Monday, Mar 01, 2021 | Last Update : 10:08 AM IST

indian oil corp

50% of state-run fuel stations will be solar powered in five years: Oil minister

They have currently installed a combined 270 MW of solar power capacity and will add 60 MW more capacity in the coming year, Pradhan said

09 Sep 2020 6:42 AM

Indian Oil Corp-chartered oil tanker catches fire off Sri Lanka

The ship had sailed from the port of Mina Al Ahmadi in Kuwait, carrying Kuwait Export Crude, Refinitiv Eikon ship tracking data showed

03 Sep 2020 4:11 PM

Fuel demand may take at least 6-9 months to rebound to normal levels: IOC

Fuel sales had fallen by a record 45.8 per cent in April when a nationwide lockdown was in place to check the coronavirus infections

05 Aug 2020 9:50 AM

Indian refineries face shutdowns as fuel demand drops

In July, however, local demand growth has slowed because of high fuel prices, renewed lockdown in parts of the country

29 Jul 2020 10:31 AM

Oil marketing companies shares drop 13%, after hike in excise duty on petrol, diesel

Hindustan Petroleum Corporation Ltd shares tanked 13 percent, Bharat Petroleum plunged 9.99 percent and Indian Oil dropped 7.49 percent

07 May 2020 9:24 AM

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No shortage of LPG cylinders, enough stock of petrol, diesel during lockdown: IOC

With most cars and two-wheelers going off the road, petrol demand has fallen by 8 per cent in March while diesel demand down 16 per cent

29 Mar 2020 11:08 AM

Indian Oil Corp seeks six LNG cargoes for April-Dec delivery: sources

The refiner was seeking the cargoes on a delivered ex-ship (DES) basis, one of the sources said.

14 Jan 2020 11:00 AM

India's fuel demand to rise by average 4.7 pc through 2025: Nayara Energy

India’s gasoil demand will rise by an average 5.3 pc per year through the 2025 fiscal year, said Nayara Energy's B Anand.

10 Sep 2019 12:58 PM

India looking at cutting west coast refinery capacity as cost escalates to USD 60 bn

Meeting stringent environment norms such as not producing petroleum coke, and relocation of the plant has jacked up the cost.

06 Aug 2019 6:25 PM

IOC net drops 47 per cent on lower refinery margins

IOC reported a consolidated net profit of Rs 3,737.50 crore, or Rs 4.07 per share in April-June quarter this year.

31 Jul 2019 3:58 PM

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IOC, Adani to invest Rs 9,600 crore in city gas projects

Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.

29 Jul 2019 4:32 PM

Reliance's refinery complexity index rises to 21.1

Complexity index designates capabilities of a refinery to upgrade lowest quality crude to highest quality refinery products.

26 Jul 2019 5:54 PM

IOC sees growth in Indian fuel demand above 4 per cent in 2019

Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.

25 Jun 2019 2:02 PM

Indian Oil issues tender for short-term lease of LNG storage tank

The terminal worth 51.5 billion rupees is India’s fifth, and the first to be located on the east coast in south India.

12 Jun 2019 10:25 AM

ONGC topples IOC to regain most profitable PSU tag

Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.

02 Jun 2019 5:01 PM

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Reliance topples IOC to become the biggest Indian company

Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.

21 May 2019 2:36 PM

Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July

India had bought about 300,000 barrels per day (bpd) of Iranian oil under the six-month US sanctions waiver.

19 May 2019 9:56 AM

Fitch Ratings sees risks to OMCs as govt seeks more returns

Struggling to meet budget targets, the government had asked cash-rich PSUs to pay second interim dividend.

26 Apr 2019 2:26 PM

City gas distribution rights to help oil marketing firms diversify: Fitch

IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.

27 Mar 2019 7:08 PM

IOC hopes to restart fire-hit CDU at Panipat plant in 2-3 days

The state-controlled company has two equal size CDUs at the refinery.

18 Mar 2019 12:45 PM

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