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Latest Articles in Indian Oil Corp IOC

IOC To Invest Rs 1 Lakh Cr To Expand Refining Capacity: Chairman

IOC operates 11 refineries that convert crude oil into valued fuels such as petrol and diesel. These have a combined capacity of 81.2 million tonne.

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IOC To Use Drones To Check Fuel Thefts From Pipelines

Use of technology helped throttle 34 attempts to pilfer fuel and arrest 53 persons in the 2020-21 fiscal year, they said adding the latest incident was in Sonipat, Haryana on August 17.

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Indian Oil Plans To Install Electric Vehicle Charging Facility At 100 Outlets In Maharashtra

The Aurangabad rural police-run outlet that became operational last year is the only outlet selected in 'Azadi ka Amrit Mahotsav' across Maharashtra

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IOC, GAIL May Buy Shares If Open Offer For Petronet, IGL Gets Triggered

The stake sale in India's second-largest fuel retailer is crucial to raise a record Rs 1.75 lakh crore from disinvestment proceeds in fiscal 2021-22 (April 2021 to March 2022).

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Indian Oil's Quarterly Profit More Than Doubles On Inventory Gains

The country's top refiner, posted a net profit of 49.17 billion rupees ($673.75 million) for the quarter ended Dec. 31, compared with 23.39 billion rupees a year earlier.

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Indian Oil Buys Cargo For Late Feb-March Delivery, Seeks More

IOC is also seeking a cargo for delivery on March 10 to Dahej through a tender which closes on Wednesday,

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IOC Buys Its First Cargo Of Iraqi Basra Medium Oil - Data, Source

IOC loaded the cargo onto Minerva Kalypso, a suezmax-sized vessel, which left Iraq's southern port of Basra on Jan. 4, the data showed.

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India's October Gasoline, Gasoil Sales Exceed Pre-Coronavirus Levels

Diesel sales by the country's three state fuel retailers totalled 6.17 million tonnes in October, according to provisional data compiled by Indian Oil Corp (IOC), the country's biggest refiner and fuel retailer.

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Indian Oil Sees Gasoil, Petrol Sales At Pre-Pandemic Levels In First Half Of FY21

India, the world's third-biggest oil importer and consumer, has experienced a sharp decline in its fuel demand, mirroring a global trend following the coronavirus outbreak.

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Indian Oil Corp Posts March Quarter Loss As Inventory Losses Surge

Revenue from operations for the reported quarter fell 2.7% to 1.4 trillion rupees.

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IOC Close To First Tender To Export Fuel To Bangladesh

BPC has sought 870,000 tonnes of gasoil with sulphur content of no more than 500 parts per million (ppm), 120,000 tonnes of jet fuel

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IOC To Decide On Bidding For BPCL After Govt Lays Out Rules: Chairman

Chairman Sanjiv Singh says since the government’s stand is that it has no business to be in business, its unclear if a PSU can bid.

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