INDIANOIL PETRONAS PRIVATE LIMITED is a joint venture company, promoted by two FORTUNE 500® oil majors, one of them being Indian Oil Corporation Limited (IOCL) and the other being Petroliam Nasional Berhad (PETRONAS), Malaysia, the national oil company of Malaysia. The Joint Venture which came into existence in August 1997 with an agreement under the aegis of the Ministry of Petroleum and Natural Gas, was formally incorporated on 3rd December 1998, by the formation of a Private Limited Company, with an agreement of 50:50 equity participation of both the promoting companies. It’s a journey from being an Oil and Gas Company in India to a Fortune 500 oil refining, exploration, and marketing conglomerate.
INDIANOIL PETRONAS PRIVATE LIMITED (IPPL) is a joint venture of two Fortune 500® Companies of Indian Oil Corporation Ltd., India and Petroliam Nasional Berhad (Petronas), Malaysia, with its quest for excellence in Quality, Service, with Transparent Pricing, thereby providing Total Customer satisfaction. We use advanced technologies and take an innovative approach to help build a sustainable future filled with green energy.