The monthly payment was besides the airline being put on cash-and-carry where it was given fuel only against cash payment.
15 Oct 2019 4:44 PM
The investment will create 20,000 direct and indirect employment opportunities.
24 Jan 2019 11:10 AM
State firms that buy oil from Iran include MRPL, Indian Oil and HPCL.
24 Jul 2018 5:59 AM
Reliance Jio Infocomm Ltd triggered a fierce price war among operators as they slashed prices to rival Jio’s low-cost data plans.
28 Apr 2018 11:16 AM
India is set to grant Saudi Aramco a 50 per cent stake in a planned 1.2 million-barrel-per-day (bpd) refinery on its west coast.
11 Apr 2018 11:51 AM
IOC processed a record 1.38 million bpd crude at its directly owned plants in 2017-18.
02 Apr 2018 9:20 AM
Hockey coach Devesh Chauhan feels the team could have lifted the trophy if the finals had not been washed out because of the rains.
21 Sep 2017 12:02 PM
Indian Oil’s hard-working and enterprising right outer Sukhjeet Singh played a stellar role notching up a fine hat-trick.
17 Sep 2017 1:05 AM
Shipping ministry has allowed India's largest oil firm to import one cargo of crude oil from US every month.
10 Aug 2017 2:31 PM
A senior official of ONGC Videsh said 'Vietnam wants us to be there because of China's interventions in the South China Sea'.
07 Jul 2017 9:56 AM
Prices of petrol, diesel will change every morning at 6 am and will be valid till 6 am of next morning.
16 Jun 2017 12:07 PM
From tomorrow, petrol and diesel rates will be revised in sync with any movement in international oil rates.
15 Jun 2017 7:50 PM
The control room cell at 70 Divisional Offices will be manned by technical, operations and retail sales officers of IOC.
15 Jun 2017 6:36 PM
Fifteen million tonnes a year is the biggest refinery any public sector unit has set up in one stage.
15 Jun 2017 9:06 AM
Indian Oil had said, three the OMCs will “establish an appropriate mechanism” to convey the prices to consumers every day.
14 Jun 2017 3:13 PM
IOC said the seamless execution of the 40-day pilot in Chandigarh, Jamshedpur, Puducherry, Udaipur, and Vishakhapatnam has reassured all stakeholders.
12 Jun 2017 4:45 AM
Public sector oil companies have decided to start daily revision of prices in the entire country with effect from 16th June, 2017.
09 Jun 2017 4:47 PM
State refiners currently revise fuel prices every fortnight to reflect volatility in currency and global oil markets.
12 Apr 2017 3:48 PM
The move will make oil marketing companies margins more predictable.
08 Apr 2017 2:09 AM
Presently, leading Oil Marketing Companies change prices of diesel and petrol every fortnight.
07 Apr 2017 12:57 PM