Oil India Ltd - Company Profile
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Oil India Ltd (OIL) is engaged in the exploration, production, and transportation of crude oil and natural gas. The company's major products include crude oil, natural gas, and liquefied petroleum gas (LPG).The company also operates in the renewable energy sector, with projects in wind and solar energy. OIL's products are used by industries, such as energy, transportation, and manufacturing. The company’s business operations are mainly confined in the North East and Rajasthan in India. It also has participating interest in exploration blocks in Krishna Godavari Deepwater in India and in various projects in Libya, Gabon, Nigeria, the US, Venezuela, Mozambique, Bangladesh, Russia, and Israel. OIL is headquartered in Noida, Uttar Pradesh, India.
Oil India Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Pipeline Transportation |
| Power | Power |
| Crude Oil | Drilling Rig Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, the company extended its contract with Dolphin Drilling for the Blackford Dolphin. |
| 2026 | Plans/Strategy | In July, the company announced its plans to commission its INR28,000 crore Numaligarh Refinery Expansion Project. |
| 2025 | Plans/Strategy | In December, the company announced its plans to acquire a 10% stake in BPCL’s greenfield refinery at Ramayapatnam in Andhra Pradesh, India. |
Competitor Comparison
| Key Parameters | Oil India Ltd | Reliance Industries Ltd | Oil and Natural Gas Corp Ltd | Nayara Energy Ltd | Gujarat State Petroleum Corp Ltd (Inactive) |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Noida | Mumbai | New Delhi | Mumbai | Gandhinagar |
| State/Province | Uttar Pradesh | Maharashtra | Delhi | Maharashtra | Gujarat |
| No. of Employees | 6,412 | 290,293 | 25,319 | 3,500 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ranjit Rath | Managing Director; Chairman | Executive Board | 2022 | - |
| Abhijit Majumder | Director - Finance | Executive Board | 2024 | - |
| Ankur Baruah | Director - Human Resources | Executive Board | 2025 | - |
| Saloma Yomdo | Director - Exploration & Development | Executive Board | 2024 | - |
| Trailukya Borgohain | Director - Operations | Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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