What would it look like if no energy enabled our cars to run, light them up in our homes, or fire up our food? Sounds impossible, right? But behind every drop of fuel and every spark of energy, companies are working hard to make this happen. Some of India’s largest and smartest companies are creating these vital products that keep our country running. They take crude oil and refine it into the things we use every day – petrol, diesel, even cooking gas. So, which companies are setting up this race ahead? We have stayed with us to bring the top 10 refined petroleum product manufacturing companies of India together. These are each of the companies behind India’s future, and the fuel of each of our daily lives. You will be amazed by their achievements, history, and innovation strides. Are you ready to dive in? It’s time to delve into these energy giants.

Top 10 Refined Petroleum Products Manufacturing Companies In India

Indian Oil Corporation Limited (IOCL)

IndianOil is the first-ranked energy company in India and one of the most important worldwide. In oil, gas, petrochemicals, and alternative energy sources, it works. IndianOil is well known for using smart technology, and great talents. It tries to do things the right way, is of high quality, is honest, and takes care of the environment. IndianOil ensures that the energy reaches the people at affordable prices.

IndianOil is a big name in India’s energy sector, and it is called a Maharatna company. It works in the energy chain from end to end, from the refining of oil to transporting it via pipelines, selling it to the final user, and even out to the oil and gas fields that need to be exploited. In addition to making petrochemicals, selling gas, and envisaging new kinds of energy, IndianOil is now also involved in biofuels and fuel cells.

The company is not restricted to India alone. Among other countries, it has offices in Sri Lanka, Mauritius, UAE, Sweden, the USA, and the Netherlands. It also works with several big companies in India and around the world to expand its operations and find new opportunities.

Hindustan Petroleum Corporation Limited (HPCL)

Hindustan Petroleum Corporation Limited (HPCL) is a Refinery and Mining company working mainly in Crude Oil Refining and Sales of Petroleum Products. Among other things, it produces hydrocarbons and manages Exploration & Production (E&P) blocks. With its many solutions, HPCL is helping India and beyond shape the energy sector.

At the company, they serve people with different types of energy services. HPCL employs advanced technology and novel ideas adding value to its customers. Mr. HPCL is headed by Rajneesh Narang, as Chairman and Managing Director. Standard Vacuum Refining Company of India Limited was originally set up on July 5, 1952. 

People do not go a day without using HPCL. This is clean and safe gas for cooking, keeping kitchens running all day. It has petrol pumps dispensing fuel and vehicle care services all around the clock. HPCL adds its support to people’s dreams in the sense that it supplies energy for people’s requirements. HPCL has a presence in almost everything right from the food you eat to the gadgets you use.

The company is at heart a company that cares for nature and its community, pursuing safety and growth. Millions of Indians are pleased with the happiness that HPCL provides them by delivering them energy every single day. The services include HP Refineries, HP Gas (LPG) – HP Retail (petrol pumps), HP Aviation, HP Direct Sales, HP Natural Gas, and renewable energy solutions.

The aim is to make the world better by using energy safely, sustainably, and beneficial for the community.

HPCL-Hindustan Mittal Energy Limited (HMEL) (JV)

HMEL takes up the task of supplying high-quality petroleum and petrochemical products to about 2.5 million people in India. A modern company looking at providing a better future by fueling India's growth with energy solutions. HMEL started in 2007 as a partnership between two big organizations: Hindustan Petroleum Corporation Limited (HPCL), a Government of India company, and Mittal Energy Investments (MEIL), a subsidiary of Singapore-based Lakshmi N. Mittal, who is a Chairman of the largest privately held steel making company Arcelor Mittal and metals industrialist. They have jointly built the biggest industrial project in Punjab.

HMEL’s Guru Gobind Singh Refinery runs at Bathinda, Punjab, in India, to meet the ever-growing energy needs of the country. It’s a high-tech refinery that will process 11.3 million metric tonnes of crude oil per year. The refinery is an energy-efficient, environmentally sound one that produces valuable petroleum products for markets with high demand.

HPCL-Mittal Pipelines Limited is another association of HMEL which functions as crude oil storage and transport enterprise. Mundra then sends the oil from a large storage facility that can hold 1,020,000 kilolitres (KyL) of it to 1,017 km of pipe to Bathinda where it is transported to the nearest refinery.

Its setup makes HMEL provide smart and efficient energy, enabling India to meet its ever-rising demand.

Bharat Petroleum Corporation Limited (BPCL)

Bharat Petroleum is one of India’s leaders in performance and is a Maharatna Public Sector Undertaking. As an Oil & Gas company in India, it has today grown to become a big player in the global oil industry, making it into the Fortune 500's prestigious list.

But long ago, when oil was newly being discovered and rough industries booming, a businessman named John D. Rockefeller and his partners bought up many oil refineries and pipelines. They joined together to form the Standard Oil Trust, a pretty big drilling company.

To do this, three main companies, Royal Dutch, Shell, and Rothschild, formed Asiatic Petroleum to compete with Standard Oil. The new company was to sell petroleum products in South Asia.

In 1928 Asiatic Petroleum (India) entered into arrangement with the Burmah Oil Company, a major oil producer and distributor to form a partner called the Burmah-Shell Oil Storage & Distributing Company of India Limited.

Bharat Petroleum has, over 2 lakh petrol pumps in India; and provides fuel to more than 1 crore vehicles daily. Not only has it rolled out some key programs — Pure for Sure, Premium Petrol & Diesel, the Urban and Transport Loyalty Program, and In & Out Convenience Stores — but it has been able to change how people buy fuel in India.

Chennai Petroleum Corporation Limited (CPCL)

Chennai Petroleum Corporation Limited (CPCL), formerly (Madras) Refineries Limited (MRL), was incorporated in 1965 as a Joint Venture between the Government of India (GOI), AMOCO, and the National Iranian Oil Company (NIOC). CPCL is now the property of IOCL, NICO and the associate owners who own it 51.89 %, 15.40 % and 32.71 % share respectively.  They began with a 2.5 MMTPA refinery project in 1969. Over the last several decades, the company has expanded itself into one of the largest refineries in South India with a current product capacity of 10.5 MMTPA.

CPCL has an international reputation as one of the most complicated public sector refineries in India with a diverse supply of products. In areas such as improving processes, being ahead with new technology, saving energy, and environmental management, the company has been a leader.

Numaligarh Refineries Limited (NRL)

Numaligarh Refineries Limited (NRL) was established on 4 April 1993 and based on the Assam Accord (Aug. 1985). It is a Government of India Undertaking, Ministry of Petroleum & Natural Gas. 

On July 9, 1999, the then Prime Minister of India Shri Atal Bihari Vajpayee visited the 3 MMTPA refinery and officially inaugurated it. From October 2000 onwards, NRL has been performing consistently well since its commercial production began. The company takes pride in its socio-economic contribution to Assam and North East India and is regarded as a successful business. Paraffin Wax is exported worldwide and NRL products, especially.

A major expansion project of NRL is underway to enhance its refinery capacity from 3MMTPA to 9 MMTPA with an investment of more than Rs. 28,000 Crore, which is the largest ever investment in the North East region. Acquisition of Usalum Block is part of this project for building a crude oil import terminal at Pardeep Port in Odisha and laying around 1,640 kilometers of pipelines to transport crude oil to Numaligarh. 

This targets NRL to reach net zero by 2038, just in line with the Indian government’s ambition of net zero by 2070. The National Green Hydrogen Mission envisages the setting up of a Green Hydrogen plant with a capacity of 300 kg/hr (18 MW) at the refinery.

Oil and Natural Gas Corporation Ltd.

It is Maharatna company and; the largest upstream company in India which supplies crude oil and natural gas as ONGC.  Rowan is solely responsible for roughly 71 percent of the whole production capacity of oil and gas in the country. Some segments of the business involved in refining raw material crude oil into the production of petrol, diesel, kerosene, naphtha, and cooking gas (LPG) include Indian Oil Corporation Ltd. (IOC), Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Limited (HPCL) and Mangalore Refinery and Petroleum Limited (MRPL) with a backing of the Oil and Natural Gas Corporation (ONGC).

The reason why ONGC is considered great is because it handles all that is associated with oil and gas exploration. It provides for the entire spectrum of oil fields that exist right from the warehouse right through to the charge and right from the service through to transportation. This has been awarded the Best Employer award, and it employs some 26,000 employees who work like workers and work in unfavorable areas.

A subsidiary company of the ONGC, ONGC Videsh Limited is also an oil and natural gas exploration company operating abroad. The organization is functioning under the Ministry of Petroleum & Natural Gas, Government of India; it is an ONGC subsidiary. Its work is related to the identification of opportunities for the exploration and production of oil and gas in foreign territories. Currently, India contributes 30.3% of the oil produced and 23.7% of the gas of the total of India’s oil and gas produced and manufactured from oil and gas projects where India has 35 stakes in 15 countries. Being the parent company, the ONGC is the second largest Indian petroleum company after the ONGC Videsh.

ONGC-Mangalore Refineries & Petrochemicals Limited (MRPL)

One of the biggest corporate organizations belonging to the central government is Mangalore Refinery and Petrochemicals Limited (MRPL). OPAL is operated and managed by the Ministry of Petroleum and Natural Gas Government of India. Sited in beautiful hilly terrain to the north of Mangaluru city in the Dakshina Kannada District of the State of Karnataka, the refinery is established in this place. The crude oil refinery is very large with a refining capacity of 15 MMTPA and the refinery is managed to cater to different kinds of crude oils and generate a standard range of good quality products.

These products include: Naphtha, Low Octane Petroleum Gas, Motor Spirit, High Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen, Petroleum Coke & Polypropylene. The company has two jetties, a single Point Mooring facility, an oil loading bay, a rail loading unit for Petcoke, and a truck loading storage for Petcoke. Besides, MRPL operates a chain of marketing depots at Kasargod in Kerala, Hindupur in Andra Pradesh, and Hosur in Tamil Nadu.

It was a joint venture of HPCL & IRIL, A V Birla Group Company till ONGC took over through acquisition in 2003. MRPL was incorporated in 1988 with an initial processing capacity of 3.69 MMTPA today it is proposed to be ramped up to 15 MMTPA. The refinery was designed and constructed to produce distillates, and its ability to process different types of crude oils is challenging, light or heavy or sweet or sour, API 24 to 46. ONGC took its stake ahead of MRPL in March 2003 and invested $ 100 million to develop as a majority-owned subsidiary.

Reliance Industries Limited (RIL)

Amongst all private sectors, Reliance is the most successful and biggest company in India and this company’s slogan ‘Growth is Life’ depicts the firm’s commitment to being a growth story that never ceases to grow. Over the last four decades, Reliance has emerged as one of the most significant values in India, which I believe needed more formation and production to create value for people in the country and for posterity.

The Reliance Foundation is innovative as it offers some sort of efficient solution to some of the major issues affecting India started by Nita M. Ambani in 2010. This foundation was one of India’s biggest corporate foundations and has benefited around 76 million people. It works in Energy, petrochemical business, and Retail Business. With the leadership in the oil and exploration production, Reliance led India to produce its energy. The biggest and complex composed of one Refinery is done in Jamnagar. It has helped India export more petroleum products than import them back.

Besides, it is one of the pioneer oil and gas companies globally to embrace the Oil to Chemicals (O2C) model whose success depends on strong downstream profitable chemistry. It is to imply that oil is being burnt here, is being converted into useful chemicals and other materials, and runs on a cycle of recycling material that is sustainable.

Nayara Energy Limited (NEL)

In terms of fulfilling the emerging need for power in the rising India, Nayara Energy makes its attempt. India could not have had enough energy for its future without them. It also operates an oil refinery, invigorates petrol dealerships to cater to business needs, manufactures petrochemicals, supplies, and distribution, and helps customers in searching for fuel stations.

Self-service type Indian fuel stations are developing very fast, which arranges all the company’s work throughout India with the highest quality services and products. They also continue to innovatively devise new products necessary for their customers. One of the massive objectives on their part is to venture into petrochemicals since they plan to refine crude oil into useful chemicals.

For Nayara Energy, the company’s biggest asset and its most valuable resource is its employee base. What they would like to achieve is not only to find the right people, but they also would like to retain them, train them, and progress as enhanced employees of the company as well. This approach enables them to realize their objectives and record progress in the Indian environment.

Conclusion

Indian Oil Corporation's out-of-the-box technologies and Reliance Industries’ world-class Jamnagar refinery are prime examples of India’s energy backbone. Fuel goes to every corner of this country under the leadership of Bharat Petroleum and/or Hindustan Petroleum and Nayara Energy HMEL both are innovators of sustainable and efficient energy. Together, these top 10 companies give us an insight into how India is fast becoming a global energy powerhouse.

These refined petroleum products driving firms don't just produce these products, they provide resources to help make people’s dreams come true and light up industries. In their relentless efforts and innovative strategies, India is ensured to keep running, today as well as off and on for several ages to come.