What Federation of Indian Petroleum Industry does

Federation of Indian Petroleum Industry (FIPI) is an apex industry society registered under the Societies Registration Act 1860 that represents entities across India's hydrocarbon value chain, including upstream exploration and production, downstream refining and oil marketing, natural gas and LNG, city gas distribution, pipelines, and oilfield services. Founded in December 2017 through the amalgamation of Petroleum Federation of India (PetroFed) into Petrotech, FIPI is headquartered in New Delhi and operates as a not-for-profit membership association funded primarily through member dues and event participation fees. Its core activities are policy advocacy and representation with the Ministry of Petroleum and Natural Gas, PNGRB, DGH, and other government bodies; operation of structured committees covering upstream, downstream, natural gas, taxation, safety, CGD, IT & cyber security, and petrochemicals; organization of flagship convening platforms such as India Energy Week (IEW), the FIPI Oil & Gas Awards, the R&D Conclave, and the Student Chapters program; and publication of the FIPI Journal, Policy & Economic Reports, and a digital library. FIPI does not sell commercial products; its "products" are publications, events, a CGD Helpdesk service, and the awards platform, supported by knowledge partnerships with EY, KPMG, S&P Global, BCG, IEA, API, WPC, IEF, Axens, and others. Its member base spans virtually every major Indian PSU (IOCL, ONGC, BPCL, HPCL, GAIL, OIL), large private operators (Reliance, Adani Gas, Nayara, Essar), multinational majors (Shell, BP, TotalEnergies, ExxonMobil), and infrastructure players (Petronet LNG, IGL, PIL).

Name

Federation of Indian Petroleum Industry

Legal name

Federation of Indian Petroleum Industry

Website

https://fipi.org.in

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

FIPI is the apex industry society representing India's hydrocarbon sector, providing policy advocacy, regulatory interface, publications, and flagship events such as India Energy Week and the FIPI Oil & Gas Awards for upstream, midstream, downstream, and CGD operators.

Ownership category

akta.pro rank

Product category

Industry Association Services

SIC

International Affairs (9721)

akta.pro primary industry

Technical Committees, Working Groups & Expert Panels (BPADANAB)

Keywords

• Hydrocarbon industry advocacy
• Oil and gas policy
• Petroleum industry association
• Energy sector representation
• Regulatory advocacy services

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels8 records

Core offering

Federation of Indian Petroleum Industry (FIPI) is an apex Society of entities in the hydrocarbon sector, functioning as the unified industry interface with Government and regulatory authorities. It supports policy resolution and evolution of regulations, represents the industry on Government bodies and committees, organizes flagship industry events (India Energy Week, FIPI Awards, R&D Conclave), publishes industry journals and policy reports, and runs student chapter programs for talent development.

Product overview

FIPI operates as an apex industry society for the hydrocarbon sector, providing a unified platform for industry representation, policy advocacy, and knowledge sharing. The organization offers publications (FIPI Journal, Policy & Economic Reports), organizes events and webinars, manages the annual FIPI Awards program recognizing excellence across upstream, downstream, refining, and distribution segments, maintains a Digital Library for archival content, and provides the CGD Helpdesk for sector-specific queries. These services collectively support the oil and gas industry's interface with Government and regulatory authorities.

Differentiator

Problem solved

Functional benefit

Brands

• India Energy Week (IEW): India's flagship energy event organized by FIPI under the aegis of Ministry of Petroleum and Natural Gas, showcasing India's rapidly growing energy sector
• FIPI Student Chapters
• FIPI Oil & Gas Awards
• R&D Conclave

Products and services

• FIPI Membership

Named customers22 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, major and minor.

• Ministry of Petroleum and Natural Gas (MoP&NG)coreStrategic or Co-development PartnerFIPI operates as the primary industry interface with the Ministry, representing the hydrocarbon sector on various Government bodies, committees and task forces. The Ministry entrusts FIPI with organizing national pavilions at international exhibitions like ADIPEC and GASTECH.
• Directorate General of Hydrocarbons (DGH)coreStrategic or Co-development PartnerFIPI collaborates with DGH on upstream policy matters, contractual frameworks, and regulatory compliance for exploration and production activities.
• Petroleum and Natural Gas Regulatory Board (PNGRB)coreStrategic or Co-development PartnerFIPI maintains regular engagement with PNGRB on regulatory matters including City Gas Distribution, pipeline tariffs, and market access issues.
• EY (Ernst & Young)majorImplementation/ SI/ Consulting PartnerKey knowledge partner for webinars, budget analysis sessions, and research studies on topics including GST, taxation, energy transition, cyber security, and labour codes.
• KPMG IndiamajorImplementation/ SI/ Consulting PartnerKnowledge partner for webinars on taxation, labour laws, green hydrogen, biofuels, and international corporate taxation judicial developments.
• S&P GlobalmajorImplementation/ SI/ Consulting PartnerKnowledge partner for LNG pricing, carbon markets, and energy outlook presentations.
• International Energy Agency (IEA)majorStrategic or Co-development PartnerCollaboration on energy outlook presentations and India's energy transition analysis.
• Boston Consulting Group (BCG)majorImplementation/ SI/ Consulting PartnerKnowledge partner for Young Professionals Forum and Women in India's Energy Sector (WINNERS) workshop.
• BP IndiamajorStrategic or Co-development PartnerLong-standing partner for BP Energy Outlook launch events in India, hosting annual presentations on global energy scenarios.
• American Petroleum Institute (API)majorStrategic or Co-development PartnerCollaboration on API standardization and certification webinars for the Indian oil and gas industry.
• World Petroleum Council (WPC)majorStrategic or Co-development PartnerJoint organization of WPC Leadership Conferences and collaboration on carbon emission management workshops.
• International Energy Forum (IEF)majorStrategic or Co-development PartnerFIPI hosted IEF delegations for energy dialogue sessions and international cooperation programs.
• AxensminorStrategic or Co-development PartnerCollaboration on Sustainable Aviation Fuel webinar and related technology pathways.
• University of Alberta, CanadamajorStrategic or Co-development PartnerMoU for promoting management and technical training, facilitating technical and professional exchanges through Industry Educational Programs.

Recent moves7 records

Expansion highlights5 records

Regional players

• UK Petroleum Industry Association (UKPIA): UK downstream petroleum trade association representing refiners and fuel marketers. UKPIA is a regional peer mirroring FIPI's downstream committee role (refiners, oil marketing companies), though it operates in a mature UK market rather than India's growth context.
• Australian Petroleum Production & Exploration Association (APPEA): Australia's peak oil and gas exploration and production industry body. APPEA is a regional peer performing the same upstream advocacy, government engagement, and conference organization that FIPI does for India's hydrocarbon sector, but in a different geography.

Direct peers

• World Petroleum Council (WPC): Global petroleum industry forum co-organizing leadership conferences with FIPI. WPC is the international counterpart of FIPI's industry-aggregation role, sharing both member companies and the convening function (conferences, awards, leadership development).
• Independent Petroleum Association of America (IPAA): US national upstream trade association representing independent E&P companies. IPAA is a direct peer in upstream industry advocacy and government interface, sharing FIPI's committee-based structure and policy-representation function for a different operator base.
• Canadian Association of Petroleum Producers (CAPP): Canadian upstream petroleum industry association representing E&P, oil sands, and natural gas. CAPP is a direct peer as a national oil & gas trade body performing policy advocacy, government interface, and industry data publication roles parallel to FIPI's mandate.
• American Petroleum Institute (API): The US apex petroleum industry association, representing upstream, midstream, and downstream segments. API and FIPI are direct counterparts — both are member-funded trade bodies that interface with government and regulators on policy, standards, and industry advocacy. FIPI explicitly partners with API on standardization and certification webinars.
• International Association of Oil & Gas Producers (IOGP): Global upstream industry association representing exploration and production companies. IOGP mirrors FIPI's upstream committee role and member roster (Shell, BP, TotalEnergies, ExxonMobil overlap), making it a direct international peer for FIPI's E&P advocacy and standards work.
• EUROGAS: European gas industry association representing the natural gas value chain from production to distribution. EUROGAS parallels FIPI's natural gas/CNG/LNG committee mandate, with overlapping members (Shell, TotalEnergies) and a similar regulatory-advocacy model.
• International Energy Forum (IEF): Intergovernmental energy dialogue body that FIPI has hosted for energy dialogue sessions. IEF is a direct peer in cross-border energy dialogue and ministerial convening, sharing the policy-coordination mandate that defines FIPI's domestic work.

Broad incumbents

• OPEC: Intergovernmental oil producers' organization, with whose Secretary General FIPI has featured quotes emphasizing the India-OPEC relationship. OPEC is a broader incumbent — producer-country policy coordination at a different scale — that FIPI engages with as an India-facing counterpart.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/fipiind
• LinkedInlinkedin.com/company/federation-of-indian-petroleum-industry

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Federation of Indian Petroleum Industry