Wed, Jul 31, 2024
Global brokerages have revised their stance on Indian Oil Corporation (IOC) after the nation's largest oil firm, on Tuesday, during market hours, reported an 81 per cent drop in June quarter net pr
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Sun, Jul 21, 2024
Indian Oil Corporation (IOC) posted a record net profit of Rs 39,619 crore (USD 4.7 billion) on a revenue of Rs 8.66 lakh crore (USD 104.6 billion) in the 2023-24 (April 2023 to March 2024) fiscal.
Wed, Mar 27, 2024
The brokerage believes that OMCs will benefit from a discernible shift in the government's stance towards public sector undertakings (PSUs).
Mon, Aug 13, 2018
According to the Petroleum and Natural Gas Regulatory Board (PNGRB), IOC on its own won rights to seven cities, including Coimbatore and Salem in Tamil Nadu and Guna in Madhya Pradesh.
Sun, Mar 04, 2018
IOC is among the at least four companies that have evinced interest in becoming strategic partner in Binh Son Refining and Petrochemical Company (BSR) by taking 49 per cent stake
Sat, Feb 24, 2018
The company has signed an agreement to initiate talks for a possible stake in the proposed Rs 1.8 lakh crore refinery in Maharashtra
Sun, Apr 16, 2017
The hike comes the on back of a Rs 4.85 per litre reduction in rates of petrol and Rs 3.41 a litre in diesel effected from April 1.
Tue, Mar 28, 2017
India was discussing plans to supply gas to Nepal, Indian oil minister Dharmendra Pradhan said at the same news conference.
Wed, Oct 12, 2016
Oil India Limited (OIL), Indian Oil Corp (IOC) and Bharat PetroResources Ltd (a unit of Bharat Petroleum Corp Ltd or BPCL) is looking at buying a stake in Suzunskoye, Tagulskoye and Lodochnoye fields - collectively known as Vankor Culster, sources privy to the development said.
Wed, Oct 05, 2016
State-owned Indian Oil Corp (IOC) on Wednesday hiked the aviation turbine fuel (ATF) prices by nearly 3% in metro cities like Delhi, Kolkata, Mumbai and Chennai.
Thu, Sep 22, 2016
The increase in shipments from the world`s no. 3 oil consumer has driven the profit margin for refining diesel in Asia to a seasonal six-year low.
Thu, Sep 15, 2016
“The current level of international product prices of Petrol & Diesel and INR-USD exchange rate warrant increase in selling price of Petrol and decrease in selling prices of Diesel, the impact of which is being passed on to the consumers with this price revision.” said IOC.
Tue, Sep 13, 2016
The OMCs aim is to improve refining complexity and meet new fuel standards.
Fri, May 27, 2016
Turnover, dipped 11.4% to Rs 450,738 crore on back of drop in oil prices.
Tue, Apr 26, 2016
ATF or jet fuel sale is projected to rise 3.9% to 6.18 million tonnes.
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