The petroleum industry contains the global processes of exploration, extraction, refining, transporting and marketing petroleum products. Petroleum (oil) is the raw material for many chemical products. It is quite hard to imagine industry without oil and gas, anywhere in the world. The role of oil and gas in India also very significant. Here we are listing top 5 petroleum companies in India. Read in detail about famous Oil Companies in India which offers petrol, diesel and other products essential for our daily life.
Indian Oil Corporation
Indian Oil Corporation Limited is an Indian state-owned oil and gas corporation and its headquarters in New Delhi, India. It is India’s largest commercial enterprise with a sales turnover of Rs. 4,50,756 crore (US$ 73.7 billion) and profits of Rs. 5,273 crore for the year 2014-15. It is the world’s 119th largest corporation according to the Fortune Global 500 list. The main products from IndianOil are petrol, diesel, LPG, auto LPG, aviation turbine fuel, lubricants and petrochemicals- naphtha, bitumen, kerosene etc. The total revenue of the corporation is almost 81.55 billion dollars. The Indian Oil Corporation provides the employment to almost 36000 plus workers and 81.55 billion US $ revenue.
Indian Oil Corporation has various brands under the company, includes Indane Gas – Domestic and Industrial Gas, AutoGas – Automotive Natural Gas, Xtra Premium – Automotive Premium Petrol, Xtra Mile – Automotive Premium Diesel, Servo – Lubricants and Greases, Propel – Petrochemicals, IndianOil Aviation – Aviation fuel and LNG at Doorstep – LNG by cryogenic transportation.
Oil and Natural Gas Corporation (ONGC)
Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company founded on 14 August 1956 by Government of India headquartered in Dehradun, Uttarakhand, India. It is Undertaking Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. It is India’s largest oil and gas exploration and production company. Dinesh Kumar Sarraf is the chairman and M.D of the company. It delivering around 69% of India’s crude oil and around 62% of natural gas.
ONGC’s operations include conventional exploration and production, refining and progressive development of different energy sources like coal-bed methane and shale gas. The company’s domestic operations are structured around 11 assets, 7 basins, 2 plants (at Hazira and Uran) and services. It has provides the employment to almost 32,923 employees.
Reliance petroleum limited is the 2nd top most best gas & oil company in India. It is India’s largest private sector companies based in Ahmedabad. Reliance Industries business spread over various areas like petrochemicals, construction,science and technology. The polypropylene plant have the capacity to produce 0.9 million metric tonnes per annul. Reliance announced India’s biggest gas discovery at the Krishna Godavari basin and this was one of the largest gas discoveries in the world.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company and its headquarters at Mumbai, Maharashtra. HPCL operates in 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai of 6.5 Million metric tonnes per annum capacity and the other in Visakhapatnam with a capacity of 8.3 MMTPA. It also operates the largest lube refinery in the country producing lube base oils of international standards in 428 TMT capacity. HPCL has highly motivated workforce of over 11,000 employees working all over India.
Bharat Petroleum Corporation Limited (BPCL) is one of the leading oil companies in India. It is Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. S. Varadarajan is the chairman and MD of this company. BPCL operates two large refineries of the country that located at Mumbai and Kochi. BPCL has been ranked 280th in the Fortune Global 500 rankings. The company holds more than 14,154 employees and main products of Bharat Petroleum Corporation Limited are Petroleum, natural gas, and other petrochemicals.