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Latest Articles in indian oil

SDMC signs MoU with Indian Oil, NTPC for Waste to Wealth Plant at Okhla landfill site

SDMC signs MoU with Indian Oil, NTPC for Waste to Wealth Plant at Okhla landfill site

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Dharmendra Pradhan, Naveen Patnaik Inaugurate Indian Oil's PADC In Odisha

Constructed on 5-acre of land with a capital expenditure of Rs 43 crore, the PADC has been set up by Indian Oil Corporation Ltd (IOCL) adjacent to its Refinery complex in Odisha's Paradip.

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Indian Oil Names Shrikant Vaidya as New Chairman

Shrikant Madhav Vaidya aims to immediately ensure continuity in supplies and operations amid muted demand expected ahead.

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ONGC Sells June-Loading Russian Sokol Crude At Record Discount

Demand for crude grades like Sokol, which yields more middle distillates such as jet fuel and gas oil after refining, has weakened sharply.

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Indian Oil Reports Three-Fold Jump In Q3 Profit At Rs 2,339 Crore

An increase in global crude oil price generally leads to inventory gains as oil marketers that bought the stock at lower prices can sell refined fuel through retail outlets at higher rates.

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Billionaire Ambani's Reliance Posts Record Profit On Consumer Strength

The company had previously said it would sign a definitive agreement with Aramco by March 2020.

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OPEC's Share Of Indian Oil Imports In October Hits Lowest Since 2011

India, which usually imports about 80 per cent of its needs from members of the Organization of the Petroleum Exporting Countries (OPEC).

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Indian Oil's Second Quarter Net Profit Down By 83% To Rs 563 Crore

Its refinery throughput declined marginally to 17.53 million tonnes in Q2 FY20 as compared to 17.81 million tonnes in Q2 FY19.

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Equity Indices In The Green, Indian Oil Jumps Over 2%

Asian indices opened in the green led by the Japanese Nikkei which rose by over 1.5 per cent in early trade.

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Indian Oil Sells More Naphtha For August: Sources

IOC sold the 35,000-tonne naphtha cargo for Aug. 28-30 loading from Chennai to commodity trader Trafigura at a premium of about $17 a tonne to its own price formula on a free-on-board (FOB) basis after extending the validity of the sales tender by a day, the sources said.

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Indian Oil Corp Third-Quarter Profit Plunges About 91 Percent

Indian Oil Corp Ltd (IOC) reported nearly 91 percent slump in quarterly profit on Wednesday, as a plunge in global crude prices took a toll on margins of oil refiners and marketing companies

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Indian Oil Says Iran May Still Invest In Chennai Petroleum Expansion

Iran's participation has been questioned after India cut back its Iranian crude oil imports following U.S. sanctions

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Indian Oil Shuts 40,000-bpd Crude Unit At Haldia Plant After Small Fire

The crude unit has been isolated and is expected to resume operation from Saturday, the source said, adding that the remaining units at the plant were operating normally

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IOC, BPCL May Buy 26% Stake Each In GAIL

The government has so far not taken any view on the proposals made by IOC and BPCL

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IOC Third-quarter Profit Nearly Doubles, Beats Estimates

Net profit surged 97 percent to 78.83 billion rupees ($1.24 billion) in the quarter ended Dec. 31, from 39.95 billion rupees a year earlier

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