Indian Oil Corporation Limited (IOCL), commonly known as IndianOil is an Indian government owned oil and gas company headquartered in New Delhi. It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore (USD 2.848 billion) for the financial year 2016–17. It is ranked 1st in Fortune India 500 list for year 2016 and 117th in Fortune Global 500 list of world’s largest companies in the year 2019. As of 31 March 2017 IndianOil’s employee strength is 33,135, out of which 16,545 are in the officer cadre. 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.
Sarkari Job Contents
Apprentice Vacancies 2020
Brief Information of this Sarkari Job in 2020
Indian Oil Corporation Limited (IOCL), Marketing Division has published notification for the recruitment of Trade Apprentice, Technician Apprentice, Non Technical Trade Apprentice Vacancies. Those Candidates who are interested in the vacancy details & completed all eligibility criteria can read the Notification & Apply Online.
|Post Name||IOCL Apprentice Online Form 2020|
Vacancy Details of this Sarkari Job in 2020
|Sr.||Post Name||No.of Posts||Qualification||Age Limit|
|1||Goa||09||Diploma (Relevant Discipline)||18 to 24 Years|
|2||Chhattisgarh||14||Diploma (Relevant Discipline)||18 to 24 Years|
|3||Madhya Pradesh||64||Diploma (Relevant Discipline)||18 to 24 Years|
|4||Gujarat||113||Diploma (Relevant Discipline)||18 to 24 Years|
|5||Maharashtra||297||Diploma (Relevant Discipline)||18 to 24 Years|
|6||UT of Dadra & Nagar Haveli||03||Diploma (Relevant Discipline)||18 to 24 Years|
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.
IndianOil has ventured into alternative energy and globalisation of downstream operations. It has subsidiaries in Sri Lanka (Lanka IOC), Mauritius (IndianOil (Mauritius) Ltd) and the Middle East (IOC Middle East FZE).
In May 2018, IOCL become India’s most profitable state-owned company for the second consecutive year, with a record profit of ₹21,346 crore in 2017-18, followed by Oil and Natural Gas Corporation, whose profit stood at ₹19,945 crore. In February 2020, the company signed a deal with the Russian oil company Rosneft to buy 40,000 barrels per day of crude in year 2020.
There are 7 major Business Divisions in the organisation:
- Refineries Division
- Pipelines Division
- Marketing Division
- R&D Division
- Petrochemicals Division
- Exploration & Production (E&P) Division
- Explosives and Cryogenics Division
Products and services
Indian Oil accounts for nearly half of India’s petroleum products market share, 35% national refining capacity (together with its subsidiary Chennai Petroleum Corporation Ltd., or CPCL), and 71% downstream sector pipelines through capacity. The Indian Oil Group owns and operates 11 of India’s 23 refineries with a combined refining capacity of 80.7 million tonnes per year. Indian Oil’s cross-country pipeline network, for transport of crude oil to refineries and finished products to high-demand centres, spans over 13,000 km The company has a throughput capacity of 80.49 million tonnes per year for crude oil and petroleum products and 9.5 million cubic metre per day at standard conditions for gas. On 19 November 2017, IOC, in collaboration with Ola, launched India’s first electric charging station at one of its petrol-diesel stations in Nagpur. Indian governments’ National Electric Mobility Mission Plan launched in 2013 aims at gradually ensuring a vehicle population of 6 to 8 million electric and hybrid vehicles in India by 2020.