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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

IOC Awarded India Best Workplaces in Manufacturing 2020 Award

NEW DELHI. In an illustrious ceremony that took place in Mumbai, IndianOil added another feather in its cap by being awarded among '30 Best Manufacturing Industries' by the Great Places To Work Institute. The event was attended by renowned industry experts and academicians and saw IndianO
Posted Date :  20-02-20

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Dr Pawan Agrawal Addressed IOCians

New Delhi: Founder & President of Kamalabai Educational and Charitable Trust, Mumbai, and renowned international motivational speaker, author and educationist, Dr. Pawan Agrawal, addressed IOCians in an inspiring session on ‘Leadership in Action - Excellence in Supply Chain’, held at IndianOi
Posted Date :  13-02-20

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Former IOC And BPCL Chairman Sarthak Behuria Joins RIL

Mumbai: Former IndianOil and BPCL Chairman Sarthak Behuria has joined Reliance Industries Limited (RIL) as senior advisor. Behuria will provide strategic direction and leadership to the new Reliance and BP joint venture focused on fuel retail business in addition to working closely with the Relia
Posted Date :  13-02-20

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IOC signed Mou with R and D Centre and ALIMCO

New Delhi: IOCL (R&D) Centre signed MOU for Rs. 81 lakhs  with ALIMCO .ALIMCO is a Miniratna CPSE, registered under Section 8 of the Companies Act,2013, working under the aegis  of Department  of Disabilities, Ministry  of Social Justice & Empowerment ,Govt. of India. Mr. Shailendra Kumar
Posted Date :  06-02-20

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IndianOil third quarter net profit jumps threefold to Rs 2339 cr

NEW DELHI. Indian Oil Corporation (IOC) posted a 315 percent jump in its third quarter standalone net profit on the back of better operating income. The company's Q3FY20 standalone net profit stood at Rs 2,339 crore against Rs 563.4 crore in the previous quarter.   Revenue was up 11.
Posted Date :  31-01-20

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Indian Oil ranked one of worlds most valuable brands

NEW DELHI. Indian Oil has entered the coveted list of the Global 500 list of the world’s most valuable and strongest brands across sectors for the year 2020. The list was released at the World Economic Forum in Davos by Brand Finance, the world’s leading independent brand valuation consultanc
Posted Date :  30-01-20

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IndianOil Vidushi Centres

NEW DELHI. Felicitating girl students from IndianOil Vidushi Centres on the occasion of Republic Day, Chairman, IndianOil, said, IndianOil Vidushi programme provides access to quality coaching for girls from underprivileged families & helps fulfill their aspirations to become engineers."
Posted Date :  27-01-20

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Dr M M Kutty visited the IndianOil and EIL

Bangalore: Dr. MM Kutty, Secretary, Petroleum & Natural gas, Government of India, visited the IndianOil and EIL joint pavilion on the sidelines of the 24th Refining & Petrochemicals Technology meet at Bangalore on January 19, 2020. Dr Anil Kakodkar, Chairman, Scientific Advisory Committee on Hydr
Posted Date :  20-01-20

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Shri S M Vaidya Director IOC Inaugurated Saksham 2020

New Delhi: Mr. SM Vaidya, Director (Refineries), IndianOil, inaugurated Saksham-2020, the month-long awareness campaign for energy conservation at Refineries Headquarters. Addressing IOCians, he said that the awareness campaign assumes great importance in the context of India’s increasing need
Posted Date :  18-01-20

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Shri Sanjiv Singh Chairman IndianOil Flagged Off PCRA Vans

New Delhi: Dr. MM Kutty, Secretary, Ministry of Petroleum and Natural Gas, along with Mr. Sanjiv Singh, Chairman, IndianOil, flagged off PCRA vans that will move across the country, spreading the message of fuel conservation and encouraging citizens to adopt an eco-friendly way of living.
Posted Date :  16-01-20

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PCRA Conferred IndianOil With Best Overall Performance Award

New Delhi: PCRA conferred IndianOil with Best Overall Performance Award amongst Oil and Marketing Companies for displaying exemplary zeal towards spreading fuel conservation awareness throughout the country under SAKSHAM 2019 campaign. Mr. Sanjiv Singh, Chairman, IndianOil, received the award fro
Posted Date :  16-01-20

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IndianOil Wins ACES Award

Mumbai: IndianOil wins Best PSU/Corporate House for Promotion of Sports at the Sportstar ACES award; Mr. Ranjan Kumar Mohapatra, Director (HR), IndianOil, receives the award in Mumbai today.
Posted Date :  14-01-20

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Chief of materiel launches world class high flash high speed diesel

New Delhi: Vice Admiral GS Pabby, PVSM, AVSM, VSM, Chief of Materiel launches world-class High Flash High Speed Diesel (HFHSD), developed by IndianOil for Indian Navy, in the presence of Vice Admiral Sunil Anand, AVSM, NM Controller of Logistics, Dr SSV Ramakumar, Director(R&D), IndianOil and Mr.
Posted Date :  13-01-20

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IndianOil signed MoU with OIL

New Delhi: IndianOil, India’s flagship energy major and Oil India Limited (OIL), the nation’s premier E&P company, today signed an MoU for collaborating on a unique CO2-Enhanced Oil Recovery (EOR) project in Assam.   IndianOil Chairman, Mr. Sanjiv Singh, executed the agreement alongs
Posted Date :  11-01-20

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Shri Shyam Bohra Celebrated Customers Day

New Delhi: Shri S.M Vaidya, Director (Refineries), IndianOil, along with ED(RS), HO Shri. Vigyan Kumar, ED, DSO Shri Shyam Bohra celebrated Customers Day with our esteemed customers at COCO - Masjid Moth, Delhi. On this occasion, Director (Refineries) interacted with customers and asked about the
Posted Date :  09-01-20

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IOC organised UN champion of earth adv

New Delhi: IOC mobilises youth power for plastic waste segrgation activity. WR-CC called upon 8 prominent colleges of Mumbai Including IIT Mumbai and gathered more than 700 students as well as 68 employee volunteers from WR to join the plastic waste segregation activity at Versova Beach on 04.01.
Posted Date :  06-01-20

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IOCL should aim to offer complete energy solutions to the nation

New Delhi: Indian Oil Corporation Limited’s (IOCL) Director (Refineries), Shri SM Vaidya has urged IOCians not to limit themselves to fuel product but to offer reliable energy solutions across the entire fuel spectrum in the country. In a new year message to employees , Vaidya shared the recent
Posted Date :  04-01-20

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