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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

IndianOil Biomethanation plant at inaugurated Faridabad

NEW DELHI. Mr. Dharmendra Pradhan, Union Minister of Petroleum & Natural Gas and Minister of Steel, inaugurated IndianOil’s Biomethanation plant at Faridabad in the presence of Mr. Vipul Goel, Minister of Industries & Commerce, Ministry of Environment, Skill Development & Industrial Training, G
Posted Date :  16-09-19

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OIL Executive Secures Prestigious Scholarship

New Delhi: Mr. Krishan G Insan (Manager - Finance), Oil India Limited has been selected for the Prestigious Chevening Scholarship offered  by Foreign and Commonwealth Office, London UK. The final list of candidates of this award is made after a rigorous selection procedure followed uniformly
Posted Date :  16-09-19

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IndianOil Refineries HQs launch Earth Worth Fighting 4

New Delhi: Mr. V K Shukla, Executive Director(HR), Refineries Headquarters, IndianOil, launched Earth Worth Fighting 4 for urging the IOCians to share their individual contribution against single-use plastic. Launched on the inaugural day of Swachhta Hi Sewa Campaign-2019 in  New Delhi, Mr. Shuk
Posted Date :  11-09-19

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IOC Pilot Testing study of solar indoor cooking system at Leh

NEW DELHI. Dr. SSV Ramakumar, Dir(R&D) flagged off the pilot testing study of solar indoor cooking system at Leh today. IndianOil is the 1st OMC in India to develop a low cost indoor solar cooking solution for lower strata of the society in line with the vision of Hon’ble Prime Minister of Indi
Posted Date :  09-09-19

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Indian Oil free Eye check up camps benefits nearly 300 persons

New Delhi. Mr. V K Shukla, Executive Director, Refineries Headquarters, IndianOil, inaugurated the free eye check-up camps organised for the contract workers like house helps, drivers, maintenance workers, security guards, etc. at the Divisional Headquarters and in IOC Residential Colony, Noida,
Posted Date :  06-09-19

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IndianOil Lead Talks

NEW DELHI. Mr. Sanjiv Singh, Chairman, IndianOil and Mr. Ranjan Kumar Mohapatra, Director(HR), IndianOil, welcome Mr. RC Bhargava, Chairman, Maruti Suzuki, to the 3rd edition of IndianOilLeadTalks, inviting Mr. Bhargava to share his thoughts on the transforming transportation industry of India.
Posted Date :  06-09-19

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Sushil Chandra Mishra Appointed as New CMD Oil India

NEW DELHI. The Appointments Committee of Cabinet (ACC) has approved a proposal to appoint Sushil Chandra Mishra as the Chairman and Managing Director of Oil India Ltd. The proposal was moved by the Ministry of Petroleum and Natural Gas and Mishra is currently an Executive Director at OIL. 
Posted Date :  04-09-19

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IndianOil day celebrations at Refineries Headquarters

New Delhi. Shri SM Vaidya, Executive Director (Operations), Refineries Headquarters, IndianOil, led the 60th IndianOil Day celebrations at the Refineries HQs. Shri Vaidya in his address urged the team to make a firm resolve on the momentous occasion for the timely completion of BS VI projects, ke
Posted Date :  03-09-19

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Chairmans Trophy for Swachhta

NEW DELHI. IOC Chairman's Trophy for Swachhta were handed over in two categories. Best Swachh Water Body Award was won by IndianOil's Guwahati Refinery and the runner-up trophy was won by Delhi State Office.  
Posted Date :  02-09-19

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Indian Oil Corporation wins Munjal Awards for Business Excellence

NEW DELHI: IndianOil adjudged as Runners up in Sustained Excellence category at the annual BML Munjal Awards for 'Business Excellence' through Learning and Development'. IndianOil has received the award in recognition of successfully creating and implementing innovative strategies for
Posted Date :  23-08-19

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IndianOil family celebrates Independence Day with patriotic fervor

New Delhi. “It is an honour for IndianOil to serve the nation and fuelling the socio-economic development of the country.” Mr. Akshay Kumar Singh, IndianOil’s Director (Pipelines) shared this while addressing IOC family members during the 73rd Independence Day celebrations at IndianOil Naga
Posted Date :  16-08-19

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