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Latest Articles in indian oil corporation

IOC Sees Growth In Indian Fuel Demand Above 4% In 2019

Gasoline and jet fuel demand are expected to rise by 7-8% this year, while diesel consumption could increase by 3%

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Indian Oil Corporation: Fuelling Growth

The oil behemoth is on course to mark 60th year of its excellence

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IOC: Energising The Nation

IOC accounts for nearly half of India’s petroleum products market share, with sales of 88.76 million tonnes in 2017-18

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India's Oil Demand To Climb To 500 Million Tonnes Per Year By 2040: Indian Oil

Indian Oil Corp today said that the demand is equivalent to around 10 million barrels per day (bpd), up from about 4.7 million bpd in 2017

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IndianOil To Start Production Of Biomass-based Ethanol

Indian Oil Corporation (IndianOil) would initiate production of second generation ethanol by utilising crop residues and other biomass as feedstock at village Baoli in Panipat district of Haryana.

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Energy Backbone

Indian Oil Corporation has invested consistently into strengthening its future

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Indian Oil Refiners Issue Tanker Tenders Aimed At Boosting Domestic Shipping

According to the tender documents sent out by Bharat Petroleum Corp, they are only seeking bids from Indian-flagged Suezmax tankers capable of carrying up to 1 million barrels of oil for a five-year period

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HOEC Starts Commercial Gas Sale From Dirok Field

HOEC plans to ramp up production to full capacity over the next six months. At full capacity, the Dirok field will contribute over 12 per cent of the total gas produced in Assam, which will help fulfil more than 50 per cent of the current gas shortage in the state

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IOC Drops Plans To Merge Chennai Petroleum With Itself

IOC holds 51.89 per cent stake in CPCL and had planned to merge the company with itself like it had done with another subsidiary, Bongaigaon Refinery and Petrochemicals Ltd (BRPL), more than a decade ago

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Narendra Modi Meets Top Global, Indian Oil Chiefs; Talks About Investment

The main theme of the meeting, sources said, was to seek investment in exploration and production, processing, transportation and distribution network in oil and gas

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IOC, BPCL, HPCL To Borrow More To Keep Up Capital Spend: Moody's

It expected dividend payments by the three to decline modestly in 2017-18, but remain higher than in 2015-16

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Hindustan Oil Exploration Company Grants Petroleum Mining Lease To Dirok Gas field

On successful testing and completion of the sixth well, all the six wells in the field are ready to hook up for production

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IOC, Odisha Strike Deal On Tax Incentives For Paradip Refinery

It is agreed that state government will give Rs 700 crore per annum interest-free loan for 15 years; earlier state head agreed to provide total deferment of VAT

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Indian Oil Corp Gets Government Nod To buy US Crude Oil Every Month In 2017

The shipping ministry has allowed the country's largest oil firm to import one parcel or cargo of crude oil from the US every month in foreign ships, said a senior oil ministry official

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HPCL Joins Talks To Buy Stake In Russian Oil Fields

These investments will give India 15.18 mt of oil equivalent. These compare to USD 28.48 billion investment by Indian companies overseas in the past 50 years, leading to about 10 million tonnes of oil equivalent.

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