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    Indian Oil Corporation Limited (IOC.BO)

    418.45 Down 2.65(0.63%) Jun 24, 6:23AM EDT
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    Indian Oil Corporation Limited
    3079/3, J B Tito Marg
    Sadiq Nagar
    New Delhi, 110049
    India - Map
    Phone: 91 11 2626 0000
    Website: http://www.iocl.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Refining & Marketing
    Full Time Employees:N/A

    Business Summary 

    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 company’s products include LPG, 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 11,221 kilometers crude oil, products, and gas pipelines; 24,400 petrol and diesel stations, including 6,200 Kisan Seva Kendra outlets in the rural markets; 136 bulk storage terminals and depots, 98 aviation fuel stations, and 91 LPG gas bottling plants; and approximately 6,400 bulk consumer pumps in 3,264 markets, as well as has a network of 7,934 LPG distributors. Indian Oil Corporation Limited’s exploration and production portfolio comprises 10 oil and gas blocks in India; and 7 blocks in Libya, Gabon, Nigeria, Yemen, Venezuela, Canada, and the United States. Further, it engages in the 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. It serves consumer, industrial, 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.

    Key Statistics

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    Key Executives 
    Mr. A. K. Sharma , 58
    Director of Fin., Director, Member of Remuneration Committee, Member of Stakeholders' Relationship Committee, Member of Projects Evaluation Committee, Member of Corp. Social Responsibility (Csr) & Sustainable Devel. Committee, Member of Oil Price Risk Management Committee, Member of Spot Lng Purchase Committee, Member of Lng Sourcing Committee and Member of Disputes Settlement Committee
    Mr. Debasis Sen , 54
    Director of Planning & Bus. Devel., Director, Chairman of Spot Lng Purchase Committee, Member of Corp. Social Responsibility (Csr) & Sustainable Devel. Committee and Member of Oil Price Risk Management Committee
    Mr. Verghese Cherian , 59
    Director of Human Resource, Director, Member of Remuneration Committee and Member of Stakeholders' Relationship Committee
    Mr. Raju Ranganathan ,
    Exec. Director of Law and Company Sec.
    Mr. Anish Aggarwal , 58
    Director of Pipelines, Director, Member of Health, Safety & Environment Committee and Member of Marketing Strategies Committee
    Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in INR.