Indian Oil Corporation Limited
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOIthat has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals.It has the leadership position in the Oil refining & petroleum marketing sector of India.
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Indian Oil Corporation Limited has successfully completed the redemption and fulfilled its payment obligations for its commercial paper units totaling 6,000 units with ISIN INE242A14ZA0.
IndianOil is deploying major capital in Odisha: ₹13,805 Cr for an ongoing Paraxylene-PTA project at Paradip, adding to ₹43,359 Cr already invested in refining/petrochemicals. Further ₹4,382 Cr planned for a textile park and ₹1,064 Cr for pipeline infra, driving growth.
IndianOil reports provisional 2025-26 operational highs: 75.4 MMT crude throughput, 105.3 MMT pipeline throughput. Consolidated sales volume grew 4% to 104.4 MMT. Lubes sales jumped 15% to 855 TMT, outperforming the industry.
Indian Oil signed an LOI with Akasa Air to explore future Sustainable Aviation Fuel (SAF) supply. This collaboration aims to support Akasa Air's sustainability goals and reduce aviation's greenhouse gas emissions.
Indian Oil's JV, Urja Bharat Pte Limited (UBPL), announced two significant light crude oil discoveries in Abu Dhabi's Onshore Block 1. Discoveries were made in the Unconventional Shilaif play and Habshan reservoir, establishing new unconventional oil resources. Appraisal and potential development will follow.