India's Hydrocarbon Outlook – 2022-2023

30 DGH: 3 DECADES OF UNLOCKING INDIA'S HYDROCARBON POTENTIAL 1867 • Struck Oil in Jeypore Assam • Assam Railway Trading Company set up to explore oil 1882 1890 • First Commercial Discovery at Digboi, Assam Assam Oil syndicate set up a refinery at Margherita, Assam 1891 1895 • Assam Oil Company to take over petroleum interest from Assam Oil Syndicate 1901 • First Oil Refinery Set up at Digboi, Assam • Burmah Oil Company bought shares from ARTC, and appointed commercial and technical managers from AOC 1922 KEY MILESTONES OF INDIAN E&P SECTOR