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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:
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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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_oilco_services.jpgOilco Services
Oilco Services (India) Limited was incorporated in 1999 and commenced its operational activities in the year 2000.Our organisational objective is to supply, install, commission and maintain all equipment that is used in a petroleum retailing station environment. In that, Oilco Services aims at becoming the largest service provider to the petroleum retailing companies in India.
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Indian Oil to invest Rs 1.75 trillion in 7 years; eyes 100 mt tonnes refining output
Posted on 16th September 2015
State-run Indian Oil will more than treble its capex to Rs 1.75 trillion over the next seven years against what it spent in the past five years, with a view to expand refining output by 54 per cent to around 100 mt tonnes, investing Rs 50,000 crore in brownfield expansion alone.

For the current Plan period (12th Plan ending 2017), nation’s largest refiner Indian Oil Corporation (IOC) has set aside Rs 56,200 crore in capex, most of which went into the 15 million tonnes (mt) Rs 34,500-crore greenfield refinery in Paradeep that will go onstream from late next month or early November, chairman B Ashok said here today. Read More

LIC buys 86 percent of Indian Oil Corp shares sold by govt
Posted on 26th August 2015
MUMBAI (Reuters) - State-owned Life Insurance Corporation of India, the country's largest investor, bought just under 86 percent of shares sold by the government earlier this week in state-run refiner and fuel retailer Indian Oil Corp, a regulatory filing showed.

New Delhi is seeking to raise as much as $11 billion by selling stakes in state-run firms this year. While LIC is a frequent back up for government sales, the sum it bought on Monday, amid a stock market rout, is likely to raise questions over the future of the sell-off programme. Read More

Indian Oil says fire-hit CDU at Koyali plant shut for maintenance
Posted on 24th August 2015
Indian Oil Corp on Monday said all units at its 274,000 barrels per day (bpd) Koyali refinery in western Gujarat are running normally except the 44,000 bpd crude distillation unit (CDU), where a minor fire occurred during a planned maintenance shutdown.

"There has been no fatality; however there are five cases of injuries to employees of Gujarat Refinery," the company said in a statement issued on Sunday. Read More

Indian Oil stake sale floor price set at Rs387 a share
Posted on 22nd August 2015
Mumbai: The government has set a floor price for the sale of shares in top state-run refiner Indian Oil Corp Ltd at Rs387 each, the company said, a 2% discount from Friday’s close.

At the floor price, the 10% stake sale in the company will bring in Rs9,396 crore ($1.4 billion) for the government. Read More

IndianOil set to exceed 12th Plan capex of Rs 56,200 crore
Posted on 19th August 2015
IndianOil Corporation (IOC), the nation’s largest fuel retailer, is set to exceed its capital expenditure target of Rs 56,200 crore for the 12th Five-Year Plan. The company has already spent Rs 40,353 crore to ramp up capacity. With both petrol and diesel prices freed and the implementation of cash transfers to curb the cooking gas subsidy, IOC has a capital expenditure target of Rs 10,540 crore for 2015-16. “We have two years to go for the plan to be over. We will probably exceed the 12th Plan target,” Chairman and Managing Director B Ashok told Business Standard. Read More
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