Question

Which company owns the most number of oil refineries in India?
(1 Point)
O Indian Oil Corporation, IOC
O Oil and Natural Gas Corporation, ONGC
O Bharat Petroleum Corporation Limited, BPCL
O Hindustan Petroleum Corporation Limited, HPCL​

Answer 1

BHARAT PETROLEUM CORPORATION LIMITED

BPCL

Answer 2

Oil and Natural Gas Corporation is the company which owns the most number of oil refineries in India.

Explanation:

• An oil refinery or petroleum refinery is an industrial process plant in which the petroleum is transformed and refined into useful products.
• The company refines crude oil through its subsidiary company.
• ONGC is the largest crude oil and natural gas company in India.
• It contributing around 75 percent to Indian domestic production.
• Its Market Share is of 6% in the Refining Industry.
• Companies like IOC, BPCL, and HPCL are the subsidiaries of ONGC.
• Hence, the correct answer among all the options is Oil and Natural Gas Corporation, ONGC.

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