Top 20 Oil Extraction Companies in India
Oil extraction companies are businesses that extract crude oil and natural gas from the earth’s subsurface. These companies use a variety of techniques such as drilling, hydraulic fracturing, and offshore platforms to extract these fossil fuels.
Here are some of the major oil extraction companies in India
Oil and Natural Gas Corporation (ONGC)
Indian Oil Corporation Limited (IOCL)
Bharat Petroleum Corporation Limited (BPCL)
Hindustan Petroleum Corporation Limited (HPCL)
Oil India Limited
GAIL (India) Limited
Cairn India
Reliance Industries Limited
Essar Oil Limited
Oilmax Energy Private Limited
Vedanta Limited
Jindal Petroleum Limited
Hindustan Oil Exploration Company Limited
Premier Oil India Private Limited
Great Eastern Energy Corporation Limited
Spice Energy
Hindustan Petroleum Exploration Company
Capital Drilling India Private Limited
BRPL Exploration and Production Private Limited
Tata Petrodyne Limited
These companies are involved in the exploration, production, and distribution of oil and natural gas in India. Some of these companies also have operations in other countries.
Oil and Natural Gas Corporation (ONGC)
Oil and Natural Gas Corporation (ONGC) is an Indian multinational oil and gas company. It is based in Dehradun, India, and is one of the largest oil and gas exploration and production companies in the country.
The company was established in 1956 and is a state-owned enterprise, with the Government of India holding a majority stake in the company.
ONGC is involved in the exploration, production, and distribution of oil and natural gas in India and overseas. The company operates in various countries such as Vietnam, Russia, Egypt, Brazil, and Iran, among others.
It also has a subsidiary, ONGC Videsh Limited, which is focused on acquiring and managing oil and gas assets outside India.
ONGC has a significant presence in the Indian energy sector, and its production and exploration activities contribute significantly to the country’s energy security. The company has also made significant investments in renewable energy projects, including solar and wind energy
Indian Oil Corporation Limited (IOCL)
Indian Oil Corporation Limited (IOCL) is a state-owned Indian oil and gas company, based in New Delhi, India. It is one of the largest commercial oil companies in the country, and is involved in the refining, transportation, and marketing of petroleum products.
The company was established in 1964, and is a part of the Fortune Global 500 list of the world’s largest corporations.
IOCL operates a number of refineries across India, and has a nationwide network of pipelines, depots, and retail outlets for the distribution of petroleum products. The company is also involved in the production and marketing of petrochemicals, including LPG, propylene, and polymers.
In addition to its operations in India, IOCL has a presence in overseas markets, including the Middle East, Southeast Asia, and Africa. The company has strategic partnerships and joint ventures with companies in other countries, and is focused on expanding its global footprint.
Bharat Petroleum Corporation Limited (BPCL)
Bharat Petroleum Corporation Limited (BPCL) is a state-owned Indian oil and gas company, based in Mumbai, India. It is one of the largest refining and marketing companies in the country, and is involved in the refining, transportation, and marketing of petroleum products.
The company was established in 1952, and has a significant presence in the Indian energy sector.
BPCL operates two refineries in India, with a combined refining capacity of over 38 million metric tons per year. The company has a nationwide network of pipelines, depots, and retail outlets for the distribution of petroleum products, and is also involved in the production and marketing of petrochemicals, including LPG, naphtha, and propylene.
In addition to its operations in India, BPCL has a presence in overseas markets, including the Middle East, Southeast Asia, and Africa. The company has strategic partnerships and joint ventures with companies in other countries, and is focused on expanding its global footprint.
BPCL is committed to sustainability and has taken several initiatives to reduce its carbon footprint, including investments in renewable energy projects, energy efficiency measures, and the use of alternative fuels in its operations.
Hindustan Petroleum Corporation Limited (HPCL)
Hindustan Petroleum Corporation Limited (HPCL) is a state-owned Indian oil and gas company, based in Mumbai, India. It is one of the largest refining and marketing companies in the country, and is involved in the refining, transportation, and marketing of petroleum products. The company was established in 1974, and has a significant presence in the Indian energy sector.
HPCL operates two refineries in India, with a combined refining capacity of over 12 million metric tons per year. The company has a nationwide network of pipelines, depots, and retail outlets for the distribution of petroleum products, and is also involved in the production and marketing of petrochemicals, including LPG, naphtha, and propylene.
In addition to its operations in India, HPCL has a presence in overseas markets, including the Middle East, Southeast Asia, and Africa. The company has strategic partnerships and joint ventures with companies in other countries, and is focused on expanding its global footprint.
HPCL is committed to sustainability and has taken several initiatives to reduce its carbon footprint, including investments in renewable energy projects, energy efficiency measures, and the use of alternative fuels in its operations.
Oil India Limited
Oil India Limited (OIL) is an Indian state-owned oil and gas company, based in Duliajan, Assam, India. It is one of the largest oil and gas exploration and production companies in the country, and is involved in the exploration, production, and transportation of crude oil and natural gas.
The company was established in 1959, and is a Navratna public sector undertaking, with the Government of India holding a majority stake in the company.
OIL operates oil and gas fields in various parts of India, and has a significant presence in the Indian energy sector. The company has also made investments in overseas oil and gas assets, including in countries such as Iran, Libya, Nigeria, and Sudan.
In addition to its upstream activities, OIL is also involved in the downstream processing of crude oil, and has a pipeline network for the transportation of crude oil and natural gas. The company is committed to sustainability and has taken several initiatives to reduce its carbon footprint, including investments in renewable energy projects, energy efficiency measures, and the use of alternative fuels in its operations.
GAIL (India) Limited
GAIL (India) Limited is an Indian state-owned natural gas processing and distribution company, based in New Delhi, India. It is one of the largest natural gas companies in the country, and is involved in the transmission, distribution, and marketing of natural gas, as well as the production of liquid petroleum gas (LPG) and other petrochemicals.
The company was established in 1984, and is a Maharatna public sector undertaking, with the Government of India holding a majority stake in the company.
GAIL operates the largest natural gas pipeline network in India, covering over 11,000 km, and is responsible for the transportation of over 60% of the natural gas produced in the country. The company has a significant presence in the Indian energy sector, and is focused on expanding its operations, both domestically and internationally.
In addition to its natural gas business, GAIL is also involved in the trading of liquefied natural gas (LNG), and has invested in a number of LNG terminals and regasification plants across the country. The company is committed to sustainability and has taken several initiatives to reduce its carbon footprint, including investments in renewable energy projects, energy efficiency measures, and the use of alternative fuels in its operations.
Cairn India
Cairn India is an Indian oil and gas exploration and production company based in Gurgaon, Haryana. It was founded in 2006 and is now a subsidiary of Vedanta Limited, one of the largest diversified natural resources companies in India.
The company operates primarily in India and has several oil and gas assets in the country, including the flagship Rajasthan oil field.
Reliance Industries Limited
Reliance Industries Limited (RIL) is an Indian conglomerate company headquartered in Mumbai, Maharashtra. It was founded by Dhirubhai Ambani in 1966 and is now run by his son Mukesh Ambani. RIL is involved in a wide range of businesses, including petrochemicals, refining, oil and gas exploration, telecommunications, and retail.
It is one of the largest companies in India and is widely considered to be a bellwether for the Indian economy. In recent years, RIL has made major investments in digital and technology businesses through its subsidiary Jio Platforms.
Essar Oil Limited
Essar Oil Limited was an Indian multinational oil company based in Mumbai, Maharashtra. It was a subsidiary of the Essar Group, a conglomerate with interests in steel, shipping, energy, and infrastructure.
Essar Oil was primarily involved in the exploration, production, and refinement of oil and gas. In 2017, the company was acquired by Rosneft, a Russian state-owned oil company, and a consortium of investors including Trafigura and United Capital Partners.
The company was renamed as Rosneft Essar Oil Limited following the acquisition.
Oilmax Energy Private Limited
Oilmax Energy Private Limited is an Indian oilfield services company that provides services such as well stimulation, cementing, and acidizing to the oil and gas industry in India. The company aims to support the exploration and production activities of oil and gas companies in India by providing cost-effective and efficient oilfield services.
Oilmax Energy has a team of experienced professionals and utilizes advanced technology to deliver quality services to its clients. Further information on the company’s specific projects, operations, and financial performance is not publicly available.
Vedanta Limited
Vedanta Limited is a diversified natural resources company based in Mumbai, India. It was founded in 1976 and is now one of the largest companies in India. The company is involved in a range of businesses, including zinc, lead, silver, oil and gas, iron ore, copper, and aluminum.
Vedanta has operations in several countries, including India, Australia, Zambia, South Africa, Namibia, Ireland, and the United Arab Emirates. The company is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Vedanta is a subsidiary of Vedanta Resources, a UK-based company that was founded by Anil Agarwal.
Jindal Petroleum Limited
Jindal Petroleum Limited (JPL) is a subsidiary of Jindal Group, an Indian conglomerate company. JPL is involved in the exploration and production of oil and gas. The company was established in 2008 and has operations in India, Africa, and the Middle East.
JPL is headquartered in New Delhi and is focused on finding and developing new oil and gas reserves to meet the growing energy needs of India and the world. The company’s portfolio includes both onshore and offshore assets, and it is committed to safe and sustainable exploration and production practices.
Hindustan Oil Exploration Company Limited
Hindustan Oil Exploration Company Limited (HOEC) is an Indian independent oil and gas exploration and production company based in Mumbai, Maharashtra. The company was established in 1980 and is involved in the exploration, development, and production of hydrocarbons in India and overseas.
HOEC has assets in several countries, including India, Russia, and Myanmar, and is committed to finding and producing new oil and gas reserves to meet the growing energy needs of India and the world. The company is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Premier Oil India Private Limited
Premier Oil India Private Limited is a subsidiary of UK-based Premier Oil Plc, an independent exploration and production company with a portfolio of oil and gas assets in the North Sea, Southeast Asia, and Africa.
The company operates in India, exploring and producing oil and gas, with a focus on offshore and deep-water assets. Information on specific projects and operations in India is limited, as the company does not publicly disclose information on its activities in the country.
Great Eastern Energy Corporation Limited
Great Eastern Energy Corporation Limited (GEECL) is an Indian exploration and production company, based in Kolkata. The company is focused on exploring and producing coalbed methane (CBM), a type of natural gas found in coal seams, in India.
GEECL has operations in the Raniganj (West Bengal) and Jharia (Jharkhand) coalfields in India. The company has developed CBM production infrastructure, including drilling and production facilities, to extract the gas and bring it to market.
GEECL aims to meet India’s growing energy demand through the development and production of CBM. Further information on the company’s specific projects, operations, and financial performance is not publicly available.
Spice Energy
Spice Energy is an Indian oil and gas exploration and production company, based in Mumbai. The company’s focus is on exploration, development and production of oil and gas assets in India and abroad.
It operates a number of oil and gas fields in India and has ongoing exploration activities in other countries. Spice Energy is part of the Spice Group, a conglomerate of companies in various industries including aviation, hospitality, and energy.
Further information on the company’s specific projects, operations, and financial performance is not publicly available.
Hindustan Petroleum Exploration Company
Hindustan Petroleum Exploration Company (HPEC) is a subsidiary of Hindustan Petroleum Corporation Limited (HPCL), an Indian state-owned oil and natural gas company. HPEC is engaged in the exploration and production of oil and gas in India and abroad.
The company has operations in onshore and offshore areas in India, as well as international operations in countries such as Vietnam and Russia. HPEC also participates in a number of joint ventures and consortiums for exploration and production activities.
As a subsidiary of HPCL, HPEC contributes to the larger goal of meeting India’s growing energy demands. Further information on the company’s specific projects, operations, and financial performance is not publicly available.
Capital Drilling India Private Limited
Capital Drilling India Private Limited is a subsidiary of Capital Drilling Limited, an international drilling solutions provider. Capital Drilling India provides drilling services and solutions to the mineral exploration and mining industries in India.
The company has a fleet of drilling rigs and provides services such as core drilling, reverse circulation drilling, and blast hole drilling. Capital Drilling India aims to support the growth of the mining industry in India by providing efficient and cost-effective drilling solutions.
Further information on the company’s specific projects, operations, and financial performance is not publicly available.
BRPL Exploration and Production Private Limited
BRPL Exploration and Production Private Limited is a subsidiary of Bharat Petroleum Corporation Limited (BPCL), an Indian state-owned oil and natural gas company. BRPL is engaged in the exploration and production of oil and gas in India and abroad.
The company has operations in onshore and offshore areas in India, as well as international operations in countries such as Egypt and Mozambique. BRPL also participates in a number of joint ventures and consortiums for exploration and production activities.
As a subsidiary of BPCL, BRPL contributes to the larger goal of meeting India’s growing energy demands.
Tata Petrodyne Limited
Tata Petrodyne Limited is a subsidiary of Tata Sons, the holding company of the Tata Group, a conglomerate of companies in various industries in India. Tata Petrodyne is focused on exploring and producing oil and gas in India and abroad.
The company has operations in onshore and offshore areas in India, as well as international operations in countries such as Australia and Mozambique. Tata Petrodyne also participates in a number of joint ventures and consortiums for exploration and production activities.
The company aims to meet India’s growing energy demand by developing and producing oil and gas assets both in India and abroad. Further information on the company’s specific projects, operations, and financial performance is not publicly available.
