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Indian Oil Corporation News
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Indian Oil Corporation changes nation’s history by exporting aviation fuel for the first time
Mon, Jan 30, 2023
IOC is the sole domestic manufacturer of the fuel, having begun production last September at its Vadodara facility, which has an annual capacity of 5,000 tonne. Till then the country was shipping in fuel from European refiners.
ATF Price Cut: Jet fuel prices cut by THIS MUCH from Dec 1 --Check Details Here
Thu, Dec 01, 2022
There is a piece of relief for airlines as Oil Marketing Companies have slashed the ATF prices. Indian Oil Corporation released revised rates on December 1.
Green Initiative: Indian Oil Corporation to recycle 20 million PET bottles annually for eco-friendly employee uniforms
Sun, Nov 13, 2022
IOC, which meets as much as half of the nation's fuel needs, has already committed to a net zero emission target by 2046 and is now venturing into recycling PET bottles.
World EV Day: IOC to provide all kind of energy offering services at Retail Outlets
Fri, Sep 09, 2022
On the occasion of the World EV Day, V Satish Kumar, Director (Marketing) while greeting EV (Electric Vehicles) customers and stakeholders said, “Electric Vehicles are now a reality and IndianOil is geared up to meet the challenges.
GAIL targets net-zero emissions by 2040: Chairman Manoj Jain
Fri, Aug 26, 2022
Scope 1, 2 and 3 is a way of categorising the different kinds of carbon emissions a company creates in its own operations, and in its wider value chain.
Reliance, Nayara face windfall profit tax on local supplies alongside exports
Sun, Aug 14, 2022
The windfall tax was targeted mainly at Reliance Industries Ltd and Russian oil major Rosneft-backed Nayara Energy, who the government believed were making a killing on exporting large volumes of fuel made from discounted Russian oil, at the cost of the domestic market, three sources with knowledge of the matter said.
Q1 results: IOC, HPCL, BPCL post Rs 18,480 cr loss in quarter 1 on holding petrol, diesel prices
Sun, Aug 07, 2022
The government in May cut excise duty on petrol and diesel which was passed on to consumers instead of being used to square off mounting losses on the two fuel sales.
In a first, LIC enters Fortune 500 list, becomes top-ranked Indian company | Check full list
Thu, Aug 04, 2022
The list, topped by US retailer Walmart, has nine Indian companies -- five of them state-owned, and four from the private sector.
Air Travel likely to get cheaper as jet fuel rates slashed by 12%
Mon, Aug 01, 2022
The prices of air turbine fuel (ATF) have been slashed by a whopping 12%. Accordingly, aviation fuel will now cost Rs 1.21 lakh per kilolitre in Delhi from today as per a notification from the Indian Oil Corporation (IOCL).
Q4 Results 2022; IOC, Dr Lal Path Labs, Bajaj Electricals, IRB Infra declare March quarter results; here are key highlights, dividend details
Tue, May 17, 2022
Q4 Results 2022: State-run IOC announced its March quarter results on Tuesday. Othet listed companies including Dr Lal Path Labs, Bajaj Electricals and IRB Infra were also among the companies which declared their January to March quarter earnings
Indian Oil Corporation rolls out methanol-blended petrol M15 on pilot basis
Sun, May 01, 2022
With a 15 per cent blend of methanol with petrol, Indian Oil Corp (IOC) rolled out M15 petrol on a pilot basis in Assam's Tinsukia district.
IOC to pump in Rs 840cr to set up Petroleum, Oil and Lubricant plant, raise storage capacity in North East
Sun, Apr 03, 2022
The company is planning to take its POL capacities to 5,530 Thousand Metric Tonnes Per Annum (TMTPA) by 2030 from the existing 3,160 TMTPA, Indian Oil Corporation Executive Director (IndianOil-AOD) G Ramesh told PTI.
Petrol, diesel price hikes may restart from next week as crude oil hits USD 110 mark
Wed, Mar 02, 2022
Petrol and diesel price hikes are likely to come next week to bridge the gap of Rs 9 per litre created by the increase of USD 100 per barrel in international oil prices, PTI reported.
IOC Out, Apollo In: Nifty 50 To Add Apollo Hospitals To List, Nifty Next 50 To Add Paytm, Nykaa & More
Fri, Feb 25, 2022
Indian Oil Corporation (IOL) will be excluded from NIFTY 50 list from March 31, 2022. Instead of IOL, Apollo Hospitals will be added to the NIFTY 50 list. Nifty Next 50 will, too, include new technology companies such as Paytm, Nykaa, Zomato and others.
Indian Oil Corporation to build India's first green hydrogen plant - All you need to know
Fri, Aug 20, 2021
The company will not set captive power plants at all its future refinery and petrochemical expansion projects and instead use the 250 MW of electricity it produces from renewable sources like solar power, the Chairman said.
IOC to build India's first green hydrogen plant at Mathura Refinery
Tue, Jul 20, 2021
Indian Oil Corporation (IOC) has drawn a strategic growth path that aims to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the next 10 years, its chairman Shrikant Madhav Vaidya said
One QR Code for all apps: Now, scan code from Google Pay, Paytm, PhonePe, Bhim UPI and more at all IOC petrol pumps for hassle free transaction
Thu, Feb 25, 2021
Indian Oil Corporation has introduced One QR Code for all apps to facilitate hassle free transaction by its customers.
Amazing facility! Now, Indane LPG gas cylinder refill booking is now just a missed call away - Check number
Sun, Jan 03, 2021
Indane LPG gas cylinder refill booking: Indian Oil LPG customers anywhere in the country can use a single missed call number -- 8454955555 -- for refill booking.
IMPORTANT! Indane LPG gas cylinder users alert - IVRS number changed, check new one for refill booking
Mon, Nov 23, 2020
Indian Oil Corporation Limited has started one common number for Indane LPG refill booking across the country for customer convenience.
LPG refill booking: One common number for Indane gas cylinder by Indian Oil - Know how to book through IVRS, SMS
Sun, Nov 01, 2020
This means that even if customers move from one telecom circle to another across States, their Indane refill booking number remains the same.