indian oil corp
IOC, Adani to invest Rs 9,600 crore in city gas projects
Shareholders will vote on the proposal at IOC's annual general meeting (AGM) in Mumbai on August 28.
Reliance's refinery complexity index rises to 21.1
Complexity index designates capabilities of a refinery to upgrade lowest quality crude to highest quality refinery products.
IOC sees growth in Indian fuel demand above 4 per cent in 2019
Gasoline and jet fuel demand are expected to rise by 7-8 pc this year, while diesel consumption could increase by 3 pc.
Indian Oil issues tender for short-term lease of LNG storage tank
The terminal worth 51.5 billion rupees is India’s fifth, and the first to be located on the east coast in south India.
ONGC topples IOC to regain most profitable PSU tag
Oil and Natural Gas Corp reported a 34 per cent jump its in 2018-19 fiscal net profit to Rs 26,716 crore.
Reliance topples IOC to become the biggest Indian company
Reliance in the 2018-19 fiscal year that ended March 31, reported a turnover of Rs 6.23 lakh crore.
Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July
India had bought about 300,000 barrels per day (bpd) of Iranian oil under the six-month US sanctions waiver.
Fitch Ratings sees risks to OMCs as govt seeks more returns
Struggling to meet budget targets, the government had asked cash-rich PSUs to pay second interim dividend.
City gas distribution rights to help oil marketing firms diversify: Fitch
IOC and HPCL won city gas distribution rights in nine geographical areas each last month, and BPCL got rights to two areas.
IOC hopes to restart fire-hit CDU at Panipat plant in 2-3 days
The state-controlled company has two equal size CDUs at the refinery.