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Company Snapshot
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Indian Oil Corporation Limited, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products in India. It also involves in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals.
The company’s products include liquefied petroleum gas, natural gas, petrol/gasoline, diesel/gas oil, aviation turbine fuel/jet fuel, lubricants and greases, marine fuels, kerosene, bulk/industrial fuels, bitumen, petrochemicals, and crude oil.
It also offers special products, such as carbon black feed stock, raw petroleum coke, sulphur, paraffin wax, jute batching oil, micro crystalline wax, mineral turpentine oil, LABFS, toluene, propylene, benzene, and petcoke.
The company operates approximately 10 refineries; a network of 10,899 kilometers crude oil, product, and gas pipelines; and 19,463 petrol and diesel stations, including 3517 Kisan Seva Kendras in the rural markets.
Indian Oil Corporation’s exploration and production portfolio comprises 11 oil and gas blocks and 2 coal bed methane blocks in India; and 10 blocks in Libya, Iran, Gabon, Nigeria, Timor-Leste, and Yemen.
In addition, it involves in the sale of imported crude oil; explosives and cryogenic businesses; wind mill power generation activities; lube blending and marketing of petroleum products; and plantation of Jatropha and extraction of oil for bio-diesels. The company also exports its products to 20 countries in 6 continents.
It serves consumer, industrial, agricultural, marine, and defense sectors, as well as private airlines. The company was founded in 1958 and is based in New Delhi, India.
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