Want to know about petroleum companies in india? Well you have landed on the right article.
Although the prices of petrol have been rising, the consumption of petrol has also been increasing with each passing day.
In India, there is also an increase in petrol pumps due to the demand has increased.
To meet a wide range of human needs, petroleum is essential. Petroleum is largely being used as an energy source today.
Petroleum is an abundant source of combustible carbon, and it is used mainly in the production of electricity.
It is natural that when most Americans think of petroleum they think of gasoline with no further consideration, as it is the only oil product that most consumers are required to purchase regularly.
Despite its low cost and relative commonness, it can often fluctuate in price due to fluctuations in the economic, political, and supply levels.
It is therefore no surprise that gasoline gets the most attention, but petroleum can be used as a raw material for making a variety of other products, in turn, which can be used in a multitude of ways.
Indian Oil Corporation is the most significant contributor to the number of petrol pumps throughout the country, followed by Hindustan Petroleum followed by Bharat Petroleum.
The question arises that how many petrol pump in India?
In the year 2014, there were more than 60,799 petrol pumps in India. Let's take a look at the most popular brands of petrol pumps in India.
In this guide, we ranked and reviewed the 10+ Best Petrol Brands in India, along with our top 3 choices, so that you can pick the best one for you.
Indian Oil Corporation Limited (IOCL)
(Best Overall)
Overall Rating: 4.5/5
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Bharat Petroleum Corporation Limited (BPCL)
(Best Performance)
Overall Rating: 4.2/5
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Hindustan Petroleum Corporation Limited (HPCL)
(Best Price)
Overall Rating: 4.6/5
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Best Petroleum Companies In India (2022)
1. Indian Oil Corporation Limited (IOCL)
There are millions of people all around the world who have never heard of Indian Oil, also known as Indian Oil Corporation Limited (IOCL).
This Fortune 500 company has been taken over by the Indian Ministry of Petroleum and Natural Gas.
As the largest petrol pump provider in India, IOCL contributes a good amount of revenue to the Indian government.
If you want to find nearest filling station of Indian oil then just type on google petrol pump near me.
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2. Bharat Petroleum Corporation Limited (BPCL)
There was also a Bharat Petroleum Corporation Limited (BPCL).
BPCL established in November 1952, which was also known as Bharat Petroleum Corporation.
Throughout the world, the organization works under the Ministry of Petroleum and Natural Gas and is led by the Government of India.
Bharat Petroleum is considered one of the best petrol company in India.
The company is ranked among the Fortune 500 list just like IOCL. In addition, the organization has been awarded some of the most prestigious awards in the Oil & Gas sector, including these:
- Golden Peacock Award for Outstanding Innovations
- Golden Peacock Award for Sustainability Performance
- Presented by FICCI Chemicals & Petrochemical Awards
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3. Hindustan Petroleum Corporation Limited (HPCL)
There is no doubt that Hindustan Petroleum is India's 3rd best petrol brand.
It is also known as Hindustan Petroleum Corporation Limited (HPCL). It is a subsidiary of the ONGC group and was founded in 1974.
Based in Mumbai, HPCL's pipeline network and infrastructure make it one of the world's largest companies.
In the petroleum sector as gas, petroleum, lubricants, and petrochemicals this company is largest one. India has five refineries operated by HPCL.
Several refineries in India are of importance, including Mumbai Lubes Refinery, Mumbai Refinery, HPCL-Mittal Energy Ltd (Guru Gobind Singh Refinery), Visakhapatnam Refinery, and Mangalore Refinery & Petrochemical Ltd.
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4. Reliance Industries Ltd.(RIL)
Reliance Petroleum was founded in 2008, and as of now, the company ranks 4th in terms of private petroleum companies in India.
Reliance Petroleum, unlike most other oil companies, is owned by Reliance Industries, which is an Indian company.
This company is owned by Mukesh Ambani and his family, the wealthiest person in India, who are the owners of Reliance Industries Limited (RIL).
Reliance petrol pump is considered one of the best private petrol company in India.
Based in Ahmedabad (Gujarat), the company specializes in petroleum and natural gas exploration and production.
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5. Shell India Private Limited (Shell)
Shell is a multinational energy company that is based in India. It is in fact called Royal Dutch Shell Oil and Gas.
This company has its headquarters in Haagse Hout, Holland, where it was founded in 1907.
Located in Gurgaon, India, Shell India has a corporate office.
In terms of petrol pumps, they currently run over 100 (some of which are located in Tamil Nadu, Telangana, Karnataka, Gujarat, Maharashtra, and Assam).
And they are expecting to increase the number of petrol pumps to 1500 within the next 3 years.
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6. Essar Oil (Nayara Energy)
Essar was founded by Sashi Ruia and Ravi Ruia in 1969.
This company's business activities include oil exploration, refining, power production, metals, and mining,
As well as other energy-related businesses that use a variety of energy sources.
Rosneft Trafigura, Russia's largest energy corporation, acquired Essar in 2017 and the company has since become part of Rosneft.
With the rebranding, Nayara Energy is now the largest private petrol network in India and it operates over 6000 petrol stations throughout the country.
The Nayara refinery in Vadinar, Gujarat, is the second-largest refinery in Gujarat after Jamnagar.
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7. Jio-BP
The Jio-BP joint venture with Reliance Industries Limited (RIL) and British Petroleum is a joint venture in the area of fuels and mobility in India.
Taking advantage of Reliance's presence in 21 states, and millions of its customers through its Jio digital platform,
The joint venture has the vision to become a solution provider of choice for mobility in India.
The company will benefit from its extensive experience in manufacturing petroleum products .
And fuels, retailing fuels, as well as offering low-carbon, advanced transportation solutions.
Reliance's deep consumer experience and presence in the Indian market, through Jio and Reliance Retail, coupled with British Petroleum's extensive experience in fuel
And convenience around the world, as well as its presence in India, establishes it as one of the world's leading fuel and mobility companies.
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8. Oil and Natural Gas Corporation (ONGC)
ONGC (Oil and Natural Gas Corporation) is an independent oil and gas company that explores for and produces oil and gas in India.
This company is owned jointly by the Government of India and the Ministry of Petroleum and Natural Gas.
Vasant Kunj is the company's head office based in New Delhi.
The operations of the company are under the supervision of the Ministry of Petroleum and Natural Gas.
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9. Gas Authority of India (GAIL)
Its predecessor company, Gas Authority of India Limited (formerly known as GAIL) is an Indian government-owned natural gas company.
This is an active company in exploring for and producing natural gas throughout India.
Its headquarters are located at GAIL Bhawan, New Delhi, and it was founded in the year 2000.
The company was to become part of the Ministry of Petrochemicals and Natural Gas, Government of India. In addition to petrochemicals, GAILTEL, and electricity generation.
The company is also engaged in natural gas transmission, liquid hydrocarbons, liquefied petroleum gas distribution, distribution of city gas, tourism, and renewable energy sources.
The Government of India awarded GAIL Maharatna status on 1 February 2013. This coveted status is enjoyed by only 10 other central CPSEs.
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10. TATA Petrodyne Ltd
Among the fastest-growing energy companies in this industry, we have established ourselves as one of the most dedicated companies.
Company is dedicated to sustainable growth, with an ambitious strategy to execute, energize, and enrich.
It is an organization that fosters initiatives, innovations, inquisitiveness,
And a common-sense approach with its practices. Invenire Energy has now acquired Tata Petrodyne Ltd.
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Conclusion
Even though there are more petrol pump companies in India than there are petrol stations, it might seem strange that these ten companies seem to be more popular than most elsewhere.
How do you decide which one is the most reliable? Let us know which is your favorite petrol brand and why? Tell us in the comments below. Other people might find this valuable as well.
I hope you liked our article on best petroleum companies in India, if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions (FAQs)
1. How many petrol pumps are in India?
The government owns 55,325 of the 60,799 petrol pumps in the country, making up almost two-thirds of all petrol pumps.
There are 26,489 petrol stations owned by India Oil Corp (IOC) in India, out of which 7,232 are rural outlets.
With 14,675 fuel retail outlets, 3159 of which are in rural areas, Indian Petroleum Corporation Limited (HPCL) is the country's second-largest fuel retailer.
2. Which is the best petrol brand in India?
Indian Oil Corporation is the largest and the best petrol brand in India today.
Here are my best picks: