Non-profit organisation to promote interest of petroleum industry in line with Public / National Policies, through self-regulatory environment.

To work for global competitiveness of the petroleum industry.

To Represent and Project views of petroleum industry to the Government, Regulatory Agencies and Public.

To promote interest of member organisations and all nodal players of the oil industry.

To optimize resources and integration of efforts.

To coordinate for demand forecasting, supply plan, market & economic research etc.

To promote Safety, Healthy Environment and Energy conservation.

To coordinate with oil marketing companies for ensuring compliance of "Good Business Practices".

To provide a forum for deliberating issues of common interest to industry members.

To provide an interface between the industry and the government for resolution of common issues / problems.

To keep database for upstream / downstream sectors.

To represent the petroleum industry on Govt. bodies, committees and task force.

To organise Seminars, Conferences, Training programmes, lectures and publication of Technical papers & newsletters.

Area of operation - India, EEZ & Continental shelf.

To facilitate evolution of policies and regulations and their implementations as an interface between the industry and the Government.

To coordinate between Indian Petroleum Industry and International organisations.

To support efforts / means for social welfare and service.