Indian Oil Corporation Ltd.   (IOC)

IndianOil is India?s flagship national oil company with business interests straddling the entire hydrocarbon value chain ? from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas, and petrochemicals. It is the leading Indian corporate in the Fortune 'Global 500' listing, ranked at the 125th position in the year 2010. At IndianOil, the operations are strategically structured along business verticals - Refineries, Pipelines, Marketing, R&D Centre and Business Development ? E&P, Petrochemicals and Natural Gas. To achieve the next level of growth, IndianOil is currently forging ahead on a well laid-out road map through vertical integration? upstream into oil exploration & production (E&P) and downstream into petrochemicals ? and diversification into natural gas marketing and alternative energy, besides globalisation of its downstream operations. Having set up subsidiaries in Sri Lanka, Mauritius and the United Arab Emirates (UAE), IndianOil is simultaneously scouting for new business opportunities in the energy markets of Asia and Africa. IndianOil and its subsidiaries account for over 48% petroleum products market share, 34% national refining capacity and 71% downstream sector pipelines capacity in India. With a steady aim of maintaining its position as a market leader and providing best quality products and services, IndianOil is currently investing Rs. 47,000 crore in a host of projects for augmentation of refining and pipelines capacities, expansion of marketing infrastructure and product quality upgradation.

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