Oil India
- Company typePublic
- Founded1959
- HeadquartersNoida, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
Oil India firmographics
Firmographics- Name
- Oil India
- Legal name
- Oil India Limited
- Website
- https://oil-india.com
- Company type
- Public
- Founded year
- 1959
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Oil India industry classification
Industry- Product category
- Upstream Oil and Gas Exploration & Production
- NAICS
- Oil and Gas Extraction (211), Crude Petroleum Extraction (211120), Natural Gas Extraction (21113), Petroleum Refineries (324110), Pipeline Transportation of Refined Petroleum Products (486910), Oil and Gas Field Machinery and Equipment Manufacturing (333132)
- SIC
- Crude Petroleum & Natural Gas (1311), Pipe Lines (No Natural Gas) (4610), Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)
- akta.pro secondary industries
- Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH), Local Distribution Company (LDC) Natural Gas Distribution Utilities (TLAGADAA), LPG Pipeline Transportation (Propane/Butane Mix) (TLAGAEAB), Oilfield & Refining Specialty Chemicals (IMAEABAI)
Keywords
Where Oil India is headquartered
LocationHeadquarters
- HQ city
- Noida
- HQ country
- India
- HQ region
- Asia
Offices8 records
Markets served
Oil India business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Crude Oil Production and Sales: Oil India's primary revenue stream from upstream crude oil extraction and sales to refineries and industrial customers. The company achieved 6% increase in crude production and recorded its highest daily crude output of 10,566 metric tonnes in Q4 FY26.
- Natural Gas Production and Sales: Natural gas extraction and sales including recent discoveries in Andaman offshore (Vijayapuram wells) and Rajasthan's Dandewala field with 25,000 standard cubic metres per day flow rate.
- LPG Production: LPG production from gas processing for domestic and industrial customers.
- Refining and Petrochemicals (via NRL): Revenue from majority-owned subsidiary Numaligarh Refinery Limited (69.63% stake) with 3 MMTPA capacity undergoing expansion to 9 MMTPA. NRL posted 90% profit growth to Rs 3,057 crore in FY26.
- Pipeline Transportation: Midstream operations including crude oil and product pipeline transportation services from Numaligarh to Siliguri.
- City Gas Distribution: CGD operations through joint ventures providing piped natural gas to homes and CNG stations across 9 geographical areas in 6 states.
- Renewable Energy: Wind and solar power generation with 188.1 MW installed capacity, and compressed biogas (CBG) projects through subsidiary OGEL.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Crude oil sales to refineries and industrial customers |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Oil India product offering
Product offeringCore offering
Oil India is an integrated national petroleum exploration and production company engaged in upstream extraction of crude oil and natural gas, midstream pipeline transportation, downstream refining through its subsidiary Numaligarh Refinery Limited, and city gas distribution. The company also produces LPG and operates renewable energy assets including 188.1 MW of installed wind and solar capacity alongside compressed biogas (CBG) projects, serving government-owned refiners, industrial consumers, and natural gas distribution networks across India and 15 international geographies.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude Oil Production and Sales Upstream extraction and sale of crude oil from onshore and offshore fields in Northeast India, Rajasthan, and KG Basin, supplied to Indian Oil Corporation, BPCL, HPCL, and other refineries under long-term contracts and government nomination basis.
- Natural Gas Production and Sales Extraction and sale of natural gas from onshore and offshore fields including Andaman and Rajasthan discoveries, supplied to city gas distribution networks, industrial consumers, and for gas processing.
- LPG Production Production of Liquefied Petroleum Gas from gas processing operations for domestic and industrial customers.
- Refining and Petrochemicals (via NRL) Crude oil refining and petrochemical products manufactured by majority-owned subsidiary Numaligarh Refinery Limited (NRL), a 3 MMTPA capacity refinery in Assam undergoing expansion to 9 MMTPA. NRL posted 90% profit growth to Rs 3,057 crore in FY26.
- Pipeline Transportation Services Midstream transportation of crude oil and petroleum products through pipeline networks including the Numaligarh to Siliguri pipeline operated by Duliajan Numaligarh Pipeline Ltd.
- City Gas Distribution (CGD) Distribution of piped natural gas (PNG) to households and industries and CNG to vehicles through joint ventures across 9 geographical areas in 6 states, providing clean energy access to end consumers.
- Renewable Energy Generation Wind and solar power generation with 188.1 MW installed capacity (174.1 MW wind + 14 MW solar), plus compressed biogas (CBG) projects developed through wholly-owned subsidiary OIL Green Energy Ltd (OGEL), supporting the company's Rs 20,000 crore green energy investment commitment by 2040.
Quantifiable outcome
- 60.3% YoY profit growth to Rs 2,099.6 crore in Q4 FY26
- +4 more outcomes
Companies that use Oil India
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Oil India technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
Oil India partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor and core.
- Bhubaneswar Municipal CorporationminorCollaboration for 300-tonne per day compressed biogas plant in Odisha. Project aims to reduce waste load on city's Temporary Transfer Station for zero exposed waste.
- Council of Scientific and Industrial Research (CSIR)coreOil India signed MoU with CSIR on June 15, 2026 at OIL House in Noida to foster collaborative research, innovation, and technology development across the energy sector. Partnership focuses on upstream and downstream oil and gas operations, hydrocarbon reservoir optimisation, enhanced oil recovery, renewable energy, sustainable practices, and critical minerals research.
- Petroleum Technology Research Centre (PTRC), CanadacoreStrategic collaboration framework signed at Global Energy Show 2026 in Calgary to jointly advance carbon capture, geothermal energy, and other clean energy technologies. Partnership covers CCUS, subsurface energy technologies, enhanced oil recovery solutions, and engages with India's mc2+ startup platform.
- Bharat Petroleum Corporation Limited (BPCL)coreMoU signed with BPCL to jointly develop the Ramayapatnam greenfield refinery site. Partnership for infrastructure development and site operations at the proposed refinery in SPSR Nellore district.
- Texas A&M UniversityminorCollaboration on CO2-EOR (Enhanced Oil Recovery) studies to improve recovery factors from mature oil and gas fields using advanced recovery techniques.
- Hindustan Waste Treatment Private Limited (HWT)core50:50 Joint Venture Agreement between OIL Green Energy Ltd (OGEL) and HWT to develop compressed biogas (CBG), waste-to-energy, and sustainable waste management projects across India. JV leverages OGEL's institutional strength and HWT's proven technological and operational capabilities in municipal solid waste-based bioenergy.
- mc2+ Startup PlatformminorEngagement with India's startup platform under Ministry of Petroleum and Natural Gas for innovation in emerging clean energy technologies as part of energy transition efforts.
- Dolphin DrillingminorContract with Blackford Dolphin semi-submersible drilling rig for offshore drilling operations until end of July 2026.
- Assam Valley Fertiliser and Chemical Company Limited (AVFCCL)minorRs 10,600 crore joint venture for Ammonia-Urea Fertiliser Plant at Namrup in Assam. Oil India holds stake alongside Assam government (40%), National Fertilizers Limited, Hindustan Urvarak & Rasayan Limited, and BVFCL. Foundation stone laid by PM Narendra Modi in December 2025.
- Kellton Tech Solutionscore$2.5 million digital oilfield deployment contract for Optima Digital Oilfield Platform covering 77 production wells across 46 plinths. Platform uses Emerson field instrumentation and AWS cloud infrastructure for AI-driven production analytics, predictive maintenance, and workflow automation.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
Oil India competitors and assessment
Company assessmentDirect peers
- Cairn Oil & Gas (Vedanta): Vedanta's E&P arm and India's largest private-sector crude producer; competes directly with Oil India for onshore/Barmer basin acreage, PSC blocks, and oilfield service contracts.
- Oil and Natural Gas Corporation (ONGC): India's largest state-owned upstream oil and gas E&P company and the most direct peer to Oil India; both are Maharatna CPSEs under the Ministry of Petroleum and Natural Gas, operate overlapping Northeast and offshore acreage, share PSU offtake customers, and compete for exploration blocks.
- Hindustan Oil Exploration Company (HOEC): Indian focused E&P company operating producing fields and exploration assets in India — competes with Oil India in the same PSC regime and bidder pool for small/medium fields and OALP acreage.
- Selan Exploration Technology: Indian small-cap E&P company focused on redevelopment and IOR of mature onshore fields — directly comparable business model around mature-asset EOR, the same technical challenge facing Oil India's Assam legacy fields.
Broad incumbents
- Saudi Aramco: Global integrated national oil champion with integrated upstream-midstream-downstream operations and similar state-aligned mandate; useful benchmark for integrated NOC operating model.
- Reliance Industries (E&P division): Operates the KG-D6 deepwater gas block and an integrated downstream complex in India; comparable as a large-scale Indian upstream operator with integrated downstream, but with private-sector commercial agility.
- Petrobras: Integrated NOC with offshore deepwater expertise (pre-salt), refining assets, and energy-transition investments — comparable in business model and technology (deepwater, IOR/EOR) to Oil India's Andaman offshore push.
- BP plc: Global integrated supermajor with comparable E&P portfolio, midstream pipelines, CGD/retail networks, and active energy-transition investments; benchmark for Oil India's renewable/CCUS pivot.
Regional players
- Gujarat State Petroleum Corporation (GSPC): Indian state-level E&P company with offshore KG basin gas interests; comparable as a domestic Indian upstream operator competing for the same national upstream talent and acreage rounds.
Others
- Indian Oil Corporation (IOCL): Primary crude offtake customer and PSU partner of Oil India; also a JV partner in CGD; comparable as the integrated PSU energy ecosystem player against which OIL's vertical integration strategy competes.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Oil India social profiles
Digital presenceOil India financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oil India leadership team
Management profileNumber of profiles
Profiles4 records
Oil India subsidiaries and ownership
Company hierarchySubsidiaries6 records
Oil India funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oil India M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oil India
What does Oil India do?
Oil India is an integrated national petroleum exploration and production company engaged in upstream extraction of crude oil and natural gas, midstream pipeline transportation, downstream refining through its subsidiary Numaligarh Refinery Limited, and city gas distribution. The company also produces LPG and operates renewable energy assets including 188.1 MW of installed wind and solar capacity alongside compressed biogas (CBG) projects, serving government-owned refiners, industrial consumers, and natural gas distribution networks across India and 15 international geographies.
Is Oil India a public or private company?
Oil India is a public company. It is classified as public and is currently operating.
When was Oil India founded?
Oil India was founded in 1959. It employs 5,001 to 10,000 people.
Where is Oil India based?
Oil India is headquartered in Noida, India, in the Asia region.
How does Oil India make money?
Seven revenue lines are on record. Crude Oil Production and Sales are the primary driver. The others are natural Gas Production and Sales, LPG Production, refining and Petrochemicals (via NRL), pipeline Transportation, city Gas Distribution and renewable Energy.
Who are Oil India's main competitors?
Direct peers on record are Cairn Oil & Gas (Vedanta), Oil and Natural Gas Corporation (ONGC), Hindustan Oil Exploration Company (HOEC) and Selan Exploration Technology. Broad incumbents are Saudi Aramco, Reliance Industries (E&P division), Petrobras and BP plc. Gujarat State Petroleum Corporation (GSPC) is listed as a regional player. Indian Oil Corporation (IOCL) is listed as an others.
Does Oil India have an API?
No public API is recorded for Oil India.
What industry is Oil India in?
Oil India's product category is Upstream Oil and Gas Exploration & Production. Its primary akta.pro industry code is EUAAAAAM, Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management), with a secondary code of EUALABAH, Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals). Its NAICS code is 211 and its SIC code is 1311.