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4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
Indian Oil set to produce fuel for Formula 1 cars
Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Od…
ANI
5 mins read
State-owned oil stocks have more juice left in the barrel
Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…
1 min read
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
2 mins read
Stocks unlikely to be impacted by windfall tax removal
Windfall tax or the Special Additional Excise Duty (SAED) on domestically produced crude petroleum …
1 min read
Indian oil refiners are using China's yuan instead of the US dollar to buy Russian crude
In June, Indian Oil was the first state refiner to purchase Russian crude using the yuan, sources t…
Filip De Mott
3 mins read
Indian Oil to invest ₹61,077 crore in a petchem complex at Paradip in Odisha
In a statement, Indian Oil Corporation (IOC) said its board has given "Stage-1 approval for setting…
PTI
5 mins read
Sensex, Nifty50 choppy on negative global cues – BPCL, HUL among gainers; steel cos down
Sensex and Nifty50 were having a volatile session swinging between losses and gains amid negative c…
1 min read
Petrol export by OMCs rose 142% between 2020-21 and 2021-22
The export of petrol by Indian oil marketing companies (OMCs) rose 142% in a year between 2020-21 a…
3 mins read
Indian Oil Corporation is hiring 300 apprentices across southern states of India
4. Candidates with qualification acquired through distance learning …
1 min read
ITC, Bharti Airtel, Indian Oil Corp among stocks to watch out for on May 18
Benchmark indices may open on a slightly negative note as SGX Nifty, an early indicator of the mark…