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4 mins read
Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra
A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…
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
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net p…
PTI
1 min read
IndianOil posts 69% drop in its standalone net profit for 2022-23
The oil marketing company has reported revenue from operations of Rs 9,34,953 crore for 2022-23 as …
ANI
2 mins read
Facing fines, PSUs tell stock exchanges power to appoint directors vests with govt
Public sector undertakings (PSUs) that have been fined by stock exchanges have told them that the a…
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…
2 mins read
PM Modi endorses Indian Oil's 'Surya Nutan' solar cooker at India Energy Week! Should you switch?
After the initial set-up, the company claims that daily captured sunlight will be enough to cook en…
1 min read
Oil pipeline leaks in Bihar village sending locals into a looting frenzy
A village in Bihar on Tuesday witnessed a mad scramble for petroleum, suddenly up for grabs from an…
PTI
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…
2 mins read
Reliance Jio bags Indian Oil order to provide managed network services at 7,200 sites across the country
Reliance Jio has won an agreement with state-owned Indian Oil Corporation to provide enterprise-gra…
1 min read
Govt to give Rs 22,000 cr grant to oil PSUs to cover LPG losses
The government will extend a one-time grant of Rs 22,000 crore to three state-owned fuel retailers …
PTI
3 mins read
Cheetahs are coming back – this can boost the health of India’s shrinking grasslands
Cheetahs are coming back – this can boost the health of India’s shrinking grasslands
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…