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Latest Articles in Indian Oil Corporation IOC

IOC, BPCL, HPCL Lost $2.25 Bn In Revenue Due To Fuel Price Freeze: Moody's

India's top fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue in March by keeping petrol and diesel prices unchanged

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IOC May Sell Some Petrol Pumps To JV With Petrona

IPPL can set up petrol pumps that will not just sell petrol and diesel but also have EV charging and battery swapping points as well as CNG/LPG and LNG dispensing stations.

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IOC Q1 Profit Jumps Over Three Folds On Refining Margin Boost

India's largest oil refiner earned USD 6.58 on turning every barrel of crude oil into fuel in the quarter as opposed to a gross refining margin (GRM) of a minimum USD 1.98 a barrel a year back.

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IOC To Build India's First Green Hydrogen Plant

IOC's refinery expansion plans include raising the capacity of units at Panipat in Haryana and Barauni in Bihar and setting up a new unit near Chennai.

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IOC Buys Oil From Guyana, Signs Up Term Pact For US Crude

IndianOil becomes the first Indian PSU refiner to procure Guyanese crude as part of our continuous efforts to diversify crude basket

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IOC Sources Oxygen From Singapore; Parcel Unloaded At Vizag Port

IOC is also handling the unloading and transportation of various imports of LMO, oxygen cylinders and oxygen concentrators being done by the Indian Red Cross Society.

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IOC Opens 500-Bedded Covid Care Centre In Panipat

Over 275 healthcare professionals will be manning this hospital including government doctors, doctors on internship, nurses and nursing students.

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Intense Bidding For KG-D6 Gas In E-Auction On DGH-Approved Platform

Gas users companies like Indian Oil Corporation (IOC), Reliance O2C, GAIL Gas, Adani Total Gas Ltd, Torrent Gas, Torrent Power and gas trading companies like GAIL, Shell and IGS were locked in the intense bidding war on the e-auction that happened on May 5

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IOC Renews Medical Insurance For Petrol Pump Attendants, LPG Delivery Boys

IOC will continue to provide an ex-gratia COVID-19 insurance cover of Rs 5 lakhs, in case of death due to COVID-19. The amount is payable to the next of kin of the deceased.

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Diesel Doped With Biodiesel Made From Used Cooking Oil Rolled Out

Bio-diesel that can be produced from vegetable oil, animal fat, tallow and waste cooking oil, Indian Oil Corporation (IOC) Chairman S M Vaidya said at a function to launch diesel doped with used cooking oil (UCO).

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India To Buy One-Third Less Oil From Saudi Arabia

Crude oil imports from OPEC countries decreased to 74.4 per cent of total imports during April 2020 to February 2021 as compared to 79.6 per cent in the same period of the previous year.

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LPG Consumption Up 7.3 % Despite Price Rise: Oil COs

Oil Minister Dharmendra Pradhan had told the Lok Sabha earlier this week that cooking gas prices have doubled since the BJP came to power seven years back.

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IOC Raises Rs 1,290 Cr In Debt

IOC shares were trading almost 2 per cent lower on the BSE at Rs 93.80.

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SBI, IOC Launch Co-Branded Rupay Debit Card

Customers can also earn reward points for spends on dining, movies, grocery and utility bills. The reward points can similarly be redeemed for dining, movies, grocery and utility bills

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