Indian Oil Corp

ONGC, IOC raise Rs 3,140 crore in debt

IOC said it raised Rs 2,000 crore on a private placement basis.

published on : 20th October 2020

Saudi Aramco, Adnoc committed to $44 bn west coast refinery project: IOC Chairman

Aramco and Adnoc are to hold 50 per cent in the project, while IOC has a 25 per cent stake. The remaining 25 per cent is split equally between BPCL and HPCL.

published on : 15th October 2020

IOC halts pipe laying works after farmers protest near Tiruchy

Land acquisition was completed and the oil major started pipeline laying work in Tiruchy two weeks ago.

published on : 7th October 2020

Blaze-hit oil tanker on way to UAE for repairs

Indian Oil Corpn will have to wait longer for its 3-lakh metric tonne crude oil cargo

published on : 6th October 2020

IOC to invest Rs 17,825 crore in Gujarat refinery expansion, petchem project

The Gujarat refinery project is part of IOC's plans to boost petrochemical capacity by more than 70 per cent over the next decade, from 3.2 million tonnes a year currently, Vaidya said.

published on : 22nd September 2020

Rs 573 crore spent in Indian Oil Corporation projects till August 15: Dharmendra Pradhan

According to the review, Indian Oil Corporation Limited (IOCL) has spent Rs 346 crore during the current financial year on its 357-KTA Monoethylene Glycol (MEG) plant at Paradip Refinery.

published on : 26th August 2020

Mukesh Ambani's Reliance Industries breaks into top 100 global companies

Reliance had broken into the top 100 in 2012 ranking when it was ranked 99th but slipped in subsequent years to rank 215th in 2016.

published on : 11th August 2020

India's fuel demand may take 6-9 months to reach normal levels: IOC

Fuel sales had fallen by a record 45.8 per cent in April when a nationwide lockdown was in place to check the coronavirus infections.

published on : 4th August 2020

Indian Oil Corporation net profit falls 47% in Q1

The firm recorded an inventory loss of Rs 3,196 crore in Q1 as compared to inventory gain of Rs 2,362 crore a year back.

published on : 31st July 2020

IOC resumes work on Rs 1.04 lakh crore worth of projects

Major pipeline projects where works have resumed include the Rs 3,338 crore Paradip-Hyderabad products pipeline.

published on : 8th July 2020

Indian Oil Corp unit sets up JV for LPG business in Bangladesh

IOC Chairman Sanjiv Singh said the company, which started with lubricant marketing in Bangladesh in 1999, is now joining hands with a formidable partner.

published on : 30th June 2020

Indian Oil Corp to set up technology development centre at Faridabad

Oil Minister Dharmendra Pradhan and Haryana Chief Minister Manohar Lal laid the foundation stone of the Technology Development and Development Centre.

published on : 29th June 2020

IOC reports massive loss of Rs 5,185 crore in Q4 on inventory losses

Petrol demand has risen unexpectedly possibly because most public transport is still off roads and private vehicles are being used for commuting.

published on : 24th June 2020

Fitch revises outlook of IOC, NTPC among other state-owned firm to negative

Fitch revised the outlook on Hindustan Petroleum Corp Ltd (HPCL), which is a subsidiary of state-owned Oil and Natural Gas Corp (ONGC), to negative from stable.

published on : 23rd June 2020

Don’t book gas cylinders in panic, says Indian Oil Corporation

Indian Oil Corporation’s nodal officer E Rama appealed to the people to not to resort to hoarding stocks by booking in advance. 

published on : 4th April 2020
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