Indian Oil Corporation, the main business includes refining, sales and engaging in international trade activities, products include crude oil, oil, lubricant, and other petroleum products.
Indian Petroleum Corporation was formerly Indian Government India Refining Co., Ltd. established in 1958.
After 1961, the government announced the ban on private companies from importing oil and petroleum products, and Indian Petroleum Corporation began to monopolize.Simla Investment
After the outbreak of the Petroleum crisis in 1973, the role of Indian Petroleum in India’s economic life increased rapidly.
In 1976, he took over the Burmese Shell Refining Company in Bombay and the Kaltix Refinery in Vizagapatnam.
In the late 1980s, India’s oil consumption continued to increase at a rate of 8%per year.
The oil market in the 1990s was even more unpredictable, and its oil price was closely linked to the political form of the world.Jaipur Stock
On July 19, 2018, the World Fortune 500 rankings were released, and Indian Petroleum was ranked 137th.Kolkata Stocks
In July 2019, the World Fortune 500 rankings were released, and Indian Petroleum and Natural Gas Company ranked 160th.
On May 13, 2020, Indian Petroleum ranked 389th.
On September 23, 2021, Indian oil ranked 153rd in the 2021 "Fortune 500 Asian Brand".
On March 18, 2023, the "3rd Grand View · Kewei is the Fortune 900 of the World Brand", the brand value of Indian Oil Corporation is RMB 287.17 billion, ranking 78th.Chennai Stock
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