IndianOil began operations in 1958 as Indian Oil Company Ltd. The Indian Oil Corporation was formed in 1964, with the merger of Indian Refineries Ltd. IndianOil is the highest ranked Indian company in the latest Fortune ‘Global 500’ listings, ranked at the 96th position. IndianOil’s vision is driven by a group of dynamic leaders who have made it a name to reckon with. Indian Oil Corporation Ltd. is India’s largest company by sales with a turnover of Rs. 4,73,210 crore and profit of Rs 7,019 crore for the year 2013-14. IndianOil is not only the largest commercial enterprise in the country it is the flagship corporate of the Indian Nation. Besides having a dominant market share, IndianOil is widely recognized as India’s dominant energy brand and customers perceive IndianOil as a reliable symbol for high quality products and services. Benchmarking Quality, Quantity and Service to world-class standards is a philosophy that IndianOil adheres to so as to ensure that customers get a truly global experience in India.
IOCL’s template of XtraCare(Urban), Swagat(Highway) and Kisan Seva Kendras(Rural) are widely recognized as pioneering brands in the petroleum retail segment. IndianOil’s leadership extends to its energy brands – Indane LPG, SERVO Lubricants, Autogas LPG, XtraPremium Branded Petrol, XtraMile Branded Diesel, XtraPower Fleet Card, IndianOil Aviation and XtraRewards cash customer loyalty programme
At Indian Oil, operations are strategically structured along Business Verticals – Refineries, Pipelines, Marketing, R&D Centre and Business Development – E&P, Petrochemicals and Natural Gas.
IOCL has various refineries across India viz Digboi Refinery (India’s oldest refinery) with capacity 0.65 MMTPA, Guwahati Refinery with capacity 1 MMTPA, Barauni Refinery with current capacity of 6 MMTPA, Gujarat Refinery processing 13.7 MMTPA, Haldia Refinery with capacity of 7.5 MMTPA, Mathura Refinery with 8.8 MMTPA, Panipat Refinery with capacity 12 MMTPA., Paradip Refinery. IndianOil has been lending its expertise for nearly two decades to various countries in several areas of refining, marketing, transportation, training and R&D. It has joint ventures with IndianOil (Mauritius( Ltd, Lanka IOC PLC, IOC Middle East PZE etc..
IndianOil has a sprawling world-class R&D Centre in Faridabad that plays a key role in supporting the business interests of the Corporation by developing economical, environmentally and socially responsible technology solutions
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