Overview
Revenue
$10+ billion (USD) per year
Headquarters
New Delhi, New Delhi
As India's flagship national oil company in the downstream petroleum sector, IndianOil has been fuelling the energy demands of India for over five decades. With a 33,000-plus work-force, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, lndianOil plays a significant role in fuelling the socio-economic development of the country. Indian Oil Corporation Limited explores for and refines crude oil, in addition to manufacturing petroleum & petroleum products. The Company's products include lubricating oils, liquid petroleum gas, aviation turbine fuels, greases, wax, bitumen and asphalt. Indian Oil Corporation has retail outlets throughout India. The greatest majority shareholding in the Company is held by Indian Government. Indian Oil is India's #1 oil refiner. Of India's 20 refineries, the company owns 10, which have a combined capacity of 67.7 million metric tons per year (34% of India's total refining capacity). The group also owns more than 10,900 kilometers of pipeline and operates a chain of some 18,640 gas stations across India. India's largest commercial enterprise, Indian Oil has 71% of India's downstream pipeline throughput capacity, and its network of 35,600 retail outlets represents 49% of the country's petroleum products market share. The group also provides cooking gas to more than 50 million households. The company also has a 63% market share of India aviation fuel sector.
