Exploring India’s oil refining giants: Best bets for investors

India’s Oil Refining Industry

– India is the second-largest oil refiner in Asia, with a refining capacity of over 250 million tonnes per year.
– Domestic and export demand drive growth for refining companies.

Reliance Industries

– World’s largest refinery at Jamnagar with advanced capabilities.
– Diversifying into green energy projects, balancing traditional and renewable energy.

Indian Oil Corporation

– Largest oil refining and marketing company in India.
– Strategic focus on biofuels, LNG, and green hydrogen.

Bharat Petroleum Corporation Limited

– Focus on expanding its refining capacity and fuel retailing.
– Investment in clean energy initiatives to future-proof operations.

Hindustan Petroleum 
Corporation 

– India is the second-largest oil refiner in Asia, with a refining capacity of over 250 million tonnes per year.
– Domestic and export demand drive growth for refining companies.