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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 11:41 AM

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

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at market price is worth about Rs 26,600 crore.

28 Sept 2017 10:00 AM

Indian Oil Corporation (IOC) plans to nearly double oil refining capacity to 150 mt by 2030.

Shares of oil marketing cos jump up to 7.2 pc on easing crude prices

Brent crude prices fell 4.37 per cent, its biggest single-day fall in three months, to USD 76.24 barrel.

24 Oct 2018 12:56 PM

The Centre aims at creating two or three large entities with integrated operations across oil exploration, refining and marketing. (Photo: DC)

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 3:16 AM

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC not in a hurry to offload stake in IOC, GAIL

ONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in gas utility GAIL India.

2 Oct 2018 8:59 AM

Fuel prices may rise as Saudi Arabia wont allow glut

Fuel prices may rise as Saudi Arabia won't allow glut

Oil cos say no government directive to defer price hike.

11 April 2018 8:13 PM

India has the highest retail prices of petrol and diesel among South Asian nations.

Oil companies say no directive from govt to defer price hike

Shares of IOC fell as much as 7.6 per cent after the news of government asking oil firms to not raise prices broke.

11 April 2018 2:15 PM

A major 32-mm high-pressure PNG gas pipeline developed a hole, leading to massive gas leakage about 11.50 am. (Representational image)

IOC, BPCL, Adani top bidders for city gas licences

The 9th bid round was being held on changed parameters after one paisa bids spoilt the initial auction rounds.

19 July 2018 9:06 AM

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.

Fuel rates remain unchanged for second day in row

The petrol prices in other metro cities are - Rs 79.51 in Kolkata, Rs 84.22 in Mumbai and Rs 79.76 in Chennai.

18 July 2018 6:17 AM

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

Fitch says IOC's net debt levels to rise due to large capex

Fitch expects IOC's capex to remain high to upgrade refineries to meet new emission standards.

16 July 2018 10:19 AM

Indian Oil Corporation

IWAI, IOC sign MoU on fuel needs for waterways

A total of 106 new national waterways have been declared in addition to existing five national waterways.

27 Feb 2019 9:49 AM

PM Narendra Modi addressing a rally in Bihar on Sunday. PM launched projects worth Rs 33,000 cr in Bihar. (Photo: ANI)

PM to lay foundation stone of India's longest LPG pipeline on Sunday

IOC is laying an LPG pipeline from Gujarat coast to Gorakhpur, in UP to cater to growing demand for cooking gas in the...

22 Feb 2019 12:09 PM