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Oil India Limited (OIL)
What OIL does

Oil India Limited

What company does?Oil and gas exploration, production, transportation, and marketing
Established1959
Entity typeGovernment
HeadquartersIndia
SegmentB2B
Oil India Limited is a share market listed company in the Oil Exploration & Production industry . It got listed on NSE on 30-SEP-2009 under the trading symbol OIL. On BSE it is listed under trading symbol OIL. The company operates in Oil & Gas , Energy and Petroleum categories.

Company overview

Oil India Limited is a leading public sector undertaking (PSU) in the Indian oil and gas industry. Established in 1959, it has since played a pivotal role in the country's energy landscape. The company primarily focuses on exploration, production, and transportation of crude oil and natural gas.

Oil India Limited operates numerous oil fields across India, including North East, Rajasthan, and Gujarat. It also has international presence through its exploration and production activities in countries such as Libya, Gabon, Nigeria, Yemen, Venezuela, Mozambique and USA.

The company's diverse portfolio includes various petroleum products like LPG (liquefied petroleum gas), NGL (natural gas liquids), aviation turbine fuel ATF & mineral turpentine MT which are marketed domestically as well as internationally. In terms of technology adoption and innovation,Oil India Limited leverages advanced seismic data interpretation techniques for efficient resource discovery along with modern drilling technologies to optimize extraction efforts. One key factor that sets Oil India Limited apart from its competitors is its strong emphasis on sustainable development while maintaining operational excellence. Its commitment towards environmental conservation can be seen through initiatives like afforestation drives around project areas. Furthermore,Oil India limited holds partnerships with other major players within the industry such as ONGC Videsh Ltd., Indian Oil Corporation Ltd., Assam Gas Company Ltd., etc With an unwavering focus on technological advancements,cost-effective operations,and eco-friendly practices,Oil India Limited continues to solidify its position as one of the foremost entities driving growth within the global energy market.
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