economy and energy security. India is the third-largest consumer of oil and the fourth-largest importer of liquefied natural gas (LNG) globally. The industry spans across various activities including exploration, production, refining, transportation, distribution, and marketing of oil, natural gas, and related products.

Here’s an in-depth look at the oil and gas industry in India:

Importance of Oil and Gas in India

Energy Security: Oil and gas are the primary energy sources, meeting more than 45% of India’s energy needs. India’s growing energy demand, driven by its expanding economy and population, makes this sector vital for energy security.

Economic Contribution: The sector significantly contributes to the Indian economy through taxes, royalties, employment generation, and infrastructure development.

Strategic Importance: Given its reliance on imports for crude oil and LNG, India’s geopolitical strategies are often shaped by the need to secure stable energy supplies.

1. Oil and Natural Gas Corporation (ONGC)

Type: Public Sector Undertaking (PSU)

Overview: ONGC is the largest oil and gas exploration and production company in India, owned by the Government of India. It is involved in the exploration, development, and production of crude oil and natural gas both in India and abroad.

Key Operations:

Oil and gas exploration

Offshore and onshore production

Petrochemicals and refining (via subsidiaries like MRPL)

Website: www.ongcindia.com

2. Indian Oil Corporation Limited (IOCL)

Type: PSU

Overview: IOCL is India’s largest refiner and a major player in the downstream sector. It operates the largest number of oil refineries in India and has an extensive network of fuel stations across the country.

Key Operations:

Refining, marketing, and distribution of petroleum products

Retailing of fuels like petrol, diesel, LPG

Petrochemicals and gas distribution

Website: www.iocl.com

3. Bharat Petroleum Corporation Limited (BPCL)

Type: PSU

Overview: BPCL is one of the leading oil marketing companies in India, with extensive operations in refining, distribution, and marketing of petroleum products. It operates a significant network of fuel stations and LPG distribution.

Key Operations:

Refining crude oil and marketing petroleum products

LPG distribution through Bharat Gas

Exploration and production through its subsidiary Bharat PetroResources

Website: www.bharatpetroleum.com

4. Hindustan Petroleum Corporation Limited (HPCL)

Type: PSU

Overview: HPCL is another major oil refining and marketing company in India. It owns and operates refineries and has a vast distribution network of fuel stations, LPG services, and lubricants.

Key Operations:

Refining and distribution of petroleum products

LPG distribution through HP Gas

Exploration and production activities

Website: www.hindustanpetroleum.com

5. GAIL (India) Limited

Type: PSU

Overview: GAIL is the largest natural gas processing and distribution company in India. It is involved in the transportation and marketing of natural gas, LPG, and other petrochemical products.

Key Operations:

Natural gas distribution and pipeline infrastructure

Petrochemicals, liquid hydrocarbons, and LPG

City gas distribution (CNG, PNG)

Website: www.gailonline.com

6. Oil India Limited (OIL)

Type: PSU

Overview: Oil India Limited is the second-largest government-owned exploration and production company in India, after ONGC. It is involved in the exploration, production, and transportation of crude oil, natural gas, and LPG.

Key Operations:

Onshore and offshore oil and gas exploration

Crude oil transportation and natural gas distribution

Website: www.oil-india.com

7. Reliance Industries Limited (RIL)

Type: Private

Overview: Reliance Industries, led by Mukesh Ambani, is one of the largest private-sector conglomerates in India. It operates one of the world’s largest oil refineries and is involved in the exploration and production of oil and gas, as well as the distribution of petroleum products.

Key Operations:

Refining and petrochemicals through Reliance Refinery at Jamnagar

Oil and gas exploration through Reliance Exploration & Production

Retail of petroleum products through Reliance Petrol

Website: www.ril.com

8. Cairn Oil & Gas (Vedanta Limited)

Type: Private

Overview: Cairn Oil & Gas, a subsidiary of Vedanta Limited, is one of the largest private-sector oil and gas exploration and production companies in India. It has significant oil and gas fields, including in Rajasthan and the Krishna-Godavari Basin.

Key Operations:

Onshore and offshore oil and gas production

Exploration activities across India

Website: www.cairnindia.com

9. Nayara Energy (formerly Essar Oil)

Type: Private

Overview: Nayara Energy is a leading private player in the refining and retailing sectors in India. It operates one of India’s largest oil refineries and has a growing network of retail fuel outlets.

Key Operations:

Refining crude oil and marketing petroleum products

Retail of fuels through Nayara petrol stations

Website: www.nayaraenergy.com

10. Petronet LNG Limited

Type: Joint Venture (PSU)

Overview: Petronet LNG is a joint venture between major public sector oil companies like ONGC, IOCL, BPCL, and GAIL. It focuses on the import, storage, and regasification of liquefied natural gas (LNG).

Key Operations:

LNG import and regasification

Natural gas distribution

Website: www.petronetlng.com

11. Adani Total Gas Limited

Type: Private

Overview: A joint venture between Adani Group and TotalEnergies, Adani Total Gas Limited is involved in city gas distribution, focusing on natural gas for households (PNG), CNG for vehicles, and gas for industries.

Key Operations:

City gas distribution (CNG, PNG)

Website: www.adanigas.com

These companies play a pivotal role in India's energy sector, contributing significantly to the exploration, production, refining, distribution, and marketing of oil, gas, and petroleum products.