The Oil and Gas industry in India is dated back to the year in 1889, during the time when the first oil deposits in the country were discovered. Whereas the natural gas fields were discovered during the 1960s.
The Indian Oil and Gas Industry is among the most influential industries in India and impacts the economy of the country. The importance of this industry is increasing with the increase in demand for fuel and gas.
Both public and private sector companies are engaged in the exploration and production of oil and gas in India, which makes the availability of oil and gas easy.
The estimated crude oil reserves of 763.48 million tonnes and natural gas reserves of 1488.49 billion cubic meters. India ranks fourth in world’s top net crude exporter 2015 that accounts to 163 Mt.
At present, there are 18 listed oil & gas companies in India, f which ones with the higher market capitalization have been listed in this article of Top 10 Oil & Gas Companies in India. Here, have a sneak peek at the listicle.
