Reliance Petroleum Case Study

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CHAPTER: 1 EXECUTIVE SUMMARY Petroleum is one of the primary sources of energy. It is the back bone of industries. It goes through a long chain from exploration to retailing- before it is available for usage in different forms. In our country, the Refining business is primarily dominated by Public Sector Undertaking Companies like Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), etc. Apart from PSUs, major player in this sector is Reliance Petroleum. All refineries need crude oil as basic raw material. They have to import it in large quantities to meet their requirements. For this purpose they need huge oil tankers to do this job Shipping is perhaps the most international of the…show more content…
is a public sector company which is engaged in the sale of petroleum products. Other businesses in which company deals is the sale of imported crude oil, sale of gas, petrochemicals and oil and gas exploration activities jointly undertaken in the form of unincorporated joint venture. It is India’s largest commercial enterprise by sales with a profit of Rs. 7,019 crore for the year 2013-14. It is ranked at 96th position in prestigious Fortune Global 500 listing, highest ranked Indian Company IOC and Chennai Petroleum Corporation Ltd. (CPCL, its subsidiary) have 31% national refining capacity, 71% downstream sector pipelines through capacity and 49% of India’s petroleum products share in the market. Out of 22 refineries Indian Oil owns and operates 10 of them and has refining capacity of 1.31 million barrels per day. The various products of Indian Oil includes petrol, diesel, aviation turbine fuel, lubricants, naphtha, bitumen, paraffin, kerosene, etc. It also includes Indane LPG cooking gas, SERVO lubricants, XTRAMILE diesel, XTRA PREMIUM petrol, PROPEL petrochemicals, etc. Each of these has developed themselves as a powerful brand. SERVO and Indane has developed a status of powerful

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