1. Home
  2.   Psu Companies In India
  3.   Indian Oil Corporation

Indian Oil Corporation

Indian Oil Corporation Limited, commonly known as IndianOil is an Indian state owned oil and gas company with registered office at Mumbai and primarily headquartered in New Delhi.

Indian Oil Corporation Limited (IOCL), commonly known as IndianOil is an Indian state owned oil and gas company with registered office at Mumbai and primarily headquartered in New Delhi. It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore (USD 2,848 million) for the financial year 2016–17. It is ranked 1st in Fortune India 500 list for year 2016 and 168th in Fortune's ‘Global 500’ list of world's largest companies in the year 2017. As of 31 March 2017 IndianOil's employee strength is 33,135, out of which 16,545 are in the officer cadre. It is India's largest downstream oil company, with a work force of more than 33,000 employees, a turnover of Rs. 506,428 crore and a net profit of Rs. 21,346 crore in 2017-18.
IndianOil's business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals.
IndianOil has ventured into alternative energy and globalization of downstream operations. It has subsidiaries in Sri Lanka (Lanka IOC), Mauritius (IndianOil (Mauritius) Ltd) and the Middle East (IOC Middle East FZE).
In May 2018, IOC become India's most profitable state-owned company for the second consecutive year, with a record profit of Rs. 21,346 crore in 2017-18, followed by Oil and Natural Gas Corporation, whose profit stood at Rs. 19,945 crore.

Indian Oil Corporation news

IOCL organised Training Programme on Capacity Building

New Delhi: IndianOil Corporation Limited (IOCL) organised '5th Capacity Building Training Program' at New Delhi. Shri Ranjan Mohapatra, Director (HR), IOCL delivered the Valedictory Address & shared a Blue Print for moving to the next level. Nearly 50 leaders attended the programme. He ex
Posted Date :  24-05-19

Read more

IndianOil s RD Centre Crosses milestone of 1000 Patent filings

Faridabad: Indian Oil Corporation's Research & Development Centre at Faridabad has crossed a major milestone this week by filing its 1001st patent, the first among Indian oil & gas PSUs to do so.   The R&D Centre's IP (Intellectual Property) portfolio comprises 794 active patents
Posted Date :  03-05-19

Read more

46 Girls from IndianOil Vidushi Centres Clear JEE Mains

New Delhi: As part of IndianOil Vidushi, a flagship CSR project, 46 of the 56 girls who underwent coaching at IndianOil Vidushi Centres in Bhubaneswar and Noida have cleared the JEE Mains examination, the results of which were announced on Tuesday. The CSR project aims to provide specialised coac
Posted Date :  03-05-19

Read more

IndianOil NR Office observes Safety Week

New Delhi: IndianOil’s Northern Region kicked off Safety week celebrations by observing National Fire Service Day to create awareness on fire prevention, fire protection and renew employees’ commitment towards safety. The week was kick started by administering of Safety pledge by all employee
Posted Date :  22-04-19

Read more

National Fire Service Day observed at IndianOil s Refineries HQ

New Delhi: Mr. B V Rama Gopal, Director (Refineries), IndianOil, shared that the safety & security of work area is a collective responsibility, requiring each one to execute their roles efficiently & responsibly. 'Besides IOCians, it is also our commitment to continually impart safety trainin
Posted Date :  17-04-19

Read more

Employment for 394 Youths skilled by IndianOil under CSR

New Delhi: IndianOil’s Refineries Headquarters had undertaken a major drive last year to train youths from Delhi-NCT region in various training courses to support the national campaign of Skill India. As part of the sustainable project, 394 candidates who cleared the courses successfully were p
Posted Date :  26-03-19

Read more

24th IndianOil Aviation Conference held in Kolkata

Kolkata: The 24th IndianOil Aviation Conference was held in Kolkata today on 22nd February 2019. The who’s who of the aviation industry were in town to attend the conference. The conference is held to cater to the needs of IndianOil’s aviation customers. The profile of IndianOil’s aviation
Posted Date :  22-02-19

Read more

Indian Railways Joins Hands with TERI to Study Impact of bio-toilet

New Delhi: India is expected to have its High-Speed Train by 2022. Indian Railways is considering the year 2019 as the dawn of the new era of technology and customer satisfaction. Railways in India has been serving the nation now for over 150 years and now moving to the next level of its perform
Posted Date :  09-02-19

Read more

IndianOil Southern Region Pipelines Organised CSR Mega Camp

Bangalore: Indian Oil Corporation Limited, Southern Region Pipelines as a part of its Corporate Social Responsibility had organised a mega camp for distribution of aids and appliances to 867 differently abled persons in Madurai district, Tamil Nadu on 2nd February 2019 in association with ALIMCO,
Posted Date :  04-02-19

Read more

Indian Oil Celebrates 70th Republic Day

New Delhi/Noida: Shri Ranjan Kumar Mohapatra, Director (HR), IndianOil, led the IOCians in celebrating  70th Republic day with patriotic fervor and pride. He unfurled the National Flag at IndianOil Nagar, Noida, and in his address, paid homage to the freedom fighters who sacrificed their lives
Posted Date :  29-01-19

Read more

Shri BV Rama Gopal Director Refineries IOCL flags-off SAKSHAM-2019

New Delhi: Shri BV Rama Gopal, Director (Refineries), IndianOil, inaugurated ‘SAKSHAM-2019’ (Sanrakshan Kshamata Mahotsav), the month-long oil & gas conservation mass awareness campaign, at Refineries Headquarters in New Delhi on 16th December 2018. He administered the 'SAKSHAM' pledg
Posted Date :  17-01-19

Read more

IOCL Celebrats Mahatma Gandhi and World Hindi Language Day

New Delhi: A motivational lecture was organized on 'Mahatma Gandhi and Hindi Language' in IndianOil’s Refineries Headquarters on 10th January, 2019 to mark 'World Hindi Day'. Noted litterateur Dr. Prem Pal Sharma, former Joint Secretary, Ministry of Railways, Govt. of India, del
Posted Date :  12-01-19

Read more

IndianOil Celebrates Customer Day

New Delhi: The nation’s largest fuel retailer, IndianOil Corporation Limited (IOCL) dedicated the 9th of January as Customer’s Day to celebrate its valuable customers whose continued support and patronage has made the Corporation a market leader in the Oil and Gas Industry. With celebrations
Posted Date :  10-01-19

Read more

IOCL Signed MoU with TNSCERT for Providing Smart Classes in 11 Schools

Chennai: Indian Oil Corporation Limited (IOCL), Southern Region Pipelines (SRPL) inked an MoU with Tamilnadu State Council for Educational Research & Training (TNSCERT) for providing 11 Smart Classes in 11 Government schools in remote villages in Tamilnadu with a total project cost of Rs. 25.5 La
Posted Date :  24-12-18

Read more