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IOC, GPS Renewables form JV for sustainable energy solutions

IOC, GPS Renewables form JV for sustainable energy solutions

Wed, Jun 19, 2024

By leveraging their combined expertise, IOC and GPS Renewables aim to accelerate the deployment of Compressed Bio Gas (CBG) plants nationwide.

Fuel sales slow due to monsoon rains - prelim data

Fuel sales slow due to monsoon rains - prelim data

Wed, Aug 16, 2023

State retailers Indian Oil Corp, Hindustan Petroleum Corp Ltd and Bharat Petroleum Corp Ltd own about 90 per cent of the country's retail fuel outlets.

Indian Oil Corp Q4: Consolidated net profit increases 55% YoY, final dividend of Rs 3 per share declared

Indian Oil Corp Q4: Consolidated net profit increases 55% YoY, final dividend of Rs 3 per share declared

Tue, May 16, 2023

Indian Oil Corp Q4: On a standalone basis, the net profit of the company increased 67 per cent year-on-year (YoY) to Rs 10,058.69 crore against Rs 6,021.88 crore reported in the March 2022 quarter.

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Indian Oil plans $22 billion expansion over five years

Indian Oil plans $22 billion expansion over five years

Sat, Mar 31, 2018

Refiners in India, the world`s third-biggest oil consumer and importer, have sketched out plans to raise their capacity by 77 percent to about 8.8 million bpd by 2030 to meet the country`s rising fuel demand. India is emerging as one of the global drivers for refined fuels consumption as its economic expansion and rising industrial activity yields infrastructure improvements and increased energy access for commercial and retail consumers

OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million

OVL, partners acquire 10% stake in Abu Dhabi oilfield for $600 million

Sun, Feb 11, 2018

The contract for the oilfield in Lower Zakum Concession was signed in Abu Dhabi last evening in the presence of Prime Minister Narendra Modi and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed al-Nahyan

ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain

ONGC to sell stake in IOC, GAIL to fund HPCL deal; shares gain

Tue, Jan 23, 2018

To purchase 51.11% stake in HPCL, the state-owned Oil & Natural Gas Corp (ONGC) needs to pay about Rs 36,915 crore to the government.

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

IOC, BPCL keen to acquire GAIL; co wants to merge with ONGC

Mon, Dec 25, 2017

The merger options were indicated following Finance Minister Arun Jaitley's announcement in the 2017-18 Budget speech on the government's plan to create integrated public sector oil majors that will be "able to match the performance of international and domestic private sector oil and gas companies".

Supreme Court allows cement industry to use petroleum coke

Supreme Court allows cement industry to use petroleum coke

Wed, Dec 13, 2017

India is the world`s biggest consumer of petroleum coke, better known as petcoke, a dark solid carbon material that emits 11 percent more greenhouse gas than coal, according to studies.

Delhi Smog tug-of-war: BS VI norms in 2018 may put Maruti in a tough spot, Indian Oil says is ready

Delhi Smog tug-of-war: BS VI norms in 2018 may put Maruti in a tough spot, Indian Oil says is ready

Wed, Nov 15, 2017

In a bid to curb pollution in Delhi, the Ministry of Petroleum and Natural Gas has said that it will implement the Bharat Stage-VI grade auto fuel norms by April next year instead of April 2020.

Air tickets to get expensive as jet fuel price hiked by 6%; LPG prices up by Rs 1.50

Air tickets to get expensive as jet fuel price hiked by 6%; LPG prices up by Rs 1.50

Sun, Oct 01, 2017

Aviation turbine fuel (ATF) will now cost Rs 3,025 per kl more than Rs 50,020 previously in Delhi. This the third consecutive monthly hike in ATF price, the last being by 4% (Rs 1,910 per kl) on September 1.

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Buyback fails to cheer investors as nine brokerages downgrade Infosys since Sikka's exit

Mon, Aug 21, 2017

Vishal Sikka, CEO and MD, Infosys' resignation has sent shivers down investors' spine as the stock lost nearly Rs 27,000 crore in value. Moreover, a Rs 13,000 crore first-time-ever share buyback has so far failed to cheer sentiments as the stock continued to lose value on Monday August 21, 2017.

Indian Oil's net profit declines by 45% yoy in Q1; Gross refining margin at $4.48 per barrel

Indian Oil's net profit declines by 45% yoy in Q1; Gross refining margin at $4.48 per barrel

Thu, Aug 03, 2017

IOC recorded net profit of Rs 4,548.51 crore, down by 44.99% compared to Rs 8,268.98 crore in the corresponding period of the previous year.

ONGC not to make open offer post HPCL acquisition: Official

ONGC not to make open offer post HPCL acquisition: Official

Sun, Jul 23, 2017

The Cabinet Committee on Economic Affairs (CCEA) last week gave in-principal approval of Oil and Natural Gas Corp (ONGC) buying out government's entire 51.11 per cent stake in fuel retailing and marketing company Hindustan Petroleum Corp Ltd. HPCL will continue to be a separate listed company.

Did you notice your petrol, diesel prices have come down by Rs 5 and Rs 3 per litre in one month

Did you notice your petrol, diesel prices have come down by Rs 5 and Rs 3 per litre in one month

Mon, Jul 17, 2017

There has been daily revision in petrol and diesel prices from June 16, 2017. IOC provides daily updates on fuel prices for four metro cities.

Did you notice your petrol, diesel prices have come down by over Rs 4 in the past 10 days?

Did you notice your petrol, diesel prices have come down by over Rs 4 in the past 10 days?

Tue, Jun 27, 2017

Petrol and diesel prices has come down by over 4% in four metro cities since the time state-owned oil companies decided to revise prices daily.

Check daily change of your petrol and diesel prices here

Check daily change of your petrol and diesel prices here

Tue, Jun 20, 2017

From June 16, 2016, petrol and diesel prices are undergoing daily revision.

Check your daily change in petrol, diesel prices here

Check your daily change in petrol, diesel prices here

Tue, Jun 20, 2017

From now onwards, you will see daily revision in your petrol and diesel prices. We at ZeeBiz, daily update on your petrol and diesel prices would be.

Check daily changes to your petrol, diesel prices here

Check daily changes to your petrol, diesel prices here

Mon, Jun 19, 2017

On June 19, 2017, petrol prices were slashed between Rs 21 - 28 paise and that of diesel price were changed by Rs 13 - 17 paise in four metro cities.

Daily revision: Petrol price cut by Rs 1.12 per litre, diesel by Rs 1.24

Daily revision: Petrol price cut by Rs 1.12 per litre, diesel by Rs 1.24

Thu, Jun 15, 2017

Prices of petrol has been decreased by Rs 1.12 per litre excluding state levies, while diesel prices have brought down by Rs 1.24 per litre excluding state levies.

After petrol and diesel, CNG prices will be revised daily too

After petrol and diesel, CNG prices will be revised daily too

Thu, Jun 15, 2017

State-owned oil companies are preparing to make another daily revision and this time it would be CNG prices.

Daily revision in petrol, diesel prices' nears to reality; here's what you can do

Daily revision in petrol, diesel prices' nears to reality; here's what you can do

Wed, Jun 14, 2017

Daily revision in petrol and diesel prices is just one day away from becoming a reality. Trouble in knowing the daily change in fuel prices, not to worry Indian Oil brings solution for both dealers and customers.

Oil firms set up system for smooth daily fuel price change

Oil firms set up system for smooth daily fuel price change

Mon, Jun 12, 2017

The Federation of All India Petroleum Traders (FAIPT) has, in a statement, said there will be "no purchase no sale" of petrol and diesel on June 16 to protest the decision.

Pilot project a success, now petrol and diesel prices set to change every day

Pilot project a success, now petrol and diesel prices set to change every day

Wed, Jun 07, 2017

The government's move to change petrol and diesel prices on a daily basis - currently being tested in five cities.

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