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Indian Oil Corporation (IOC) News
Indian Oil Corporation (IOC)
Odisha approves Rs 34,197 cr investment proposals including Rs 28,700 cr by HPL
Tue, Mar 05, 2019
Haldia Petrochemicals Ltd during the Make in Odisha Conclave- 2018 had proposed to set up an integrated refinery with aromatics complex for production of Paraxylene and Purified Terepthalic Acid (PTA) at a total investment of Rs 28,700 crore near Subarnarekha Port in Balasore district.
IOC net profit dives 90 per cent in Q3 to Rs 716.82 crore
Wed, Jan 30, 2019
As international oil prices slipped from a four-year high recorded in the early part of October, the company accounted for inventory losses as the value of fuel it held slumped.
Indian Oil Corp to raise USD 900 million via bonds issue
Tue, Jan 15, 2019
State-owned Indian Oil Corp (IOC) Tuesday said it will raise USD 900 million through an overseas bonds issue to meet its working capital requirements.
Happy New Year 2019 Modi govt gift! LPG cylinder prices cut by Rs 5.91, Rs 120.50
Mon, Dec 31, 2018
According to the IOC statement, non-subsidised or market priced LPG cylinder rates have been cut by a steep Rs 120.50 per cylinder too. Reason behind the move to cut the rates was made clear by the statement - “due to fall in price of LPG in international market and strengthening of US dollar-rupee exchange rate.”
Now IOC targets clothes ironing shops with gas iron boxes
Tue, Aug 21, 2018
Energy major Indian Oil Corporation (IOC) is now looking at newer market segments with products like gas powered iron boxes for neighbourhood launderers, value added gas for metal cutting units and bigger gas cylinders for rice mills, food factories and hotels, said a senior official.
Jet fuel price cut but aviation stocks tumble
Thu, Dec 01, 2016
IOC on Wednesday, trimmed down the ATF prices by nearly 4% in four metro cities for both domestic and international airlines.
Petrol price rise by 13 paise, diesel cut by 12 paise per litre
Wed, Nov 30, 2016
On November 15, the petrol price was cut by Rs 1.46 a litre.
Petrol price cut by Rs 1.46, diesel by Rs 1.53 per litre
Tue, Nov 15, 2016
Petrol in Delhi will cost Rs 65.93 a litre from mid-night tonight, Rs 1.69 lower than Rs 67.62 currently.
Petrol price hiked by 14 paise; diesel by 10 paise per litre
Tue, Oct 04, 2016
That was the third the company had increased the rates of petrol in the September month.
Petrol, diesel prices hiked by Rs 3.38 and Rs 2.67 per litre
Wed, Aug 31, 2016
"The current level of international prices warrant an increase in prices of Petrol and Diesel, the impact of which is being passed on to the consumers," said IOC.
Indian Oil Corp raises oil import from Iran to 5 MT for FY17
Tue, Aug 30, 2016
Indian Oil Corporation (IOC), the nation's biggest oil firm, has raised crude oil import from Iran to four-fold and has cleared most of the past payments as sanctions against the Persian Gulf nation were eased.
Indian Oil Corp net profit jumps 25% in Q1FY17; shares remain flat
Mon, Aug 29, 2016
After the announcement of the quarterly results, the shares of the company slipped marginally.
Indian Oil signs MoU with Bangladesh for route permit
Fri, Aug 19, 2016
The MoU was signed due to a scarcity of essential petroleum goods in Tripura.
Petrol prices slashed by Rs 2.25; diesel cut by Rs 0.42 per litre
Fri, Jul 15, 2016
In Delhi, now petrol will cost Rs 62.51 a litre as compared to Rs 64.76 per litre currently.
Petrol price cut by 89 paise, diesel price by 49 paise per litre
Thu, Jun 30, 2016
In Delhi, now petrol will cost Rs 64.76 a litre as compared to Rs 65.65 per litre currently.
Petrol price hiked by 83 paisa, diesel by 1.26 per litre
Tue, May 17, 2016
On May 1, the fuel rates were hiked by Rs 1.06 per litre on petrol and Rs 2.94 per litre on diesel.
Reliance Industries plans to open more filling stations at end of FY17
Sun, Apr 24, 2016
Reliance Industries, which has a licence to run as many as 5,000 filling stations, had set up 1,433 pumps in the early part of the last decade.
Reliance buys Iranian oil after a six-year break
Sun, Apr 24, 2016
Reliance Industries Ltd (RIL), which operates the world's biggest refining complex at Jamnagar in Gujarat, is looking at quickly ramping up purchases to the earlier levels of about five million tonnes a year.