Fri, Aug 25, 2023
IndianOil will invest Rs 1 lakh crore in expanding capacity to refine and turn crude oil into fuel and a staggering Rs 2.4 lakh crore in projects that will help it achieve net-zero carbon emissions from its operations.
Fri, Jul 28, 2023
State-run oil marketing company Indian Oil Corp (IOC) reported a set of quarterly numbers that exceeded analysts' estimates. IOC shares, however, slipped into the red after the earnings announcement.
Thu, Jul 06, 2023
The Indian Oil Corporation Limited (IOCL), Chennai, has committed to invest Rs 54,000 crore in various projects in Tamil Nadu in the next few years, including a 9 MMTPA (million metric tonnes per annum) grass-root refinery at an estimated cost of Rs 35,580 crore, its executive director and state head (TN & Puducherry) V C Asokan said here on Thursday.
Sun, Aug 27, 2017
A litre of petrol costs Rs 69.04 a litre in Delhi, the highest since second-half of August 2014 when it was priced at Rs 70.33.
Mon, Jul 10, 2017
Indian Oil Corp, the country`s largest refiner, has purchased its first ever crude oil from the United States to be delivered in early October, a senior company official said on Monday.
Wed, Mar 01, 2017
Price of one cylinder of non-subsidised LPG gas has been increased by Rs 86 with effect from March 1, 2017.
Tue, Feb 07, 2017
Indian Oil Corporation has said that its crude processing for 2017-18 will inched up despite planned maintenance at some plants.
Tue, Jan 17, 2017
Domestic mobile wallet major MobiKwik on Tuesday announced that it registered 10 times growth within the past week in transactions from the oil and gas sector.
Tue, Jan 10, 2017
The mobile wallet company also announced that it will have zero surcharge on all transactions at petrol pumps and on LPG gas payments.
Thu, Dec 15, 2016
State-owned Indian Oil Corporation Ltd (IOCL) on Friday evening raised prices of petrol by Rs 2.21 and diesel by Rs 1.70 per litre.
Sun, Oct 23, 2016
Reliance Industries, operator of the world's biggest oil-refining complex, has forayed into cooking gas retailing, launching a 4-kg LPG cylinder on pilot basis.
Tue, May 03, 2016
"Although we believe there is no interest due, but as a goodwill gesture oil companies have agreed to pay the interest rate," a Finance Ministry official said. "Seven days US Libor plus 75 basis points equals to an interest rate of about 1.5 %."
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