Economy GS 3 In the news 3 times

India's Petroleum Refining Sector

India is the 4th largest refiner in the world by capacity. The refining sector is dominated by public sector undertakings (PSUs) under the Ministry of Petroleum and Natural Gas.

Key details

India's total refining capacity: approximately 250 MMTPA (as of 2024-25)
Major PSU refiners: Indian Oil Corporation (IOC) — largest; Bharat Petroleum Corporation Limited (BPCL); HPCL; Chennai Petroleum Corporation Limited (CPCL); Mangalore Refinery and Petrochemicals Limited (MRPL); Numaligarh Refinery Limited (NRL)
Private sector: Reliance Industries Limited (Jamnagar, Gujarat) — world's largest single-location refinery complex (~68 MMTPA)
HPCL operates refineries at Mumbai (Maharashtra) and Visakhapatnam (Andhra Pradesh)
India imports about 85% of its crude oil requirements; domestic production from Rajasthan (Barmer), Assam (Digboi, OIL), Gujarat, and offshore (Mumbai High) meets only ~15%
Petroleum & Natural Gas Regulatory Board (PNGRB) regulates natural gas pipelines and city gas distribution

In the news

● Tracked since March 31, 2026 · last seen July 04, 2026 · updates as the daily brief publishes

04 Jul '26

Modi inaugurates Rajasthan refinery: Why India’s first greenfield plant in a decade matters

Economics

20 Apr '26

PM Modi to inaugurate India's 1st greenfield integrated refinery-cum-petrochemical complex in Rajasthan

Economics

31 Mar '26

India diesel exports to SE Asia hit 7-year high in March due to Iran war, data shows

Economics

Related concepts

Polity & Governance

Environmental Concerns

See it in today’s brief. Daily current affairs with every static concept explained in place.

Read the daily brief