chain from exploration to retailing- before it is available for usage in different forms. In our country, the Refining business is primarily dominated by Public Sector Undertaking Companies like Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), etc. Apart from PSUs, major player in this sector is Reliance Petroleum. All refineries need crude oil as basic raw material. They have to import it in large quantities to meet their requirements
growth • Major players and market shares • Government initiatives and reforms • Demand analysis • Investments • Recent developments • Regulatory bodies • SWOT analysis • Facts and figures CHAPTER-II Oil and Natural gas Corporation Limited • Historical perspective • Vision, Mission and Objectives • Milestones • Awards • Key people • Company structure • Marketing, Finance and HR aspects • Major components • SWOT analysis