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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.
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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.
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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.
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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.
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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).
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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
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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.
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