Indian Oil Corporation Delhi is Associated With and Known as:
Indian Oil Corporation Delhi is the state office location of Indian Oil Corporation Limited. Indian Oil is a public industry of oil and gas that is traded in Bharat Stock Exchange and National Stock Exchange with an image symbol of “IOC”. According to the fortune global 500 list, Indian Oil is ranked at 88th position for largest corporation in the world. The Government of India holds the 79% shares in the company and remaining 21% shares is owned by public.
Business Operations
According to fiscal year of 2013-2014, Indian Oil has earned turnover of INR 473210 crore and profit of INR 7019 crore, making it the largest public corporation in India. According to 31st March of 2013, the corporation has almost 34,084 employees which include 2,643 women employees and 14,981 officers.
Brief History
Indian Oil Corporation
Limited commenced in operations in 1958 as Indian Oil Company Ltd. The name was re-named to Indian Oil Corporation Limited in 1964 after the completion of consolidation between Indian Oil Company Limited and Indian Oil Corporation (IOC).
Products
Indian Oil Corporation Ltd provides variety of products such as indene gas, auto gas, natural gas, petrol, diesel,
Jet fuel, servo lubricants and greases, agricultural spray oils, marine fuels, kerosene, furnace oil, bitumen, petrochemicals, crude oil and many others.
Services
Indian Oil is involved in providing services related to refining, pipelines, marketing, technology licensing and training. Every service comes with its related sub-services like with refining it includes refinery O&M management, refinery turnaround, refinery inspection service, safety health and environment and training and development service.