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Encyclopedia > Indian Oil Corporation
Indian Oil Corporation Limited
Type PSU (Trading on BSE & NSE)
Founded 1964
Headquarters New Delhi, India
Key people Sarthak Behuria, Chairman
Industry Petroleum
Products Petrol, Diesel, Kerosene, LPG
Revenue Image:green up.png INR 2175.338 Billion [1]
or $53.7 Billion [2] USD (March 2007)
Employees ~36,217 (2006)
Website www.iocl.com

Indian Oil Corporation Ltd. (IOCL) was formed in 1964 through the merger of Indian Oil Company Ltd. (Estd. 1959) and Indian Refineries Ltd. (Estd. 1958). IOCL is India's largest oil company and the largest PSU company in terms of revenue. As the name suggests its interests are in Petroleum sector. It is involved in the refining and retailing of petroleum products. Image File history File links Iocl_logo. ... A Public Sector Undertaking is a corporation in the public sector in India, where management control of the company rests with the Government, it can be Central Government or the State Governments. ... The Bombay Stock Exchange The Bombay Stock Exchange Limited (Marathi:मुंबई शेयर बाजार) (formerly, The Stock Exchange, Mumbai; popularly called The Bombay Stock Exchange, or BSE) is the oldest stock exchange in Asia. ... For the National Stock Exchange in India, see National Stock Exchange of India. ... Also Nintendo emulator: 1964 (emulator). ... Image File history File links Flag_of_India. ... , This article is about the urban region that is the capital of India. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... Gasoline, as it is known in North America, or petrol, in many Commonwealth countries (sometimes also called motor spirit) is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ... This article is about the fuel. ... Kerosene or kerosine, also called paraffin oil or paraffin in British usage (not to be confused with the waxy solid also called paraffin wax or just paraffin) is a flammable hydrocarbon liquid. ... 45 kg LPG cylinders Spherical Gas Container typically found in Refineries. ... Look up revenue in Wiktionary, the free dictionary. ... Green up arrow for a positive change in revenue from last fiscal year. ... INR may stand for: International normalized ratio, a laboratory test of blood coagulation the currency code for the Indian Rupee the Institute for Nuclear Research of the Russian Academy of Sciences the US Department of States Bureau of Intelligence and Research This is a disambiguation page — a navigational... USD redirects here. ... March is the third month of the year in the Gregorian Calendar and one of seven Gregorian months with the length of 31 days. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... This article is about work. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos and other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... Year 1959 (MCMLIX) was a common year starting on Thursday (link will display full calendar) of the Gregorian calendar. ... Year 1958 (MCMLVIII) was a common year starting on Wednesday (link will display full calendar) of the Gregorian calendar. ... A Public Sector Undertaking is a corporation in the public sector in India, where management control of the company rests with the Government, it can be Central Government or the State Governments. ... Look up revenue in Wiktionary, the free dictionary. ... Pumpjack pumping an oil well near Lubbock, Texas Ignacy Łukasiewicz - inventor of the refining of kerosene from crude oil. ... Refining is the process of purification of a substance, usually used of a natural resource that is almost in a usable form, but which is more useful in its pure form. ... Drawing of a self-service store. ...

Contents

Products

  1. Petrol
  2. Diesel
  3. Lubricants
  4. LPG
  5. Auto LPG
  6. Aviation Turbine Fuel
  7. Naptha
  8. Bitumen
  9. Paraffin
  10. Kerosene
  11. Petrochemicals
  12. Mineral Turpentine oil

Gasoline, as it is known in North America, or petrol, in many Commonwealth countries (sometimes also called motor spirit) is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ... This article is about the fuel. ... A lubricant (colloquially, lube) is a substance introduced between two moving surfaces to reduce the friction and wear between them. ... 45 kg LPG cylinders Spherical Gas Container typically found in Refineries. ... Look up aviation in Wiktionary, the free dictionary. ... A Siemens steam turbine with the case opened. ... For other uses, see Fuel (disambiguation). ... Naphtha is a group of various volatile flammable liquid hydrocarbon mixtures used chiefly as solvents. ... Ewer from Iran, dated 1180-1210CE. Composed of brass worked in repoussé and inlaid with silver and bitumen. ... This article or section is in need of attention from an expert on the subject. ... Kerosene or kerosine, also called paraffin oil or paraffin in British usage (not to be confused with the waxy solid also called paraffin wax or just paraffin) is a flammable hydrocarbon liquid. ... A petrochemical is any chemical derived from fossil fuel. ... For other uses, see Mineral (disambiguation). ... For the band, see Turpentine (band). ... Synthetic motor oil An oil is any substance that is in a viscous liquid state (oily) at ambient temperatures or slightly warmer, and is both hydrophobic (immiscible with water, literally water fearing) and lipophilic (miscible with other oils, literally fat loving). This general definition includes compound classes with otherwise unrelated...

Refineries

IOCL has a number of refineries in India:


It holds controlling stake in CPCL limited which operates refinery at Chennai,etc. The total capacity is about 55.20 MMTPA. The company is having approx 44% market share in India in its business. The company is having approx 16000 petrol stations. The Haldia Refinery for processing 2. ... The introduction to this article provides insufficient context for those unfamiliar with the subject matter. ... The Refinery was set up at Digboi in 1901 by Assam Oil Company Limited. ... The Gujarat Refinery was built with Soviet assistance at a cost of Rs. ... Barauni Refinery in Eastern India was built in collaboration with the Soviet Union at a cost of Rs. ... Guwahati Refinery, the first in public sector, was set up in collaboration with Rumania (Romania) at a cost of Rs. ... The Mathura Refinery with a capacity of 6. ... Bongaigaon Refinery advances up by 4. ... A subsidiary, in business, is an entity which is controlled by another entity. ... , “Madras” redirects here. ...


International rankings

  1. Indian Oil is the highest ranked Indian company in the prestigious Fortune Global 500 listing, having moved up 18 places to the 135th position(in 2007) based on fiscal 2006 performance.
  2. It is also the 20th largest petroleum company in the world and the # 1 petroleum trading company among the National Oil Companies in the Asia-Pacific region.
  3. IOCL was featured on the Forbes Global 2000 list for 2005 at position 311

The Fortune Global 500 is a ranking of the top 500 corporations worldwide as measured by revenue. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era in the 21st century. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... The Forbes Global 2000 - is an annual ranking of the top 2000 corporations in the world by Forbes magazine. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ...

Management

Chairman

  • Mr. Sarthak Behuria

(present)


GM Regional services


Mr. M.Nageshwaran


Loyalty programs

  1. XTRAPOWER Fleet Card Program is aimed at Large Fleet Operators. Currently it has 1 million customer base.
  2. XTRAREWARDSTM is a recently launched loyalty program for retail customers where customers can earn reward points on their purchases.

Image File history File links XTRAREWARDS.gif‎ XTRAREWARDS LOGO of IOCL This is a logo of an organization, item, or event, and is protected by copyright and/or trademark. ...


See also

Strategic petroleum reserves (SPR) refer to crude oil reserves held by the government of a particular country for the purpose of providing economic and national security during an energy crisis. ...

External links

  1. www.IOCL.com
  2. IOCL on Fortune Global 500
  3. IOCL on Forbes 2000 List
  4. XTRAPOWER Fleet Card

  Results from FactBites:
 
Indian Oil Corporation - Wikipedia, the free encyclopedia (1001 words)
Indian Oil Corporation Limited or IOC is an Indian company.
The Indian Oil Corporation was established in 1959 as Indian Oil Company Limited which was merged with Indian Refineries Limited in 1964 to form IOC as it is known today.
Beginning in 1959 as Indian Oil Company Ltd., Indian Oil Corporation Ltd. was formed in 1964 with the merger of Indian Refineries Ltd. (Estd.
  More results at FactBites »


 

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