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

IOC defers Paradip refinery shutdown to March-April

Plan to defer turnaround at Paradip is aimed at helping co meet govt-set crude processing targets.

20 Oct 2017 5:11 PM IST

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Indian Oil Corp delays shutdown of Paradip refinery to March-April

The plan to defer the turnaround at Paradip is aimed at helping the company meet government-set crude processing...

20 Oct 2017 5:10 PM IST

Indian Oil Corporation

IOC drops plans to merge Chennai Petroleum with itself

IOC has major dealings with the US including recent buying of US oil.

12 Oct 2017 2:23 PM IST

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

First US oil shipment to India arrives at Paradip

MT New Prosperity, with a capacity to haul two million barrels of crude, left the US on August 19 and arrived at Paradip...

2 Oct 2017 5:07 PM IST

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.

India readies oil strategy as US sanctions on Iran near

Fresh assurances were given that oil supplies would not be an issue in the case of India.

16 Oct 2018 9:41 AM IST

Hindustan Petroleum also fell to its 52-week low of Rs 165.45, down 25 per cent over its last closing price.

Stocks of oil marketing companies plunge to 52 week lows on fuel price...

Govt's decision to curtail marketing margins on auto fuels by Rs1/litre brings to fore the earnings uncertainty for oil...

5 Oct 2018 12:02 PM IST

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Iran oil imports fell 15.7 per cent in fiscal year 2017-18

In March, India's oil imports from Iran were 4,30,000 barrels per day.

20 April 2018 2:00 PM IST

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

IOC to organise 'LPG Panchayats' in Assam

IOC endeavours to ensure new LPG connections in 3,042 villages in 27 districts of Assam.

19 April 2018 1:34 PM IST

Oil minister Dharmendra Pradhan on Sunday inaugurated Pradhan Mantri Ujjwala Yojana here on Sunday.

India will work with China on OPEC's 'Asian Premium' issue: Pradhan

Sanjiv Singh will coordinate with the head of China National Petroleum Corporation.

15 April 2018 3:20 PM IST

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.

Petrol, diesel prices hiked for fifth consecutive day

In Mumbai, petrol prices have been hiked from Rs. 83.52 on Sunday, to Rs. 83.75 per litre on Monday.

9 July 2018 11:13 AM IST

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

IOC stock down nearly 3 pc after disappointing Q2 earnings

The stock touched an intra-day low at Rs 140.25, down 4.46 per cent.

1 Nov 2019 5:49 PM IST

Government is planning to phase out LPG susbidy by March 2018. (Photo: PTI)

Non-subsidy LPG cylinder prices to fall by over Rs 120

The price of non-subsidised LPG in Delhi will decrease by Rs 120.50 per cylinder from January 1, 2019.

1 Jan 2019 2:07 AM IST