Indian Oil Corporation Ltd Company History

RPL-IOC tie- up skids on Hydrocarbon Vision 2025

Indian Oil Corporation (IOC) and Sundaram Finance Ltd announced the commissioning of of their co-branded, value-added, fleet card- Powerplus, to be available in two options-debit and credit card.

New IOC chief M S Ramachandran on April 1st took over as chairman of the company.

IOC signs MoU with Ceylon Petroleum Corporation to retail petrol and diesel in Sri Lanka.

Indian Oil Corporation (IOC) has signed a deal with Nepal Oil Corporation for a five-year supply and a technical expertise agreement with effect from April 1, 2002.

Indian Oil Corporation will be selling auto fuels in Sri Lanka by taking over 100 retail outlets of Ceylon Petroleum Corporation. The company has signed the memorandum of understanding with Ceylon Petroleum

V.K. Chaudhri takes charge at regional level.

IOC, Gujarat Positra tie-up to set up petroleum infrastructure.

Indian Oil Corporation (IOC) introduced a new customer service called 'tank truck security system' in Andhra Pradesh.

Indian Oil Corporation has signed a one year $100 million term contract to supply 30,000 tonnes of diesel and 10,000 tonnes of jet fuel a month to Sri Lanka.

Indian Oil Corporation (IOC) tied-up with the Bhushan Group of Industries to supply petroleum products.

IOC launches Eco-friendly fuel 'Autogas'.

Indian Oil Corporation (IOC) has opened a 100 per cent subsidiary and floated a joint venture company in partnership with Ceylon Petroleum Corporation in Sri Lanka. Lanka IOC Ltd.

The Indian Oil Corporation (IOC) launched the country's first high-octane petrol and superior quality diesel 'IOC Premium' and 'Superior Diesel'.

IOC signs agreement with Gujarat Port for crude oil handling.

N.R. Raje appointed as Director of IOC R&D.

Indian Oil Corporation Ltd has informed that Shri Naresh Kumar Nayyar has been appointed as Additional Director and designated as Director (Planning & Business Development) with effect from October 10, 2002.Shri Naresh Narad, a government nominee representing Ministry of Petroleum and Natural Gas on the Board of the company ceased to be a Director with effect from November 11, 2002.

IOC ties up with Tata for Lubricant supply.

IOC ties up with Citibank-unveils co-branded debit card.

Shri M.S. Srinivasan appointed as additional director on the Board of IOC.

IOC ties up with Honeywell for re-engineering project.

Dr A K Bhatnagar ceases to be a Director of Indian Oil Corp.

IOC introduces eco-friendly auto LPG in eastern India.

Indian Oil Corporation unveiled higher-octane petrol and additive-reinforced diesel in Chennai. The petrol, called `IOC premium petrol' has an octane rating of 91, vis-à-vis the normal 88 octane petrol.

Indian Oil Corporation Ltd has informed BSE that Dr A K Bhatnagar, Director (R&D) has superannuated from the services of the Corporation on December 31, 2002 and consequently ceases to be a Director (R&D) of the Company. The corporation has further informed that Shri N R Raje has been appointed as an Additional Director and designated as Director (R&D) effective January 01, 2003 in place of Dr A K Bhatnagar.

Railways enters into a joint venture with IOC for production of bio-diesel.

Indian Oil Corporation Ltd has informed that 1) Shri Shivraj Singh, a Government nominee representing Ministry of Petroleum & Natural Gas on the Board of the company ceased to be a Director effective March 14, 2003. 2) Shri A.K. Arora, Director (Refineries) on the Board of the company has ceased to be a Director consequent upon superannuation effective March 31, 2003. 3) Shri Jaspal Singh has been appointed as Additional Director and designated as Director (Refineries) effective April 01, 2003.

IOC rolls out 'IOC Xtra' programme for My Shoppe card

IOC inks agreement to import 7.5 mt crude oil from Kuwait.

IOC foray into an alliance with Total for R&D, marketing.

IOC ties up BSNL to sell each others product.

Indian Oil Corporation Ltd has informed that Dr. Surajit Mitra (A government Nominee) representing Ministry of Petroleum & Natural Gas on the Board of the Company has ceased to be a Director effective July 16, 2003.

IOC, Tata Motors enter into MoU to promote marketing services.

IOC sign pact with BP for crude imports from Egypt.

Indian Oil Corporation Ltd has informed the following changes in Board of Directors of the company:

1. Shri P M Sinha, V Ranganathan, V K Agrawal have been appointed as Additional Directors (Part time non official directors) effective August 28, 2003.

2. Dr R K Pachauri, Shri L Sabaretnam and Shri M Kalyanasundaram ceased to be directors (part time non official directors) effective August 28, 2003.

3. Dr N G Kannan has been appointed as additional director and designated as director (Human Resources) effective September 1, 2003 in place of Shri A K Mitra who ceased to be director (Human Resource) effective August 31, 2003.

Indian Oil Corporation Ltd has informed that Shri Badal Kumar Das, a government nominee, representing Ministry of Petroleum & Natural Gas has been appointed as Additional Director on the board of the company.

Visakhapatnam's Indian Oil Corporation has launched gasohol petrol mixed with 5 % ethanol on September 11.

Unveils new campaign called `bagful of offers' from September 1 to promote premium petrol

Indian Oil Corporation has inked an loan agreement with Singapore based BNP Paribas, to mop up $100 million oil import financing facility for one year.

Launches its premium, hi-octane petrol, Xtra Premium in Visakhapatnam

BIFR grants IOC to take legal action against Konaria Ind

Indian Oil Corporation (IOC) will float a special purpose vehicle (SPV) for building 5 million tonne (mt) of strategic oil reserves at an estimated cost of Rs 1,640 crore.

IOC awards Rs 20 cr order to Bhart Heavy Electricals Ltd

Indian Oil Corporation Ltd has informed that IndianOil being a Government Company, the office of the Comptroller & Auditor General of India has appointed M/s Suresh Chandra & Associates and M/s Lovelock & Lewes to be the statutory auditors of the Company for the financial year 2003-04 in place of M/s Jagdish Chand & Co. and M/s P K Mitra & Co. respectively.

IOC inks pact with Coffee Day Xpress

IOC unveils Servo brand in UAE

Orissa, IOC ink pact for Paradip refinery

Ties up with Essar Steel for LNG (Liquefied natural Gas) sale

Indian Oil and BSNL have tied up with the Chennai-based e-Logistics for providing a low-cost, real-time truck tracking facility for fleet owners

Indian Oil Corporation (IOC) has emerged as the No 1 company in oil trading among national oil companies in the Asia-Pacific region.

IOC secures top slot in Forbes 2000 list

Ashok Leyland Ltd (ALL) and Indian Oil Corporation (IOC) have joined hands to offer freight management services across the country

Bharat Sanchar Nigam Ltd (BSNL) on April 12 launched the sale of its products and services at the IndianOil Corporation's (IOC) outlets in Chennai

Oil marketing major IOC has tied up with L&T and EIL to bid for pipeline and refinery revamp projects in Iran , Oman and Sudan

Indian Oil Corporation and Citibank unveils IndianOil Citibank Gold Credit Card with a fuel loyalty programme

Indian Oil Corporation Ltd (IOC) has finalised a deal with Reliance Industries Ltd for offtake of diesel, motor spirits, kerosene and liquefied petroleum gas (LPG) from the latter

IOC inks pact with IIM-A

IOC on June 26 signed a memorandum of understanding with HPCL

ABB Lummus Global has been selected by Indian Oil Corporation to replace an existing feed effluent heat exchanger in the catalytic reforming unit at its refinery in Mathura

The national technology award for successful commercialisation of indigenous technology was awarded to Indian Oil Corporation Ltd on June 30, 2004, for commercialisation of the conversion of the residue and other heavy hydrocarbons into LPG and high-octane gasoline using INDIMAX catalyst in a fluidised bed reactor regenerated system

IOC kicks off largest LAB plant in Gujarat

On September 09, 2004, signs memorandum of understanding with Nepal Oil Corporation for laying a 35 kilometre product pipeline between Raxual and Amlekhganj.

IOC forges alliance with JK Tyres on October 20, 2004

IOC inks pact with Usha International

IOC appoints Shri P K Sinha as Director with effect from December 22, 2004.

A Consortium of Indian Oil Corporation (IOC) and Oil India Ltd (OIL) has won an on shore oil block - Block 086 - in the highly prospective Sirte basin in Libya.

SpiceJet in alliance with IOC on May 05, 2005

Gail India Ltd and Indian Oil Corporation Ltd (IOC) sign a Joint venture agreement on May 11, 2005 for implementation of city gas projects in Agra and Lucknow.

IOC joins hands with Turkey co to bid for Tupras Refinery

Gulf Oil ties up with Indian Oil for sale of car care products

IOC purchases 4 mn barrels of Nigerian crude

IOC inks pact with Ashok Leyland for use of engine oils

Indian Oil Corporation (IOC) and National Sugar Cooperative Federation (NSCF) entered into a memorandum of understanding for ethanol supply.

BIAL, IOC tie up for fuel station.

IOC inks pact with U21Global to give management training to employees.

IOC joins hand with IFP to offer management programmes.

Indian Oil Corporation Ltd (IOC) has appointed Shri. S Sundareshan as Director of the Company with effect from May 28, 2007.

IndianOil signs MoU with government of Chattisgarh for commercial biodiesel production

IndianOil signs MOU with UAE Exchange

IndianOil signs agreement with Pragati Power for supply of R-LNG to Bawana Power Plant

IndianOil ties up with HUL for Kwality Walls Kiosks at Petrol Stations

IndianOil's MoU with Govt. focuses on ushering in cleaner and sustainable energy sources

IndianOil signs MoU with Transparency International India for implementing Integrity Pact

IndianOil’s "LNG at Doorstep" facility inaugurated at H&R Johnson

IndianOil moves up 11 places in the Fortune ‘Global 500’ list, ranked 105

IndianOil receives the MoU Excellence Award 2007-08

IndianOil and Adani Energy Limited (AEnL) sign MoU on City Gas Distribution

IndianOil Chairman Sarthak Behuria Conferred 'SCOPE Individual Excellence Award'

IndianOil signs MoU with PA LLC of Florida

Indian Oil Corporation has given the Bonus in the Ratio of 1:1

Indian Oil Corporation Ltd has appointed Mr. Sudhir Bhargava, Additional Secretary, Ministry of Petroleum and Natural Gas, Government of India as Director of the Company with effect from March 23, 2010.

Indian Oil Corporation Ltd has appointed Dr. R. K. Malhotra, as Director(Research & Development) of the Company with effect from August 05, 2010.

The historic Digboi Refinery bagged the third prize in the category of environmental campaign at the 33rd All India Public Relations Society of India Awards held at Nagpur (Maharashtra) recently.

Indian Oil Corporation Limited (IndianOil) has raised over Rs. 1,400 crore from the Indian Bond Markets after a gap of nearly two and half years.

IndianOil, India’s flagship energy corporate, continued to lead the set of Indian companies in the prestigious Fortune Global 500 listing of the world’s largest companies by sales for the year 2011 with an overall ranking of 98.

Oil India Limited (OIL) and Indian Oil Corporation (IOCL) have jointly acquired a stake in Carrizo’s liquid rich shale assets in the Niobrara basin in Colorado, USA through their wholly.

IndianOil (IOC) has now launched a new engine oil SERVO 4T SYNTH with advanced synthetic chemistry, for use by two-wheelers.

Petroleum & Natural Gas and Corporate Affairs launched IndianOil’s Mobile Healthcare Scheme, a Corporate Social Responsibility (CSR) initiative of IndianOil.

Indian Oil Corporation’s (IndianOil) Rural Mobile Health Scheme (Sachal Swasthya Seva), launched as part of its corporate social responsibility (CSR) agenda, was formally inaugurated on all-India basis.

IndianOil, India's largest commercial enterprise and the highest ranked Indian company in the Fortune ‘Global 500’listing, has bagged the coveted Corporate Sustainability Vision Award 2012.

IOC plans capacity expansion at Doimukh depot

IOCL inks MoU for Rs 5-k cr natural gas terminal in Odisha

IndianOil conferred SCOPE Meritorious Award for CSR and Responsiveness by the Hon'ble President of India

IndianOil R&D wins National Awards for Technology Innovation

IndianOil wins BML Munjal Award for Business Excellence

Indian Oil Corporation commenced construction work on its proposed 4 MW solar power project at Muttam village in the distric

IOC inks MoU with Nepal Oil Corporation

IOC signs agreement to buy stake in Taas-Yuriakh oil field.

IOC announces Rs 1.80-trn investment plan in next 6 years.

IOC gets USTDA grant for refinery modernisation.

IOCL board approves expansion of Barauni Refinery.

Indian Oil Corporation Ltd has informed issuance of bonus shares in the ratio of 1:1 i.e. one new bonus equity share of Rs. 10/- each for every one existing equity share of Rs. 10/- each held.

Indian Oil to set up 28 petrol outlets on TSRTC lands." & "IOC to set up ethanol plant in Panipat"

Indian Oil Corporation (IOCL) has decided to set up a second generation ethanol plant over an area of 50 acres at Panipat in Haryana,

IOC, LanzaTech sign deal to build off gas-to-bioethanol unit

IOC buys third shipload of US crude oil.

Indian Oil Corp announces of Bonus Shares in the ratio of 1:1.

IOC to buy 4% stake in LanzaTech.

IOCL providing LPG connections to Arunachal under PMUY.

Decks cleared for Indian Oil's Rs 800 crore ethanol plant in Gorakhpur.

IOCL gets environment clearance to set up Rs 766cr 2G ethanol plant in Panipat.

IOC sees 30% rise in LPG cylinder demand

Indian Oil Corporation receives upgrade in credit ratings.

Indian Oil Corporation acquires 5% stake of Indian Energy Exchange's subsidiary

Indian Oil Corp - Investment Approval For New Crude Oil Pipeline From Mundra (Gujarat) To Panipat (H).

IndianOil bags the Global Healthy Workplace Award as the first Indian PSU.

IndianOil launched 3rd phase of ‘Parivartan-Prison to Pride’.

IndianOil signs MoU with National Tiger Conservation Authority (NTCA) for Transcontinental Relocation of ‘Cheetah’ in its historical range in India.

IndianOil & NTPC sign agreement for powering IndianOil refineries with renewable energy.

IndianOil becomes the first Oil Marketing Company to produce and market AVGAS 100 LL in the country.

Indian Oil Corporation Limited has informed the Exchange regarding ''Formation of Joint Venture Companies for setting up Compressed Biogas (CBG) projects''.

IndianOil launches benefits & services for Maruti Suzuki Rewards members.

IndianOil welcomes World No. 1 Para-Archer, Ms. Sheetal Devi, into its Illustrious Sporting Roster

IndianOil enters into MoU with Paralympics Committee of India; pledges support to the Indian Contingent of Para Athletes

IndianOil launches Phase V of ‘Parivartan- Prison to Pride’ & Phase II of ‘Nayi Disha - Smile for Juvenile.