The oil and gas industry is one of the largest sectors in the world in terms of money value and it has various products such as Oil, Natural gas, Petroleum, Lubricants and fuel. Oil is crucial to the world economic framework, impacting everything from transportation to heating and electricity to industrial production and manufacturing. Oil and gas companies in Chennai play a significant role in the city’s industrial landscape. This system encompasses wells, gas gathering and processing facilities, storage, and transmission and distribution pipelines. These components are all important aspects of the natural gas process of getting natural gas out of the ground and to the end process. They also provide employment opportunities and contribute to Economic Growth.
The industry is often divided into three segments:
- upstream, the business of oil and gas exploration and production;
- midstream, transportation and storage; and
- Downstream, which includes refining and marketing.
Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world’s primary fuel sources.
FAQs
1. What are the big oil & gas companies in Chennai?
Chennai Petroleum Corporation, BGR Energy Systems
2. Who is India’s biggest oil supplier?
Russia was India’s largest oil supplier in 2023, accounting for around 30% of imports. The monthly tally peaked at 1.99 million barrels in July. But these purchases have declined recently, falling to about 1.29 million barrels a day last month
3. What is the percentage contribution of the oil and gas sector to Indian GDP?
The oil and gas industry is counted among the 8 core industries contributing to the Indian GDP. The oil and gas industry stands for 15% of the country’s Gross Domestic Product (GDP).
4. Is it good to invest in oil?
Oil serves as a good portfolio diversifier – if one of your investments loses value, oil can still provide positive returns. Source of passive income: Whether you invest in crude oil futures, oil stocks, energy stocks, mutual funds, or ETFs, you’ll earn a passive income – giving you a stable cash flow.
5. What is the most profitable oil company in India ?
Based in Mumbai, Reliance Industries Limited operates across multiple sectors. It includes petroleum refining and marketing, hydrocarbon exploration and production, renewables such as solar and hydrogen, petrochemicals, advanced materials and composites, digital services, etc.
List of Top 10 Oil and Gas Companies in Chennai
1. Indian Oil Corporation Limited
The organization has been operating for more than 35 to 40 years, which indicates its reliability. The staff is well-cultured and friendly, the training sessions provided by the organization are appreciated by some customers. Benefits for Buyers to have multiple options the business strives to make for a positive experience through its offerings.
Address: Plot No 139, Indian Oil Bhavan, Nungambakkam High Road, Nungambakkam, Chennai – 600034
Phone: 07947105068
Hours: Opens 9:15 am – 5:00 pm Closes
Rating: 4.0 (1591)
2. Chennai Petroleum Corporation
Chennai Petroleum Corp Limited (CPCL), formerly known as Madras Refineries Limited (MRL) is an utilities company he Main products of company are LPG, Motor Spirit, Superior Kerosene, Aviation Turbine fuel, High Speed Diesel, Naphtha, Bitumen, Lube base Stocks, Paraffin Wax, Fuel Oil, Hexane and Petrochemical feedStocks.
Address: No 536, Anna Salai, Teynampet, Chennai, Tamil Nadu, India.
Phone: 044-24349833
Hours: 24hours
Rating: 4.5
3. Hindustan Oil Exploration Company Ltd
Hindustan Oil Exploration Company Ltd in Alwarpet, Chennai is known to satisfactorily cater to the demands of its customer base. The business came into existence in 2005 and has, since then, been a known name in its field. The company’s primary goal is to create long-term stakeholder value while ensuring responsible growth.
Address: No 192 Lakshmi Chambers, St Marys Road, Alwarpet, Chennai – 600018
Phone: 07942683948
Hours: Hours: Opens 9am – 6pm Closes
Rating: 4.1 (61)
4. TECHNOMECH OIL & ENERGY PVT LTD
Technomech Oil & Energy delivers pipelines that are used for transporting Natural Gas, Industrial Gasses and Oil. They undertake Design, Engineering and construction management of cross country pipelines involving both metallic as well non-metallic.
Address: Guna Complex, 6th Floor, 443, Phase 1, Teynampet, Chennai, Tamil Nadu 600018
Phone: 044 4091 6111
Hours: 24hours
Rating: 4.8
5. Integrated Process Oil and Gas technologies
A team with about 30 years of technical and commercial experience in subsurface, surface, project management and operational aspects in the energy sector, oil & gas and its related business. We pioneer in providing a range of services to the Energy Industry.
Address: Level 5, North Block, Tamarai Tech Park, Thiru Vi Ka Industrial Estate, Inner Ring Road, Guindy, Chennai, Tamil Nadu 600032
Phone: 044 6693 6953
Hours: 24hours
Rating: 5.0
6. INDIANOIL LNG PRIVATE LIMITED
IndianOil LNG Private Limited (IOLPL), a Joint Venture company of IndianOil Corporation Limited, was incorporated on 29.05.2015 under the Companies Act, 2013 for implementation of Ennore LNG Import, Storage, and Regasification Terminal Project
Address: 88H+8PH, inside Kamarajar Port, Kattupalli, Puzhuthivakkam, Tamil Nadu 600120
Phone: 044-28333771
Hours: 24hours
Rating: 4.2
7. BGR Energy Systems Limited
The Company was originally incorporated in 1985, headquartered in Chennai and is involved in providing a wide range of services and products for various industries, including power, oil and gas and industrial projects. BGR Energy Systems specializes in engineering, procurement and construction services and has made significant contributions to the energy and infrastructure sectors in India.
Address: Guna Complex, 443, Anna Salai, Teynampet, Chennai, Tamil Nadu 600018
Hours: Open 9am – Closes 5:30pm
Phone: 044 2430 1000
Rating: 4.1 (385)
8. L&T Energy Hydrocarbon
L&T Energy Hydrocarbon is a prominent company in the oil and gas sector engaged in providing end-to-end solutions, from exploration to production. With a history spanning several decades, the company is known for its innovative approach and commitment to sustainability. It has undertaken major projects offshore and onshore.
Address: Kattupalli, Tamil Nadu 600120
Phone: 022 6752 5656
Hours: 24Hours
Rating: 4.1 (301)
9. Reliance Industries
Reliance Industries, a leading player in the oil and gas sector, which operates across various segments, including exploration, production, refining, and marketing of petroleum and petroleum products. The company has a global presence and is known for its cutting-edge technology and sustainable practices.
Address: 67JQ+VXV, Kondakkarai, Vallur, Athipatttu, Tamil Nadu 600103
Phone: 04443320251
Hours: Opens 9am – 6pm closes
Rating: 4.0
10. GAIL (India) Limited
GAIL (India) is a state-owned natural gas processing and distribution company in India. It has been instrumental in the development of the natural gas sector in the country. The company is involved in the exploration, production, transmission, distribution and marketing of natural gas. It also has a significant presence in the petrochemical industry. GAIL is known for its extensive pipeline network that spans thousands of kilometers, ensuring the efficient and reliable supply of natural gas to various sectors of the economy.
Address: NO: 16, BSNL TELESHOPPE, Greams Rd, Thousand Lights, Chennai, Tamil Nadu 600002
Phone: 044-28292176
Hours: Opens 9.15am – 5.45pm closes
Rating: 3.9
