Confidence Petroleum India Ltd is an oil and gas exploration and production company with a focus on the Indian market. The company has a portfolio of assets in the onshore and offshore areas of India. The company is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Confidence Petroleum India Ltd was incorporated in 1985 and is headquartered in Mumbai, India. The company is engaged in the business of oil and gas exploration and production. The company has a portfolio of assets in the onshore and offshore areas of India. The company’s onshore assets are located in the states of Assam, Gujarat and Rajasthan. The company’s offshore assets are located in the Bay of Bengal and the Arabian Sea. The company has a total of eight blocks, of which four are onshore and four are offshore. The company is also engaged in the business of crude oil refining and marketing of petroleum products. The company has a refinery in Gujarat with a capacity of 60,000 barrels per day. The company’s products include petrol, diesel, kerosene, LPG and lubricants. The company has a network of over 1,000 petrol pumps and over 500 LPG distributors. The company also has a marketing tie-up with Indian Oil Corporation for the sale of petrol and diesel. The company has a workforce of over 2,000 employees. The company’s business strategy is to focus on the exploration and production of oil and gas in India. The company is planning to expand its refinery capacity to 100,000 barrels per day in the next five years. The company is also planning to expand its retail network to 2,000 petrol pumps in the next five years. The company’s website is www.confidencepetroleum.com.