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If you are an expert in Oil related then this is for you. Let us know if you looking for a job change? Then do not worry, we’ve a right answer for your job interview preparation. If you are preparing for IOCL job interview then go through Wisdomjobs interview questions and answers page. IOCL represents Indian Oil Corporation Limited is a registered gas company. It has its outlets everywhere in India. Mainly in petrol bunks they require men to fill the positions. There are also technical jobs as well which are related to Junior Operators, Administration, Accounts. Notifications are published when there are positions to fill. Below are the IOCL interview questions and answers which makes you comfortable to face the interviews:
Indian Oil Corporation (Indian Oil) is India’s Largest Commercial Enterprise. Indian Oil’s business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, and marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals. As India’s flagship national oil company, with a 33,000-strong work-force currently, Indian Oil has been meeting India’s energy demands for over half a century. With a corporate vision to be ‘The Energy of India’ and to become ‘A globally admired company,’ Indian Oil’s business interests straddle the entire hydrocarbon value-chain – from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals, besides forays into alternative energy and globalization of downstream operations. Having set up subsidiaries in Sri Lanka, Mauritius and the UAE, the Corporation is simultaneously scouting for new business opportunities in the energy markets of Asia and Africa. It has also formed about 20 joint ventures with reputed business partners from India and abroad to pursue diverse business interests.
The company headquarters is situated at New Delhi, India.
This Company was established in 1959.
Sanjiv Singh is the Chairman of Indian Oil Corporation Ltd, the nation’s largest company. Shri B. Ashok is the Managing Director of Indian Oil Corporation Limited.
The company’s revenue as of the financial year 2015-16 is ₹4.45526 trillion (US$69 billion). And the profit in the same year was ₹105.50 billion (US$1.6 billion).
Indian Oil’s business interests overlap the entire hydrocarbon value-chain, including refining, pipeline transportation, and marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals. Also, Indian Oil has ventured into alternative energy and globalization of downstream operations. Also it offers Fuels, lubricants, petrochemicals.
The Company works under The Ministry of Petroleum and Natural Gas of the central government.
Indian Oil Corporation has two major domestic competitors, Bharat Petroleum and Hindustan Petroleum. Both are state-controlled, like Indian Oil Corporation. There are two private competitors: Reliance Industries and Essar Oil.
IOCL has various refineries across India:
Indian Oil Corporation Limited was in the recent business news as it entered into the elite league of corporate entities with a market value of over Rs 2 lakh crore after the stock price of the company hit new high on the BSE. The company surpassed the fast moving consumer goods (FMCG) major Hindustan Unilever (HUL), which held m-cap of Rs 200,202 crore at 10:36 am.Thus far in the calendar year 2017, the stock has outperformed the market by surging 29% against 11% rise in the benchmark index.
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