Reupload: 𝐎𝐢𝐥 𝐈𝐧𝐝𝐢𝐚 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 - 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐕𝐢𝐝𝐞𝐨

Summary

The video highlights the legacy, values, and growth journey of Oil India Limited, India’s oldest exploration and production company with roots dating back to 1889. Built on honesty, integrity, and transparency, the company has evolved into a fully integrated, government-owned enterprise contributing around 9% of India’s crude oil and natural gas production. With a pan-India and global presence, Oil India focuses on enhancing domestic production, expanding gas’s share in the energy mix, and ensuring safety and sustainability. Alongside conventional energy, it is advancing renewable initiatives, city gas distribution, and pioneering green hydrogen, while actively contributing to social development and nation-building.

Takeaways

• 😀 Oil India Limited is the oldest and first exploration and production company in India, with over 100 years of history.
• 😀 The company was established in 1889, became a private limited company in 1959, and is now a wholly owned government enterprise since 1981.
• 😀 Oil India Limited is committed to enhancing energy security and contributing to national priorities through exploration and production initiatives.
• 😀 The company has a strong domestic and international presence, operating both onshore and offshore assets and expanding its production capabilities.
• 😀 Oil India Limited operates a 1,157 km pipeline for crude oil transportation and a 660 km product pipeline, showcasing its infrastructure strength.
• 😀 The company is aiming to increase the share of natural gas in India's energy mix to 15% by 2030, up from the current 6.3%.
• 😀 Safety is a top priority for Oil India Limited, with a dedicated focus on safety protocols in all operations.
• 😀 The company contributes around 9% of India’s total crude oil and natural gas production, playing a key role in the energy sector.
• 😀 Oil India Limited is actively investing in renewable energy, including wind and solar projects, and has commissioned India’s first green hydrogen pilot plant.
• 😀 The company emphasizes its commitment to social responsibility, with initiatives in healthcare, education, women empowerment, skill development, and sustainable livelihoods.
• 😀 Oil India Limited continues to innovate and grow, aiming to fuel the nation’s aspirations and contribute to a sustainable energy future.

Q & A

What values have helped Oil India Limited (OIL) reach its success?

The values that have helped OIL reach success are honesty, integrity, and transparency.

When was Oil India Limited founded and how did it evolve over time?

Oil India Limited's legacy dates back to 1889, with the discovery of the first oil deposits in Assam. It became a private limited company in 1959, a joint venture in 1961, and was fully owned by the Government of India in 1981.

What is Oil India Limited's mission?

Oil India Limited's mission is to be the fastest growing energy company with a global presence, providing value to stakeholders.

What are some of Oil India Limited's initiatives to enhance exploration?

OIL is enhancing its exploration coverage both within India and overseas. Additionally, the company is focused on increasing its production capability under its 'Mission 4 Plus' initiative.

What is Oil India Limited's role in the energy sector in India?

Oil India Limited is the oldest and first exploration and production company in India, contributing around 9% of the country's total crude oil and natural gas production.

How is Oil India Limited involved in pipeline transportation?

OIL operates a 1,157 km long pipeline for crude oil transportation and has commissioned a 660 km long product pipeline from its Numad Refinery to Siliguri.

What is Oil India Limited's plan for increasing natural gas in India's energy basket?

Oil India Limited plans to increase the share of natural gas in India's energy mix from 6.3% to 15% by 2030, as announced by the Honorable Prime Minister.

What kind of safety measures does Oil India Limited prioritize?

Oil India Limited prioritizes safety by paying extra attention to safety protocols to ensure the well-being of its workers and the environment.

How does Oil India Limited contribute to society?

Oil India Limited contributes to society through various CSR initiatives, focusing on healthcare, education, women empowerment, skill development, and sustainable livelihood.

What initiatives has Oil India Limited taken towards renewable energy?

Oil India Limited is nurturing the renewable and alternative energy sector by commissioning wind and solar energy projects. They have also launched India's first 99.999% pure green hydrogen pilot plant in Assam.