List of Oil Companies in India

ONGC oil Platform
Photo by Nandu Chitnis via

India is one of the largest countries in the world and developing average in Economy, the transportation system is most importance to connect places, India imports the huge amount of Oil and Petroleum Products from including gulf countries. India has some reserves of oils in some places and is not enough to the country. India is one of the Largest Oil Importer in the world, most of the Oil importing from Gulf Countries. In the recent days, the cost of the petrol hike invariably which impacts hugely on transportation rates. Oil Industries are one of the major economy sectors and employed hundreds of thousands of peoples. India had around 125 million metric tons of Oil reserves according to EIA as on 2010, and second largest in Asia Pacific after China. There are many Oil Reserves in India and many of them are located in Mumbai High and some of the Undeveloped reserves in Bay of Bengal and Rajasthan. ONGC (Oil and Natural Gas Corporation) is the largest Oil Company in India and it covers over 75% of the India’s oil needs.

Name Head Quarters Founded Owner, Key People Revenue
Aban Offshore Chennai, Tamilnadu 1986 Aban Loyd $4.5 Billions
Bharat Petroleum Ballard Pier, Mumbai, Maharashtra, India 1976 Government of India $44.581 Billions
Bongaigaon Refinery and Petrochemicals Limited Bongaigaon, Assam, India 1974 Government of India $1 Billions
Castrol India Mumbai, Maharashtra, India 1910 Mr. Naveen Kshatriya $426 Millions
Chennai Petroleum Corporation Ltd Chennai, Tamilnadu 1965 Government of India $6 Billion
Eassar Energy Port Louis, Mauritius 1998 Essar Group $3 Billion
Essar Oil Mumbai, India 1998 Essar Group $ 8.72 Billion
GAIL India Ltd New Delhi, India 1984 Government of India $7 Billion
Gujarat Gas Company Ahmedabad, India 1980 Hasmukh Shah $337 Million
Gujarat State Petroleum Corporation Ahmedabad, India 1979 Government of India
Hindustan Petroleaum Corp. Ltd (HPCL) Mumbai, Maharashtra, India 1974 Government of India $38 Billion
IBP Kolkata, India 1909 Government of India $2.9 Billion
Indian Oil Corporation Ltd (IOCL) New Delhi, India 1964 Government of India $86 Billion
Indraprastha Gas New Delhi, India 1998 M.Ravindran $219 million
Mahanagar Gas Mumbai, India 1995 Vipin Chandra Chittoda
Mangalore Refinery and Petrochemicals Limited Mangalore, Karnataka, India 1988 Government of India $7 Billion
Oil India Ltd Duliajan, Assam, India 1959 Government of India $1.46 Billion
ONGC Corporation Tel Bhavan, Dehradun, India 1956 Government of India $30 Billion
Petronet LNG Ltd. New Delhi, India Government of India $2.4 Billion
Reliance Natural Resources Limited Mumbai, Maharashtra 2000 Reliance Industries Ltd $87 million
Reliance Petroleum Ahmedabad, India 2008 Reliance Industries Ltd $665 Million

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

Posted by: Worldlistmania Contributor