Petroleum is called “Liquid Gold.” I am sure Geography books haven’t failed to make us understand the reasons behind this name. Whenever you are stuck on the road in the middle of a long drive and look for “ petrol pump near me, ” did you ever think what the best Petrol Pump companies in India are? If you don’t, then you have arrived at the right place.
In FY19, India had roughly 65,000 petrol pump retail locations. To meet the country’s expanding oil consumption, their number has increased exponentially. It’s at a compound annual growth rate (CAGR) of 5% over the previous decade.
Scroll down to check out the comprehensive list of the most popular petrol pump companies below….
Some Facts About Indian Oil And Gas Sector, You Must Know
Did you know India is the 3rd largest energy consumer? There are a few facts about the Indian Oil and Gas Sector that you must be aware of before proceeding further.
- India’s first oil deposit was found in Assam in 1889.
- Being one of the largest energy consumers in the world
- India imports 82% of its Oil from Iraq, Saudi Arabia, Nigeria predominantly, and many more.
- At present, there are 70,000+ fuel stations in India offering all forms of lubricants, fuel, and other facilities.
- Indian Oil Corporation Limited (IOCL) owns 70% of all the stations. Furthermore, Hindustan Petroleum Corporation Limited and Bharat Petroleum Corporation Limited hold the 2nd and 3rd positions.
Top 11 Petrol Pump Companies In India
The petrochemical industry involves a plethora of subsectors, starting from petrol pump hose suppliers to the plastic processing industry. Below, we have mentioned the top 11 petrol pump companies in India. The names we have given are basically ruling the industry over the ages. Furthermore, they also have tough competition amongst each other.
1. Oil And Natural Gas Corporation (ONGC)
ONGC, or Oil and Natural Gas Corporation is a government sector Petrol Pump company that is ranked 243rd on the Fortune 500 list. In the fiscal year 2020-21, this Indian fuel corporation generated roughly 20.2 million tonnes of crude oil. It made $957 billion in sales in the previous year. These are ONGC’s 3 subsidiaries: Mangalore Refinery and Petrochemicals Limited, Videsh Limited, Hindustan Petroleum Corporation Limited.
The Key Information About ONGC
2. Bharat Petroleum
Bharat Petroleum is India’s second-largest petrol corporation, with over 18 thousand gasoline outlets around the country. The Bharat Petroleum Corporation Limited (BPCL), often known as BPCL, was established in November 1952. The organisation is a wholly-owned subsidiary of the Indian government and reports to the Ministry of Petroleum and Natural Gas.
The Key Information About Bharat Petroleum:
3. Indian Oil Corporation
Indian Oil Corporation Limited (IOCL), often known as Indian Oil, is India’s largest oil business. The Indian government’s Ministry of Petroleum and Natural Gas oversees the Fortune 500 corporation. The IOCL operates the biggest number of petrol stations in India, providing the Indian government with a significant revenue stream. The organization deals in many petrol pump stations like R&D, Petrochemicals, Marketing, Petrol Refineries, etc.
The Key Information About Indian Oil Corporation:
4. Reliance Petroleum Limited
Mukesh Ambani launched Reliance Petroleum in 2008. Reliance Petrol Pump company is based in Ahmedabad, Gujarat. Since its founding, it has remained one of India’s largest private-sector firms. Reliance Petroleum now runs the Jamnagar Refinery, extracting and refining crude oil. The refinery covers 7,500 acres and includes port facilities, off-site Petrol Pumps, townships, and other amenities.
The Key Information About Reliance Petroleum Limited:
5. Hindustan Petroleum Corporation
HP, or Hindustan Petroleum Corporation Limited (HPCL), is India’s third-largest fuel corporation. ONGC owns the HPCL, which came into being in 1974. HPCL’s recognition is mainly for having India’s second-biggest petroleum pipeline network and infrastructure, with headquarters in Mumbai. HPCL is one of India’s most trusted fuel brands, with over 13 thousand gas stations under its control.
The Key Information About Hindustan Petroleum Corporation:
6. Cairn India
Cairn India is a private firm based in Gurgaon that is a subsidiary of Vedanta Limited. So far, it has contributed 54 billion barrels to domestic crude oil output. The firm made $324 million in sales revenue in FY2020. It also has operations in Sri Lanka and South Africa. The Aishwariya Barmer Hill tight oil project has been added to the company’s future project portfolio.
The Key Information About Hindustan Cairn India:
7. Essar Oil Limited
Rosneft Trafigura, Russia’s largest energy business, purchased Essar in 2017. The firm has changed its name to Nayara Energy and now runs over 6000 Essar Petrol Pump stations all over India (largest private petrol network). Nayara owns and runs the second biggest refinery in Gujrat, Vadinar.
The Key Information About Essar Oil Limited:
8. Tata Petrodyne
Tata Petrodyne is a private corporation that is a part of Invenire Energy Pvt. Ltd. It owns two refinery blocks off the coasts of the United Kingdom and Australia. It has seven offshore and offshore refineries in India spread across the country’s states.
Nagarjuna Oil Corporation Limited is another company in which it has an interest. The latter has a manufacturing limit of 6 million tonnes per year. It has refinery blocks in the following locations beyond the domestic boundary: Central Asia, Indonesia, and Tanzania.
The Key Information About Tata Petrodyne:
- Employee Strength: 100-500 employees
- Average Annual Revenue: ₹100-500 crores
- Market Capital: ₹15000 lakhs
9. Adani Welspun Exploration Limited
It is one of India’s largest privately held fuel firms. It has four refinery blocks in the cities of Mumbai and Kutch. A number of petrol pump hose factories and petrol pump hose suppliers are related to Adani Petroleum.
The Key Information About Adani Welspun Exploration Limited:
10. Oil India Limited
Oil India Limited is a government-owned corporation. It is the government’s second-largest hydrocarbon and production company. Numaligarh Refinery Limited has a market share. The company’s operations extend beyond the country’s borders, including Venezuela, the USA, Bangladesh, Myanmar, Mozambique, Libya, Gabon, Russia, etc.
The Key Information About Adani Oil India Limited:
- Employee Strength: 7097 employees
- Average Annual Revenue: ₹12,128.52 Crore
- Market Capital: ₹20,565 Crores
11. Shell Petroleum
Shell Petrol Pump company was founded in 1912 and has its headquarters in Houston, Texas. The parent corporation is Royal Dutch Shell. The headquarters of Shell India is at Gurgoan. Across India, Shell Petrol Pump now operates over 100 petrol stations in Karnataka, Tamil Nadu, Telangana, Maharastra, Gujarat, and Assam. It also plans to expand to 1500 in the next few years.
The Key Information About Shell Petroleum:
- Employee Strength: 8500+
- Average Annual Revenue: ₹500 cr
- Market Capital: ₹10,000.00 cr
The Market Capital Of The 11 Best Petrol Pump Companies In India
The accurate market capital of the 11 best petrol pump companies in India is listed below. From this table, you can easily denote which are the most demanding brands in the country at present.
|Petrol Pump Companies||Market Capital|
|Indian Oil Corporation||₹106,003 crores|
|Hindustan Petroleum Corporation||₹38,279 crores|
|Bharat Petroleum||₹107,984 crores|
|Reliance Petroleum Limited||₹58,928 crores|
|Cairn India||₹53,529 crores|
|Essar Oil Limited||₹38,138 crores|
|Adani Welspun Exploration Limited||₹5000.0 lakhs|
|Tata Petrodyne||₹15000 lakhs|
|Oil India Limited||₹20,565 crores|
|Shell Petroleum||₹10,000.00 crores|
Frequently Asked Questions
Ans: Out of 60,799 petrol pumps in the country, 55,325 are state-owned petrol retailers. Indian Oil Corporation operates and owns 26,489 petrol stations, out of which 7232 are rural outlets. Hindustan Petroleum Corp Ltd (HPCL) is the 2nd largest fuel retailer having 14,675 outlets nationwide.
Ans: As per the reviews of the customers, Indian Oil offers the best quality of Petrol in India. It’s followed by Hindustan Petroleum and Bharat Petroleum. Reliance Petrol Pump company also occupies a prestigious position.
Ans: Essar Oil dealership is not only simple but also lucrative enough to ensure stable operating profits and returns on your investments.
Ans: Using Shell Petrol, you will get the mileage of 35+Kms per liter- as per the reviews of the users. In addition, the pick up also improves.
Wrapping It Up
If you ask about the best petrol pump companies among these, we’ll go for Indian Oil, Bharat Petroleum, and Hindustan Petroleum. These three companies are those from whom the majority of people may purchase fuel. Indian Oil Corporation, India’s largest oil and gas business, owns the majority of filling stations in the country. Some other upcoming petrol pump companies in India include Total SA, British Petroleum, Rosneft, Saudi Aramco, etc.
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