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India's top fuel retailer trims petrol, diesel prices

In New Delhi, a cut of less than 1 percentage point means that petrol will cost 77.83 rupees per litre.

30 May 2018 8:34 AM

Indian Oil to turn to traditional suppliers to meet Iran oil shortfall

IOC plans to buy 140,000 bpd of Iranian oil in 2018-19 and has an option to buy an additional 40,000 bpd.

23 May 2018 10:20 AM

IOC to invest Rs 1.4 lakh crore to double refining capacity

Company currently owns and operates 11 out of the country's 23 refineries.

31 Mar 2018 4:59 PM

Oil PSUs to supply Euro-VI fuel in Delhi from April 1

IOC, BPCL and Hindustan Petroleum will supply the less polluting fuel at all their outlets.

31 Mar 2018 12:08 PM

IOC, BPCL may buy 26 per cent stake each in GAIL

Government has so far not taken any view on the proposals made by IOC and BPCL.

19 Mar 2018 10:35 AM

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ONGC gets govt nod to sell stake in IOC, GAIL to fund HPCL buy

ONGC is funding the Rs 36,915 cr acquisition of govt's 51.11 pc stake in oil refining and marketing firm HPCL.

23 Jan 2018 2:23 PM

Indian Oil Corp takes up 2018 as 'Year of Trust'

Indian Oil Corp will be once again leading this national agenda in the coming years.

03 Jan 2018 1:09 PM

Indian Oil records 18 per cent jump in Q2 net profit

Revenue from operations climbed about 10 per cent to Rs 1.11 trillion, the company said on Friday.

27 Oct 2017 3:01 PM

First shipment of US crude oil reaches India

Indian companies have also contracted 9 MMTPA of LNG from the US and the first shipment is expected to be delivered to India in January 2018.

03 Oct 2017 4:40 AM

IOC to expand Paradip refinery after deal on tax incentives with Odisha govt

State-owned Indian Oil Corp (IOC) will invest about Rs 52,000 crore in expanding Paradip refinery.

20 Aug 2017 1:44 PM

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IOC, Odisha strike deal on tax incentives for Paradip refinery

VAT collected and not paid in 2015-16, 2016-17 and 2017 -18 will be deposited by IOC immediately.

19 Aug 2017 4:26 PM

Import of American crude oil to open 'new vistas' in India-US relation

Consignments of American crude oil left the US shores between August 6-14 and is likely to reach India in late September.

17 Aug 2017 4:09 PM

IOC Q1 net profit dips 45 per cent on lower refining margins

IOC sold 20.736 million tonne fuel in the domestic market and 1.772 million tonne abroad during Q1 of 2017-18.

03 Aug 2017 2:38 PM

BPCL seeks 70,000 tonnes petrol to plug supply gap

BPCL will shut a 100,000-barrel-per-day (bpd) crude unit for a month from July 29.

21 Jun 2017 3:22 PM

Saudi Aramco seeks exclusive talks over India oil refinery stake: Pradhan

Country's top refiner Indian Oil Corp will initially hold a 50 per cent stake in the project.

15 Jun 2017 11:33 AM

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IOC March-quarter profit jumps 85 per cent

India's top refiner said profit came in at 37.21 billion rupees ($576.45 million) in the quarter ended March 31.

25 May 2017 6:41 PM

Sell domestic LPG only to PSU oil firms: Govt

Govt asked all LPG producers including ONGC, GAIL India Ltd and RIL as well as parallel marketeers to comply with the order.

29 Nov 2016 3:45 PM

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