Oil & Gas Industry In India

Introduction•Petroleum became first Primary Global Energy Source

•Indian Oil and Gas Industry have been successful in fuelling the rapid growth of the Indian economy.

•The foundation of the Indian Oil & Gas Industry was laid by the 1954 Industrial Policy Resolution.

History

Colonial Rule (1858-1947)The first well was completed in 1890 and the Assam Oil Company was established in 1899 to oversee production.

Independence (1947-1991)After India won independence in 1947, the new government naturally wanted to move away from the colonial experience which was regarded as exploitative. In terms of economic policy this meant a far bigger role for the state.

Colonial Rule (1991-Present)After Independence, India made significant efforts for its refining capacity. In the first decade immediately after independence, three coastal refineries were established by multinational OIL companies operating in India at that time.

Size of the IndustryIndia today has total reserves of 775 million metric tones (MMT) of CRUDE OIL and 1074 billion cubic meters

Today, there are about total of 18 refineries in the country comprising 17 in the Public Sector, one in the private sector.

India produced roughly 880 thousand barrels per day (bbl/d) of total OIL in 2009 from over 3,600 operating oil wells

Output per Annum

Employment Opportunity

Petroleum engineers, Geoscientists, Pipeline engineers, Reservoir engineers, Design engineers, Shipping officers, Geologists,Drilling supervisors, Pipe stress engineers, Reservoir managers, Many more categories.

Indian Oil Corporation LtdFounded : 1964Head Quarters : New DelhiChairman : B. AshokRevenue : $ 81.55 Billions (2014)Owner : Government Of India

Indian Oil began operations in 1958 as Indian Oil Company Ltd. The Indian Oil Corporation was formed in 1964, with the merger of Indian Refineries Ltd.

Brands:•Indane Gas - Domestic and Industrial Gas•AutoGas - Automotive Natural Gas•Xtra Premium - Automotive Premium Petrol•Xtra Mile - Automotive Premium Diesel•Servo - Lubricants and Greases•Propel - Petrochemicals•IndianOil Aviation - Aviation fuel•LNG at Doorstep - LNG by cryogenic transportation

International rankingsIndianOil is the highest ranked Indian company in the Fortune Global 500 listing, at the 88th position in 2013. It is also the 18th largest petroleum company in the world and the No. 1 petroleum trading company among the national oil companies in the Asia-Pacific region.IOCL was featured on the 2011 Forbes Global 2000 at position 243.It is the fifth most valued brand in India according to an annual survey conducted by Brand Finance and The Economic Times in 2010.

HPCL was incorporated in 1974 after the takeover and merger of Erstwhile Esso Standard and Lube India Limited by the Esso (Acquisition of Undertakings in India) Act 1974 Caltex Oil Refining (India) Ltd.- CORIL was taken over by Govt. of India. in 1976 and merged with HPCL in 1978 by the CORIL-HPCL Amalgamation Order, 1978. Kosan Gas Company was merged with HPCL in 1979 by the Kosangas Company Acquisition Act, 1979.

Hindustan Petroleum Corporation Founded : 1974Head Quarter: MumbaiC.E.O : Nishi VasudevaRevenue : $ 37.85 Billion (2014)Owner: Government of India (51.11%)

Petrol : Known as Motor Spirit (MS) in Oil Industry. HPCL markets the product through its retail pumps spread all over India. Its principle consumers are regular personal vehicle owners.Diesel : Known as High Speed Diesel (HSD) in Oil Industry. HPCL markets the products through its retail pumps as well as terminals and depots. Its consumers are not only regular auto owners but also transport agencies, industries etc.LPG : HPGAS, The HPCL brand of LPG is a popular brand across India for domestic and industrial uses..Aviation Turbine Fuel [10] With major ASF(Air Service Facility) present in all major airports of India. HPCL is a key player in this sector supplying ATF to major airlines. It has an accomplishment of sorts to supply fuel to US Air Force 1.BitumenFurnace Oil

PRODUCTS

International rankings

• HPCL is a Fortune Global 500 company as per the ranking of 2013 and was ranked at position 260.

• HPCL was featured on the Forbes Global 2000 list for 2013 at position 1217

• It is 10th most valuable brand in India according to an annual survey conducted by Brand Finance and The Economic Times in 2010.

Oil and Natural Gas CorporationFounded : 1956Head Quarters: DehradunChairman : D K SarrafRevenue : $ 27.6 Billions (2012)Owner : Government of India

Oil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, India. It is a Public Sector Undertaking (PSU) of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.

Products and servicesONGC supplies crude oil, natural gas, and value-added products to major Indian oil and gas refining and marketing companies. It primary products crude oil and natural gas are for Indian market.Product-wise revenue breakup for FY 2012-13 (₹ billion):

Product RevenueCrude Oil 562.38Gas 168.88LPG 31.48Naptha 76.80C2C 313.44SKO 3.69Others 1.59Adjustments- 32.74Total825.52

•ONGC was ranked as the Most Attractive Employer in the Energy sector in India, in the Randstad Awards 2013•ONGC received the ‘Golden Peacock Award 2013’ for its HSE practices.•In April 2013, it was ranked at 155th place in the Forbes Global 2000 for 2012.•In 2011, ONGC was ranked 39th among the world's 105 largest listed companies in 'transparency in corporate reporting' by Transparency International making it the most transparent company in India.

Awards and recognitions

Gas Authority Of IndiaFounded : 1984Head Quarter: New DelhiC.E.O : B C Tripathi. Revenue : $ 9.8 Billion (2014)Website: www.gailonline.com

GAIL (India) Limited is the largest state-owned natural gas processing and distribution company in India, It is headquartered in New Delhi.

Natural Gas, Liquid Hydrocarbon, Liquefied petroleum gas Transmission, Petrochemical, City Gas Distribution, Exploration and Production, GAILTEL and Electricity Generation.

Business segments

Social Responsibility Of GAIL

In terms of the guidelines issued by the Department of Public Enterprises, GAIL has allocated an annual budget of 2% of the previous year's profit after tax for CSR activities, which is effectively used for carefully chosen programmes. Socially useful programmes have been undertaken in GAIL since its inception in and around the areas adjoining its major work centres under the SCP/TSP Plan. But over the years, the scope of the CSR activities, the nature of programmes undertaken and the systems adopted for implementation of these programmes have been streamlined and strengthened and the work under SCP/TSP came under the wider scope of CSR. Today, CSR & sustainability development is accorded high priority in the organisational ethos and attempted to be interwoven in all the business activities and the projects that are being undertaken by the company.

Bharath PetroleumFounded : 1977Head Quarters : Mumbai, Maharashtra. Chairman : S VaradarajanRevenue : $ 39.45 Billions (2012)Owner : Government Of India

Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located at Mumbai and Kochi.

Bharat Petroleum operates the following refineries:Mumbai Refinery: Located near Mumbai, Maharashtra. It has a capacity of 12 million metric tonnes per year.

Kochi Refineries: Located near Kochi, Kerala. It has a capacity of 9.5 million metric tonnes per year.

Bina Refinery: Located near Bina, Sagar district, Madhya Pradesh. It has a capacity of 6 million metric tonnes per year. This refinery is operated by Bharat Oman Refineries Limited, a joint venture between Bharat Petroleum and Oman Oil Company.

Numaligarh Refinery : Located near Numaligarh, Golaghat district, Assam. It has a capacity of 3 million metric tonnes per year.

OPERATIONS

Oil India Limited.Founded : 1959Head Quarter: Duliajan, Assam.C.E.O : Rupshika BorahWebsite : www.oil-india.comOwner: Government of India (51.11%)

The company has over 100,000 square kilometres of license areas for oil and gas exploration. It has emerged as a consistently profitable International company and present in Libya, Gabon, Nigeria, Sudan, Venezuela, Mozambique, Yemen, Iran, Bangladesh and USA. OIL has recently emerged in the offshore giant gas-field project of Mozambique and also made discovery of oil & gas in Gabon as an Operator and Libya as non-operator. OIL acquired Shale oil asset in USA during 2012.

Tata Petro dyne Ltd. (TPL) is a Tata Group company engaged in the exploration and production of CRUDE OIL          and natural gas. TPL is a 100% subsidiary of Tata Sons Ltd., the premier holding company of the Group.

Board Of Directors

Mr. Kishore Choukar Mr.F N SubedarChief Operating Officer & Company Secretary of Tata Sons Limited

DirectorMr. A K AkoraNon-Executive

Director

CORPORATE

POLICY

CONCLUSION

JNTU ANANTAPUR