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Cabinet Approves Rs 30,000-Crore LPG Subsidy To Compensate Oil Firms For Losses
Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum -- to compensate for losses incurred from selling LPG at below cost over the past 15 months.
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IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
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1 Dead After Blast, Fire At Indian Oil Corporation Plant In Chennai
A worker was killed and another man seriously injured after an explosion today at Indian Oil Corporation's facility at Tondiarpet here, an official said.
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IOCL Apprentice Recruitment 2023: Registration For 1820 Posts Begins On December 16
IOCL Apprentice Recruitment 2023: Individuals who meet the eligibility criteria and are interested in applying can submit their applications through the official website, iocl.com.
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Viral Video: Underwater Gas Pipeline Bursts, Yamuna Water Gushes Up In UP Town
Officials of Indian Oil Corporation said that both upstream and downstream location valves have been closed and situation is under control.
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Crisis-Hit Sri Lanka To Get 2 Shipments Of Fuel In July, 1 In August
Sri Lanka will receive two ships containing petrol and diesel this month and another in August, the Chairman of Lanka IOC, the subsidiary of Indian Oil Corporation, said on Saturday as it will give relief to the people facing fuel shortages.
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Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
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India's IOC Buys 7 Million Barrels Of Crude Via Tenders - Report
Indian Oil Corp bought 4 million barrels of Murban crude and 3 million of West African Crude for May and June loading.
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Indian Oil Corp Agrees Fuels Deal For Crisis-Hit Sri Lanka
Indian Oil Corp (IOC) will supply gasoil, gasoline and jet fuel to Sri Lanka, as the island nation fights a crippling economic crisis that has caused an acute fuel shortage.
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India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
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Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
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Indian Oil Launches Cleaner, Fuel Efficient XtraGreen Diesel
Indian Oil says its new XtraGreen diesel uses a modified DMFA (Diesel Multi-Functional Additive) to lower emissions and improve the vehicle's fuel efficiency.
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IOC, Other PSUs Setting Up EV Charging Stations Likely To Facilitate EV Adoption
While PSUs like Indian Oil Corporation will be setting quite a few charging stations across India, state bodies have taken responsibility of their respective states and cities.
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Indian Oil To Set Up 10,000 E-Vehicle Charging Stations In 3 Years: Chairman
Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net zero carbon target by 2070, its chairman said.
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Indian Oil Defers Maintenance Shutdown Of Units At Haldia: Report
This source said the shutdown has been deferred to meet higher demand for diesel and petrol during the festival season.
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Cabinet Approves Rs 30,000-Crore LPG Subsidy To Compensate Oil Firms For Losses
Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum -- to compensate for losses incurred from selling LPG at below cost over the past 15 months.
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IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
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1 Dead After Blast, Fire At Indian Oil Corporation Plant In Chennai
A worker was killed and another man seriously injured after an explosion today at Indian Oil Corporation's facility at Tondiarpet here, an official said.
-
IOCL Apprentice Recruitment 2023: Registration For 1820 Posts Begins On December 16
IOCL Apprentice Recruitment 2023: Individuals who meet the eligibility criteria and are interested in applying can submit their applications through the official website, iocl.com.
-
Viral Video: Underwater Gas Pipeline Bursts, Yamuna Water Gushes Up In UP Town
Officials of Indian Oil Corporation said that both upstream and downstream location valves have been closed and situation is under control.
-
Crisis-Hit Sri Lanka To Get 2 Shipments Of Fuel In July, 1 In August
Sri Lanka will receive two ships containing petrol and diesel this month and another in August, the Chairman of Lanka IOC, the subsidiary of Indian Oil Corporation, said on Saturday as it will give relief to the people facing fuel shortages.
-
Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
-
India's IOC Buys 7 Million Barrels Of Crude Via Tenders - Report
Indian Oil Corp bought 4 million barrels of Murban crude and 3 million of West African Crude for May and June loading.
-
Indian Oil Corp Agrees Fuels Deal For Crisis-Hit Sri Lanka
Indian Oil Corp (IOC) will supply gasoil, gasoline and jet fuel to Sri Lanka, as the island nation fights a crippling economic crisis that has caused an acute fuel shortage.
-
India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
-
Indian Oil To Invest $944 Million On Gas Sales Network In Nine New Areas
IOC said it has obtained nine licences to sell gas to households, automobiles and small industries, representing about a third of the demand potential in 61 geographical areas in various states that were recently auctioned by the Petroleum and Natural Gas Board.
-
Indian Oil Launches Cleaner, Fuel Efficient XtraGreen Diesel
Indian Oil says its new XtraGreen diesel uses a modified DMFA (Diesel Multi-Functional Additive) to lower emissions and improve the vehicle's fuel efficiency.
-
IOC, Other PSUs Setting Up EV Charging Stations Likely To Facilitate EV Adoption
While PSUs like Indian Oil Corporation will be setting quite a few charging stations across India, state bodies have taken responsibility of their respective states and cities.
-
Indian Oil To Set Up 10,000 E-Vehicle Charging Stations In 3 Years: Chairman
Indian Oil Corp (IOC) will set up 10,000 electric vehicle charging stations in the next three years and is drawing up plans to cut greenhouse gas emissions from its operations to aid the country's net zero carbon target by 2070, its chairman said.
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Indian Oil Defers Maintenance Shutdown Of Units At Haldia: Report
This source said the shutdown has been deferred to meet higher demand for diesel and petrol during the festival season.
