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Oil India was formed in 1959 to operate this new field and other nearby concessions, with Burmah Oil holding 2/3rd equity holding and Government of India holding 1/3rd equity. Later in 1961, this was changed to 50/50 shareholding. In 1982, Burmah Oil transferred all its shares to Government of India and Oil India became 100% Government owned.
The world's highest retail outlet (at an altitude of 3,740 mtr. above mean sea level) under IOCL, in Kaza, Himachal Pradesh IOCL Petrol Pump under construction in Khammam An Indian Oil Fueling Station in Kapsi, Chhattisgarh An Indian Oil Petrol pump near Dera Bassi in Punjab, India An Indian Oil fuel truck on the way to Ladakh A typical IOCL petrol pump in cities of India - Chembur, Mumbai ...
The Oil and Natural Gas Corporation Limited (ONGC) is an Indian central public sector undertaking which is the largest government-owned oil and gas explorer and producer in the country. It accounts for around 70 percent of India's domestic production of crude oil and around 84 percent of natural gas.
Chief Managing Director, Oil and Natural Gas Corporation: Arun Kumar Singh: 7 December 2022 Chairperson and managing director, Gas Authority of India Limited: Sandeep Kumar Gupta: 1 September 2022 Chairperson, Indian Oil Corporation Limited: Shrikant Madhav Vaidya: 1 July 2020 Chairperson and managing director, Oil India Limited: Ranjit Rath: 1 ...
India was the second top net crude oil (including crude oil products) importer of 205.3 Mt in 2019. [1] By March 2021, India's domestic crude oil production output fell by 5.2% and natural gas production by 8.1% in the FY21 as producers extracted 30.4917 Mt of crude oil and 28.67 BCM of natural gas in the fiscal year.
Hindustan Prefab Limited: 2019 29: Scooters India Limited: 2021 30: Hindustan Fluorocarbons Limited: 2021 31: Bharat Pumps & Compressors: 2021 32: Cachar Paper Mill & Nagaon Paper Mill- The units of Hindustan Paper Corporation Limited: 2021 33: Sugar Mill: 2021 34: Handicrafts and Handlooms Export Corporation of India: 2021 35: Indian Drugs ...
The government decided to consolidate the businesses of BPCL before privatization. On 31 March 2021, BPCL announced that it had signed an agreement to acquire a 36.6% stake held by OQ (formerly known as Oman Oil Company) for ₹ 2,400 crore (US$290 million) giving it complete control over Bharat Oman Refinery Limited. [2]
The Numaligarh Refinery is a division of Oil India Limited which is under the ownership of Ministry of Petroleum and Natural Gas, Government of India. It is located at Numaligarh, Golaghat district, Assam in India. Numaligarh Refinery Limited (NRL) was a division of BPCL. It opened in 1999. [3] The commercial production commenced from 1st ...