IOCL empowering India’s energy industry

Organisations Name : Indian Oil Corporation Ltd. (IOCL)
Head of the Organisation: SHRIKANT MADHAV VAIDYA
Designation: Chairman

Services Offered: Refining, Pipelines, Marketing, R&D Centre, Petrochemicals, Natural Gas, E&P, Explosives, Cryogenics

IndianOil is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources. Its business interests encompass the entire hydrocarbon value chain- from refining, pipeline transportation & marketing, to exploration & production of crude oil & gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations.

IndianOil has partnered with an Israeli start-up company Phinergy to manufacture Aluminum-Air systems in India to boost the "Make in India" initiative and recycle used Aluminum to strengthen India's energy security. This partnership will help India towards clean, sustainable, affordable, safe, and long-lasting energy options and facilitate faster adoption of e-Vehicles. In another partnership, IndianOil with its patented Drag Reducing Agents (DRA) technology will help Dorf Ketal Chemicals India to manufacture DRA. This will provide a boost to Atmanirbhar Bharat initiative as it will serve the Indian hydrocarbon industry in competing with MNC's and catering to the growing global demand thus expanding the Indian revenue cycle support.