The history of Oil and Gas industry in India dates back to 1867 with the finding of oil deposits in Makum, Assam. This sector has since then witnessed the emergence of many oil and gas companies in India.  Now this sector in the country commands the sixth rank in the world.

Oil and Gas industry jobs attract numerous young people nowadays. A job in this sector is considered to be a prestigious one. With the rise of many public and private companies in this field the employment opportunities also increased gradually. Rapid growth in oil and gas exploration & drilling tools and services are also in demand in the present scenario.

Major Government Firms in Oil & Gas Sector

Bharat Petroleum Corporation Limited – BPCL is a major distributor of petroleum, cooking gas and diesel in the country. It is one of the Fortune 500 firms that is engaged in the circulation and refining of petroleum products. The company produces a wide variety of products from petrochemicals. It markets the products to more than hundreds of industries and also for the domestic as well as international airlines.

List of Oil & Gas Companies in North Zone

Indian Oil Corporation Limited – IOCL is also a major company in this sector owned by the Government of India. The company engages in the entire processing of hydrocarbon value chain that ranges from refining, transportation through pipeline and distribution of various petroleum products to exploration of crude oil and gas, marketing of natural gas and the petrochemicals.

Oil & Natural Gas Corporation Limited – ONGC is another major firm in the oil and gas sector in India. The company is ranked 3rd among the Oil and Gas Exploration and production industry in the world. It is the biggest multinational company in India with 40 oil and gas projects in more than 15 countries. The company contributes more than 79% of the oil and gas production in the country.

List of Oil & Gas Companies in East Zone

Oil India Limited – The Company is mainly engaged in the field of exploration, improvement and production of crude oil and natural gas. It also provides services like the crude oil transportation and the production of LPG. The company has been wholly under the control of Government of India from 1981.

List of Oil & Gas Companies in South Zone

Chennai Petroleum Corporation Limited – CPCL was formerly known as Madras Refineries Limited. The company is a joint venture between Indian Government, AMOCO and National Iranian Oil Company. The company has two refineries- the Manali refinery and the other one located in Nagapattinam.

List of Oil & Gas Companies in West Zone

Gujarat State Petroleum Corporation Limited – GSPC is one of the leading companies in the oil and gas exploration, development and production field in the country. It occupies the highest position among large gas trading companies. The company also made its presence in the field of gas transmission and distribution. Their activities are organized both in onshore and offshore in the country as well as in overseas.

Hindustan Petroleum Corporation Limited – HPCL is one of the major Oil and Gas companies in the country. The largest lube refinery in India is owned and operated by this company. These lube bas products are of International standards. The company has two main refineries in India which produces a variety of petroleum fuels and specialties.

All the companies mentioned above are the oil and gas companies under the control of Government of India. They contribute a major share to the Indian economy.