Capt Dr. Bipin Arya, Founder & CEO, Purefuel Energy
India is the third-largest importer of crude oil, importing over 85 percent of the petroleum it processes. Currently in India, the Covid-19 outbreak and the ongoing war have increased the price of oil and gas, and the government is concerned about the forthcoming consequences. Furthermore, recent research by the Council for Energy, Environment, and Water (CEEW) identified several daunting obstacles to India's transition from a fossil fuel based economy to one based on renewable energy. To begin, there is the technological, administrative, and regulatory capability necessary to handle this transformative change. Then there is the big financial limitation, as the change will need large scale, high risk, long term investments. Also, there is little budgetary flexibility for large scale governmental investment in renewable energy, while private sector investment in renewable energy is only getting started. To address all of these limitations and to herald the next great revolution in the Indian biodiesel industry, Dr. Capt Bipin Arya founded PureFuel Energy.
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Top 10 Leaders in Oil & Gas - 2022
Ranked amongst India’s core eight industries, the Oil and Gas (O&G) industry is a global powerhouse that’s recognized to lay an upper hand on the energy market, thus influencing the global economic progress. Further, the world's reliance on Oil and Gas is increasing as global economies and infrastructure continue to depend extensively on petroleum-based products. And, with increased consumption of oil, as the economy grows, so does the demand for oil. Undoubtedly, known to all COVID-19 pandemic negatively affected the market. But, recently post COVID, an additional factor that has hit hard to this growing demand, disrupting the demand has been the stoking of supplies due to geopolitical tensions between Russia and Ukraine and in the Middle East. However, there is something quite unrestricting about this industry, even amidst a weakened global economy and the shrinking availability of oil, it continues to grow and wield incredible influence in international industries and business domains, especially in consideration of employment levels in the sector.
According to the reports, the Indian Oil and Gas market is expected to register a CAGR of more than three percent during the forecast period 2022-2027. To encash this opportunity there are many midstream companies helping along, the entire curating and refining processes.
In this issue of the CEO Insights magazine, a list of Top 10 Leaders in Oil & Gas – 2022, crafted by a team of industry veterans, CEOs and VCs and the CEO Insights magazine editorial board, informs the readers about the different roles of the leaders and their inspiring stories.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Dhanpat Nahata, General Partner (Strategy and Risk) | Essar Oil and Gas | He brings over 20 years of experience in the field of M&A and transactions, and leads all the M&A structuring on complex transactions globally for the firm as a part of the Management Committee | |
Dr. Capt Bipin Arya, Founder & CEO | Purefuel Energy | He established the company intending to reduce India's reliance on fossil fuels through the use of cutting-edge renewable and technologically advanced fuels | |
Gautam Malhotra, MD | FuelBuddy | Hols an MBA from Manchester Business School, and with strong orientation towards Investment Strategy, M&A, Strategy & Corporate Finance, he is currently leading as a Strategic Advisor to the firm & a couple of other companies | |
Gajanan Nabar, CEO | NovaAir Technologies | NovaAir Technologies is a new start-up founded by industrial gas professionals and completely backed by private equity firm PAG. | |
Mukesh D. Ambani, Chairman & MD | Reliance Petroleum | An Indian business magnate, chairman, managing director, in a group of companies of this firm and the largest shareholder of the Industry | |
Pankaj Kumar Goswami, Director (Operations) | Oil India | He hold a BE in Mechanical Engineering from Assam Engineering College, Guwahati, and also have an advanced PG Diploma in Maintanance Management and brings more than 30 years of experience in the Oil & Gas field | |
Rahul Gupta, CEO | WellRx Technologies | Possesses 20 years of industry expertise exposed in different fields like Oil & Gas, Refinery, Chemical, Petrochemical, Fertilizer & Power Generation for Filtration & Separation systems | |
Rakesh Patil, CEO | FIL SEP Equipments | Possesses 20 years of industry expertise exposed in different fields like Oil & Gas, Refinery, Chemical, Petrochemical, Fertilizer & Power Generation for Filtration & Separation systems | |
Shanavaz K. E, Joint MD | PeeKay Steel Castings | Has been a part of the firm for over two decades and has contributed significantly to the company's diversification into many other fields | |
Manoj Jain, Chairman & MD | GAIL (India) | A Mechanical Engineering Graduate and MBA in Operations Management, possesses rich and diverse experience encompassing more than 34 years with the firm. in the areas of Business Development, Projects, O&M, and Petrochemicals |
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