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Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil records 18 per cent jump in Q2 net profit

Revenue from operations climbed about 10 per cent to Rs 1.11 trillion, the company said on Friday.

27 Oct 2017 9:31 AM GMT

India on Monday received its first ever shipment of US crude oil with state-owned Indian Oil Corporation (IOC). Photo: Twitter| @IndianOilcl

First shipment of US crude oil reaches India

Indian companies have also contracted 9 MMTPA of LNG from the US and the first shipment is expected to be delivered to...

2 Oct 2017 11:10 PM GMT

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

IOC Q2 profit drops 12.6 per cent on forex losses, low margins

The company suffered a foreign exchange loss of Rs 2,600 crore in the quarter as rupee depreciated.

2 Nov 2018 12:50 PM GMT

ONGC may buy all of the governments 51.11 per cent stake in HPCL

ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.

23 Jan 2018 8:53 AM GMT

IOC and the state govt agreed to revised terms at the meeting called at the behest of Pradhan. (Photo: AP)

Indian Oil Corp takes up 2018 as 'Year of Trust'

Indian Oil Corp will be once again leading this national agenda in the coming years.

3 Jan 2018 7:39 AM GMT

Iran is offering to insure oil cargoes to India after some local insurers stopped providing the service in the face of impending US sanctions, industry sources said, a move that would help Tehran continue supplying its second biggest oil client.

Iran offers India oil cargo insurance, ships to boost sales: sources

IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian...

27 July 2018 8:56 AM GMT

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil shuts unit at Haldia plant after small fire: source

The crude unit has been isolated and is expected to resume operation from Saturday, the source said.

27 July 2018 8:39 AM GMT

India imported 8.7 million tonnes of LPG in 2015-16 and 4.66 million tonnes in first half of current fiscal.

LPG subsidy jumps 60 pc as govt maintains prices to help consumers

The government, however, subsidises 12 cylinders of 14.2-kg each per households in a year.

12 July 2018 9:31 AM GMT

File image of a man counting cash at a petrol pump.

Petrol, diesel price hiked for 1st time in more than a month

The price of petrol in Delhi climbed to Rs 75.71 per litre from Rs 75.55 and diesel to Rs 67.50 a litre from Rs 67.38.

5 July 2018 6:50 AM GMT

Indian Oil Corporation

IOC seeks commissioning cargo for new Ennore LNG terminal: sources

The state-owned company is seeking a partial cargo for delivery on Feb 25, with offers due by Feb 11.

30 Jan 2019 5:06 AM GMT

IOCs current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

IOC to raise USD 3 billion more in overseas loan

IOC is already in market to raise USD 900 million through a bonds issue .

16 Jan 2019 8:06 AM GMT

Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

'Very strong plan' to ensure defence fuel supplies; 500 trucks move to...

Oil companies, officials said, carry out winter stocking in Jammu and Kashmir ahead of the onset of winter every year.

27 Feb 2019 2:29 PM GMT