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Indian Oil Corporation
4.4
based on 3.2k Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at Indian Oil Corporation
Company Summary
IndianOil, is an integrated oil company in India and across the globe has its presence in almost all the streams of oil, gas, petrochemicals, and alternative energy sources.
Overall Rating
4.4/5
based on 3.2k reviews
13% above
industry average
Highly rated for
Company culture, Job security, Work-life balance
Work Policy
Work from office
76% employees reported
Monday to Saturday
59% employees reported
Strict timing
53% employees reported
No travel
44% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
214 employees reported
Office cab/shuttle
119 employees reported
Health insurance
116 employees reported
Professional degree assistance
97 employees reported
View all benefits
About Indian Oil Corporation
Founded in1959 (66 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersDelhi/NCR, Delhi, India
Office Locations
Websiteiocl.com
Primary Industry
Other Industries
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View in video summary
Indian Oil is India's #1 oil refiner. Of India's 20 refineries, the company owns 10, which have a combined capacity of 67.7 million metric tons per year (34% of India's total refining capacity). The group also owns more than 10,900 kilometers of pipeline and operates a chain of some 18,640 gas stations across India. India's largest commercial enterprise, Indian Oil has 71% of India's downstream pipeline throughput capacity, and its network of 35,600 retail outlets represents 49% of the country's petroleum products market share. The group also provides cooking gas to more than 50 million households. The company also has a 63% market share of India aviation fuel sector.
Mission: To serve the national interests in oil and related sectors in accordance and consistent with Government policies and ensure maintenance of continuous and smooth supplies of petroleum products by way of crude oil refining, transportation and marketing activities.
Vision: Indian Oil nurtures the core values of Care, Innovation, Passion, Trust across the organization in order to deliver value to its stakeholders.
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Indian Oil Corporation Ratings
based on 3.2k reviews
Overall Rating
4.4/5
How AmbitionBox ratings work?
5
2k
4
681
3
290
2
73
1
106
Category Ratings
4.2
Company culture
4.2
Job security
4.2
Work-life balance
4.2
Skill development
4.2
Work satisfaction
4.0
Salary
3.8
Promotions
Indian Oil Corporation is rated 4.4 out of 5 stars on AmbitionBox, based on 3.2k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Indian Oil Corporation
based on 2.9k reviews
4.6
Rated by 277 Women
Rated 4.4 for Work-life balance and 4.4 for Company culture
4.4
Rated by 2.6k Men
Rated 4.2 for Work-life balance and 4.2 for Company culture
Work Policy at Indian Oil Corporation
based on 353 reviews in last 6 months
Work from office
76%
Hybrid
13%
Permanent work from home
11%
Indian Oil Corporation Reviews
Top mentions in Indian Oil Corporation Reviews
+ 5 more
Compare Indian Oil Corporation with Similar Companies
 |  Change Company |  Change Company |  Change Company | |
|---|---|---|---|---|
Overall Rating | 4.4/5 based on 3.2k reviews | 4.0/5 based on 2.4k reviews  | 4.0/5 based on 17.4k reviews | 4.1/5 based on 1.8k reviews |
Highly Rated for | Skill development Work-life balance Job security | Work-life balance Company culture Salary | Job security Skill development Work-life balance | Skill development Work-life balance Salary |
Critically Rated for |  No critically rated category | Promotions | Promotions | No critically rated category |
Primary Work Policy | Work from office 76% employees reported | Hybrid 82% employees reported | Work from office 79% employees reported | Work from office 79% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 277 women | 4.0 Good rated by 496 women | 3.8 Good rated by 1.2k women | 4.2 Good rated by 175 women |
Rating by Men Employees | 4.4 Good rated by 2.6k men | 4.0 Good rated by 1.7k men | 4.0 Good rated by 15.3k men | 4.1 Good rated by 1.5k men |
Job security | 4.2 Good | 3.4 Average | 4.1 Good | 3.8 Good |
View more
Indian Oil Corporation Salaries
Indian Oil Corporation salaries have received with an average score of 4.0 out of 5 by 3.2k employees.
Project Assistant
(127 salaries)
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₹2.4 L/yr - ₹5 L/yr
Computer Operator
(118 salaries)
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₹0.7 L/yr - ₹4.3 L/yr
Accountant
(108 salaries)
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₹1 L/yr - ₹4.2 L/yr
Safety Officer
(87 salaries)
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₹1.9 L/yr - ₹6 L/yr
Mechanical Engineer
(82 salaries)
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₹1.3 L/yr - ₹6.9 L/yr
Data Entry Operator
(63 salaries)
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₹0.7 L/yr - ₹3.2 L/yr
Trainee
(63 salaries)
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₹1 L/yr - ₹5 L/yr
Junior Engineer
(58 salaries)
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₹2.9 L/yr - ₹12.5 L/yr
Supervisor
(56 salaries)
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₹1.5 L/yr - ₹4.2 L/yr
Accounts Officer
(51 salaries)
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₹7.6 L/yr - ₹21 L/yr
Indian Oil Corporation Interview Questions
A Trade Apprentice was asked 4mo agoQ. What material are nose pliers made of?
An Industrial Trainee was asked Q. What is VLOOKUP in Excel and how do you use it?
A Cost Trainee was asked Q. What is Asset Monetization?
A Diploma Mechanical Engineer was asked Q. What is a screw pump?
An is Officer was asked Q. What are the differences between Windows 7 and Windows 8?
Indian Oil Corporation News
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Iran-Israel Tensions: Indian Oil, Asian Paints, IndiGo & More — Stocks Likely To Be Impacted
- Tensions between Israel and Iran could impact global oil supply chains through the critical Strait of Hormuz.
- The Strait of Hormuz is a vital maritime chokepoint through which significant amounts of global oil pass.
- Iran's history of targeting merchant ships in the Strait has raised concerns about disruptions.
- Countries like Saudi Arabia, Iraq, and the UAE heavily depend on the Strait for oil and gas exports.
- Approximately one-third of global seaborne oil moves through the Strait, affecting energy markets worldwide.
- India, with two-thirds of its oil imports and half of LNG imports via the Strait, faces challenges if supply is disrupted.
- Potential consequences include surging global oil and gas prices, impacting countries like India.
- Stocks that might be negatively affected include oil & gas companies, paint manufacturers, tyre firms, lubricant producers, and aviation companies.
- Higher oil prices could lead to margin pressures for various industries relying on crude derivatives.
- Companies such as Indian Oil Corp, Asian Paints, IndiGo, and others may see adverse impacts on margins.
Bloomberg Quint | 13 Jun, 2025
Israel-Iran Conflict: HPCL, BPCL, IOC See Red On Dalal Street
- Shares of oil marketing companies like HPCL, BPCL, and IOC fell on Friday as a result of Israel's airstrikes on Iran's nuclear power plants.
- The airstrikes by Israel have heightened the conflict over Tehran's nuclear program, increasing the risk of a new war in the Middle East.
- Israeli Prime Minister Benjamin Netanyahu declared a special 'State of Emergency' in response to the airstrikes on Iran.
- Gold prices and safe-haven assets surged following the airstrikes, indicating heightened fears of escalating conflict in the region.
- The US embassy in Iraq is being evacuated and non-essential embassy personnel in Bahrain and Kuwait are ordered to leave amid the escalating tensions.
- The British Navy issued a warning to ships in the Persian Gulf, Gulf of Oman, and the Strait of Hormuz due to the volatile situation.
- Global markets are reacting to the increased geopolitical risks as a result of the Israel-Iran conflict.
Bloomberg Quint | 13 Jun, 2025
Petrol, Diesel Prices Unchanged On June 13; Here's How Much You Pay For Fuel Now
- Petrol and diesel prices remained unchanged on June 13 in major cities like Delhi, Mumbai, Chennai, and Kolkata.
- In Mumbai, petrol is priced at Rs 103.50 per litre, with diesel costing Rs 90.03.
- Delhi sees petrol at Rs 94.77 per litre and diesel at Rs 87.67.
- Fuel prices in India have been steady since May 2022 after reductions in fuel taxes by the central and state governments.
- Oil marketing companies like Indian Oil Corporation review petrol and diesel prices daily based on global crude oil prices and exchange rates.
- Price revisions follow the dynamic fuel price methodology considering international crude prices, exchange rates, demand, and trade flow.
- Crude oil prices rose following reports of an Israeli airstrike in Iran, reaching $73.01 for Brent crude.
- Brent crude had dropped to below $59 in May but has recovered from lows observed in recent months due to various geopolitical and economic factors.
- Despite some recovery, crude prices remain lower due to ongoing trade conflicts and changes in OPEC+ strategy.
Bloomberg Quint | 13 Jun, 2025
Petrol, Diesel Prices Unchanged On June 12; Here's How Much You Pay For Fuel Now
- Fuel prices remained unchanged on June 12 across all metro cities in India.
- The last significant adjustment in petrol prices was in March 2024 when there was a Rs 2 per litre reduction.
- As of June 12, 2025, in Delhi, petrol is priced at Rs 94.77 per litre, while diesel costs Rs 87.67.
- In Mumbai, petrol is sold at Rs 103.50 per litre, and diesel is priced at Rs 90.03.
- Chennai has petrol priced at Rs 100.80 a litre and diesel at Rs 92.39.
- Petrol in Kolkata costs Rs 105.41 per litre, while diesel is at Rs 92.02.
- Despite tensions in the Middle East impacting crude prices, oil rates have been stable in India since May 2022 due to reduced fuel taxes by the central and state governments.
- Oil marketing companies like Indian Oil Corporation adjust petrol and diesel prices daily based on global crude prices and exchange rates.
- International factors such as crude prices, currency exchange rates, demand, and global trade flows influence fuel price revisions.
- Brent crude rose to $70.01 amid Middle East tensions, following a 5% increase in the previous day.
- Crude prices had dropped below $59 in May, the lowest since February 2021, but have since recovered partially.
- US-Iran tensions and trade conflicts continue to impact oil prices, with OPEC+ changing its strategy to adapt to market conditions.
Bloomberg Quint | 12 Jun, 2025
Petrol, Diesel Prices Unchanged On June 11; Here's How Much You Pay For Fuel Today
- Petrol and diesel prices remained unchanged across all metro cities on June 11, 2025.
- In Mumbai, petrol is priced at Rs 103.50 per litre, and diesel costs Rs 90.03.
- Fuel prices have remained steady in India since May 2022 due to reduced fuel taxes by the central and state governments.
- Oil marketing companies like Indian Oil Corporation review petrol and diesel prices daily based on global crude oil prices and exchange rates.
Bloomberg Quint | 11 Jun, 2025
Subimal Mondal appointed president & group CHRO, Deepak Group
- Subimal Mondal has been appointed as president and group CHRO of Deepak Group.
- Mondal, with a background in Mechanical Engineering and an MBA, has extensive experience in HR roles, including a long tenure at Indian Oil Corporation.
- He is joining the multi-division and multi-product Deepak Group, based in Gujarat and Maharashtra, as a part of the leadership team.
- Mondal aims to drive performance-driven human practices and create an innovative working environment at Deepak Group.
HRKatha | 9 Jun, 2025
Indian oil marketing companies to raise ethanol procurement order to 1,050 crore litres
- Indian oil marketing companies are set to raise their ethanol procurement order to 1,050 crore litres to meet blending targets.
- The government aims to achieve 20% ethanol blending by the ethanol supply year 2025-26, with the current year's rate already surpassing 18.5%.
- Due to the decision to increase rice for ethanol production from the Central Pool stock, OMCs should have requested 130 crore litres instead of the initial 50 crore litres based on the allocated rice quantity.
- With the higher rice allocation, distilleries can produce nearly 245 crore litres of ethanol, requiring an estimated government subsidy of ₹10,000 crore for the OMCs' procurement at the set price of ₹58.50/litre.
HinduBusinessLine | 6 Jun, 2025
IATA, ISMA and Praj Industries to work on global best practices on feedstock use
- Praj Industries, IATA, and ISMA collaborate to focus on conducting a life cycle assessment of Sustainable Aviation Fuel (SAF) derived from Indian sugarcane.
- Partnership aims to determine an accurate Carbon Intensity (CI) number for SAF produced using Indian sugarcane, measuring greenhouse gas emissions per unit of energy.
- Praj Industries has made progress in SAF development in India through partnerships with Indian Oil Corporation and AirAsia India.
- India aims for 2% SAF blending for international flights by 2028, with IATA expecting SAF production to reach 2 million tonnes by 2025, adding $4.4 billion to the fuel bill globally.
HinduBusinessLine | 4 Jun, 2025
Chennai Petroleum Corporation to invest ₹400 cr initially for petrol/diesel direct retail
- Chennai Petroleum Corporation plans to invest ₹400 crore initially for petrol/diesel direct retail with a cautious approach based on market demand and conditions.
- The company aims to diversify and mitigate risks by venturing into direct retail outlets, focusing on brand building, alternative energy sources, and evaluating options like auto LPG and EV charging.
- CPCL's current production is mainly supplied to Indian Oil, with 8% directed towards direct marketing products, including specific fuels for the defence sector.
- Anticipating an increase in the direct marketing ratio, CPCL foresees the retail outlets plan to contribute to a rise of 5-10 percentage points in the next few years based on planned volumes.
HinduBusinessLine | 4 Jun, 2025
Petrol, Diesel Prices Unchanged On June 2; Here's How Much You Pay For Fuel Now
- Fuel prices remained unchanged on June 2, 2025, in major metro cities like Delhi, Mumbai, Chennai, and Kolkata.
- In Mumbai, petrol is priced at Rs 103.50 per liter, while diesel costs Rs 90.03.
- The stability in fuel prices in India since May 2022 is attributed to reductions in fuel taxes by the central and state governments.
- Oil marketing companies like Indian Oil Corporation review petrol and diesel prices daily, with adjustments based on global crude oil prices and foreign exchange rates.
Bloomberg Quint | 2 Jun, 2025
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Indian Oil Corporation Subsidiaries
Chennai Petroleum Corporation
4.5
• 218 reviews
Report error
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Indian Oil Corporation FAQs
When was Indian Oil Corporation founded?
Indian Oil Corporation was founded in 1959. The company has been operating for 66 years primarily in the Oil & Gas sector.
Where is the Indian Oil Corporation headquarters located?
Indian Oil Corporation is headquartered in Delhi/NCR, Delhi. It operates in 21 cities such as New Delhi, Panipat, Vadodara, Mumbai, Mathura. To explore all the office locations, visit Indian Oil Corporation locations.
How many employees does Indian Oil Corporation have in India?
Indian Oil Corporation currently has more than 30,000+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in Indian Oil Corporation based on the number of reviews submitted on AmbitionBox.
Does Indian Oil Corporation have good work-life balance?
Indian Oil Corporation has a work-life balance rating of 4.2 out of 5 based on 3,100+ employee reviews on AmbitionBox. 85% employees rated Indian Oil Corporation 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Indian Oil Corporation work-life balance reviews for more details.
Is Indian Oil Corporation good for career growth?
Career growth at Indian Oil Corporation is rated fairly well, with a promotions and appraisal rating of 3.8. 85% employees rated Indian Oil Corporation 4 or above, while 15% employees rated it 3 or below on promotions / appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Indian Oil Corporation promotions / appraisals reviews for more detailed insights.
What are the pros of working in Indian Oil Corporation?
Working at Indian Oil Corporation offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and skill development, based on 3,100+ employee reviews on AmbitionBox.
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