हिंदी में पढ़ें
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
MF Returns Calculator
Indian Oil Corp News
Indian Oil Corp
Oil price collapse in US not to lead to any big drop in fuel prices in India
Tue, Apr 21, 2020
The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet
Indian Oil pumps to remain open during Janata Curfew with skeletal staff
Sun, Mar 22, 2020
The country's largest public sector refiner, Indian Oil Corporation (IOC), said on Saturday that all its fuel stations will remain open during the 'Janata Curfew' on Sunday, but will operate with skeletal staff.
Petrol and diesel prices today: Fuel rates fall further, check rates in Delhi, Mumbai, Kolkata and Chennai
Mon, Feb 03, 2020
With international crude oil rates under pressure due to outbreak of coronavirus in China, fuel prices in India fell again on the fifth consecutive day on Monday. The price of petrol was cut by 6 paise and that of diesel by 5 paise across all major cities. The petrol now costs Rs 73.04 a litre in Delhi, Rs 78.69 a litre in Mumbai, Rs 75.71 a litre in Kolkata and Rs 75.89 a litre in Chennai after the price cut
Big boon! Modi government surprises Ladakh with this Rs 50,000 crore gift - New kind of diesel in town
Tue, Nov 19, 2019
After the creation of Ladakh as Union Territory, here comes another boost for the region
IOC ties up oil from US, Saudi to make up for Iran shortfall
Fri, May 17, 2019
To make up for the shortfall, IOC has used optional volumes available from suppliers such as Saudi Arabia. Also, it has for the first time signed term import contracts with two US suppliers, he said, adding in all 4.6 million tonnes of crude oil from the US has been signed up for 2019.
India's rising oil demand to support investments in refineries, upstream production: Moody's
Mon, May 13, 2019
Indian Oil Corp (IOC), Hindustan Petroleum Corp Ltd (HPCL) and Bharat Petroleum Corp Ltd (BPCL) continue to enjoy over 90 per cent market share in petroleum product distribution.
Cyclone Fani: IOC says arrangements in place for uninterrupted fuel supply in Odisha, West Bengal
Fri, May 03, 2019
The Corporation is also actively assisting the district administration in evacuation, rescue and relief activities," the statement said.
Fitch Ratings sees risks to oil marketing companies as government seeks more returns
Fri, Apr 26, 2019
IOC and BPCL are in the process of upgrading and expanding their refineries to meet the deadline for producing ultra-clean Euro-VI grade fuel by April 2020, and improving downstream integration in petrochemicals.
Indian Oil signs first annual deal to buy up to 3 million tonnes US oil
Mon, Feb 18, 2019
He declined to give the name of the seller and pricing details citing confidentiality
Petrol prices up 20 paise after 20-day fall
Mon, Jan 07, 2019
Petrol prices rose by 21 paise in the national capital on Monday after declining for 20 straight days.
Good News! Indian Oil to deliver fuel at home in Chennai
Thu, Jan 03, 2019
The transportation trucks have a capacity of 6000 litres at one time. The company is looking to cater commercial customers, who are using fuel for industrial purposes.
Petrol below Rs 70 in Delhi; lowest in 2018
Mon, Dec 24, 2018
Petrol price in Delhi fell below the Rs 70-per-litre mark on Monday for the first time after January and recorded the lowest level in 2018 at Rs 69.86 per litre.
For the first time ever, petrol price hits Rs 83/litre mark in Delhi
Fri, Sep 28, 2018
On Thursday, Transport fuel prices continued their record breaking upward march, following a pause the day before, as petrol price in the national capital touched Rs 83 per litre for the first time.
Increased gas use could reduce diesel demand, says Indian Oil executive
Wed, Sep 26, 2018
On Wednesday, India`s biggest state-owned refiner Indian Oil Corp Ltd said that a gradual rise in India`s natural gas consumption could reduce local diesel demand.
LPG cylinders get a price cut; here is what you will pay now
Wed, May 02, 2018
The IOCL provides LPG cylinder under its brand known as Indane, and the prices are listed on its official website.
Indian Oil plans $22 billion expansion over five years
Sat, Mar 31, 2018
Refiners in India, the world`s third-biggest oil consumer and importer, have sketched out plans to raise their capacity by 77 percent to about 8.8 million bpd by 2030 to meet the country`s rising fuel demand. India is emerging as one of the global drivers for refined fuels consumption as its economic expansion and rising industrial activity yields infrastructure improvements and increased energy access for commercial and retail consumers
OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million
Sun, Feb 11, 2018
The contract for the oilfield in Lower Zakum Concession was signed in Abu Dhabi last evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan
ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain
Tue, Jan 23, 2018
To purchase 51.11% stake in HPCL, the state-owned Oil & Natural Gas Corp (ONGC) needs to pay about Rs 36,915 crore to the government.
IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC
Mon, Dec 25, 2017
The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".
Supreme Court allows cement industry to use petroleum coke
Wed, Dec 13, 2017
India is the world`s biggest consumer of petroleum coke, better known as petcoke, a dark solid carbon material that emits 11 percent more greenhouse gas than coal, according to studies.