Thursday , May 26 2022
Gas and Oil Companies in India

Top 10 Gas and Oil Companies in India

There are about 64,500 oil and gas outlets in India. Indian oil and gas companies are the pillars of the economy of the country. Among all of the oil and gas companies here is the list of top 10 Indian natural Gas and oil companies.

1. Reliance Industries Limited

Reliance Industries Limited is one of the topmost oil and natural gas companies in India. They supply about 75% of Indian domestic production of oil and natural gas. The company was founded 47 years ago in 1973 by Mr Dhirubhai Ambani.

The headquarters of the company is located in Mumbai, Maharashtra, India. Currently, the main person of the company is Mukesh Ambani, son of Dhirubhai Ambani.

The company mainly deals with petrochemical, refining and other oil and natural gas-related works. The other businesses that the company deals with include telecommunications, textiles business, retail business special economic zone development, natural resources, television, entertainment, banking etc.

2. Hindustan Petroleum Corporation Limited (HPCL)

Hindustan Petroleum Corporation Limited is one of India’s top oil and gas corporations and has two of their major refineries one in Mumbai and another in Visakhapatnam.

51% of the shares of this company are owned by the government of India. The company was founded 46 years ago in 1974. Now the company is run by Mr M K Surana. The headquarters of the company is situated in Mumbai, Maharashtra, India.

The company produces a wide range of petroleum fuels such as petrol, diesel, liquified petroleum gas, aviation turbine fuel, lubricants, emulsion, natural gas, liquified natural gas etc.

3. Oil And Natural Gas Corporation Ltd

Oil and Natural Gas Corporation or ONGC has been ranked as the top energy company in India. It is an Indian oil and natural gas company owned by the government of India along with LIC, GAIL and Indian Oil. It is the largest oil and gas exploration company in India.

The company was founded 64 years ago on 14th August in the year 1956. The present CEO of the company is Shashi Shanker. The headquarters of the company is in New Delhi.

The company produces many products related to oil refineries such as natural gas petroleum, liquified natural gas, petrochemicals, lubricants, electricity etc.

4. Bharat Petroleum

Bharat petroleum is India’s second-largest and world’s one of the biggest oil and gas companies. The 52.98% shares of the company are owned by the government of India and the rest is owned by foreign Portfolio Investors, BPCL, Mutual Funds and UTI and Insurance Companies.

Mr D Rajkumar is the current chairman and MD of the Bharat Petroleum ltd. The headquarters of the company is located in Mumbai, Maharashtra.

The company has two major oil refineries one in Mumbai and another one in Kochi that produces many products related to oil refineries such as natural gas petroleum, liquified natural gas, petrochemicals, lubricants, electricity etc.

5. Indian Oil Corporation

Indian Oil Corporation is one of the top 10 Indian Oil and Gas companies. It is the largest commercial oil company in India which is owned by the Indian government.

The company was established 61 years ago on 30th June in the year 1959. The current Chairman of the company is Shrikant Madhav Vaidya. The headquarters of the company is located in New Delhi and the registered office is in Mumbai.

Indian Oil Corporation serves many countries rather India including Sri Lanka, Mauritius, Middle East etc. The oil refinery related products of the company include natural gas, petrochemicals and petroleum.

6. Oil India Limited or OIL

Oil India Limited or OIL is primere gas and oil company that is engaged in the business related to the development and production of natural gases and crude oil.

The company is owned by the Indian government and was founded on 18 February in the year 1959. Mr Sushil Chandra Mishra is the present chairman and MD of the company. The headquarters of the company is situated in Noida and the registered office is in Duliajan.

The company deals with many products that are related to the production of crude oil and natural gas such as petroleum, natural gas and petrochemical etc.

7. GAIL India ltd

GAIL India Limited or Gas Authority of India Limited India is the largest state-owned natural gas processing and distribution company in India. This is a state-owned enterprise of the government of India.

It was established 36 years ago in 1984. The headquarters of the company is located in New Delhi, India. Products of the company include natural gas, petrochemicals, liquified petroleum gas, city gas transmission, E&P, liquid hydrocarbons etc.

8. Nayara Energy Limited

Nayara Energy Limited is India’s second-largest single-site oil refineries that have more than 5700 outlets all over India. The company is owned by Rosneft, Trafigura Group and United Capital Partners.

Their headquarters is located in Mumbai, Maharashtra. The current CEO of the company is B. Anand and the chairman is Tony Fountain.

The company encompasses many businesses such as the production and development of oil refining, marketing etc. Petroleum is the main product of their company.

9. Castrol India Limited

Castrol India Limited is the second-largest automotive and industrial lubricants manufacturer of India. It is also one of the oldest manufacturers of automotive and industrial lubricants in India, which was established 110 years ago in 1910.

It is owned by BP( The British Petroleum company). The headquarters of the company is located in Mumbai, Maharashtra. The products of the company include oil, lubricants, petroleum, petrochemicals etc.

10. TATA Petrodyne

TATA Petrodyne, a subsidiary company of TATA group companies, is considered as one of the top India oil and gas companies. It was established in the year 1993 by J. R. N. Tata. It is a private limited company that has joint ventures with many international companies along with TATA Group of companies.

Headquarters of the company is located in Mumbai, Maharashtra. The businesses managed by the company are natural oil, gas and petroleum products. These are the leading oil and natural gas companies in India. Their resources are very important in the growth of economic conditions of the country and they also serve as a great source of employment.

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