List of Petrol Pump Companies in India

  • Author :
  • TATA AIG Team
  • Published on :
  • 01/11/2023

India is the third largest energy consumer in the world despite the rising petrol and diesel prices. Almost every second person in the country owns a vehicle; to run them, they need fuel.

India has faced a 17% increase in fuel consumption even after the post-pandemic economic downturn. To fulfil the needs of Indian consumers, oil marketing companies in India import crude oil from Iraq, Nigeria, Saudi Arabia, etc.

There are around 70,000+ gas and fuel stations all across the country to meet the demand for fuel consumption. The oil and gas sector contributes majorly to our country's economy. Oil and gas companies in India work tirelessly and effortlessly to meet the rising demand.

In this blog, we will learn all about the petrol pump companies in India.

Top Petrol Pump Companies in India

Several petrol companies in India work as a backbone and contribute to the country's development. Most of the gas and filling stations in India are owned by Indian oil corporations. Here is the top petrol pump name list with a description.

Indian Oil The very first fuel company in India is Indian Oil, also known as Indian Oil Corporation Limited, the country's most significant player.

This government-owned company comes under the Fortune 500 and has the most significant number of petrol pumps nationwide. A large amount of revenue comes from the Indian Oil petrol pumps.

Not just petrol and diesel, IOCL also offers natural gas services such as CNG (compressed natural gas) and LPG (liquified petroleum gas). Other than this, IOCL provides various kinds of lubricant oil for 2 and 4-wheeler vehicles.

The gas stations of IOCL are present in both rural and urban areas of India and are known for their quality fuel and efficient services.

Oil and Natural Gas Corporation The second company on our list is ONGC or Oil and Natural Gas Corporation, also known as ONGC, jointly run by the Petroleum and Natural Gas Ministry and the Government of India.

The headquarters of this company is based in New Delhi. The oil company has gained 243rd position in the Fortune 500 list. The company has produced more than 20 million tons of crude oil.

It has three subsidiaries: Hindustan Petroleum Corporation Limited, Mangalore Refinery and Petrochemicals Limited and Videsh Limited. The company has an employee strength of over 30,000. Currently, it has a total of 60,000+ petrol pumps in India.

Bharat Petroleum Bharat Petroleum is one of the most trusted oil and gas industry names. It is India's second-largest petrol company and was founded in November 1952.

It is a government petrol bunks that has earned the 394th position in the Fortune 500. The company's headquarters is in Bangalore, and its refineries are in Bina, Kochi, Numaligarh and Mumbai.

The company is famous in India because of its various offerings, such as CNG, LPG and customised petrol products like Speed and Speed 97.

Due to its hard work and dedication, the company has achieved various honours such as Sustainability Performance Award, Golden Peacock Innovative Product, etc. Not just this, Bharat Petroleum is also working on BPCL SmartFleet to provide fuel management systems to fleet owners.

Hindustan Petroleum Hindustan Petroleum, also known as HP, is another oil and gas industry that has secured India's 3rd best petrol company.

The company was founded in 1974 and is known as the subsidiary of ONGC. The company's headquarters is in Mumbai and has various refineries in Bhatinda, Barmer, Visakhapatnam, etc.

Besides this, the company has a robust pipeline and infrastructure of petroleum network in India. With its 13,000+ petrol pumps nationwide, it is one of the trusted brands of Indian consumers.

Regarding offerings, HP has a wide range of products like HP Gas, HP refineries and HP lubricants.

Oil India Limited Another government-owned oil and gas company is Oil India Limited, which operates in India and overseas countries like Russia, Libya, Nigeria, and many more.

The company was founded in February 1959. Its headquarters is in Duliajan, and its corporate office is in Noida.

The company's offerings include petrochemicals, petroleum and natural gas. Recently, the company acquired Numaligarh refineries of Bharat Petroleum. The company currently has 7000+ employees.

Top Private Petrol Pump Companies in India

Other than government-owned companies, many private petrol pump companies in India serve Indian consumers. Some of these privately owned petrol brands in India are listed below:

Reliance Industries The first private petrol pump company in India is Reliance Petroleum Limited, owned by Reliance Group.

It was founded in 2008 and is ranked 4th largest private petrol company in the Indian market. The headquarters of the company is located in Ahmedabad. The company has two refineries that are situated in Jamnagar, Gujrat.

The company specialises in selling petroleum and natural gas products. It has around 1,394+ filling stations all across India.

In terms of services, the Reliance petrol pump is way ahead of the curve because of its High-speed dispensers, clean toilets, well-groomed attendants and many more.

Nayara Energy The Next privately owned petrol brand in India is Nayara Energy, the largest private petrol pump network with 6000+ filling stations. It was known as Essar Group earlier, but after the Rosneft Trafigura acquisition, its name changed to Nayara Energy.

The company was established in 1969. The second largest privately owned refinery is Vadinar Refinery, operated by Nayara Energy. Its head office is located in Mumbai. It is one of the fastest-growing petrol pump networks in India.

Jio-BP Another private petrol company is a joint venture between Reliance Group and British Petroleum. It offers multiple fuel choices and services to consumers all across India.

The Jio-BP brand is ready to deliver an unparalleled and distinctive customer experience while reinventing mobility solutions in India.

The existing network of more than 1400 petrol pumps of Reliance group will be rebranded as Jio-BP in the upcoming months, offering a fresh selection of consumer value propositions.

TATA Petrodyne Another fastest-growing energy company is Tata Petrodyne. The company was founded in 1993. It has various onshore and offshore refineries. The overseas refineries are located in Australia and the UK.

The annual turnover of Tata Petrodyne is between ₹100 crore and ₹500 crore. Not only this, it has 3000+ mobile filling stations.

Adani Welspun Exploration A joint venture between Adani Group and Welspun Group is next on our list. It is one of India's leading private petrol pump companies, founded in 2005.

The Adani group has a significant share, which is 65%, while the Mumbai-based Welspun group holds the rest. The company has 4 refineries in Kutch and Mumbai.

These are just some of the private petrol pump companies in India. India's liberalisation of fuel retailing and increasing fuel demand are expected to lead to significant growth in the privately held industry in coming years.

Why Have a Four Wheeler Insurance Policy?

No matter what the petrol or diesel price is, individuals in India will use their vehicles for daily commutes. Safety is one of the significant concerns among individuals. Keeping that in mind, having a four-wheeler insurance policy is essential.

Driving without basic third-party car insurance in India can lead to fines and penalties. Further, with a comprehensive car insurance policy, you can protect your finances and well-being in accidents or unexpected events. While choosing the plan, it is best to compare car insurance to get the best coverage and price.

Tata AIG has established easy claims processes that make reporting and filing a claim relatively straightforward, helping you get back on the road sooner after an accident. Further, various add-ons such as roadside assistance, emergency transport and hotel expenses, etc, offer enhanced car insurance policy coverage.

Conclusion

In this blog, we have listed the list of various company-owned petrol pumps in India. The demand for fuel consumption will not decrease; that's why various private companies are also advancing their fuel stations in India. The presence of multiple companies in the fuel retailing sector can drive improvements in fuel quality, infrastructure, and customer service as companies strive to attract customers.

With the demand for electric vehicles in the market, we will also witness many EV charging stations across the country.

FAQs

Which is the No. 1 petrol pump in India?

The number one petrol station In India is Indian Oil, which generates a good amount of revenue from rural and urban areas of the country. Other than Indian Oil, Bharat Petroleum and Hindustan Petroleum are significant oil and gas industry players in the market.

Is Nayara owned by Adani?

Nayara Energy, formerly Essar Oil, is an Indian petroleum company primarily refining and marketing petroleum products. Rosneft, a Russian state-owned oil company, holds a significant stake in Nayara Energy. Trafigura, a global commodity trading company, also has a stake in Nayara Energy. They hold a 24.13% stake in the company.

What is the profit of a petrol pump per month?

The profit of a petrol pump per month can vary widely based on several factors, including location, size, competition, and market conditions. The average profit earned from petrol pumps ranges between ₹1 lakh to ₹2 lakh per month.

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