Indian Oil Corporation – a Government of India enterprise, an India based Oil and Natural gas produce and marketing company.
IOC (Indian Oil Corporation) was formed in 1964 as the result of merger of Indian Oil Company Ltd.(Estd. 1959) and Indian Refineries Ltd. (Estd. 1958). Indian Oil Corporation is the 21st largest petroleum company in the world and the ace petroleum trading company among the National Oil Companies in the Asia-Pacific region. Indian Oil Corporation group of companies includes Lanka IOC Limited, Indian Oil (Mauritius)Ltd., IBP Co.Ltd., CPCL, BRPL and Indian Oil Technologies Ltd. Indian Oil Corporation has 59 innovation patents to its name and many corresponding International Patents in major countries.
IOC is a Fortune 500 company ; current rank 153 (2006).
Indian Oil Corporation has to its name a number of Awards and Accreditations like -
- Golden Peacock Eco Innovation Award-2006.
- National Rural Development Corporation Award for IndeTreat IndeSweet, High Performance additives, Nutan Wick Stove - 2005, 2002, 1981.
- SESI-Biodiesel initiatives – 2005.
- Rajiv Gandhi National Quality Award – 2005 and 1997.
- DSIR Awards for I Max FCC Catalyst Additive & INDMAX, Rail road oils, Energy Conserving Lubricants -2003-04, 2002, 1993.
- Institute of Petroleum, UK for Oilivorous-S – 2003.
- DST for INDMAX – 2003.
- Membership of Russian Academy of Natural Sciences - 1999 Indian Chemical Manufacturers Association Citation – 1996.
- United Nations WIPO Silver Medal -1996.
- United Nations World Intellectual Property Organizations Gold Medal – 1983.
Activities
IOC offers Services in areas like -
- Refineries.
- Pipelines.
- Marketing.
- R&D.
- Petrochemicals.
- Gas.
- E&P.
- Major Projects (10 in nos).
Indian Oil Corporation product portfolio includes products like -
- Fuel and Feedstocks.
- Lubes and Greases.
- Petrochemicals and Specialities .
- Liquefied Petroleum Gas / LPG.
- Motor Spirit / Gasoline.
- Superior Kerosine Oil / Kero.
- High Speed Diesel / Gas Oil.
- Aviation Turbine Fuel /Jet Kero.
Performance
Indian Oil Corporation has registered a turnover of Rs 184460.70 crore for the year ended 31st March 2007.
Organization
Indian Oil Corporation is headed by Mr. Sarthak Behuria, Chairman .
Contact Details
Registered Office:
Indian Oil Bhavan,
G-9, Ali Yavar Jung Marg,
Bandra (East), Mumbai -400 051
India
Corporate Office:
3079/ 3,
Sadiq Nagar,
J B Tito Marg,
New Delhi - 110 049
India
www.iocl.com
