The Indian Petroleum refining sector has come a long way since crude oil was discovered and the first refinery was set up at Digboi in 1901. Till 1947, that was the only refinery with a capacity of 0.50 million metric tonnes per annum (MMTPA). The present Mumbai Refinery of HPCL was the first modern refinery to be set up after independence by Esso in 1954, which was followed by setting up of refineries by other oil majors, like Burmah Shell and Caltex in Mumbai (BPCL) and Visakhapatnam (HPCL). Since then, refineries were established by the Government, Private Sector, Joint Venture.
India has witnessed a spectacular growth in the refining sector over the years. From a deficit scenario in 2001, the country achieved self-sufficiency in Refining and today is a major exporter of Quality Petroleum Products. Today India is the global refining hub with refining capacity of 248.9 MMTPA and is the fourth largest in the world after the United States, China and Russia. There are total 23 refineries in the country, 18 in the Public Sector, 2 in the Joint Venture and 3 in the Private Sector well spread geographically and connected with cross country pipelines.
The Indian Refining Company was an American oil company in operation from the first decade of the 1900s to April 2, 1943. It was bought by the Texas Company in 1931. It had an oil refinery based in Lawrenceville, Illinois. Indian Refining patented the first "wax free" oil under the Havoline brand.
The Indian Petroleum refining sector has come a long way since crude oil was discovered and the first refinery was set up at Digboi in 1901.
Jamnagar Refinery:
The refinery was commissioned in 14 July 1999 with an installed capacity of 27MMTPA. The present capacity of this refinery is 33MMTPA.It is currently the largest refinery in the world.
23 refineries
Indian Oil group owns and operates 11 of India's 23 refineries - ranging from the oldest one in the country at Digboi (capacity - 0.65 MMTPA) which commenced operations in 1901, to the latest at Paradip (capacity - 15 MMTPA) which was dedicated to the nation in 2016.
Mumbai High, formerly Bombay High is the largest oil field in India. It is an offshore oilfield located in the Arabian Sea, approximately 160km west of the Mumbai coast. It was discovered in 1974, started production in 1976.
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