By FMTeam India exports a lot of oil and gas, but within the borders of our country, there is always the exploration, development, and production of crude oil and natural gas work going on, and no doubt, companies like Oil India Limited are the ones that carry out these operations. On that note, let’s talk about Oil India Net Worth, Owner, CEO, Head Office, etc.
| Company name | Oil India Limited (OIL) |
| Establishment year | 1959 |
| Head Office | Duliajan, Assam, India |
| Owner/Founder | Founded as a JV of Burmah Oil and Government of India |
| CEO Name | Dr. Ranjit Rath |
| Industry | Upstream oil and gas (exploration and production) |
| Number of employees | Around 6.41K |
| Net worth | INR 79,329.63 crore |
| Market capitalization | ₹79,329.63 crore (10/02/2026) |
Company Profile
True, and as we already told you this that Oil India is a government-owned company operating under the Ministry of Petroleum and Natural Gas. And as for what it is up to right now, well, it is primarily engaged in exploration and production of crude oil and natural gas, hence it is a significant component of the Indian upstream energy sector. Head office? That’s still there in Duliajan, Assam.
Net Worth (Market Cap)
There are no good net worth estimates for Oil India, that’s why let’s just stick with market cap, and in the case of this one, that number is around INR 79,329.63 crore as of 10th Feb 2026.
Future Outlook and Recent Updates
Going a little bit into what is upgrading with this company and what are the next expansion plans, well, Oil India has increased its focus on ramping up the capital expenditure to back production and facilities growth. The company has lined up around ₹7,500 crore of standalone capital expenditure for FY26, while the spending in FY25 was near ₹6,800 crore. Under the project side, Oil India and BPCL have entered into a signing of the agreements for the construction of a new greenfield refinery and a petrochemical project in Andhra Pradesh, where the estimated investment amounts to about ₹1 trillion. The company is also evaluating a 10% to 20% stake in the refinery project.