Petroleum Industry

The oil and gas sector is among the six core industries in India and plays a major role in influencing decision making for all other sectors of the economy. The Government of India has allowed 100 per cent foreign direct investment (FDI) in many segments of the sector, including natural gas, petroleum products, and refineries, among others

The petroleum industry mainly focuses on the global processes of exploration, extraction, refining, transporting (often by oil tankers and pipelines), and marketing petroleum products.