Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company conducts exploration and production of oil and natural gas, refining of crude oil, pipeline transportation and marketing of natural gas and petroleum products. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and greases. The company conducts upstream operation in collaboration with other consortium partners both in India and other countries including the US, Canada, Gabon, Libya, Nigeria, Russia, Venezuela, Oman and the UAE. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
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Products and Services
Products | Services | Brands |
---|---|---|
Naphtha | Technical and Consultancy Services | AutoGas |
Light Diesel Oil | Operation and Maintenance | Indane |
Furnace Oil | Techno-economic Feasibility | Servo |
XXX | XXX | XXX |
XXX | XXX | XXX |
XXX | XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2022 | New Products/Services | In June, the company unveiled a stationary, rechargeable and indoor cooking stove. |
2022 | Contracts/Agreements | In June, the company entered into a partnership with Genrobotics to develop robotic tools for internal tank cleaning and inspection at refineries. |
2022 | Contracts/Agreements | In June, the company signed a long term supply agreement with Air Products to build, own, and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL's Barauni Refinery in Bihar. |
Competitor Comparison
Key Parameters | Indian Oil Corp Ltd | Reliance Industries Ltd | Oil and Natural Gas Corp Ltd | Bharat Petroleum Corp Ltd | Hindustan Petroleum Corp Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | New Delhi | Mumbai | Deharadun | Nagpur | Mumbai |
No. of Employees | 31,648 | 236,334 | 28,479 | 9,251 | 9,448 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth

Net Income Growth





Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Shrikant Madhav Vaidya | Chairman | Executive Board | 2020 | 58 |
Anant Kumar Singh | Chief vigilance officer | Senior Management | - | - |
G. K. Satish | Director - Planning & Business Development | Executive Board | - | 60 |
VC Asokan | Director - Tamil Nadu and Puducherry; Head -Tamil Nadu and Puducherry | Executive Board | 2022 | - |
Ranjan Kumar Mohapatra | Director - Human Resources | Executive Board | 2018 | 57 |
Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
Non Dignissim Eros | Proin vel | Convallis | 2022 | XX |
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