Oil India Limited Wins FIPI Award 2025

Oil India Limited has been honoured with the FIPI Award 2025 for ‘Oil & Gas Production Company of the Year’ (more than 1 MTOE). The award recognises the company’s strong performance and contribution to India’s energy security.

Federation of Indian Petroleum Industry (FIPI) presented the award during India Energy Week held in Goa. The award ceremony was attended by Union Minister for Petroleum and Natural Gas Hardeep Singh Puri and Dr Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas.

Dr Ranjit Rath, Chairman and Managing Director of Oil India Limited, received the award on behalf of the company. Senior officials including Director (Finance) and Director (Operations) were also present at the event.

Why the Award Was Given

Oil India Limited has shown strong growth in oil and gas production. The company has:

• Expanded exploration activities
• Improved recovery from mature oil fields
• Adopted advanced technology
• Increased operational efficiency

These efforts support India’s goal of energy security and reducing crude oil imports.

Role of Oil India Limited

Oil India Limited is a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas. It has a strong presence in the Northeast region of India and is expanding operations in other parts of the country.

The award highlights OIL’s role in:

• Increasing domestic production
• Strengthening energy infrastructure
• Supporting India’s self-reliance mission

This recognition reinforces OIL’s contribution toward building a secure and sustainable energy future for India.

MCQs

Q1. Oil India Limited received the FIPI Award 2025 in which category?
(a) Best Refining Company
(b) Oil & Gas Production Company of the Year
(c) Renewable Energy Company of the Year
(d) Best PSU of the Year
(e) Energy Innovator Award

Q2. The FIPI Award was presented during which event?
(a) India Energy Week
(b) G20 Energy Summit
(c) World Petroleum Congress
(d) Vibrant Gujarat Summit
(e) International Solar Alliance Meet

Q3. Oil India Limited operates under which ministry?
(a) Ministry of Power
(b) Ministry of Finance
(c) Ministry of Petroleum and Natural Gas
(d) Ministry of Heavy Industries
(e) Ministry of Commerce

Q4. Oil India Limited holds which status among CPSEs?
(a) Navratna
(b) Miniratna
(c) Maharatna
(d) Schedule C PSU
(e) Strategic PSU