Overview
Description
Indian Oil Corporation Ltd. (IOC) is a prominent state-owned oil and gas company in India. It plays a crucial role in the country's energy sector by engaging in the exploration, production, refining, transportation, and marketing of petroleum products. As India's largest commercial oil company, Indian Oil Corporation is instrumental in meeting the nation's escalating energy demands. It operates a vast network of refineries and fuel stations across the country, ensuring the distribution of crucial energy resources such as gasoline, diesel, kerosene, and liquefied petroleum gas. Additionally, Indian Oil Ventures into petrochemicals and natural gas sectors, enhancing its diversified profile. The company is vital for India's energy security strategy, contributing significantly to both the national economy and regional development. With a commitment to innovation and sustainability, Indian Oil focuses on adopting clean energy solutions and expanding its presence in the renewable energy space. This dual role positions the company as both a pillar of traditional energy infrastructure and a forward-thinking entity adapting to future energy needs.
About
CEO
Employees
30321
Address
3079/3, J.B. Tito Marg
Sadiq Nagar
New Delhi, 110049
Sadiq Nagar
New Delhi, 110049
Phone
91 11 2626 0101
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
India
MIC code
XBOM