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Linde India hits record high after receiving LoA from IOCL for setting up air separation unit
Wed, Aug 23, 2023
Linde India share price: The LoA is in connection with the job-work contract for setting up of Air Separation Unit (ASU) on a site licensed by IOCL within its Panipat Refinery Complex
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IOCL Q1 Preview: Oil PSU's profit expected to rise 6% to Rs 10,673 crore
Wed, Jul 26, 2023
Indian Oil Corporation Limited is set to announce its first quarter results on July 28 (Friday). Zee Research estimates that the company's income in the quarter under review will slip 3.1 per cent to Rs 196,741 crore.
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Indian Oil commits to investing Rs 54,000 crore in projects including a refinery in Tamil Nadu
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.
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IOCL, BPCL touch 52-week highs after crude oil plunges; what should you do?
Tue, Jun 13, 2023
BPCL, IOCL, HPCL share price: Oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum were in focus on Tuesday, after crude oil prices staged a sharp fall after analysts highlighted rising global supplies and concerns about demand growth just ahead of key inflation data and a US Fed meeting later this week.
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IOCL, HPCL and BPCL stocks rise as crude oil prices fall nearly 9% in two days
Thu, May 04, 2023
Individually on NSE, shares of IOCL rose nearly 2 per cent and quoted at Rs 84.25 apiece, BPCL shares climbed over 2 per cent at Rs 368.15 piece and HPCL scrip traded at Rs 263.9 apiece which was up over 2 per cent.
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Oil & gas stocks rally on multiple triggers; ONGC among top Nifty gainers
Tue, May 02, 2023
Of 15 stocks in Nifty Oil & Gas, 13 rallied and two (Gujarat Gas and Indraprastha Gas) were flat with negative bias in the early morning session today. Oil and Natural Gas Corporation shares were among the top Nifty50 gainers today, up more than 2.5 per cent on the NSE.
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Tesla Power USA inks pact with Indian Oil Corp to sell batteries at petrol pumps
Thu, Apr 27, 2023
"This will be the first national-level tie-up with Indian Oil Corporation Ltd for battery distribution. To start with, Tesla Power USA batteries will be available at the select IOCL fuel pumps in the Delhi-NCR region, which will be subsequently expanded to other state.
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BPCL, IOCL, HPCL Upgraded From Add To Buy By Avendus Capital, Know The Triggers Here
Thu, Mar 16, 2023
India imports 85 per cent of its crude oil requirements. At present, the price of crude oil has come down below 75 dollars. Avendus Capital said in its report that companies like BPCL, Indian Oil and HPCL would benefit greatly from this. On the basis of sequence, the company has selected first Bharat Petroleum, then Indian Oil and finally Hindustan Petroleum for investment.
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Modi Government approves one time grant of Rs 22000 cr to state-run OMCs; IOC, BPCL, HPCL to benefit
Wed, Oct 12, 2022
Narendra Modi Government has approved a onetime grant of Rs 22000 cr to public sector oil marketing companies (OMCs), Anurag Thakur, Minister of Information and Broadcasting said in a media briefing on Wednesday
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Oil & Gas sector set for sharp earnings drop in Q2 amid lower GRMs, other factors; what brokerage recommends on IGL, BPCL, IOCL
Wed, Oct 05, 2022
Domestic brokerage Prabhudas Lilladher expects OMCs (Oil Marketing Companies) to report losses of Rs 404 billion in Q2, given continued pain in marketing losses and lower GRMs.
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Larsen & Toubro share price falls around 2% despite its Energy Business bags large contract from IOCL
Mon, Aug 22, 2022
Shares of Larsen & Toubro dropped around two per cent in BSE intraday on Monday even as the company said that it's Hydrocarbon-Onshore division of L&T’s Energy Business has bagged a 'large' contract from Indian Oil Corporation (IOCL).
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Buy, Avoid or Hold? Analyst gives recommendations on ONGC, IOC, Gujarat Gas
Tue, Oct 05, 2021
Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the previous session after the world’s major oil producers announced they had decided to keep a cap on crude supplies, Reuters reported
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Indane LPG connection: Get this service at your doorsteps with just a MISSED CALL, WhatsApp message, SMS at these numbers; check cylinder prices in Delhi, Mumbai, Kolkata and Chennai
Thu, Aug 19, 2021
One can get Indane LPG connection at one's door-step simply by giving a missed call. The interested individuals can also login to the official website of IOCL at iocl.com in case of any query.
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PM Modi exhorts for hydrogen fuel as India Launches National Hydrogen Mission-From IOC to Reliance: India's hydrogen push gains traction -- Report
Sun, Aug 15, 2021
Hydrogen is the latest buzz for meeting the world's energy needs. Being the cleanest form of energy, it can be produced from a variety of resources, such as natural gas, biomass, and renewable power like solar and wind. It can be used in cars, in houses, for portable power and in many more applications
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