10. Tata Petrodyne
Tata Petrodyne is measured as one of the leading Oil and Gas Companies with a yearly turnover of around 200 Billion Dollars. It is a subsidiary company of the great TATA companies. It is recognized for its implausible customer services apart from its main Gas, Oil, and Petroleum Products business. This is a privately-owned company with excellent employee configuration and has headquartered in Mumbai. This company is interested in two offshore blocks in the UK and Australia, respectively, and offshore and onshore blocks in different states of India. In the tenth position, we have Tata Petrodyne. It is one of the leading groups of the company in the oil and gas sector. Its head office is located in Mumbai, Maharashtra.
The company’s turnover is 100 Billion dollars. It is the subsidiary of the TATA group of companies founded by J.R.N. Tata. The company has joint ventures with various other international companies and has ties with countries like Amsterdam, Perth, and Jakarta.
9. Oil India Ltd
Oil India Limited (OIL) is placed on the list as it is the second-largest hydrocarbon exploration & production (E&P) Indian public sector Company having its headquarters in Duliajan, Assam. This company is run under the administrative control of the Ministry of Petroleum and Natural Gas of the Indian Government. This oil and gas company is active in the development, exploration, and production of crude oil and natural gas, conveyance of crude oil, and manufacture of liquid petroleum gas. It holds a large market capitalization of Rs. Thirty-one thousand crores, serving many employees all over India.
It has more than 11000 employees with a business turnover of 35 Billion dollars. It is governed by the Ministry of Oil and Natural gas of the country with Mr. Utpal. Bora as the Chairman and Managing Director. It was started in the year 1889 and is one of the oldest oil companies in India. The company is a state-owned Navratna and has its corporate offices in Noida.
8. Hindustan Petroleum Corporation
HPCL is an Indian state-owned oil and natural gas company with its headquarters in Mumbai and has gained Navratna status. This company has been ranked 260th in the Fortune Global 500 rankings of the world's biggest corporation sold in 2013 and ranked 4th among India’s Companies for the year 2012, adding to its popularity. It has a nearly 20% marketing share among PSUs and holds a robust marketing infrastructure. This Oil and Gas Company is a Navratna PSU of the Indian Government contributing to refining and marketing petroleum-based products. It has three refineries and possesses an extensive network of petrol pumps as well as LPG distributors.
This company is a state-owned oil and natural gas company whose head office is located in Mumbai. The company has more than 18000 employees and a business turnover of 8 Million dollars. It was founded in the year 1974. The Government of India owned 51.11% of the company and was also listed in the Fortune Global 500 list of the world’s most giant corporations as of 2016. M.K. Suvarna is the managing director and Chairman of the company.
7. Gas Authority of India
GAIL or the Gas Authority of India is another state-owned oil and natural gas company. Its head office is located in New Delhi. It has more than 4000 employees and an 8 Billion Dollar turnover. This company correctly relates to its names as it has a strong influence over all other similar industries in the list of the finest Indian Oil and Gas Company. Its yearly turnover exceeds 10 Billion Dollars, and it is more recognized in India as the most politically immersed. It is known to supply quite affordable Oil, Gas, and Petroleum Products to the entire world with its headquarters in New Delhi. It is a public sector company that employs 4,700+ employees overall.
The company earned its Maharatna status in 2013 by the Government of India. The company was founded in the year 1984. Shri B. C. Tripathi is the Chairman and the managing director of the country. It is one of the country’s most trusted brands.
6. Cairn India
Founded in the year 2007 this company has its head office in Gurgaon, Haryana. The company’s turnover is 3400 Million dollars. With more than 2000 employees, this is one of the emerging names in the company's oil and natural gas sector. The Cairn India Company highlights the fifth position in the list of the topmost oil and gas companies with a turnover of approximately 3,400 Million Dollars and higher. This Oil and Gas Company stands out from others because of its exceptionally massive business coverage. It manufactures the best Oil, Gas, and Petroleum Products for different agencies in India and overseas, and it is incorporated as a public sector company. It employs many employees with a number crossing 2000 and its headquarter is situated in Gurgaon, Haryana.
The CEO of the company is Mayank Ashar, and the chairman is Navin Agarwal. The company serves in India and has its holdings in Sri Lanka and also South Africa. It is one among India’s Top 10 Largest Oil And Gas Companies 2017.
5. Essar Oil Limited
Essar Oil has been an established name in India for many decades because of its active contribution in exploring and producing oil and natural gas, purifying crude oil, and advertising petroleum products. It is a share of the Essar Group with headquarters in Mumbai.
It runs a significant refinery in Vadinar, in Gujarat state, making it the second most significant non-state refiner in India in 2009. This company is engaged in the exploration of crude oil and the marketing of natural gas.
The company’s head office is located in Mumbai. With a turnover of 9 Billion Dollars and more than 75000 employees, this company provides excellent services to its clients. The company's Chairman is Ravi Ruia, and Lalit K Gupta is the Managing director and the CEO. The major refinery of this company is located in Vadinar, Gujarat, which makes it the largest non-state refinery in the country.
4. Reliance Petroleum Limited
The Reliance Petroleum Limited Company has ruled oil and gas production for many decades, with its headquarters located in Ahmadabad. The company holds the title of being the most versatile and customer-based company in the country and globally. It also helps clients by sharing possibilities of finding the most practical oil and gas capitals for business. Apart from supplying oil and other LPG products, it carries out discourses to a comprehensive audience platform worldwide. It belongs to a Government-owned sector, having employed more than 10,000 employees. A subsidiary of Reliance Company Limited was founded in the year 2008.
The company’s head office is located in Ahmadabad, Gujarat, and has a turnover of 670 Million dollars. It has more than 10000 employees. Mukesh Ambani is the key person of this company. Reliance Petroleum Limited has benefited from an alliance with Chevron India Holdings Pte Limited, Singapore. The Jamnagar refinery is the source of the company’s oil and is the biggest refinery in the country.
3. Bharat Petroleum
The Bharat Petroleum Company tops this list at the fourth position as it has effectively turned over more than 40 Billion Dollars. It is a more recommended company as it is pretty affordable compared to its competitors, has its headquarters in Bangalore. The company targets to provide the most refined quality Oil, Gas, and Petroleum Products tested after a thorough manufacture process to India and overseas. It belongs to the category of a publicly-owned industry with around 14,000+ employees. The head office of Bharath petroleum is located in Mumbai, Maharashtra.
With a turnover of 40 Billion Dollars, the company has more than 15000 employees and is well known in Oil, Gas, and Petroleum. The company has two significant refineries situated in Mumbai and Cochin. The company was ranked on the Fortune 500 global list. S. Varadarajan is the Managing Director and the Chairman of the company. It is also another undertaking of the Government of India.
2. ONGC
This Oil and Gas Company ranks at third position in the list and secures number eight in the entire world. It records a large turns-over of over 6.50 Billion Dollars a year and is acknowledged as one of the most reliable industries in India. This Oil and Gas Company belongs to the public sector category and has provided employment opportunities for nearly 33,000+ applicants.
The company exploits hydrocarbons in 26 sedimentary basins of the country and operates over 11,000 kilometers of pipelines. Oil and Natural Gas Corporation, or the ONGC, has its headquarters in Dehradun, Uttarkhand. It was founded in 1956 and had a turnover of 6.50 Billion dollars. The company has more than 33000+ employees and is one of the biggest names in the Oil and gas sector of the country. It is the largest among all the governments undertaking in the oil and natural gas sector. It was ranked in the Fortune Global 500 and is also 17th among Platts' Top 250 Global Energy Companies.
1. Indian Oil Corporation
Indian Oil Corporation Limited (briefly identified as IndianOil) is an Indian state-owned oil and gas firm located in New Delhi. This company is the world’s 88th largest company, as per the Fortune Global 500 list, and the largest in the category of a public corporation in India when ranked by re Theis the Oil and Gas Co that operates the extensive network of fuel stations all over India, totaling about 20,575. Other brands possessed by this are AutoGas – Automotive Natural Gas, Xtra Premium – Automotive Premium Petrol, Xtra Mile – Automotive Premium Diesel, IndaneGas – Domestic and Industrial Gas, and Servo – Lubricants and Greases.
In the first position, we have Indian Oil Corporation. This company was started in the year 1959. The company’s headquarters is located in New Delhi, India. It has a 28 Billion Dollar turnover and more than 35000 employees. It is another public sector undertaking and has its business spread across the globe. It also has its subsidiaries in Sri Lanka, Mauritius, and UAE.
These are the major players in the oil and natural gas companies of India 2017. It is essential to preserve our resources and also make the best use of them. Top Companies involved in the business of the Oil & Gas sector not only funds the growth of the economy through its products but also provide a great range of employment prospects to the right talents. This sector holds a large production process and a large base of officials involved for the best outcome in oil and gas production.
You must be logged in to post a comment.