The Dutch East India company ( VOC) did plenty of conquering themselves in present day Indonesia and the Caribbean. And in a more indirect way ( funding rebels, lobbying their government to intervene), so did the United Fruit Company in Central America.
India wasn't really a country, more akin to the various Italian or German ( if we exclude the whole HRE thing) states pre-unification than a country - a bunch of independent-ish entities ruled by princes that were often in alliance or war with each other, and differed somewhat from each other culturally/language-wise/etc. but had plenty of common ground.
I'd also like to add that oil and gas are not going to fade away anytime soon as we shift towards "clean energy". There are a lot of petrochemical products that are are manufactured from the oil we drill.