Mr. R.S. Butola is the Chairman of Indian Oil Corporation Ltd., India’s flagship oil & gas major and the largest commercial enterprise in India. He also heads IndianOil’s group companies - Chennai Petroleum Corporation Ltd. and IOT Infrastructure & Energy Services Ltd. – and industry organisations such as Petroleum Federation of India (PetroFed).
In a career spanning almost three decades, out of which two decades are in the hydrocarbon industry, Mr. Butola has gained versatile experience in all facets of hydrocarbon industry ranging from project development and execution to commercial closures.
Before joining IndianOil, Mr. Butola was the Managing Director 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.
At IndianOil, Mr. Butola is spearheading an enterprise wide exercise aimed at strengthening internal systems by optimizing the supply chain and achieving zero process interruption. He is navigating the Company in times of unprecedented challenges being faced by oil & gas companies with particular focus on building bench strength in its core businesses besides acquiring competencies to manage new businesses such as E&P, Nuclear energy, renewables, etc.
Mr. Butola is widely travelled, an avid reader and an astute thinker in the energy industry with a rare insight into both upstream and downstream sectors.