8/7/2019 269698_633935449039692500

1/21

-By RAM JR

8/7/2019 269698_633935449039692500

2/21

` Petroleum Industry is considered to be the back bone of aneconomy because this is the main source of energy till date. Anyeconomy around the world would fail to proceed a single step inthe absence of Petroleum Industry.

` T he petroleum industry involves the r efining of c rud e

pet r ole u m and the processing of natural gas into a multitude of products ,as well as the distribution & marketing of petroleumderived products.

` T he p r ice of pet r ole u m is determined by the demand-supplymechanism around the globe. Petroleum is not a domestic productand any kind of shortage in the same has serious ramifications on

all possible industries along with the economies all over the world.` Petroleum Industry always need to perform explo r ation

r esea r ch all ove r the wo r ld for finding more petroleum siteswhich also become instrumental in the setting up PetroleumIndustry

8/7/2019 269698_633935449039692500

3/21

` Petroleum exploration & production was controlled by the Government -owned National Oil Companies (NOC s), ONGC and OIL.

` By the end of the 80 s, Oil production had begun to decline whereas there was a stead y increase in consumption .

` Toda y the two NOC s are a ble to meet onl y a bout

35% of the domestic requirement

8/7/2019 269698_633935449039692500

4/21

8/7/2019 269698_633935449039692500

5/21

` http://pi b.nic .in/feature/fe yr2000 /fjan2 000 /f18012 0001 .html

8/7/2019 269698_633935449039692500

6/21

8/7/2019 269698_633935449039692500

7/21

8/7/2019 269698_633935449039692500

8/21

8/7/2019 269698_633935449039692500

9/21

8/7/2019 269698_633935449039692500

10/21

28

18

1122

20

1

IOCHPESSARONGCRELIANCEOTHERS

8/7/2019 269698_633935449039692500

11/21

IOC

HP

ESSAR

ONGC

BHARAT

0100000 200000 300000 400000

30 12 3.99

12 4934.83

38106.35

64003.99

1340 3.43

IOCHPESSARONGCBHARAT PE TROLEUM

8/7/2019 269698_633935449039692500

12/21

IOC

P

ESSAR

ONGC

B ARAT P ETROLEUM

0 5000100001500020000

15564.7 1

816.83

747. 1

9578. 96

2528.77

IOC

P

ESSAR

ONGC

B ARATPETROLEUM

8/7/2019 269698_633935449039692500

13/21

IOC

HP

ESSAR

ONGC

RELIANCE

010000 20000 30000 40000 50000

34158

112 45

24000

31000

43000

IOCHPESSARONGCRELIANCE

8/7/2019 269698_633935449039692500

14/21

8/7/2019 269698_633935449039692500

15/21

8/7/2019 269698_633935449039692500

16/21

8/7/2019 269698_633935449039692500

17/21

8/7/2019 269698_633935449039692500

18/21

` http:// business .mapsofindia .com/india -petroleum -industr y/future -of -indian -petroleum .html

8/7/2019 269698_633935449039692500

19/21

Advantages

T he petroleum industry in India is one of the harbingers of huge economic growth.

Petroleum industry has come up as amass employer.

Demand for petroleum is growing inleaps and bounds.

T he contribution of this industry towardsthe economic growth of the country isenormous.

T he oil industry has been a source of much advanced technology and manynew products that have changed our livesfor the better .

Di sadvantages

Petroleum Industry always need to performexploration research all over the world for findingmore petroleum sites which also becomeinstrumental in the setting up PetroleumIndustry.

Price and availability of crude oil and gas asfeedstock are critical factors.

A large percentage of people do not want tomove geographic locations, so employment ismajor issue during relocation.

Petroleum is basically a non-renewable form of fuel which is subject to extinction from the worldafter a certain point of time.

Extensive study as well as research is requiredwith changing conditions .

8/7/2019 269698_633935449039692500

20/21

Th ankTh ank youyou

8/7/2019 269698_633935449039692500

21/21