INDIAN OIL CORPORATION

Presented ByDipti Ranjan Panda

MBA-1st YearRoll No-09

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.

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

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.

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.

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)

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

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 GasPetrol/GasolineATF/Jet fuelServo Lubricants & GreasesMarine Fuels and LubricantsKeroseneBulk Industrial fuels

Conti……….

BitumenPetrochemicals• Glycols• LAB• Polymers• PTASpecial 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 IndustryCruid Oil

Services

• Refining• Pipelines•Marketing• Research and Development• Training

Share Holders

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

2009 2010 2011 2012 20130

50000

100000

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300000

350000

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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

Chart Title

Sales Profit Equity dividend

(in Rs. Crore)

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/

Thank You