Oil India Ltd

Common Name
Oil India
Country
India
Sector
Energy
Industry
Oil & Gas Integrated
Employees
6,492
Ticker
OIL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Oil Country Tubular Ltd. is a key player in the manufacturing and supply of high-quality oilfield equipment. These products primarily include casing pipes, tubing, and drilling products which are esse...

Oil India's GHG Emissions Data Preview

In 2024, Oil India completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Oil India has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Oil India’s Greenhouse Gas (GHG) Emissions Data

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a. Oil India's ESG Report 2024
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Insights into Oil India's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Oil India amounted to 1,449,566 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Oil India decreased by 1.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Oil India's Scope 1 Emissions Over Time

20212022202320240400 k800 k1.2 M1.6 MtCO2e-9%+6%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Oil India's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Oil India were 1,422,793 metric tons of CO₂ equivalent (tCO₂e). a

Has Oil India reduced its Scope 1 emissions over time?

Since 2021, Oil India's Scope 1 emissions have decreased by 5.72%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Oil India's Scope 1 emissions decreased by 2.62%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Oil India's Scope 2 emissions?

In 2024, Oil India reported Scope 2 greenhouse gas (GHG) emissions of 26,773 tCO₂e using the market-based method and 26,773 tCO₂e using the location-based method. a

Has Oil India reduced its Scope 2 emissions over time?

Since 2021, Oil India's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.96%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Oil India's Scope 2 emissions (Location-Based) rose by 65.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Oil India use for Scope 2 reporting?

In 2024, Oil India reported its Scope 2 emissions using the market-based method and using the location-based method. a

Oil India's Scope 2 Emissions Over Time

202120222023202408 k16 k24 k32 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Oil India’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Oil India reported Scope 1 greenhouse gas (GHG) emissions of 1,422,793 tCO₂e and total revenues of USD 3,893 millions. This translates into an emissions intensity of 365.46 tCO₂e per millions USD. a

Oil India's Scope 1 Emissions Intensity Compared to Peers

100,0001,000,00010,000,000100,000,0001,000,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0002,000,000Revenues (Millions of USD)CHELLENiQ ENERGY HoldingsYear: 2023Scope 1: 3,825,000 tCO2eRevenue: $M 14,171Scope 1 Intensity: 269.92 tCO2e/$MNK LukoilYear: 2022Scope 1: 41,202,000 tCO2eRevenue: $M 41,116Scope 1 Intensity: 1,002.08 tCO2e/$MShellYear: 2024Scope 1: 50,000,000 tCO2eRevenue: $M 209,933Scope 1 Intensity: 238.17 tCO2e/$MExxon MobilYear: 2024Scope 1: 91,000,000 tCO2eRevenue: $M 339,247Scope 1 Intensity: 268.24 tCO2e/$MBPYear: 2024Scope 1: 32,800,000 tCO2eRevenue: $M 139,575Scope 1 Intensity: 235.00 tCO2e/$MSuncor EnergyYear: 2022Scope 1: 33,520,000 tCO2eRevenue: $M 46,479Scope 1 Intensity: 721.19 tCO2e/$MPTTYear: 2023Scope 1: 40,730,000 tCO2eRevenue: $M 91,332Scope 1 Intensity: 445.96 tCO2e/$MTatneft' Imeni V.D. ShashinaYear: 2021Scope 1: 7,720,000 tCO2eRevenue: $M 16,866Scope 1 Intensity: 457.72 tCO2e/$MGazpromYear: 2022Scope 1: 213,530,000 tCO2eRevenue: $M 167,009Scope 1 Intensity: 1,278.55 tCO2e/$MNational Fuel GasYear: 2023Scope 1: 1,590,047 tCO2eRevenue: $M 2,174Scope 1 Intensity: 731.47 tCO2e/$MGalp EnergiaYear: 2023Scope 1: 2,991,742 tCO2eRevenue: $M 22,986Scope 1 Intensity: 130.15 tCO2e/$MChevronYear: 2024Scope 1: 53,000,000 tCO2eRevenue: $M 193,414Scope 1 Intensity: 274.02 tCO2e/$MNeftyanaya Kompaniya RosneftYear: 2021Scope 1: 54,200,000 tCO2eRevenue: $M 109,431Scope 1 Intensity: 495.29 tCO2e/$MPetrobrasYear: 2023Scope 1: 45,800,000 tCO2eRevenue: $M 102,409Scope 1 Intensity: 447.23 tCO2e/$MPetroChinaYear: 2023Scope 1: 124,660,000 tCO2eRevenue: $M 423,668Scope 1 Intensity: 294.24 tCO2e/$MEdisonYear: 2023Scope 1: 6,309,652 tCO2eRevenue: $M 20,405Scope 1 Intensity: 309.22 tCO2e/$MCCCosmo Energy HoldingsYear: 2023Scope 1: 6,886,000 tCO2eRevenue: $M 20,960Scope 1 Intensity: 328.53 tCO2e/$MEquinorYear: 2023Scope 1: 11,500,000 tCO2eRevenue: $M 106,848Scope 1 Intensity: 107.63 tCO2e/$MImperial OilYear: 2022Scope 1: 23,200,000 tCO2eRevenue: $M 42,287Scope 1 Intensity: 548.63 tCO2e/$MPetronas GasYear: 2023Scope 1: 5,859,402 tCO2eRevenue: $M 1,403Scope 1 Intensity: 4,177.22 tCO2e/$MOil IndiaYear: 2024Scope 1: 1,422,793 tCO2eRevenue: $M 3,893Scope 1 Intensity: 365.46 tCO2e/$M

How does Oil India's GHG emissions intensity compare to its peers?

In 2024, Oil India reported a Scope 1 emissions intensity of 365.46 tCO₂e per millions USD. Compared to the peer group median of 387.24, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Oil India rank on GHG emissions intensity within its industry?

In 2024, Oil India ranked 11 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Oil India is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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