Keyword : Indian Oil

Sale of stake in NTPC and Indian Oil okayed by cabinet

The government has approved stake sales in giant state-owned units Indian Oil (IOC) and National Thermal Power Corporation (NTPC) to mop up close to Rs 10,000 crore. The proposal was cleared at uni

Insurance major rescues Indian Oil from slipping on manic Monday

Disinvestment secretary Aradhana Johri said it was a very difficult day. “Still we are happy to have got the value despite huge volatility,” she said. She should be happy as the governm

Morning briefing: Forex reserves near record level at $353.069 billion

Country`s foreign exchange reserves rose to $353.069 billion at the end of October 9, close to its all time high of $355.459 billion seen on June 26. According to reserve bank of India the forex re

Indian Oil allocates big budget to upgrade Paradip refinery

Indian Oil Corp aims to invest Rs 40 billion ($600 million) in upgrading its newest refinery in Paradip, Odisha,  after the government decided to fast track the introduction of road vehicle fu

“ONGC should merge with other state-run refiners”

Oil and Natural Gas Corporation (ONGC), India`s largest oil and gas exploration and production company, should merge with a refining corporation such as Indian Oil, Bharat Petroleum or Hindustan Pe

Now get discount on online booking of LPG cylinders

 In a bid to encourage people to use digital modes of payments, oil marketing companies -- Indian Oil, BPCL and HPCL -- have decided to offer discount of Rs 5 on every LPG (cooking gas) cylind

Indian Oil commissions 40 ‘smart’ terminals to boost accuracy

In its bid to maximise accuracy at its supply points by leveraging technology, Indian Oil Corporation Ltd (IOCL), a Maharatna PSU, has commissioned 40 SMART terminals and will convert the remaini

Indian Oil posts net profit of Rs 15,386 cr till Dec 2016

The income from operations for the first nine months of 2016-17 fiscal of Indian Oil was Rs 3,23,120 crore as compared to Rs 3,08,112 crore in corresponding period of 2015-16 fiscal.

Over 2.20 cr LPG connections distributed under Ujjwala

Minister of state for petroleum and natural gas, Dharmendra Pradhan said that over 2.20 crore cooking gas connections have been given in the first year of the Pradhan Mantri Ujjwala Yojana (PMUY).

IOCL pays VAT of Rs 2,935 cr to Odisha

In the resolution of the issue of VAT deferment for Indian Oil Corporation’s (IOCL) Paradip refinery in Odisha, IOCL has made VAT payment of Rs 2,935 crore to Odisha government. The refinery

Govt revises ethanol price at Rs 40.85 per litre

The government has revised the price of ethanol at Rs 40.85 per litre under ethanol blended petrol (EBP) programme for supply to the public sector oil marketing companies—Indian oil corporati

IOCL launches electric vehicle charging station in Nagpur

The Indian Oil Corporation Ltd (IOCL) in collaboration with Ola has launched the country’s first electric charging station at one of its petrol pumps in Nagpur. Nagpur, being t

IndianOil adopts 2018 as ‘Year of Trust`

IndianOil Corporation (IndianOil) has adopted 2018 as the `Year of Trust`. From Pradhan Mantri Ujjwala Yojana (PMUY) to daily price revision of petrol & diesel, to the decision t

Two die in a fire incident at ICOL’s Naphtha cracker unit

Two people were killed in the fire that broke out at the Polyethylene Swing Unit of Panipat Naphtha Cracker Complex on January 22. As a precautionary measure, the swing unit is temporarily u

IOCL Q3 profit nearly doubles to Rs 7,883 cr

Indian Oil Corporation has posted close to two-fold jump in net profit of third quarter of the current fiscal. It clocked a profit of Rs 7,883 crore in Q3 of this fiscal, compared to Rs 3,995 crore

JetPrivilege members to get rewarded at IOCL fuel outlets

The state-run oil marketing company, Indian Oil Corporation Limited (IOCL) has joined hands with Jet Privilege Private Limited (JPPL) to empower members to earn as well as redeem JPMiles whenever t

Indian Oil flags off India’s first hydrogen fuel cell bus

Indian Oil Corporation Ltd and Tata Motors successfully unveiled the demonstration trials of India`s first hydrogen fuel cell bus. Principal scientific adviser to union government Dr

President Kovind unveils Institute of Chemical Technology in Bhubaneswar

The Bhubaneswar campus of Institute of Chemical Technology (ICT) Mumbai of Indian Oil Corporation was recently inaugurated by President Ram Nath Kovind. He also laid the foundation stone of the per

IOCL revises domestic subsidised LPG prices

Indian Oil has increased the price of cooking gas by Rs 2.71 per cylinder in the effective price of subsidised LPG cylinder in Delhi for domestic customers. The corporation said that the hike is ma

Price of subsidised LPG gas up by Rs 1.76 per cylinder

Indian Oil Corporation has increased the price of LPG cooking gas by Rs 1.76 per cylinder, taking cost of a subsidised cylinder from Rs 496.26 in July to Rs 498.02 in August in Delhi for domestic c

Indian Oil announces Q1 2018-19 financial results

Indian Oil’s revenue from operations stood at Rs 1,49,747 crore in Q1 2018-19 fiscal as compared to Rs. 1,28,183 crore in the corresponding quarter of the previous fiscal. Prof

Subsidised LPG cylinder price goes up by Rs 2.94

Indian Oil has increased the price of subsidised LPG cylinder in Delhi for domestic customers by Rs 2.94 per cylinder for the month of November.   A subsidised LPG cylind



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