311.10
0.50(0.16%) May 17, 6:15AM EDT
| Indian Oil Corporation Limited 3079/3 J B Tito Marg Sadiq Nagar New Delhi, 110049 India - Map Phone: 91 11 2626 0000 Fax: 91 11 2626 0100 Website: http://www.iocl.com
Indian Oil Corporation Limited, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products in India. It is also involved in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals. The companys products include liquefied petroleum gas, natural gas, petrol/gasoline, diesel/gas oil, aviation turbine fuel/jet fuel, lubricants and greases, marine fuels and lubricants, kerosene, bulk/industrial fuels, bitumen, petrochemicals, and crude oil. In addition, it offers special products, such as benzene, carbon black feed stock, food grade hexane, jute batching oil, micro crystalline wax, mineral turpentine oil, paraffin wax, propylene, raw petroleum coke, sulphur, and toluene. The company operates approximately 10 refineries; a network of 10,899 kilometers crude oil and product pipelines; and 20,421 petrol and diesel stations, including 3517 Kisan Seva Kendras in the rural markets, as well as serves approximately 2764 markets through a network of 5456 distributors. Indian Oil Corporations 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. Further, it engages in the sale of imported crude oil; explosives and cryogenic businesses; wind mill and solar 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 19 countries. It serves consumer, industrial, agricultural, and marine, as well as domestic and international flag carriers, private airlines, and the Indian defense services sectors. The company was founded in 1959 and is based in New Delhi, India.
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