Indian Oil Corporation (IndianOil)
Indian Oil Corporation Limited (IOCL), commonly known as IndianOil is a government-owned oil and gas company headquartered in New Delhi. It is a Maharatna PSU under the Ministry of Petroleum and Natural Gas (MoPNG). IndianOil is the largest commercial oil company in the country. It is ranked 1st in Fortune India 500 list for the year 2016 and 117th in Fortune Global 500 list of world's largest companies in the year 2019. It is India's largest downstream oil company, with a workforce of more than 33,000 employees, a turnover of Rs 506,428 crore and a net profit of Rs 21,346 crore in 2017–18.
IndianOil's business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals.