India with excellent refining capacity ranks sixth in the world with public/private like Reliance, Essar, ONGC-MRPL, HPCL, BPCL, IOC etc., with five more LNG terminals and 10,000+retail outlets to be commissioned shortly.

Salary in Oil & Gas industry set to rise by large amount (Economic times 3rd Oct 2007) and huge shortage of skilled manpower in the oil and gas industry in the year 2012 (Petrofed report).

Employment Potential –
Private & public sector Oil companies.
Foreign Oil Companies
Associated Industries- Paints, dyes, Fertilizer, Pharmaceuticals etc.,
Overseas (Gulf Countries, Russia, South East Asia etc.,)
India witnessed some world-class discoveries, the Krishna, Godavari (KG) Basin on the east coast of India with estimated resource of 14tcf was the world’s biggest gas discovery of 2002.
Similarly huge Oil reserves are struck in Rajasthan also.
Indian Oil & Gas companies have gone international by picking Oil Equity abroad – Vietnam, Russia, Suddan, Myanmar, Iraq, Libya, Syria, Yeman, among other.
Indian Oil & Gas companies are leaving no stone unturned to globalize marketing operations in international markets – Sri Lanka, Mauritius are already operational. Suddan, Romania, Venezuela, Russia, Kazokhstan U.K.etc. are on the anvil.