Foundational Partners
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_Federation of Indian Petroleum Industry"The Federation of Indian Petroleum Industry (FIPI) is an apex Society of entities in the hydrocarbon sector and acts as an industry interface with Government and regulatory authorities. It supports the Government in resolution of issues and evolution of policies and regulations. It aims to be the most effective and influential voice of the oil & gas industry to facilitate its development as a globally competitive industry that enjoys the respect and trust of the society. Several Government policy initiatives have their genesis in FIPI’s reports and publications, some of which are quoted in documents like the Integrated Energy Policy. FIPI organizes seminars, conferences, workshops, roundtable meetings and brings out study reports to support the Govt. with evidence based policy recommendation. FIPI has tie-ups with international agencies like World Petroleum Council (WPC), World LPG Association (WLPGA) and International Energy Forum (IEF). FIPI was also instrumental in bringing CERAWeek to India. At FIPI, we firmly believe that any policy decision must be based on well informed and rigorously established objective evidence. FIPI has commissioned various studies and produced research reports to substantiate its stand on various policy issues. FIPI, under the aegis of the Ministry of Petroleum and Natural Gas, Government of India provides support in organising Petrotech – an International Oil and Gas Conference and Exhibition which is the largest Petroleum Industry biennial event in South-East Asia. FIPI participates in international conferences and exhibitions and is open to collaborate and forge alliances with international bodies and associations to promote the oil and gas industry and to serve the interests of its members.
https://www.fipi.org.in/ -
Bharat Petroleum Corporation Ltd."Bharat Petroleum Corporation Limited (BPCL) came into existence in January, 1976 when Burmah-Shell was taken over by the Government of India. A Fortune Global 500 Company, BPCL is one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. BPCL has attained the coveted Maharatna status, joining the elite club of companies enjoying enhanced financial autonomy and other decision making authorities.
BPCL’s Refineries at Mumbai and Kochi, subsidiary Numaligarh Refinery Ltd. at Assam and joint venture Bina Refinery at Madhya Pradesh have a combined refining capacity of over 40 MMTPA. While BPCL’s upstream subsidiary, Bharat PetroResources Ltd. has acquired participating interests in 27 oil & gas blocks in India and abroad, BPCL’s gas subsidiary, Bharat Gas Resources Ltd. has been granted authorization to expand its City Gas Distribution network to 17 Geographical Areas.
BPCL markets its products through a robust marketing and distribution network comprising 16,250 Retail Outlets, 6,110 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 52 LPG Bottling Plants, 58 Aviation Service Stations, 3 Lube blending plants and 4 cross-country pipelines.
During the year 2019-20, BPCL’s gross revenue from operations stood at Rs.3,27,581 crores, net profit at Rs. 2,683 crores, market sales were 43.10 MMT and market share amongst public sector oil companies was 24.5%. The products have a wide range of applications in industrial, transport, power and agriculture sectors. BPCL has formed 24 joint venture companies covering refining, city gas distribution, renewable energy, pipelines, gas, into-plane servicing, airports, payment banks etc. to cater to the diverse requirements of its customers.
BPCL’s next 5 year strategic roadmap, which will entail investments of over Rs 1 Lakh crores, focuses on creating infrastructure, customer centricity through service models and enhanced fuel offerings, enhancing the petrochemicals portfolio, establishing a global footprint in downstream retailing, developing renewable energy sources, inclusive growth, reducing the carbon footprint etc. As a good corporate citizen, BPCL’s thrust is primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, BPCL’s vision is to be the most admired global energy company leveraging talent and technology.
http://www.bharatpetroleum.com/ -
bp p.l.c."We are an integrated energy business with operations in Europe, North and South America, Australasia, Asia and Africa. Operating in 79 countries with around 70,000 employees worldwide.
With its many investments in India and employing around 7,500 people in the oil, gas and lubricants businesses, bp is one of the largest international energy companies in India.
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Cairn Oil & Gas, Vedanta Limited"Cairn Oil & Gas, Vedanta Ltd., is the largest private oil and gas exploration and production company in India, accounting for more than a quarter of India’s domestic crude oil production. It has a world-class resource base, with a current interest in 58 blocks in India, including the 41 blocks under the Open Acreage Licensing Policy (OALP) Round I auction, 5 blocks each under Round II and Round III, and two awarded under the Discovered Small Fields (DSF) Round-II. In 2004, Cairn made the largest onshore discovery in more than two decades in Mangala, Rajasthan. In its operations of 20 years, Cairn has opened 4 frontier basins with numerous discoveries; 38 in Rajasthan alone. Cairn is part of the Vedanta Resources Limited, the world’s sixth largest diversified natural resources conglomerate with interest in oil and gas, zinc-lead-silver, copper, iron ore, aluminium, and commercial power. The company has a presence across India, South Africa, Namibia, Australia, and Ireland. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment, and on enhancing the lives of local communities. The company has been conferred the Confederation of Indian Industry (CII) “Sustainable Plus Platinum” label and ranks among the top 10 most sustainable companies in India.
https://www.cairnindia.com -
Engineers India Ltd."Engineers India Ltd. (EIL) a Navratna PSU is one of the leading design and engineering organizations in South Asia. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries. The Company has also diversified into sectors like infrastructure, water and waste management, solar & nuclear power and fertilizers to leverage its strong technical competencies and track record.
Today, EIL is a ‘Total Solutions’ engineering consultancy company providing design, engineering, procurement, construction and integrated project management services from ‘Concept to Commissioning’ with highest quality and safety standards. EIL’s QMS, OHSAS and EMS are certified to 9001:2015, OHSAS 18001:2007 and ISO 14001:2015 respectively.
With its corporate office in New Delhi India, EIL also operates from its four regional offices in Mumbai, Kolkata, Chennai and Vadodara and has inspection offices at all major manufacturing locations in the country. The company’s overseas presence is marked by an engineering office in Abu Dhabi which caters to the business needs in UAE and Middle-East region. Additionally, there are offices in London, Milan and Shanghai to coordinate the activities of international procurement and marketing. EIL has also established a subsidiary ‘Certification Engineers International Limited (CEIL)’, for providing services in the field of certification, re-certification and third party inspection services.
EIL has also established a joint venture namely Ramagundam Fertilizers and Chemicals Limited (RFCL) with National Fertilizer Limited, Fertilizer Corporation of India, State Government of Telangana; GAILIndia Ltd. and Haldor Topsoe (Denmark) for enhancing the presence in fertilizers sector.
EIL’s technological excellence is driven by more than 2200 engineers in a competent employee base of over 2700 employees. The availability of technical resources per annum is about 4.3 million man hours in EIL’s design offices along with additional 1.2 million man hours of construction management services.
https://engineersindia.com/ -
GAIL (India) Limited"GAIL (India) Limited is India’s largest natural gas company having a market share of over 75% in natural gas transmission. Apart from natural gas transmission, distribution and processing, the Company has diversified business interests in LPG transmission, petrochemicals, city gas projects and Exploration and Production activities. The Company has presence in Myanmar in E & P and in the US through its wholly owned US subsidiary GAIL Global (USA) Inc. The subsidiary company has executed definitive agreements with Carrizo Oil & Gas Inc. based in Houston, Texas, to enter into an unincorporated joint venture, under which GAIL Global (USA) Inc. will acquire a 20% interest in Carrizo's Eagle Ford Shale acreage position GAIL has also set up a wholly- owned subsidiary company viz. GAIL Global (Singapore) Pte. Ltd. in Singapore. GAIL possesses over 13,700 km of natural gas pipeline transmission network and has a transmission capacity of 204 MMSCMD.
https://gailonline.com/ -
Hindustan Petroleum Corporation Ltd."Hindustan Petroleum Corporation Limited (HPCL) was formed on July 15, 1974. HPCL is a Maharatna Central Public Sector Enterprise (CPSE) and a S&P Platts Top 250 Global Energy Company with a ranking of 54 with Annual Gross sales of Rs. 2,69,243 crore (US$ 36,825 Million) during FY 2020-21. HPCL enjoys near 18% market share in India and has a strong presence in Refining & Marketing of petroleum products in the country. During 2020-21, HPCL recorded Profit after Tax (PAT) of Rs. 10,664 crore (US$ 1,459 Million). HPCL owns and operates Refineries at Mumbai & Visakhapatnam with designed capacities of 7.5 MMTPA & 8.3 MMTPA respectively. HPCL also owns the largest Lube Refinery in the country at Mumbai for producing Lube Oil Base Stocks with a capacity of 428 TMTPA. HPCL holds 48.99% equity stake in JV Company, HMEL which operates a 11.3 MMTPA capacity refinery in Punjab and also has 16.96% equity stake in MRPL which operates a 15 MMTPA capacity refinery in Karnataka. HPCL has a vast marketing network spreading across the length and breadth of the country. HPCL has the second largest petroleum product pipeline network in India with network length of 3,775 km.
https://www.hindustanpetroleum.com/ -
Indian Oil Corporation Ltd."Indian Oil Corporation Limited (IndianOil) is one of India’s largest commercial enterprises and the country’s flagship integrated and diversified energy major. The Company’s philosophy is embedded in the principles of strong customer connect, quality consciousness and transparency, where energy is tapped responsibly and delivered to the consumers most affordably.
Guided by the corporate vision to establish itself as ‘a globally admired company’ and energised by a committed team of 32,998 high-calibre people, IndianOil’s business interests encompass the entire hydrocarbon value chain – from exploration & production (E&P) of oil & gas, refining, pipeline transportation and marketing to natural gas, petrochemicals, alternative energy sources and globalisation of downstream operations.
IndianOil accounts for the largest market share of India’s petroleum products consumption, with domestic sales of 78.54 million metric tonnes (MMT) in 2019-20. In addition, the Company achieved sales of 4.72 MMT in natural gas and 2.08 MMT in petrochemicals.
Driven by state-of-the-art technologies and cutting-edge R&D, IndianOil became the first oil PSU to fully transition from BS-IV automotive fuels directly to the world-standard BS-VI fuels, right from its refineries to the pump nozzles of its fuel stations across the country, on March 16, 2020, a full fortnight ahead of the April 1, 2020 deadline.
As part of its ongoing efforts to harness renewable energy, the Company has converted nearly 2,500 more of its fuel stations to operate on solar energy during 2019-20, and their total number is now at a record 16,678 (57.3% of the retail network). IndianOil has set up over 50 battery charging/swapping stations for use of electric vehicles in partnership with various companies.
IndianOil’s R&D Centre is driving efforts to recycle single use plastic in road construction – by mixing waste plastic in the bituminous mix for laying roads. The durability of such roads is being monitored jointly with the Central Road Research Institute. The R&D team has also conceived a host of other technology pathways to up-scale non-recyclable plastics into value-added products.
The year 2020 is being observed as the Year of Digitalisation at IndianOil in recognition of Information Technology (IT) as the backbone of the Company’s countrywide business operations. Coupled with workflow process automation, Industry 4.0, analytics, machine learning and mobility proliferation, digitalisation, or IT enablement, is transforming the Company’s business operations in line with the changing times and enabling it to emerge as the enterprise of the future.
https://iocl.com/ -
Nayara Energy Ltd."Nayara Energy is a new-age downstream energy and petrochemicals company of international scale with a unique mix of young and experienced minds and a robust foundation of best-in-class infrastructure and processes with a desire to deliver excellence, every step of the way.
It owns India’s second largest single-site, state of the art refinery and one of the most modern and complex refineries in the country having businesses across the hydrocarbon value chain, from refining to retail and is geared up to drive the vision of delivering crude to chemicals.
As the fastest growing pan-India fuel retail network, Nayara Energy is powering India’s growing energy demands by expanding its retail network at a massive pace
Driving inclusive growth, demonstrating deeper commitment and strategic integration of social responsibilities is part of its corporate culture. The Company incessantly works towards being a ‘neighbor of choice’ for the communities around its refinery and depot and delivering value for the stakeholders. The social initiatives nurtured span across the areas of sustainable livelihood & environment, education & skill development, and health & sanitation.
https://www.nayaraenergy.com/ -
Oil and Natural Gas Corporation Ltd."Maharatna ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production. Crude oil is the raw material used by downstream companies like IOC, BPCL, HPCL and MRPL (Last two are subsidiaries of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas LPG. ONGC has a unique distinction of being a company with in-house service capabilities in all areas of Exploration and Production of oil & gas and related oil-field services. Winner of the Best Employer award, this public sector enterprise has a dedicated team of around 28,500 professionals who toil round the clock in challenging locations. ONGC has taken structured initiatives to tap unconventional energy sources through unconventional gases like Coal Bed Methane (CBM), Underground Coal Gasification (UCG), Shale Gas and Gas Hydrates, or unconventional energy sources like wind, solar etc. The market cap of ONGC is one of the best among PSUs in India. ONGC is the biggest wealth creator in the country. ONGC is the only fully–integrated oil and gas company in India, operating along the entire hydrocarbon value chain. It has single-handedly scripted India's hydrocarbon saga.
https://www.ongcindia.com/wps/wcm/connect/en/home/ -
Oil India Ltd."Oil India Limited (OIL) is a fully integrated Exploration & Production company in the upstream sector, with origin dating back to the glorious year (1889) of oil discovery in India. It is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas. A Navratna PSU, OIL is the second largest National Oil and Gas company in India. OIL has carved a niche as a leading national oil and gas company in the upstream sector with a legacy of hydrocarbon exploration for over six decades. Besides having a Pan-India presence, OIL has Participating Interest (PI) in blocks in eight countries overseas viz Libya, Gabon, Nigeria, Venezuela, USA, Mozambique, Russia and Bangladesh . On March 25th, 2021, OIL acquired additional 54.16% stake in Numaligarh Refinery Ltd (NRL), Assam making the total stake to 80.16%, resulting in OIL becoming the promoter and the holding company of NRL with majority shareholding. Besides, the Company also has stake in Brahmaputra Cracker and Polymer Limited (BCPL). As one of its strategic initiatives, OIL has also selectively diversified into the Renewable & Alternate Energy sector, with total installed capacity of 188.10 MW comprising 174.10 MW of Wind Energy projects and 14 MW of Solar Energy projects.
https://www.oil-india.com/ -
Petronet LNG Ltd."Petronet LNG Limited formed in 1998, as a joint venture by India’s four major Oil and Gas public sector undertakings to import LNG and set up LNG terminals in the country. Today, it is one of the fastest growing world-class companies in the Indian energy sector. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 17.5 MMTPA, the Kochi terminal has a capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside India to expand its business presence. Petronet LNG is promoting and developing LNG as motor vehicle fuels and for other small scale consumption. It is at the forefront of India's all-out national drive to ensure the country's energy security in the years to come. Promoted by India's leading oil and natural gas industry players namely GAIL (India) Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). It is shaping the dream of cleaner and greener India.
https://petronetlng.in/ -
Reliance Industries Ltd."RIL is India’s largest private sector company, with a consolidated turnover of INR 659,205 crore ($87.1 billion), cash profit of INR 71,446 crore ($9.4 billion), and net profit of INR 39,880 crore ($5.3 billion) for the year ended March 31, 2020. RIL’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services. RIL is the top-most ranked company from India to feature in Fortune’s Global 500 list of ‘World’s Largest Companies’ – currently ranking 96th. The company stands 71st in the ‘Forbes Global 2000’ rankings for 2019 – top-most among Indian companies. It ranks 10th among LinkedIn’s ‘The Best Companies to Work For In India’ (2019)https://www.ril.com/
Strategic Partners
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Honeywell UOP"For over 100 years, Honeywell UOP has been a leader in developing and commercializing technology for the oil refining, petrochemical, gas processing and hydrogen industries. UOP’s principal products offered to these industries are licensed technologies and processes, catalysts, molecular sieve adsorbents, and packaged plants and key mechanical equipment.
https://uop.honeywell.com/ -
Xcoal Energy & Resources"Xcoal Energy Resources is a privately-owned global coal marketing and logistics company headquartered in Latrobe, Pennsylvania (USA). Ernie Thrasher leads a +100-person team with a “customer first” mentality spread throughout 20 global offices.
Xcoal specializes in marketing metallurgical, thermal, and anthracite coals from around the world, with a focus on supply from the U.S., Canada, and Australia. Innovative and creative logistical processes supported 2019 export volumes of over 25.0 million metric tonnes.
Xcoal is involved in coal mine development, financing, and related infrastructure projects and are actively pursuing investment opportunities in the global coal supply chain.
We take pride in our record of providing customers with reliable service, stable quality, and consistent supply.
XLNG Energy & Resources was developed to market and deliver alternative forms of energy to the global marketplace. XLNG has access to abundant U.S. shale gas supply in close proximity to LNG liquefaction plants and has experience sourcing LNG from other global supply basins as well.
XLNG will build on Xcoal’s marketing infrastructure and commercial relationships, while utilizing a well-established and successful business model to deliver gas to our customers.
Through strong supply and logistics relationships, XLNG exported 14.5 TBTU of LNG in 2019 and will continue to grow its presence in global LNG markets on our track record of reliable service & consistent supply.
https://www.xcoal.com/
Innovation Agora Partners
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_Invest India"Invest India is the National Investment Promotion and Facilitation Agency of India, set up as a non-profit venture under the aegis of Department of Industrial Policy & Promotion, Ministry of Commerce and Industry, Government of India. It facilitates and empowers all investors under the ‘Make in India’ initiative to establish, operate and expand their businesses in India. Invest India is envisaged as a one stop shop specially created to attract and retain high quality investments into India. Our team of domain and functional experts provide sector-and state-specific inputs, and hand-holding support to investors through the entire investment cycle, from pre-investment, decision-making to after-care. We provide comprehensive facilitation to investors interested in India, including strategic business advisory, policy guidance, location assessment, issue redressal and expansion support. Our team comprises of a group of talented, energetic hand-picked consultants, investment bankers and industry experts that have joined hands in the nation’s interest to increase investment and job opportunities in India.https://www.investindia.gov.in/ -
AGNII"Accelerating Growth of New India’s Innovations or AGNIi is a national initiative of the Government of India under the guidance and support of the Principal Scientific Adviser to the Government of India. It is an initiative that aims to support the ongoing efforts to boost the innovation ecosystem in the country by connecting innovators across industry, individuals and the grassroots to the market and helping commercialize their innovative solutions. It will provide a platform for innovators to bring their market ready products and solutions to industry thereby helping propel India into a new era of inclusive economic growth.https://www.agnii.gov.in/