Top Oil and Gas public companies and organizations of India
Key facts about top Oil and Gas public companies and organizations of India are given below:
ONGC
Oil & Natural Gas Commission was established on 14th August, 1956 as a statutory body under Oil & Natural Gas Commission Act (The ONGC Act), for the development of petroleum resources and sale of petroleum products. ONGC was converted into a Public Limited Company under the Companies Act, 1956 and named as “Oil and Natural Gas Corporation Limited” with effect from 1st February, 1994. The Government equity is around 74.15%.
ONGC Videsh Limited (OVL)
ONGC Videsh Limited (OVL), a wholly-owned subsidiary of ONGC, was incorporated as Hydrocarbons India Private Limited in 1965. The primary business of the company is to prospect for oil and gas acreages abroad. These include acquisition of oil and gas fields in foreign countries as well as exploration, production, transportation and sale of oil and gas.
Oil India Ltd
OIL is the pioneer in exploration and production of hydrocarbons in India, and traces its roots back to Oil India Private Ltd., formed in 1959 with Burmah Oil Company Ltd. holding two-thirds of equity and Government of India holding one-third. In 1983 the company became a public sector undertaking of the Government of India. OIL holds stakes in Numaligarh Refinary Limited, Brahmaputra Cracker and Polymer .
GAIL
GAIL (India) Limited, formerly known as Gas Authority of India Limited was established in August, 1984. Having started as a gas transmission company during the late eighties, it grew organically over the years by building a large network of Natural Gas Trunk Pipelines covering a length of over 7000 km.
Chennai Petroleum Corporation Limited (CPCL)
Chennai Petroleum Corporation Limited (CPCL) is a major company in the refinery sector in India.It was formerly known as Madras Refineries Limited and was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO India Inc.,U.S.A. and National Iranian Oil Company (NIOC), Iran having a share holding in the ratio 74:13:13.
Numaligarh Refinery Limited (NRL)
Numaligarh Refinery was set-up as a grass-root refinery at Numaligarh in the District of Golaghat (Assam) in fulfillment of the commitment made by Government of India in the historic “Assam Accord”, signed on 15th August, 1985 for providing the required thrust towards industrial and economic development of Assam. It started operation in 2000.
Mangalore Refinery & Petrochemicals Limited (MRPL)
Mangalore Refinery and Petrochemicals Limited (MRPL) is the first Joint Venture Petroleum Refinery in India
It was formed in 1987 jointly by M/s Hindustan Petroleum Corporation Limited, a public sector company and M/s Indian Rayon and Industries Limited and its associate companies (A.V. Birla Group), was set up with initial processing capacity of 3.69 Million Metric Tonnes Per Annum. This become operational in 1996 and subsequently expanded to the present capacity of 9.69 Million Metric Tonnes Per Annum in September, 1999.
Indian Oil Corporation Ltd. (IOC)
Indian Oil Corporation Ltd. (IOC) was formed in 1964 with the merger of Indian Refineries Ltd. (Estd. 1958) and Indian Oil Company Ltd. (Estd. 1959). It has grown to be India’s largest commercial enterprise. IOC has the distinction of being the first oil company in the country to venture into research and development with the establishment of IOC’s R&D Centre in the year 1972.
Hindustan Petroleum Corporation Limited (HPCL)
HPCL is a mega Public Sector Undertaking (PSU) integrated oil company in India, with Navratna status. It has two refineries producing a wide variety of petroleum products- fuels, lubricants and specialty products; one in Mumbai (West Coast) having a capacity of 6.5 MMTPA and the other in Visakhapatnam (East Coast) with a capacity of 7.5 MMTPA. HPCL owns and operates the largest Lube Refinery in the country producing Lube Base Oils.
Bharat Petroleum Corporation Limited (BPCL)
BPCL is integrated Oil Company in the downstream sector engaged in refining of crude oil and marketing of petroleum products. It has also diversified into production and marketing of petrochemical feedstock. Bharat Oman Refineries Ltd. (BORL) is being promoted by Bharat Petroleum Corporation Ltd. (BPCL) an authorized capital of Rs. 4500 crore and paid-up capital of Rs. 151 crore.
Directorate General of Hydrocarbons (DGH)
The Directorate General of Hydrocarbons (DGH) was established under the administrative control of Ministry of Petroleum & Natural Gas by Government of India Resolution in 1993. Objectives of DGH are to promote sound management of the oil and natural gas resources having a balanced regard for environment, technological and economic aspects of the petroleum activity.
Engineers India Limited (EIL)
Introduction Engineers India Limited (EIL) was established in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects. It has diversified and excelled in various fields and emerged as Asia’s Leading Design, Engineering and Turnkey (LSTK) contracting company in the Petroleum Refining, Petrochemicals, Chemicals & Fertilizers, Pipelines, Offshore Oil & Gas, Onshore Oil & Gas, Terminals & Storages, Mining & Metallurgy and Infrastructure. EIL provides a wide range of technologies for oil & gas processing industry besides a comprehensive range of project related technology and engineering services spanning from project conceptualization to commissioning. EIL also undertakes projects on LSTK basis.
Biecco Lawrie Limited
Biecco Lawrie Limited (BLL), a Government of India Enterprise, under the administrative control of the Ministry of Petroleum & Natural Gas (MOP&NG), was established in 1919 and became a Government Company in 1972. This is a medium sized Engineering Unit with diversified activities having two factories located at Kolkata.
Balmer Lawrie & Company Limited
Balmer Lawrie & Co. Ltd. (BL) was established in 1867 as a Partnership Firm and was incorporated as Private Limited Company in 1924. It was subsequently converted into a Public Limited Company in the year 1936 with its Registered Office at Kolkata. BL is a multi-technology, multi-locational Company with operations spread throughout India and Overseas. The Company’s business interest span both manufacturing and services.
Rajiv Gandhi Institute of Petroleum Technology (RGIPT)
Government set up the Institute at Jais, Rae Bareli district, Uttar Pradesh through an Act of Parliament. RGIPT has been accorded the eminence of being an “ Institute of National Importance”. RGIPT has also initiated setting up of Assam Centre as its constituent unit to educate and train skilled technicians at the certificate and diploma level as per the requirement of Oil & Gas Industry. Govt. of Assam has allotted 100 acres of land at Sivasagar for the Assam Centre of the RGIPT.
Petroleum India International (PII)
Petroleum India International (PII) is a consortium of Public Sector Companies in the petroleum, petrochemicals and engineering sector.
Petroleum Planning & Analysis Cell (PPAC)
The Petroleum Planning & Analysis Cell (PPAC) was created w.e.f. 1st April 2002 after dismantling of the Administered Pricing Mechanism (APM) in the petroleum sector and abolition of the erstwhile Oil Coordination Committee (OCC). It assists Ministry of Petroleum & Natural Gas (MOP&NG) in administrating the subsidy on PDS Kerosene and Domestic LPG and Freight subsidy for far-flung areas. It also assists in Maintenance of information/data bank and communication system to deal with emergencies and unforeseen situations.
Rajiv Gandhi Gramin LPG Vitarak Yojana
Rajiv Gandhi Gramin LPG Vitarak Yojana (RGGLVY) for small size LPG distribution agencies has been launched on 16.10.2009. The LPG agencies under the RGGLVY will be of small size requiring lesser finance/ infrastructure.
- The distributor himself will manage the agency with the help of his/ her family member and one or two employees.
- Age limit for the distributor to be between 21 and 45 years.
- All Agencies under this scheme to be in the joint name of husband and wife.
In case of applicants who are single the ‘spouse’ will automatically become a partner after the marriage. Reservation for SC/ST categories has also been provided for. The selection of the distributor would be by draw of lots from amongst all candidates who have secured more than 80% marks on the criteria of financial capability and education qualifications.
Indian Institute of Petroleum
Indian Institute of Petroleum is one of the instituted of CSIR and is located at Dehradun. It was established in 1960 and is dedicated to R & D in petroleum sector.
Indian Oil Institute of Petroleum Management
Indian Oil Institute of Petroleum Management is a Government of India run institute located in Gurgaon, Haryana. It was set up in 1995 by Indian Oil Corporation (IOC).
