- Business
- Indian Oil Corporation Limited, along with its associated entities, operates as a comprehensive energy major involved in the full spectrum of the hydrocarbon value chain throughout India and globally. The company's primary activities encompass the intricate processes of refining crude oil, its extensive pipeline transportation, and the robust marketing of various petroleum products. Additionally, it is actively engaged in the exploration and production of both crude oil and natural gas, alongside significant operations in petrochemical manufacturing and the sale of natural gas. Its broad portfolio of offerings includes essential fuels such as gasoline, diesel, and cooking gas (LPG under the Indane brand), alongside aviation turbine fuel, kerosene, specialized lubricants (under the SERVO brand), marine oils, and bitumen. Furthermore, Indian Oil produces a wide array of petrochemicals, encompassing polymers and various chemical products, branded as PROPEL. The corporation has also expanded its interests into diverse areas, including the production of explosives and cryogenics, wind and solar power generation, sophisticated lube blending, bunkering services, and offering consultancy in refining and pipeline operations. As of recent updates, the company's operational footprint is impressive, comprising 11 refineries across India with a combined capacity of approximately 80.80 million metric tonnes per annum (MMTPA). Its vast network for transporting crude oil and finished products spans over 20,000 kilometers of cross-country pipelines. Indian Oil serves a broad customer base through more than 60,900 customer touchpoints, which include over 26,000 petrol and diesel stations, 6,565 Kisan Seva Kendra outlets catering to rural markets, and a wide network of LPG distributors. The company is also a leader in electric mobility infrastructure in India, managing over 14,000 EV charging stations and 108 battery swapping facilities as of March 2025. With a commitment to energy transition, Indian Oil has pledged substantial investments towards green initiatives to achieve net-zero operational emissions by 2046. This includes major projects in green hydrogen, sustainable aviation fuel, and a significant expansion of its renewable power capacity. Established in 1959, the company holds the distinction of being India's largest integrated energy company and maintains a global presence with subsidiaries in Sri Lanka, Mauritius, and the Middle East.