List of Oil Companies in India

  • Post category:Industry
  • Post last modified:December 1, 2021

India is one of the world’s largest nations, and its economy is increasing at an average rate. Transportation is important for reaching places. India imports a considerable quantity of oil and petroleum products from gulf countries. India has some oil reserves in several locations, but not enough to meet the country’s needs. India is one of the world’s largest oil importers, with the majority of its oil coming from Gulf countries.

In recent days, the cost of gasoline has risen inexorably, having a significant influence on transportation charges. Oil industries are a key economic sector that employs hundreds of thousands of people. According to a survey conducted by the government, India has around 125 million metric tons of oil reserves.

Offshoe Oil Rig, by Keri Jackson from Pixabay
NameHead QuartersFoundedOwner, Key PeopleRevenue
Aban OffshoreChennai, Tamilnadu1986Aban Loyd$4.5 Billion
Bharat PetroleumBallard Pier, Mumbai, Maharashtra, India1976Government of India$44.581 Billion
Bongaigaon Refinery and Petrochemicals LimitedBongaigaon, Assam, India1974Government of India$1 Billion
Castrol IndiaMumbai, Maharashtra, India1910Mr. Naveen Kshatriya$426 Million
Chennai Petroleum Corporation LtdChennai, Tamilnadu1965Government of India$6 Billion
Essar EnergyPort Louis, Mauritius1998Essar Group$3 Billion
Essar OilMumbai, India1998Essar Group$ 8.72 Billion
GAIL India LtdNew Delhi, India1984Government of India$7 Billion
Gujarat Gas CompanyAhmedabad, India1980Hasmukh Shah$337 Million
Gujarat State Petroleum CorporationAhmedabad, India1979Government of India 
Hindustan Petroleum Corp. Ltd (HPCL)Mumbai, Maharashtra, India1974Government of India$38 Billion
IBPKolkata, India1909Government of India$2.9 Billion
Indian Oil Corporation Ltd (IOCL)New Delhi, India1964Government of India$86 Billion
Indraprastha GasNew Delhi, India1998M.Ravindran$219 million
Mahanagar GasMumbai, India1995Vipin Chandra Chittoda 
Mangalore Refinery and Petrochemicals LimitedMangalore, Karnataka, India1988Government of India$7 Billion
Oil India LtdDuliajan, Assam, India1959Government of India$1.46 Billion
ONGC CorporationTel Bhavan, Dehradun, India1956Government of India$30 Billion
Petronet LNG Ltd.New Delhi, India Government of India$2.4 Billion
Reliance Natural Resources LimitedMumbai, Maharashtra2000Reliance Industries Ltd$87 million
Reliance PetroleumAhmedabad, India2008Reliance Industries Ltd$665 Million

Note: The above list contains only leading Oil Companies of India, other small Venture Companies were ignored from the List.


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