Top 10 Oil and Gas Company performance in India.

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The oil and gas sector is one of the core industries in India and the largest growing consumer of energy in the world. India’s energy recruitment is fulfilled primarily by Coal, crude oil, natural oil, and renewable energy.

The oil and gas sector within the energy mix plays the main role as one-third of the energy required is met by hydrocarbon. The growing economy and population growth are the main drivers of oil and gas demand every year.

The share of natural gas in India’s energy basket, despite the initial optimism about the domestic gas, finds in KG Basin in 2003, has remained stagnant. the government to develop the gas network in India by auctioning a large number of Geographical Areas in the country under the 9th and 10th CGD auctions, over the past two years

the Ministry of Petroleum and Natural Gas (MOPNG) by 2030, the CGD network will have connected an
additional 300 districts in India with a total investment of Rs. 1.2 lakh crores. In the 9th and 10th CGD bidding rounds in 2018, a total of 136 Geographical Areas (GAs) were awarded, increasing the total coverage of CGD to 70% of India’s population

10. Gujarat State Petronet Ltd

Founded: 1979
Headquarters: Gandhinagar, Gujarat.

Gujarat State Petronet Profile:

GSPC is one of the leading oil and gas exploration, development, and production companies in India. Gujarat State Petroleum Corporation (GSPC) is the flagship concern of the GSPC Group involved in the exploration and production (E&P) of oil and gas.

GSPC is also one of the largest gas trading companies in India and is present in the gas transmission and gas distribution businesses. GSPC exploration, development, and production activities are conducted both onshore and offshore in India and overseas.

GSPC’s current operations involve domestic exploration, Development, and Production of Oil and Gas for offshore areas for oil and gas, under the Petroleum Exploration Licenses (“PELs”) granted by the Government of India (GoI).

they have exploration and development activities in India that involve holding Working Interests in 12 pre-NELP blocks and 9 NELP blocks within India. One of these blocks is located in the KG basin, 18 in the Cambay basin, one in the Mumbai basin, and one Gujarat-Kutch offshore basin.

Gujarat State Petronet subsidiary:

Gujarat Gas Ltd.
Sabarmati Gas
GSPC Pipavav Power Company Limited (GPPC)

Gujarat State Petronet Financial Position:

Revenue: 2,079.42 cr
PAT: 924.24 cr

9. Indraprastha Gas Ltd.

Founded:1998
Headquarters: New Delhi

Indraprastha Gas Profile:

Indraprastha Gas is a leading city gas distribution company in India and it is a joint venture promoted by GAIL (India) Limited and Bharat Petroleum Corporation Limited (BPCL). The government of NCT of Delhi is also a stakeholder with 5% equity.

Indraprastha Gas has a City Gas Distribution business and provides safe and uninterrupted gas supply through its extensive distribution network to transport, domestic, commercial, and industrial consumers.

The operations of the Company are spread over NCT of Delhi, Noida, Greater Noida, Ghaziabad & Hapur, Gurugram, Meerut (except area already authorized), Shamli, Muzaffarnagar, Karnal, Rewari, Kanpur (except area already authorized), Hamirpur & Fatehpur districts, Kaithal district, and Ajmer, Pali & Rajsamand.

Indraprastha Gas Segment/ Product

Compressed Natural Gas (CNG):

Indraprastha Gas Segment/ Product has 555 stations through which it provided gas to 11.45 lakh vehicles.

Piped Natural Gas (PNG)

PNG connections were provided to 13.74 Lakh households and 5578 Commercial & Industrial consumers.

Indraprastha Gas associate companies are:

Central UP Gas Limited (CUGL)
Maharashtra Natural Gas Limited (MNGL)

Indraprastha Gas Financial Position

Revenue: 5,438.68 crores
Profit after tax: 1,005.65 Crores

8. Gujarat Gas Ltd.

Headquarter: Gujarat

Gujarat Gas Profile

Gujarat Gas Limited (GGL) is India’s largest City Gas Distribution (CGD) player in India. GSPC Distribution Networks Limited is the old name of Gujarat Gas.

GGL continues to hold the leadership position in the CGD industry in terms of size and scale of operation, with more than 15.7 lakh households, over 13,100 commercial customers, 564 CNG stations, close to 4,100 industrial units, and over 30,700 kilometers of the natural gas pipeline network. The Company currently continues to flow total gas volume close to 12 mmscmd.

GGL is committed to reaching out to every possible natural gas user in its expanded GAs. The size and scale of the combined entity give it the ability to achieve efficiencies and effectively manage the transformational changes in the sector. This major gain in productivity would benefit all the key stakeholders.

Gujarat Gas has 27 CGD licenses spread across 43 districts in 6 states and 1 Union territory in the states of Gujarat, Maharashtra, Rajasthan, Haryana, Punjab, and Madhya Pradesh, and Union Territory of Dadra & Nagar Haveli.

Gujarat Gas Financial position:

Revenue: 10,042.28 Crores
Profit After Tax: 1207.70 Crores

7. Oil India Ltd.

Founded:1958
Headquarter: Noida

Oil India Limited (OIL) is the fast and innovative development and growth of the Indian petroleum industry. Oil India Limited was incorporated as a Joint Venture Company between Burmah oil company (holding 2/3rd of share capital) and the Government of India (holding 1/3rd of Share capital).

Oil India Limited Profile:

In 1981, Oil India Limited Became a wholly-owned Government of India undertaken. OIL is a premier Indian National Oil Company engaged in the business of exploration, development, and production of crude oil and natural gas, transportation of crude oil, and production of LPG.

Oil India Limited PRODUCT/ SEGMENT:

Crude Oil:

An increase in the crude oil production from the Main Producing Area (MPA )of Assam & Arunachal Pradesh is planned by way of drilling in the Kumchai area, resuming production, and drilling operation in Rohmoria, and by adopting Extended Reach Drilling technology in Dibru-Saikhuwa National Park.

Besides increased exploration and drilling activities, an increase in crude oil production is also planned by implementing state of art technologies. Technologies like Steam Gun perforation, Side Tracking of old wells, etc. also help in enhancing production from the matured fields.

Enhanced Oil Recovery (EOR) is a medium to long-term focus area, where a number of initiatives are being undertaken, to increase production. EOR projects for the following projects are

Polymer Flooding in Naharkatiya Field
Carbonated Water Injection
Capturing, liquefaction, storage, transportation, and pumping of CO2

Natural Gas

Oil India Limited’s commitment to gas supply to its existing as well as new customers, action plans have been initiated for progressively building gas potential from Assam & AP region.

LPG plant has been running at 75-80% of its total capacity.

Pipeline

Oil India Limited owns and operates a 1,157 km long fully automated crude oil trunk pipeline between Naharkatia Barauni.

Oil India Limited SUBSIDIARIES:

Oil India Sweden AB
Oil India Cyprus Ltd
Oil India (USA) Inc.
Oil India International B.V (OIIBV)
Oil India International Pte. Ltd.(OIIPL)
Oil India International Limited (OIIL)

Oil India Limited financial position

Revenue: 8618.38 crores
Profit after tax: 1741.59 crores
Production of Crude Oil (MMT): 2.964
Production of Gas (BCM): 2.480

6. Petronet LNG Ltd.

Founded: 1998
Headquarters: New Delhi

Petronet LNG Profile:

Petronet LNG Limited, one of the fastest-growing world-class companies in the Indian energy sector, has set up the country’s first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 17.5 MMTPA, the Kochi terminal has a capacity of 5 MMTPA.

Petronet LNG Limited, a Joint Venture Company by the Government of India to import LNG and set up LNG terminals in the country, involves India’s leading oil and natural gas industry players.

Petronet promoters are GAIL (India) Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), and Bharat Petroleum Corporation Limited (BPCL).

Petronet LNG SUBSIDIARY AND ASSOCIATE COMPANIES

Petronet LNG Foundation/ SUBSIDIARY
Adani Petronet (Dahej) Port Pvt. Ltd./ ASSOCIATE, 26%
India LNG Transport Co. Pvt. Ltd/ ASSOCIATE, 26%

Petronet LNG Financial Position:

Revenue: 26,022.60 crores
Profit after tax: 2,949.37 Crores

5.GAIL (India) Ltd.

Founded: 1984
Headquarters: New Delhi

GAIL (India) Limited is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG re-gasification, petrochemicals, city gas, E&P, etc

Gail is a public sector undertaking by the government of India(GOI) under the ministry control and administration of Petroleum and Nature gas to leverage the gas reserves of India’s fueling the nation’s industrial and economic growth.

GAIL operates a network of around 13,340 km of natural gas pipelines spread across the length and breadth of the country. It is also working concurrently on the execution of multiple pipeline projects to further enhance the spread. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India.

GAIL is also expanding its presence in renewable energy like Solar, Wind, and Biofuel.

GAIL (India) Limited PRODUCT/ SEGMENT

Nature gas transmission & marketing
City Gas Distribution
Petrochemical
Liquid Hydrocarbon Production and LPG Transmission
Renewable
Exploration and Production

GAIL (India) Limited SUBSIDIARY

Bengal gas company
Brahmaputra Craker and polymer limited
Gail Gas Limited
Konkan LNG Limited
Tripura Natural Gas Company Limited
Gail Singapore ltd
Gail USA Ltd
Gail Global USA LLC

GAIL (India) Limited Financial Position

Revenue: 56,737.79 Crores
Profit After Tax: 4890.18 Crores

4. Hindustan Petroleum Corporation Ltd.

Founded: 1974
Headquarter: Mumbai

Hindustan Petroleum Corporation Profile

Hindustan Petroleum Corporation Ltd(HPCL) is one of the leading Refining & Marketing of petroleum products in India. HPCL also owns the largest Lube Refinery in the country in Mumbai for producing Lube Oil Base Stocks with a capacity of 428 TMTPA.

HPCL has the second-largest petroleum product pipeline network in India with a network length of 3,775 km. HPCL undertakes Exploration & Production (E&P) of hydrocarbons through its wholly-owned subsidiary M/s. Prize Petroleum Company Limited (PPCL).

HPCL owns and operates Refineries in Mumbai & Visakhapatnam with designed capacities of 7.5 MMTPA & 8.3 MMTPA respectively.

HPCL has a vast marketing network consisting of 14 Zonal offices in major cities and 133 Regional Offices facilitated by a Supply & Distribution infrastructure comprising 41 Terminals/Installations/Tap Off Points, 46 Aviation Service Stations, 51 LPG Bottling Plants, 6 Lube Blending plants, 70 Depots including lube depots.

The customer touchpoints constitute 18,692 Retail Outlets 1,638 SKO/LDO dealers, 283 Lube distributors,120 Carrying & Forwarding Agents, 709 CNG facilities at Retail Outlets, and 6,192 LPG Distributorships with a customer base of about 8.7 crores of LPG consumers

HPCL Joint Ventures & Subsidiaries

HPCL-Mittal Energy Ltd. (HMEL), is a joint venture between HPCL and Mittal Energy Investments Pte. Ltd.
Hindustan Colas Pvt Ltd. (HINCOL) HINCOL is a joint venture of HPCL and Colas S.A., France with equity shareholding of 50% each.
South Asia LPG Company Pvt. Ltd. (SALPG) is a joint venture between HPCL and Total Holding India with equity holding of 50% each.
Bhagyanagar Gas Ltd. (BGL) is a joint venture of HPCL and GAIL with an equal equity holding of 48.73% each.
Aavantika Gas Ltd. (AGL) is a joint venture of HPCL and GAIL with an equal equity holding of 49.99% each.
Petronet MHB Ltd. (PMHBL) is a joint venture of HPCL and ONGC with an equal equity holding of 49.996% each.
Mangalore Refinery and Petrochemicals Ltd. (MRPL) is a joint venture of HPCL and ONGC wherein ONGC holds 71.63% of equity, HPCL holds 16.96% equity, and the balance equity is held by the public.
Mumbai Aviation Fuel Farm Facility Pvt. Ltd. (MAFFFL) is a joint venture of Mumbai International Airport Private Limited (MIAL), IOCL, BPCL, and HPCL with an equity holding of 25% each.
GSPL India Gasnet Ltd. (GIGL) is a joint venture of Gujarat State Petronet Ltd. (GSPL), Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), and HPCL
HPCL has 11% equity participation in the company and balance equity is held by GSPL (52%), IOCL (26%), and BPCL (11%).
GSPL India Transco Ltd. (GITL) is a joint venture of GSPL, IOCL, BPCL, and HPCL. HPCL has 11% equity participation in the Company and balance equity is being held by GSPL (52%), IOCL (26%), and BPCL (11%).
Godavari Gas Pvt Ltd. (GGPL) is a joint venture between Andhra Pradesh Gas Distribution Corporation Limited (APGDC) and HPCL with equity stakes in the ratio of 74:26.
Ratnagiri Refinery and Petrochemicals Ltd. (RRPCL) is a joint venture company promoted by IOCL, BPCL, and HPCL with equity participation in the ratio of 50:25:25.
HPOIL Gas Pvt. Ltd. (HOGPL) is a joint venture between HPCL and OIL India Ltd. (OIL) with an equity shareholding of 50% each.
IHB Ltd. (IHBL) is a joint venture company promoted by IOCL, BPCL, and HPCL with equity participation in the ratio of 50:25:25.
HPCL Rajasthan Refinery Ltd. (HRRL) is a joint venture of HPCL and the Government of Rajasthan with 74% equity participation by HPCL and 26% by the Government of Rajasthan.

Subsidiary Companies

Prize Petroleum Company Ltd. (PPCL)
HPCL Biofuels Ltd. (HBL)
HPCL Middle East FZCO,
HPCL Shapoorji Energy Pvt. Ltd. (HSEPL)

Hindustan Petroleum Corporation Ltd(HPCL) Financial position:

Revenue: 269,242.86 crores
Profit after tax:10663.88 crores

3. Oil & Natural Gas Corporation Ltd.

Founded: 1955
Headquarters: New Delhi

Oil & Natural Gas Corporation Profile:

ONGC is the largest crude oil and gas company in India, contributing around 71 percent to Indian domestic production. Crude oil is the raw material used by downstream companies to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG.

ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services.

The government of India under the administrative control of the Ministry of Petroleum & Natural Gas is the wholly-owned subsidiary and overseas arm of Oil and Natural Gas Corporation Limited (ONGC).

ONGC is to prospect for oil and gas acreages outside India, including exploration, development, and production of oil and gas. ONGC Videsh owns Participating Interests in 35 oil and gas assets in 15 countries and produced about 30.3% of oil and 23.7% of oil and natural gas in India’s domestic production.

ONGC subsidiary

ONGC Videsh Rovuma Ltd.,
HPCL Biofuels Ltd.
Prize Petroleum Company Ltd
HPCL Middle East FZCO
HPCL Rajasthan Refinery Ltd
Petronet MHBLtd (PMHB)

ONGC Financial position:

Revenue:360,572.31 crores
Profit After Tax:21,343.45 crores

2. Bharat Petroleum Corporation Ltd.

Founded: 1952
Headquarter: Mumbai

Bharat Petroleum Corporation Profile:

Bharat Petroleum Corporation is one of the Oil and Gas companies in India to a Fortune 500 oil refining, exploration, and marketing conglomerate.

Bharat Petroleum, offers world-class Fuel Stations across India, selling Petrol, Diesel, Automotive LPG, and CNG. It has a wide network of 15,402 world-class Fuel Stations, which continues to grow, across the country, which you can count on. With 13,648 fully automated Fuel Stations

Bharatgascomes from the house of Bharat Petroleum, a Fortune 500 company and a major player in refining and marketing petroleum products in India. Bharatgasfuels over 42 million homes and has brought many innovative products and customer-centric offerings to the customers.

MAK Lubricants is from Bharat Petroleum (BPCL) – and reigns eminently as a trusted brand in lubricants and greases in India and international markets. The comprehensive range offers an extensive selection of 400+ grades spanning various segments.

Bharat Petroleum Corporation Limited (BPCL) is a pioneer in providing aviation fuel services in India. We are in this business for over 75 years and had the privilege of fueling India’s first flight in 1911 in our earlier Avatar.

Bharat Petroleum operates several oil refineries in India. Bharat Petroleum Natural Gas Company was an early mover into the gas business, and co-promoted Petronet LNG Ltd, along with IOC, ONGC, and GAIL.

Bharat Petroleum Corporation subsidiaries

BPCL had 4 subsidiaries and 22 Joint Venture Companies and Associate Companies.
- NUMALIGARH REFINERY LIMITED (NRL)
- BHARAT PETRORESOURCES LIMITED (BPRL)
- BHARAT GAS RESOURCES LIMITED (BGRL)
- BPCL-KIAL FUEL FARM PRIVATE LIMITED (BKFFPL)

Bharat Petroleum Corporation Financial Position:

Revenue: 304,266.28 crores
Profit after tax:17 319.83 Crores

1. Indian Oil Corporation Ltd.

Founded: 1959
Headquarter: Mumbai

Indian OIl Corporation Profile

Indian Oil Corporation Limited (IndianOil) is India’s largest integrated and diversified energy company. IndianOil’s presence across the entire hydrocarbon value chain allows it to create sustainable business outcomes.

IndianOil slowly and steadily rose to a position of leadership with its ubiquitous presence and its diligence to make a mark in the lives of the citizens of India.

Refining, Pipelines, and Marketing

IndianOil enjoys the largest market share among downstream companies in India. We manage one of the largest oil pipeline networks in the world. Indian Oil has an extensive petroleum marketing and distribution network, one of Asia’s largest, enabling us to reach customers in the farthest corners of the country.

Petrochemicals

Indian Oil has been integrating our downstream operations and positioning itself as the second-largest petrochemicals player in India with an international presence.