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Indian Oil Corporation Limited is the country’s flagship national oil company and highest ranked (96th) Indian corporate in the prestigious Fortune ‘Global 500’ listing in the year 2014, with business interests straddling the entire hydrocarbon value chain.

With dominant share of national refining and pipeline capacities as well as in petroleum products’ market, IndianOil has been meeting the energy needs of the country for more than five decades now. A strong workforce of about 33,800 employees has been instrumental in achieving such glorious milestones.

The company’s operations are strategically structured along the core business areas viz. Refineries, Pipelines, Marketing, and Research & Development. Additionally, to keep up with the rapid changes in business environment, Business Development group was formed with a mandate to expand the existing portfolio through backward and forward integration such as embarking into Exploration & Production and venturing into Petrochemicals and Natural Gas business.

Refineries

IndianOil and its subsidiary company, Chennai Petroleum Corporation Ltd., together own and operate 10 of India’s 22 refineries with a total refining capacity of 65.7 MMTPA accounting for 30.54 percent of country’s refining capacity.

Presently, the Corporation’s flagship, state-of-the-art 15 MMTPA refinery project at Paradip is inching closer towards commissioning. Once commissioned, this refinery will improve Corporation’s competitiveness in the market and provide enhanced operational flexibility.

Profile Pipelines

The Corporation’s cross-country network of over 11,000 kms of crude oil, product and gas pipelines is the largest in the country, meeting the vital energy needs of consumers in an efficient and environment-friendly manner.

Firm action plans are in hand to augment the pipeline capacities for transportation of crude oil, petroleum products including LPG, develop crude oil tankages to improve blending in order to enable refineries to process heavier crudes as well.

Marketing

With indefatigable workforce, robust countrywide dealership/ distributorship network backed by sprawling infrastructures such as depots, terminals, aviation fuel stations, and LPG bottling plants, the Corporation caters every corner of the country in every situation, be it scorching heat or freezing cold. The rural markets of the country are being catered by Kisan Seva Kendra (KSK), special format retail outlets. The KSKs are not only becoming the new face of the organization but also bolstering its market presence. Almost every second household in India is fuelled through Indane LPG, through its vast network of retail distributors. A large network of consumer pumps are also in operation for the convenience of bulk consumers, ensuring products and inventory at their doorstep. The corporation enjoys more than 51 percent of infrastructure share in the industry as a market leader.

IndianOil’s aviation service commands an enviable market share in the aviation fuel business and successfully services the demands of the Indian Defence Service, domestic and international flag carriers as well as private airlines.

PX unit at Panipat Refinery Crude Oil Pipeline at Paradip Refinery

IndianOil Retail Outlet at Tamilnadu

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Indane LPG, SERVO lubricants, PROPEL petrochemicals, are the most common and much-respected energy brands of the Corporation amongst other.

Customer centricity has been always the focus of the Corporation. Thrust has been on modernization of retail outlets through automation, stringent quality control measures, highway networking, loyalty programmes, fore court management, IVRS etc.

Research & Development

IndianOil’s state-of-the-art Research & Development Centre is a pioneer in lubricants formulation, refinery processes, pipeline transportation and alternative fuels. This nodal agency of the Indian hydrocarbon sector has been instrumental in ushering in research on Hydrogen fuel in the country. DHDT technology, Light Naptha Isomerization technology, INDMAX technology (for maximizing LPGas yield), INDAdeptG, Oilivorous bio-remediation technology (extended to marine applications too), Diesel Hydro DeSulphurisation (DHDS) catalyst, a special Indicat catalyst for Bharat Stage - IV compliant Diesel, IndVi catalyst for improved distillate

As a consortium partner in 13 domestic blocks and 11 overseas blocks, the Corporation has strengthened its position as a serious upstream player. The Corporation owns hydrocarbon producing assets overseas, in consortium by acquiring producing assets in US and Canada. In 2013-14 the Corporation has acquired 10 percent Participating Interest in the multi-billion dollar integrated upstream & LNG project - Pacific North West LNG in Canada with initial investment of US$ 1 billion, marking Corporation’s biggest overseas acquisition so far.

Natural Gas Business has gathered momentum with focus on marketing, impor t, transpor tation & infrastructure development. IndianOil has marketing rights for 30 percent of the LNG procured by Petronet LNG Limited for its Dahej Terminal & upcoming Kochi Terminal. IndianOil is setting up a 5 MMTPA LNG regassificiation terminal of its own at Ennore. The Corporation has presence in City Gas Distribution through its JV companies. The Corporation and its joint venture partners have been awarded three major gas pipelines, which when completed will significantly enhance country’s gas infrastructure.

The Corporation has forayed into alternative energy options such as wind, solar, bio-fuels and nuclear power. The corporation has started integrating sustainability aspects of business with its vision and core values. As a responsible corporate body, the corporation is determined to reduce emission of greenhouse gases (GHG), lower down the consumption of water and reduce waste generation in its business operations at all locations. The corporation is implementing ENCON projects at refineries to reduce GHG emission, solarising Retail Outlets, and creating rain water harvesting structured at installations as part of mitigation strategy.

In CSR, the focus area of the corporation is health and education of the community. Various health, family welfare, education, and environment related schemes are in place for enriching the quality of life of the community. The Corporation has always been at the forefront during national emergencies stepping in to provide assistance, relief and rehabilitation as well as maintaining an uninterrupted supply of petroleum products.

and FCC throughput, and adsorbent based deep sulphurisation process for gasoline and diesel streams are some of the in-house technologies and catalysts developed by IndianOil.

Business Development

The overseas businesses in Sri Lanka, Mauritius, United Arab Emirates (UAE), Sweden, USA and the Netherlands through subsidiaries have been getting a strong foothold. The corporation is further exploring the opportunities to expand its presence in new markets.

In a very short span of time the corporation has established itself as significant player in petrochemicals production and marketing. This has not only added value to its existing refineries, but also helped it diversify and achieve downstream integration. Today, the Corporation is second largest player in the country with a wide range of portfolio meeting various market segments. In order to meet the customer requirements, a pan India supply chain network and field level administrative set ups have also been established. The Corporation’s J.V. company has become the first company to produce Styrene Butadiene Rubber (SBR) in the country, which is hundred percent import substitution product.

Work station at Product Application and Developement Centre, Panipat

Bio-diesel pilot plant at R&D Centre, Faridabad