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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, Petrochemicals
Revenue	INR 2175.338 Billion [1] or $53.7 Billion [2] USD (March 2007)
Employees	~36,217 (2006)
Slogan	Bringing Energy to Life
Website	www.iocl.com

Indian Oil Corporation is India’s largest commercial enterprise, ranking 135th on the Fortune Global 500 listing. It began operation in 1959 as Indian Oil Company Ltd. The Indian Oil Corporation was formed in 1964, with the merger of Indian Refineries Ltd. Indian Oil and its subsidiaries account for 47% share in petroleum products market, 40.4% share in refining capacity and 67% downstream sector pipelines capacity in India. The Indian Oil Group of Companies owns and operates 10 of India's 19 refineries with a combined refining capacity of 60.2 million metric tons per annum.

In addition, IndianOil's Research and Development Center (R&D) at Faridabad supports, develops and provides the necessary technology solutions to the operating divisions of the Corporation and its customers within the country and abroad.

Subsequently, IndianOil Technologies Limited - a wholly owned subsidiary, was set up in 2003, with a vision to market the technologies developed at IndianOil's Research and Development Center. It has been modeled on the R&D marketing arms of Royal Dutch Shell and British Petroleum.

Indian Oil also operates the largest and the widest network of fuel stations in the country, numbering about 16,600. It reaches Indane cooking gas to over 47.5 million households through a network of 4,990 Indane distributors.

Contents 1 Products 2 Refineries 3 Group Companies and Joint ventures 4 International rankings 5 Management 6 Loyalty programs 7 See also 8 External links

IndianOil is widely recognized as India’s dominant energy and fuel brand. It's product range covers petrol, diesel, LPG, auto LPG, aviation turbine fuel, lubricants, naptha, bitumen, paraffin, kerosene etc. Xtra Premium branded petrol, Xtra Mile high speed diesel, Servo lubricants, Indane LPG, Autogas LPG, Indian Oil Aviation are some of its prominent brands.

• Digboi Refinery, in Upper Assam, is India's oldest refinery and was commissioned in 1901. Originally a part of Assam Oil Company, it became part of IndianOil in 1981. Its original refining capacity had been 0.5 MMTPA since 1901. Modernisation project of this refinery has been completed and the refinery now has an increased capacity of 0.65 MMTPA.

• Guwahati Refinery, the first public sector refinery of the country, was built with Romanian collaboration and was inaugurated by Late Pt. Jawaharlal Nehru, the first Prime Minister of India, on 1st January 1962.Guwahati Refinery, the first public sector refinery of the country, was built with Romanian collaboration, was inaugurated by Late Pt. Jawaharlal Nehru, the first Prime Minister of India, on 1st January 1962.

• Barauni Refinery, in Bihar, was built in collaboration with Russia and Romania.It was commissioned in 1964 with a capacity of 1 MMTPA. It's capacity today is 6 MMTPA.

• Gujarat Refinery, at Koyali in Gujarat in Western India, is IndianOil’s largest refinery. The refinery was commissioned in 1965.It also houses the first hydrocracking unit of the country. It's present capacity is 13.70 MMTPA.

• Haldia Refinery is the only coastal refinery of the Corporation, situated 136 kms downstream of Kolkata in the Purba Medinipur (East Midnapore) district. It was commissioned in 1975 with a capacity of 2.5 MMTPA, which has since been increased to 5.8 MMTPA

• Mathura Refinery was commissioned in 1982 as the sixth refinery in the fold of IndianOil and with an original capacity of 6.0 MMTPA. Located strategically between the historic cities of Delhi and Agra, the capacity of Mathura refinery was increased to 7.5 MMTPA.

• Panipat Refinery is the seventh refinery of IndianOil. The original refinery with 6 MMTPA capacity was built and commissioned in 1998.Panipat Refinery has doubled its refining capacity from 6 MMT/yr to 12 MMTPA with the commissioning of its Expansion Project.

Subsidiary refineries — Bongaigaon Refinery (2.95 MMTPA), Chennai Petroleum (9.5 MMTPA)

• IndianOil Technologies Ltd : IndianOil Technologies Ltd.is the marketing arm for the entire range of technologies developed at the R&D Centre of Indian Oil Corporation Limited. This website gives an overview of the various technologies, products, quality services and solutions, developed and tested to meet or exceed customer requirements. These technologies are tailor made and meant to provide competitive advantage. IndianOil Technologies is built on the strength of its credibility proven in its sister divisions.

IndianOil Technologies Ltd. headquarters are located at IndianOil R&D Centre , Faridabad.

• IndianOil (Mauritius) Ltd.

• Lanka IOC PLC - Group company for Sri Lanka retail and storage operations which is listed on Colombo's stock exchange. It was locked into a bitter subsidy payment dispute with Sri Lanka's Government which has since been resolved.

• IOC Middle East FZE

• Chennai Petroleum Corporation Ltd.

• Bongaigoan Refinery and Petrochemicals Ltd.

• Green Gas Ltd. - joint venture with Gas Authority of India for city-wide gas distribution networks.

• Indo Cat Pvt. Ltd., with Intercat, USA, for manufacturing 15,000 tonnes per annum of FCC (fluidised catalytic cracking) catalysts & additives in India, for catering to rising global demand.

• Numerous exploration and production ventures with Oil India Ltd., Oil and Natural Gas Corporation

Indian Oil is the highest ranked Indian company in the prestigious Fortune Global 500 listing, having moved up 18 places to the 135^th position(in 2007) based on fiscal 2006 performance. 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. IOCL was featured on the Forbes Global 2000 list for 2005 at position 311

Chairman

• Mr. Sarthak Behuria

1. XTRAPOWER Fleet Card Program is aimed at Large Fleet Operators. Currently it has 1 million customer base.
2. XTRAREWARDS^TM is a recently launched loyalty program for retail customers where customers can earn reward points on their purchases./ed-mandesa31

• Global strategic petroleum reserves

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

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