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Indian Oil Corporation
IndianOil controls 10 of India's 18 refineries with a current combined rated capacity of 49.30 million metric tonnes per annum (MMTPA) or 990 thousand barrels per day (bpd). These include subsidiaries Chennai Petroleum Corporation Ltd and Bongaigaon Petroleum Corporation Limited. It owns and operates the country's largest network of cross-country crude oil and product pipelines of 7,170 km, with a combined capacity of 52.75 MMTPA
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Corparate Office:
3079/3,
J B Tito Marg, Sadiq Nagar
New Delhi, DH, 110049
Phone : +91-11-26260000
/images/logos/local/th_indraprastha.jpgIndraprastha Gas Ltd
Indraprastha Gas Ltd. is a joint venture of GAIL (India) Limited, Bharat Petroleum Corporation Limited and the Government of the National Capital Territory of Delhi. IGL was incorporated to implement the Compressed Natural Gas (CNG) expansion programme and the Piped Natural Gas (PNG) project for varied applications in the domestic and commercial sectors
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/images/logos/local/th_ingenero.jpgIngenero
Ingenero provides remote monitoring and optimization for continuous process manufacturers, such as petroleum refineries and chemical producers. Its service allows clients in the US and Asia to increase yield, improve safety, and reduce emissions. Most services are provided from Ingenero's facility in India. Ingenero has established an alliance with United Oil Products (UOP), a major supplier of process technology, to jointly market the services of the two companies.
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/images/logos/local/th_kochirefineries.jpgKochi Refineries Ltd.
Kochi Refineries Limited (formerly known as Cochin Refineries Limited) is a petroleum refining company with Bharat Petroleum Corporation Limited (BPCL) as the majority shareholder...They took the road of quality and responsibility. And it paid rich dividends of goodwill and progress. It was thirty-five years back that KRL, formerly known as Cochin Refineries Ltd., started as a refinery with a capacity of 2.5 million metric tons per annum.In addition to producing petrol, the company also makes diesel, kerosene, liquefied petroleum gas (LPG), furnace oil, aviation turbine fuel, and bitumen.
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/images/logos/local/th_mahanagargas.jpgMahanagar Gas Limited (MGL)
Mahanagar Gas Limited (MGL), a pioneering initiative to bring clean, safe efficient and affordable Piped Natural Gas, direct to over 6,00,000 homes in Mumbai. Presently MGL has connected to more than 1,80,000 households in Mumbai.
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/images/logos/local/th_ongc_india.jpgOil and Natural Gas Corporation Limited (ONGC)
ONGC has produced more than 600 million metric tonnes of crude oil and supplied more than 200 billion cubic metres of gas since its inception, thus fuelling the increasing energy requirements of the Indian economy. Today, ONGC is the most valuable company in India, contributing 77 percent of India's crude oil production and 81 per cent of India's natural gas production
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IOC aims at 90% DBTL compliance in Gujarat by mid-Jan
Posted on 22nd November 2014
Even as the modified Direct Benefit transfer of LPG (DBTL) scheme is set to be launched pan-India by January 1, 2015, the Indian Oil Corporation (IOC) Ltd. has set a target of 90 per cent cash transfer compliance (CTC) among its consumers by mid January.

Earlier, the DBTL scheme was launched on June 1, 2013 but required consumers to mandatorily have an Aadhaar number for availing LPG Subsidy. Post review, the government later modified the scheme allowing consumers who do not have an Aadhaar number to still be cash transfer compliant by registering their bank accounts. Read More


IOC plans to set up Rs 4000-cr ethylene derivative plant in Paradip
Posted on 18th November 2014
Indian Oil Corporation (IOC) is reportedly planning to set up an ethylene derivative plant at its Paradip refinery complex in Orissa with an investment of Rs 4000 crore. “Indian Oil is also evaluating the feasibility of setting up of ethylene derivative plant at an estimated cost of nearly Rs 4000 crore,” said Dharmendra Pradhan, Union Minister of State for Petroleum and Natural Gas, during the foundation laying ceremony for IOC’s Rs 3150 crore polypropylene (PP) plant at Paradip on November 16, 2014.

This will indeed act as a catalyst in the socio economic development of the country and the state in particular. The ethylene plant will provide products that will facilitate manufacturing of polyester chips, fibres, PET bottles, PET chips, polyester yarn, etc. Read More


UPA's Rs 3,000-cr hidden gift to Arun Jaitley
Posted on 18th November 2014
In March, the United Progressive Alliance (UPA) government did a smart thing. Or, so it appears in hindsight. After its multiple attempts to evince interest among investors for the shares of Indian Oil Corporation (IOC) failed amid internal protests against selling those cheap, it revived an old ghost called cross-holding.

Accordingly, the 10 per cent stake in the refiner, which the Cabinet had cleared for divestment, was placed with its cash-rich sister concerns Oil and Natural Gas Corp (ONGC) and Oil India Ltd (OIL). The 242 million shares, split equally between the two buyers, fetched the government Rs 5,340 crore at Rs 220 a share. Read More


Petrol, diesel excise raised to aid fisc
Posted on 14th November 2014
The government on Thursday raised excise duty on petrol and diesel by Rs 1.50 a litre each to help it achieve the fiscal deficit target for this year. The move may not result in an immediate hike in prices of petroleum products as oil marketing companies (OMCs) are likely to offset it by not announcing the reduction in rates expected this weekend.

The excise duty on normal or unbranded petrol was hiked from Rs 1.20 per litre to Rs 2.70 per litre and on unbranded diesel from Rs 1.46 a litre to Rs 2.96, a government notification said. The duty on branded petrol was raised from Rs 2.35 a litre to Rs 3.85 and on branded diesel from Rs 3.75 to Rs 5.25 per litre. Read More


ONGC topples RIL to become highest ranked Indian energy firm
Posted on 30th October 2014
State-owned Oil and Natural Gas Corp (ONGC) has edged past Reliance Industries (RIL) to be the highest-ranked Indian energy firm on this year's Platts Global 250 Rankings.

ONGC, ranked 22 in 2013, improved one position this year on the list led by global firms Exxon Mobil Corp, Chevron and Royal Dutch Shell. RIL slipped from the 19th rank in 2013 to 22nd. Read More

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