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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

Indian Oil and NDMC signed MoU

New Delhi: Indian Oil Corporation Limited the largest commercial oil company in the country signed MoU with North Delhi Municipal Corporation for the development of integrated waste-to-energy facilities at NDMC’s landfill site at Ranikhera in Narela, New Delhi. The MoU was signed in the p
Posted Date :  19-01-21

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SAKSHAM 2021 Launched at IndianOil Refineries Headquarters

New Delhi: SAKSHAM 2021(Sanrakshan Kshamta Mahotsava); the Oil & Gas conservation mass awareness campaign took-off at Refineries headquarters of Indian Oil Corporation Limited, with full enthusiasm. Mr. Suresh Chopra ED I/C Projects did the inauguration of the month-long program (16th January-15
Posted Date :  16-01-21

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IndianOil signed MoU with Phinergy

New Delhi: Indian Oil Corporation Ltd. and Phinergy signed an MoU to collaborate in new clean energy technologies during the visit of Hon. PM Shri Narendra Modi to Israel in July 2017, and this e-mobility product developed for Mahindra Electric, is a result of the ongoing implementation of the MoU s
Posted Date :  14-01-21

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IndianOil Celebrates Customer’s Day

New Delhi: Reiterates commitment to provide better energy solutions to the rapidly evolving customer requirements  Mumbai, January 9: India’s premier oil and gas marketing company, IndianOil celebrated January 9 as IndianOil Customers Day, thanking its valuable customers whose patronage
Posted Date :  09-01-21

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IndianOil's Super Critical Equipment MEG project

Odisha: IndianOil’s MEG Project in Paradip is set to improve the petrochemical integration index while significantly adding to India’s self-reliance and contributing to the development of the eastern parts of the nation- Chairman of IndianOil said. Indian Oil Corporation Limited (IOCL
Posted Date :  05-01-21

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IndianOil-AGPL investing Rs 4500 crores in CGD projects

New Delhi: IndianOil-Adani Gas Pvt. Ltd. (IOAGPL), a joint venture company of Indian Oil Corporation Limited (IOC) – a Maharatna Company of Government of India and Adani Gas Ltd. (AGL), a leading city gas distribution company and part of Adani Group will be investing more than Rs 4,500 crore i
Posted Date :  29-12-20

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IndianOil wins SCALE award 2020

New Delhi: Indian Oil Corporation Limited, an Indian public sector oil, and gas company win the Supply Chain and Logistics Excellence (SCALE) 2020 award. It is the largest commercial oil company in the country, ranked 1st in Fortune India 500 list for the year 2016 and 117th in the Fortune Global
Posted Date :  14-12-20

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IndianOil gives a brand identity to its 5 kg free trade cylinder

New Delhi: IndianOil christened its 5 kg free trade LPG (FTL), Chhotu, and launched it in New Delhi today. In a small virtual ceremony, Mr. SM Vaidya, Chairman, IndianOil; along with Mr. Gurmeet Singh, Director (Marketing), IndianOil launched the newly christened Chhotu 5 kg cylinders, which have
Posted Date :  11-12-20

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Indian Oil signed MoU with MoPNG for upcoming CBG Plants

New Delhi: Indian Oil R&D Centre has developed robust technology on Bio-methanation and has signed MoU with the Ministry of Petroleum and Natural Gas, Government of India as a technology provider for the upcoming CBG Plants.   Production of CBG would increase the green energ
Posted Date :  20-11-20

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IndianOil says Tree Cheers for a green festive season

Mumbai: In a bid to promote environment protection, Indian Oil Corporation has launched a unique initiative - #TreeCheers. Under this initiative, the Corporation will plant a sapling on behalf of patrons who refuel their new vehicles from IndianOil petrol pumps between the period 12th – 16t
Posted Date :  12-11-20

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