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Indian Oil Corporation Limited (IOC.NS)

-NSE
268.80 Down 1.80(0.67%) 2:35AM 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

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:34,084

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 11,163 kilometers crude oil and product pipelines; 20,575 petrol and diesel stations, including 4,225 Kisan Seva Kendras in the rural markets; and 96 aviation fuel stations and 89 LPGas bottling plants, as well as serves approximately 2,764 markets through a network of 5,934 distributors. Indian Oil Corporation Limited’s 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.

Key Statistics


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Key Executives 
 PayExercised
Mr. Praveen Kumar Goyal ACA, 60
Director of Fin., Whole-Time Director, Member of Oil Price Risk Management Committee, Member of Marketing Strategies Committee, Member of Committee for Deleasing of Immoveable Properties, Member of Projects Evaluation Committee, Member of Remuneration Committee, Member of Shareholders/Investors Grievance Committee, Member of Establishment Committee, Member of Contracts Committee, Member of Planning & Projects Committee and Member of Corp. Social Responsibility (CSR) & Sustainable Developm
4.20MN/A
Mr. Ashok M. K. Sinha , 60
Director of Planning & Bus. Devel., Exec. Director, Chairman of Spot Lng Purchase Committee, Member of Contracts Committee, Member of Planning & Projects Committee, Member of Establishment Committee, Member of Marketing Strategies Committee, Member of Corp. Social Responsibility (Csr) & Sustainable Devel. Committee and Member of Lng Sourcing Committee
3.10MN/A
Mr. Makrand Nene , 60
Director of Marketing, Whole-Time Director, Member of Establishment Committee, Member of Planning & Projects Committee, Member of Contracts Committee, Member of Health, Safety & Environment Committee, Member of Marketing Strategies Committee and Member of Corp. Social Responsibility (CSR) & Sustainable Devel. Committee
2.00MN/A
Dr. Ravinder Kumar Malhotra , 60
Exec. Director of R&D, Whole-Time Director, Member of Establishment Committee, Member of Planning & Projects Committee and Member of Contracts Committee
3.70MN/A
Mr. Vasudev Sitaram Okhde , 58
Director of Pipelines and Whole-Time Director
600.00KN/A
Amounts are as of Dec 31, 2012 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.