Indian Oil Corporation

Indian Oil plans to sell hydrogen facilities

The planned sale is part of thegovernment’s asset monetisation agenda aimed at generating revenue from selling unutilised or part utilised assets to private investors.

published on : 17th March 2021

Indian Oil Corporation helps bolster India's vaccination drive

The company's management has also left no stone unturned to inspire the company's stakeholders to get vaccinated at the earliest to contribute to the success of the world's largest vaccination drive.

published on : 13th March 2021

Indian Oil Corporation may monetise hydrogen units to raise Rs 10,000 crore

The plan is in line with government's asset monetisation programme where it wants PSUs to identify non-core assets that could be sold to raise resources for next wave of investments.

published on : 6th March 2021

Indian Oil Corporation to invest Rs 32,496 crore on Panipat facility

Besides expanding the oil refining capacity, the company also plans to set up a polypropylene unit and a catalytic dewaxing unit, it said in a statement.

published on : 27th February 2021

Vaccination: Indian Oil Corporation to provide cold chain equipments for Bihar

The IOC will provide 43 ice line refrigerators,14 Deep Freezers,1 Walk In cooler and 1Walk in Freezer ,total worth RS 83.35 lakhs.

published on : 21st January 2021

Indian Oil Corporation's jet fuel business has recovered by 60 per cent: Sanjay Sahay

There was a drop in the jet fuel business following coronavirus-induced restrictions but from May 25, 2020 onwards, the aviation sector has re-started and has led to increased demand.

published on : 5th January 2021

Fuel sale coming back to pre-COVID level: Indian Oil Corporation official

The company is laying pipeline from Manmad to Solapur and the capacities of company in Manmad will be almost doubled.

published on : 23rd December 2020

Probe finds gross neglect by IOCL

The Commissionerate Police report said, about 12 points of the standard operating procedure were violated.

published on : 13th December 2020

Indian Oil Corporation launches country's first 100 Octane petrol

The fuel is manufactured at IOC's Mathura refinery in Uttar Pradesh and supplied at select petrol pumps, Union Minister Dharmendra Pradhan said.

published on : 1st December 2020

New oil terminal worth Rs 900 crore at Vallur will supply fuel products to Chennai, adjoining districts

Built at an estimated cost of Rs 900 Crore, the terminal will also have the operational flexibility to receive petroleum products through tanker ships from Chennai Port during contingency.

published on : 24th November 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
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