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

India's top fuel retailer trims petrol, diesel prices

In New Delhi, a cut of less than 1 percentage point means that petrol will cost 77.83 rupees per litre.

30 May 2018 8:34 AM IST

PNGRB last week gave GAIL four more years till February 2019 to complete the 1104-km Kochi-Koottanad-Bangalore-Mangalore natural gas pipeline.

IOC, BPCL may buy 26 per cent stake each in GAIL

Government has so far not taken any view on the proposals made by IOC and BPCL.

19 March 2018 10:35 AM IST

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

IOC to invest Rs 1.4 lakh crore to double refining capacity

Company currently owns and operates 11 out of the country's 23 refineries.

31 March 2018 4:59 PM IST

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

Oil PSUs to supply Euro-VI fuel in Delhi from April 1

IOC, BPCL and Hindustan Petroleum will supply the less polluting fuel at all their outlets.

31 March 2018 12:08 PM IST

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Iran oil payment route to be blocked from November 3

SBI, the country's largest lender, has communicated to oil refiners that the euro payment route will be not available...

15 Jun 2018 3:18 PM IST

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

IOC tops 7 Indian firms on Fortune 500 list, RIL jumps 53 places

Indian Oil Corp with 23 per cent rise in revenues at USD 65.9 billion was ranked 137th from 168th position.

1 Aug 2018 12:56 PM IST

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

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

Indian Oil Corporation

Indian Oil Corp to invest Rs 1.75 lakh cr for expansion, says Chairman

It plans to raise capacity to turn crude oil into fuels like petrol and diesel to 150 million tonnes per annum by 2030.

5 Aug 2018 6:17 PM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.

India plans to set up LNG terminal in Myanmar

The terminal will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri Lanka.

3 Aug 2018 1:01 PM IST

Indian Oil Corporation

Indian Oil Corp will invest Rs 20,000 crore in city gas projects

It owns a third of India's oil refining capacity and has 44 per cent market share of fuel business.

13 Aug 2018 1:05 PM IST

Adani walks away with gas rights for 21 cities; BPCL bags 11 cities

Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on its...

12 Aug 2018 3:09 PM IST

Oil and Natural Gas Corporation

ONGC repays a third of loan taken to buy HPCL

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.

19 Aug 2018 3:58 PM IST