Pandey releases special edition on IndianOil's Golden Journey
Jammu   06-Sep-2009
To commemorate the 50 glorious years a special edition Golden Jubliee publication - capturing the chronicle of IndianOil - the historical hues, memories, triumphs and milestones of the long and eventful journey of IndianOil while specifically focusing on the IndianOil Refineries - was realised by Secretary, MoP& MG, Mr. R. S. Pandey at the special function in New Delhi marking the incorporation of Indian Refineries Limited in 1958. Speaking on the occasion, Director (Refineries), Mr. B. N. Bankapur said that the story of the evolution of IndianOil and the jewels in its crown - the Indian Oil Refineries, is recounted in this special publication to inspire and make every member of the IndianOil family and every Indian proud of IndianOil's achievements and stature in the global petroleum scenario. Established as an oil marketing entity on June 30, 1959, IndianOil company ltd. was merged with Indian Refineries ltd., established in August 1958 (thus leading oil, the establishment of the IndianOil on September 1, 1964. The intergraded Refining & marketing entity has since grown into the country's largest commercial enterprise and is also the highest ranked Indian company in the prestigious Fortune 'Global 500' listing, having moved up 11 places to the 105th position in 2009.