Indian Oil Corporation is India's largest commercial enterprise and petroleum company, accounting for nearly half of India's petroleum products market. It was formed in 1964 through the merger of Indian Refineries Ltd and traces its origins back to 1959. Indian Oil operates 10 of India's 22 refineries with a combined refining capacity of 65.7 million metric tons per year. Its mission is to serve national interests in oil and related sectors through continuous supplies while pursuing innovation, caring for communities, and high ethics.

1. Presented By
Dipti Ranjan Panda
MBA-1st Year
Roll No-09

2. History & Background
Indian Oil Corporation is an Indian public-sector petroleum company. It is India’s largest
commercial enterprise, ranking 88th on the Fortune Global 500 listing (2013).
It began operation in 1959 as Indian Oil Company Ltd. It was formed in 1964, with the merger of
Indian Refineries Ltd.
Indian Oil and its subsidiaries account for a 49% share in the petroleum products market, 31%
share in refining capacity and 67% downstream sector pipelines capacity in India.
The Indian Oil Group of Companies owns and operates 10 of India's 22 refineries with a
combined refining capacity of 65.7 million metric tons per year.

3. Mission
• Ethics Setting a high standard for ethics and Values
• People Leading with passion to excel
• Customer Creating relationship for a Lifetime
• Innovation Pioneering the Sprit of creating and research
• Environment Caring for the Environment and Community

4. Objective
• Serve National interests in Oil & related sectors.
• Continuous & smooth supplies of Petroleum products.
• Create strong research & development base in processes, product
formulations, pipeline transportation and alternative fuels.
• Maximize utilization of existing facilities for improving efficiency and
increasing productivity.
• Earn Reasonable rate of return on investment.

5. Obligation
• Towards Customers and Dealers: Provide prompt and efficient service and quality products at competitive
price.
• Towards Suppliers: Ensure prompt dealing with Integrity
• Towards Employees: Develop their capabilities and facilitate their advancement through appropriate training
and career Planning
• Towards Community: Develop techno-economically viable and environment friendly product. Maintain
highest standards in respect of safety, environment protection and Health.
• Towards Defense Service: Maintain adequate supplies to defense and other para-military services during
normal as well as emergency situation.

6. Major Projects
• Integrated Crude Oil Handling Facilities at Paradip.(Rs. 1492.33 Crore)
• Construction of Tanks & Blending Facility at Vadinar.( Rs.267.00 Crore)
• Styrene Butadiene Rubber at Panipat. (Rs. 890 Crore)
• Butadiene Extraction Unit at Panipat. (Rs.341.50 Crore)
• REVAMP of FCC Unit at Mathura. (Rs. 1000.00 Crore)
• Gras Sroots Refinery Project at Paradip.(Rs.29,777.00 Crore)
• Paradip-Raipur-Ranchi Pipeline.(Rs.1793.60 Crore)
• De-Bottle necking of Salaya-Mathura Pipeline. (Rs.1584.00 Crore)
• Paradip-Haladia-Durgapur LPG Pipeline. (Rs.913.00 Crore)
• Augmentation of Paradip-Haladia-Barunai Crude oil Pipeline. (Rs.586.00
Crore)

7. Refineries
• Digboi Refinery (Upper Assam) 0.62 MMTPA
• Guwahati Refinery (Assam) 1.0 MMTPA
• Barauni Refinery 1.0 MMTPA
• Gujrat Refinery 18 MMTPA
• Mathura Refinery 6.0 MMTPA
• Panipat Refinery 6.0 MMTPA
• Bongaigaon Refinery 2.35 MMTPA

8. Products
Indane Gas
• 1.2 Million Cylinders a day to door step over 53 Million households.
• 2nd largest marketer of LPG globally after SHV Gas of Netherlands.
• Available in 5 Kg (rural), 14.2 Kg (Domestic), 19 & 47.5 Kg (Commercial & industrial) use.
Autogas
• Mixture of gases like Propane and Butane.
• Setup 350 Auto gas station covering 192 Cities.
LNG Gas
Petrol/Gasoline
ATF/Jet fuel
Servo Lubricants & Greases
Marine Fuels and Lubricants
Kerosene
Bulk Industrial fuels
Conti……….

9. Bitumen
Petrochemicals
• Glycols
• LAB
• Polymers
• PTA
Special Products
• Benzene -Chemical Industry
• CBFS -Carbon black manufactures
• JBO -Jute Industry
• LABFS -Lab manufactures
• Micro Crystalline Wax-Pharmaceutical Industry
• MTV -Paint Industry
• Pet coke -Cement Industry
Cruid Oil

10. Services
• Refining
• Pipelines
• Marketing
• Research and Development
• Training

11. Share Holders
• President Of India :1,9161,55,710(78.92%)
• ONGC Ltd. :21,29,06,190(8.77%)

12. 329806.88
291272.84
357275.89
463285.27 470650.59
7648.9 10387.74 7157.2 11383.68 4998.87910.48 3156.34 2306.55 1213.98 1505.33
0
50000
100000
150000
200000
250000
300000
350000
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450000
500000
2009 2010 2011 2012 2013
Chart Title
Sales Profit Equity dividend
(in Rs. Crore)

13. Referances
• www.iocl.com
• http://economictimes.indiatimes.com/indian-oil-
corporation-ltd/stocks/companyid-11924.cms
• http://en.wikipedia.org/wiki/Indian_Oil_Corporation
• https://www.google.co.in/