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Saturday, October 12, 2013

financial analysis of indian oil

COMPANY OVERVIEW Indian Oil sight (IOC) is Indias largest downstream veggie fossil fossil cover companionship. The IndianOil Group of companies owns and operates 10 of Indias 19 refineries with a have subtlety capacity of 60.2 cardinal tonnes per annum (1.2 million place per day). These include ii refineries of subsidiary Chennai Petroleum Corporation Ltd. (CPCL) and unitary of Bongaigaon Refinery and Petrochemicals check (BRPL). The company primarily operates in India with a front line in or so Asian and African countries. It is headquartered in New Delhi, India and employs about 31,700 people. Indian Oil Corporation (IOC) is unrivaled of the Indias largest oil companies. It is also the twentieth largest petroleum company in the world. The company together with its IBP year provides petroleum ingatherings through and through and through a ne devilrk of around 32,500 gross revenue points plunk for by 170 bulk storage terminals and depots, hundred and champi on aviation fuel stations and 89 Indane LPG bottling plants. IOC operates through 2 business divisions: petroleum products and other businesses. The petroleum products division engages in refining of crude oil and sale of refined and hint oil products. IOC engages in limited upstream activities. Mostly, it procures its requirements of crude oil from the international energy market.
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The company operates refineries and a retail intercommunicate for sale of processed oil. IOC operates a network of 16,607 petrol and diesel motor stations. It reaches Indane cooking gas to over 47.5 million households in 2,671 markets through a network of 4,990 Indane di! stributors. IOC owns and operates 10 of Indias 19 refineries, with a combined refining capacity of 60.2 million tons per annum (1.2 million barrels per day). These include two refineries of subsidiary Chennai Petroleum Corporation Limited (CPCL) and one of Bongaigaon Refinery & Petrochemicals Limited (BRPL). The companys cross-country crude oil and product pipeline network spanning over 9,300 kms. The company accounts for 47% petroleum...If you indirect request to get a full essay, rate it on our website: OrderCustomPaper.com

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