Indian Oil Corporation

Indian Oil Corporation Limited. ( IOCL ) is an Indian oil company with headquarters in New Delhi.

The company was founded in 1964 by the merger of Indian Oil Company Ltd.. (founded in 1959) and Indian Refineries Ltd.. (founded in 1958).

IOCL is the largest oil companies from India. In the company around 36,200 employees (as of 2006) employs. The majority of the company is controlled by the Indian government.

IOCL has refineries in Panipat, Mathura, Barauni, Guwahati, Haldia, Vadodara and Digboi, the / 2008 processed 47.4 million tons of crude oil in fiscal 2007. IOCL holds control shares in an Indian company, CPLC, Ltd.. , Which operates among other refineries in Chennai.

The company was listed in 2007 at No. 135 of the Fortune Global 500.