IndianOil Logo — Indian Oil Corporation , Ltd.. ( 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 1959) and Indian Refineries Ltd.. (founded 1958). IOCL is the largest petroleum companies in India. The companies are about 36,200 people (as of 2006) deals.
IOCL has refineries in Panipat , Mathura , Barauni , Guwahati , Haldia , Vadodara and Digboi , processed in fiscal year 2007/2008 47.4 million tons of crude oil. IOCL control share holding in the Indian company CPLC , Ltd.., including the Refineries in Chennai operates.
The company was founded in 2007 at number 135 of the Fortune Global 500 listed.