[merged subsidiary of Indian Oil] IBP was originally founded by Abdul Karim Abdul Shakur Jamal under the name of Jamal`s oil Company limited and was renamed as Indo-Burma Petroleum Company limited in 1909. On 2 May 2007, IBP was merged with Indian Oil ==History== IBP Co.Limited got merged with its parent company `Indian Oil Corporation Limi... Found on http://en.wikipedia.org/wiki/IBP_(merged_subsidiary_of_Indian_Oil)