Top 10 Oil and Gas Companies in India | Suppliers & Company list 2026

Code: MTA8245 Publication Date: Aug 2025

What is the size of India Oil and Gas Market?

According to 6Wresearch internal database and industry insights, the India Oil and Gas Market is anticipated to experience steady expansion, growing at a CAGR of 8.6% during 2026-2032.

The growth of this industry is driven by rising energy demand, government investments in exploration and production, and the country’s growing focus on energy security.

For detailed forecasts, data tables, and competitive benchmarking,
Explore the full India Oil and Gas Market.

This report emphasizes the Top 10 Oil and Gas Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Oil and Gas Industry.

List of Leading Companies in the India Oil and Gas Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Indian Oil Corporation Limited (IOCL)

Company NameIndian Oil Corporation Limited (IOCL)
Established Year1959
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

Indian Oil is the country’s leading downstream oil company, engaged in refining, pipeline transportation, and marketing of petroleum products, with a growing focus on alternative fuels.

2. Oil and Natural Gas Corporation Limited (ONGC)

Company NameOil and Natural Gas Corporation Limited (ONGC)
Established Year1956
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

ONGC is India’s largest oil and gas exploration and production company, operating both onshore and offshore assets and contributing significantly to the nation’s energy supply.

3. Bharat Petroleum Corporation Limited (BPCL)

Company NameBharat Petroleum Corporation Limited (BPCL)
Established Year1952
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

BPCL is a major state-owned oil and gas company involved in refining, marketing, and distribution, with active investments in renewable energy and biofuels.

4. Reliance Industries Limited (RIL)

Company NameReliance Industries Limited (RIL)
Established Year1973
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

Reliance is a diversified conglomerate with significant operations in oil refining, petrochemicals, and upstream exploration, known for running the world’s largest refining complex in Jamnagar.

5. Oil India Limited (OIL)

Company NameOil India Limited (OIL)
Established Year1959
HeadquartersDuliajan, Assam
Official WebsiteClick Here

Oil India is a leading upstream company engaged in exploration, production, and transportation of crude oil and natural gas, with expanding overseas operations.

6. Hindustan Petroleum Corporation Limited (HPCL)

Company NameHindustan Petroleum Corporation Limited (HPCL)
Established Year1974
HeadquartersMumbai, Maharashtra
Official WebsiteClick Here

HPCL operates extensive refining and fuel retailing networks and is diversifying into petrochemicals and clean energy solutions.

7. GAIL (India) Limited

Company NameGAIL (India) Limited
Established Year1984
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

GAIL is India’s largest natural gas transmission and marketing company, spearheading the expansion of gas pipeline infrastructure and LNG imports.

8. Petronet LNG Limited

Company NamePetronet LNG Limited
Established Year1998
HeadquartersNew Delhi, Delhi
Official WebsiteClick Here

Petronet LNG is India’s premier LNG importer and regasification company, playing a critical role in meeting the country’s clean energy needs.

9. Cairn Oil & Gas (Vedanta Limited)

Company NameCairn Oil & Gas (Vedanta Limited)
Established Year2007
HeadquartersGurugram, Haryana
Official WebsiteClick Here

Cairn Oil & Gas is a leading private sector upstream company in India, operating key oilfields and focusing on enhanced oil recovery and unconventional resources.

10. Adani Total Gas Limited

Company NameAdani Total Gas Limited
Established Year2005
HeadquartersAhmedabad, Gujarat
Official WebsiteClick Here

Adani Total Gas is a growing player in city gas distribution, supplying natural gas to households, industries, and transport, with a strong sustainability focus.

Top 10 Oil and Gas Companies in India : FAQs

India Oil and Gas Market is expected to grow steadily, registering a CAGR of 8.6% during 2026-2032,
Key drivers include increasing domestic energy demand, LNG infrastructure development, and private sector investments.
Major players include ONGC, IOCL, BPCL, HPCL, and Reliance Industries, among others.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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