Oil and gas are two of the primary rich natural resources in the wide lands of the breathtaking country of India. Since these two products are very in demand in the entire world, it is certainly right to say that India is a gifted land. This is why numerous of oil and gas firms are operating in the country. Here are the top 10 large oil and gas companies in India that are earning a whopping amount of money:
10. Tata Petrodyne Limited
TPL or Tata Petrodyne Limited is actually a Tata Sons Ltd.’s subsidiary. Just like its parent company, TPL is constantly involving in the exploration as well as the production of natural gas and crude oil. Since the year 1993, this company is continually operating until now, proving enough supplies of oil and gas to the consumers not only in India, but in the entire world as well.
9. Hindustan Petroleum Corporation Ltd.
This big-time oil and gas company started its operation way back in the year 1974. It’s a state-owned firm that has a Navratna status. Its main headquarters can be located in the city of Mumbai in the Indian state of Maharashtra. Based on the rankings of Fortune Global 500, this company is in the 260th place in the list of biggest companies in the entire world.
8. Gas Authority in India Limited
GAIL or Gas Authority in India Limited is a natural gas processing as well as distribution firm, which is a state-owned one and the biggest one that can be found in the country. It was in 1984 when this company was founded, and its main headquarters can be found in the city of New Delhi.
As far as hydrocarbon exploration and production companies are concerned, Oil India Limited or OIL is known to be the 2nd biggest one India has to offer. It is owned by the government of India, which is located in the industrial town of Duliajan in the state of Assam. It also has corporate offices situated in Noida City.
6. Reliance Petroleum Limited
It’s actually just a subsidiary of Reliance Industries Limited, which is known to be a big-time private sector oil and gas firm in India. Its main headquarters can be found in the largest city of the state of Gujarat, which is Ahmedabad. Reliance Petroleum Limited is currently focusing on the downstream oil business.
5. Cairn India
The headquarters of this huge oil and gas company is perfectly situated in the city of Gurgaon in the Indian state of Haryana. Unlike any other companies out there, this one is still on its early years of operation since it was just established in the year 2007. However, it doesn’t hold the company to perform well in the industry.
4. Essar Oil Limited
The main headquarters of this company is located in the city of Mumbai, and it is actually just one of the subsidiaries of Essar Group. It’s well-known in producing petrochemicals such as natural gas, fuels, and petroleum.
Stands for Oil and Natural Gas Corporation, such firm was established on August 14, 1956. It is a multinational company that is based in Dehradun, Uttarakhand, India. The government of India is the owner of it. ONGC has $25 billion revenue last 2015.
Bharat Petroleum Corporation Limited has its headquarters built in Mumbai, and this is amongst those state-controlled oil and gas companies in the country. Aside from Mumbai, the company also has its plant in Kochi.
1. Indian Oil
Within the entire India, this is the largest company that produces natural gas and crude oil. The foundation of this company can be traced back in the year 1964, and its headquarters can be found in New Delhi.
These are the top 10 large oil and gas companies in India. Without a doubt, such companies contribute a lot in the progress of the country.