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Reliance Industries limited

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...

26 July 2019 12:24 PM

The ban on pet coke may also jeopardise the much-awaited and politically controversial oil refinery in border district of Barmer.

India looking at cutting west coast refinery capacity as cost...

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

6 Aug 2019 12:55 PM

The Cabinet on Wednesday approved the National Policy on Biofuels which allows doping of ethanol produced from damaged foodgrains, rotten potatoes, corn and sugar beet with petrol to cut oil imports by Rs 4,000 crore this year alone.

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

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

10 Sept 2019 7:28 AM

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

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 5:30 AM

Indian Oil Corp. (Image- AFP)

No shortage of LPG cylinders, enough stock of petrol, diesel during...

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

29 March 2020 5:38 AM

Oil marketing companies shares drop 13%. (PTI Photo)

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

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

7 May 2020 3:54 AM

Indian refiners cut runs as fuel demand dips, margins fade. (AFP Photo)

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 July 2020 5:01 AM

Indias fuel demand may take 6 to 9 months to rebound to normal levels as several states impose lockdown. (PTI Photo)

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

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

5 Aug 2020 4:20 AM

India aims for half of state-run fuel stations to be solar-powered in five years. (PTI Photo)

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

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

9 Sept 2020 1:12 AM

The New Diamond, a very large crude carrier (VLCC) chartered by Indian Oil Corp (IOC), was heading to the port of Paradip in India.(Image: Twitter/@IndiaCoastGuard)

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...

3 Sept 2020 10:41 AM

Indian Oil Corp (IOC) bagged three fields, the same number as new entrant PFH Oil and Gas Pvt Ltd got.

Indian Oil to turn to traditional suppliers to meet Iran oil shortfall

IOC plans to buy 140,000 bpd of Iranian oil in 2018-19 and has an option to buy an additional 40,000 bpd.

23 May 2018 4:50 AM

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

IOC to buy back shares for Rs 4,435 cr; pay Rs 6,556 crore dividend

The government is expected to participate in each of the share buyback programme of these PSUs.

15 Dec 2018 6:01 AM