Indian Oil Corporation

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Indian Oil Corporation Limited

Type	PSU (Trading on BSE & NSE)
Founded	1964
Headquarters	New Delhi, India
Key people	Sarthak Behuria, Chairman
Industry	Petroleum
Products	Oil , LPG
Revenue	$36.537 Billion USD (March 2006)
Employees	~36,217 (2006)
Website	www.iocl.com

Indian Oil Corporation Ltd. (IOCL) was formed in 1964 through the merger of Indian Oil Company Ltd. (Estd. 1959) and Indian Refineries Ltd. (Estd. 1958). IOCL is India's largest oil company and the largest PSU company in terms of revenue. As the name suggests its interests are in Petroleum sector. It is involved in the refining and retailing of petroleum products.

1 Products
2 Refineries
3 International Rankings
4 Management
5 Loyalty Programs
6 See also
7 External links

[edit] Products

[edit] Refineries

IOCL has a number of refineries in India:

It holds controlling stake in CPCL limited which operates refinery at Chennai,etc. The total capacity is about 55.20 MMTPA.

[edit] International Rankings

Indian Oil is the highest ranked Indian company in the prestigious Fortune Global 500 listing, having moved up 17 places to the 153^rd position(in 2006) based on fiscal 2005 performance.
It is also the 18th largest petroleum company in the world and the # 1 petroleum trading company among the National Oil Companies in the Asia-Pacific region.
IOCL was featured on the Forbes Global 2000 list for 2005 at position 311
Indian Oil Corporation Limited is the largest commercial undertaking in India and a Fortune “Global 500” company with a ranking of 189.(as given in the official webpage of IOCL : [[1]] ,as on March 2007)

[edit] Management

Chairman

Mr. Sarthak Behuria (present)

[edit] Loyalty Programs

XTRAPOWER Fleet Card Program is aimed at Large Fleet Operators. Currently it has 1 million customer base.
XTRAREWARDS^TM is a recently launched loyalty program for retail customers where customers can earn reward points on their purchases.