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OI
National Oil Company
Upstream
NSE: OIL
Oil India
Duliajan, Assam, India · Established 1959 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Oil India Limited is India's second-largest national upstream company, producing approximately 200 kbpd from Assam and Arunachal Pradesh fields, with pipeline transportation and NRL refinery stake. International operations span Libya, Venezuela, and Russia.
FY2024 revenue approximated $5 billion with net income near $800 million. Assam basin mature fields require enhanced recovery. Numaligarh Refinery (NRL) 69% stake provides downstream integration.
Northeast India pipeline network is strategi...
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