Being The Energy of India is about IndianOil’s business interests encompassing the entire hydrocarbon value chain – from refining, pipeline transportation & marketing, to exploration & production of crude oil & gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations.
Being The Energy of India is about IndianOil, with its over 33,500-strong team, taking the lead in meeting India’s energy demands efficiently and effectively today, just as it has done over the last six decades, and an enterprise that fuels India’s core sector for economic development.
Being The Energy of India is much more than just notching up high turnover (US$ 87 billion in 2018-19). It’s far more than being ranked 117 among the world’s largest corporates in Fortune’s ‘Global 500’ listing, and the vision to become 'a globally admired company.'
As The Energy of India, IndianOil accounts for nearly half of India's petroleum products market share, with sales of about 90 million tonnes in 2018-19. Over 32% national refining capacity and 71% downstream sector pipelines throughput capacity are with IndianOil. What’s more, the IndianOil Group owns and operates 11 of India's 23 refineries, with a combined refining capacity of 80.7 million metric tonnes per annum. IndianOil refineries are on the last leg of upgradations to produce world class BS-VI compliant automotive fuels for supplies across the country from 1 April, 2020.
Being The Energy of India is also about IndianOil’s global aspirations, fulfilled to an extent by the formation of subsidiaries in Sri Lanka, Mauritius, the UAE, Singapore, Sweden, USA and The Netherlands.
IndianOil is on the path of its vision of being The Energy of India and A Globally Admired Company.
More information about IndianOil can be found at www.iocl.com