Overview

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

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

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

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

IndianOil teams up with SBI to launch a power-packed co-branded RuPay debit card

Mumbai: Raising the bar with newer offerings for the customers in the New Year, India’s largest fuel retailer, IndianOil, has now teamed up with State Bank of India (SBI) India’s largest bank, to launch the IndianOil – SBI co-branded RuPay Debit Card. The IndianOil – SBI c
Posted Date : 07-01-21

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

IndianOil provides complete energy solution to 40th Indian Scientific Expedition to Antarctica

Goa: The country’s major fuel supplier, Indian Oil Corporation Ltd. has supplied Jet A1 fuel, lubes and Marine Gas Oil (MGO) as a bouquet offering for the prestigious 40th Indian Scientific Expedition to Antarctica (ISEA) mission. The unique feature of this supply is that the aviation fuel Jet
Posted Date : 04-01-21

Shri Dharmendra Singh Pradhan launched missed call facility for LPG consumers

New Delhi: Hon’ble Minister of Petroleum & Natural Gas and Steel, Shri Dharmendra Pradhan, in a step towards improving ease of living, launched from Bhubaneswar, the facility of LPG refilling and new connection registration by giving a single missed call. IndianOil’s Indane LPG custo
Posted Date : 01-01-21

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

IndianOil Pioneers India's Hydrogen Economy Efforts To procure 15 PEM fuel cell buses for the Delhi-NCR region

New Delhi: To give a fillip to India’s push to usher in hydrogen-based mobility solutions ecosystem, IndianOil, the country’s largest refiner and fuel retailer is inviting bids to procure 15 Polymer Electrolyte Membrane (PEM) fuel cell buses. This project is the first-ever attempt in
Posted Date : 23-12-20

Shri Dharmendra Pradhan inaugurates state-of-the-art lube blending plant of IndianOil

Kolkata: Shri Dharmendra Pradhan, Honourable Minister of Petroleum & Natural Gas and Steel, inaugurated New Lube Blending Plant at Kolkata today, in the presence of IndianOil Chairman Shri Shrikant Madhav Vaidya. This new plant is a step towards making India self-reliant in its lubricant
Posted Date : 19-12-20

IOC chairman Shri S M Vaidya conferred with CEPM Honorary Fellowship

New Delhi: IndianOil Chairman, Shrikant Madhav Vaidya, has been conferred with the Honorary Fellowship by the Centre for Excellence in Project Management. It is in recognition of his "significant contributions in balancing the smooth supply of products, eco-friendly business operations &
Posted Date : 17-12-20

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

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

An indigenous Creation by IndianOil-Octane100 the world-class premium-grade Petrol

New Delhi: In a move that can be a potential game-changer in the petroleum fuel retail market in India, IndianOil has launched world-class premium grade Petrol (Octane 100) in the country today. Branded as XP100, the premium grade petrol was launched across ten cities by Shri Dharmendra Pradhan,
Posted Date : 01-12-20

Indian oil Chairman Shri SM Vaidya taken charge as VP of the World LPG Association

New Delhi: Shri SM Vaidya is appointed as the Vice President of the World LPG Association (WLPGA), The World LPG Association (WLPGA) is the authoritative voice of the global LPG industry representing the full LPG value chain. Shri SM Vaidya currently is the Chairman of Indian
Posted Date : 27-11-20

IndianOil successfully tests innovative Zero-Emission Electric Mobility technology

New Delhi: In a bid to promote electric mobility in the country, Indian Oil Corporation Ltd. has successfully conducted a “Proof of Concept” feasibility study on “Zero-Emission Electric Mobility” at one of its fuel stations in Bengaluru. Zero-Emission
Posted Date : 20-11-20

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

Indian Oil built more than 8100 toilets takes pledge on World Toilet Day

New Delhi: In line with our Hon’ble PM’s vision to ensure clean sanitation facilities for all, Indian Oil has built more than 8100 toilets between FY 2014-15 to 2019-20. This World Toilet Day, let us pledge to provide sustainable sanitation solutions to marginalised communities.
Posted Date : 19-11-20

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