#1
August 29th, 2016, 03:37 PM
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IOCL Objectives
Hello sir I am Hiten and I am here as I want to know the Objectives of Indian Oil Corporation Ltd so will you please tell me the Objectives??
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#2
August 29th, 2016, 03:37 PM
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Re: IOCL Objectives
Hey!! Indian Oil Corporation is India’s Largest Commercial Enterprise that was founded in 1964 Objectives of this Company are the following: -To serve the national interests in oil and related sectors in accordance and consistent with Government policies. -To ensure maintenance of continuous and smooth supplies of petroleum products by way of crude oil refining, transportation and marketing activities and to provide appropriate assistance to consumers to conserve and use petroleum products efficiently. -To enhance the country's self-sufficiency in crude oil refining and build expertise in laying of crude oil and petroleum product pipelines. -To further enhance marketing infrastructure and reseller network for providing assured service to customers throughout the country. -To create a strong research & development base in refinery processes, product formulations, pipeline transportation and alternative fuels with a view to minimizing/eliminating imports and to have next generation products. -To optimise utilisation of refining capacity and maximize distillate yield and gross refining margin. -To maximise utilisation of the existing facilities for improving efficiency and increasing productivity. -To minimise fuel consumption and hydrocarbon loss in refineries and stock loss in marketing operations to effect energy conservation. -To earn a reasonable rate of return on investment. -To avail of all viable opportunities, both national and global, arising out of the Government of India’s policy of liberalisation and reforms. -To achieve higher growth through mergers, acquisitions, integration and diversification by harnessing new business opportunities in oil exploration & production, petrochemicals, natural gas and downstream opportunities overseas. -To inculcate strong ‘core values’ among the employees and continuously update skill sets for full exploitation of the new business opportunities. -To develop operational synergies with subsidiaries and joint ventures and continuously engage across the hydrocarbon value chain for the benefit of society at large. IndianOil for Businesses -Bulk / Industrial Fuels -Aviation Fuel -Marine Oils -Bitumen -SERVO Lubes & Greases -Fuel Mgmt / Consumer Pumps -Commercial / Reticulated LPG -Non-Fuel Alliances -Loyalty Programmes -Natural Gas -Petrochemicals -Special Products -Cryogenics -Non-PDS Superior Kerosene Oil -Explosives -Consultancy |
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