New Chairman takes over responsibility at IndianOil
New Delhi   04-Mar-2011

R.S.Butola has taken over as Chairman of IndianOil, India's flagship oil & gas major. Before joining IndianOil, Butola was the MD of ONGC Videsh Ltd. (OVL). Under his stewardship, OVL built a formidable E&P portfolio comprising both discovered and producing assets in over 15 countries. In a career spanning about three decades out of which two decades is in the hydrocarbon industry, Butola has shouldered various responsibilities prominent among which are the appraisal and evaluation of the Mumbai High Redevelopment Scheme as well as the implementation of ONGC's first ERP. Butola holds a MBA from FMS, Delhi and is Certified Associate of the Indian Institute of Bankers (CAIIB).