Search For "iocl"
Oil marketing companies making profit of Rs 15/lt on Petrol, Rs 12/lt on D
Updated : 1 year, 5 months ago IST
With crude prices going down, oil marketing companies (OMCs) are making huge profits by selling petrol and diesel.
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Assam Governor visits Chirang, holds meeting with district administration
Updated : 1 year, 5 months ago IST
Assam Governor Lakshman Prasad Acharya on Monday held a meeting with the district administration of Chirang at the conference hall of IOCL at Dhaligaon in Chirang. The meeting focused on evaluating the status of various Central and State Government schemes implemented across the district.
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Indian Oil & IIT Delhi select n0c tech for Carbon Capture & Storag
Updated : 1 year, 5 months ago IST
New Delhi [India], September 18: Due to growing pressure from governments and the public to reduce carbon emissions for combating climate change, companies across the globe, in the US, EU, and India are implementing technologies to reduce their carbon footprint. Recently, Indian Oil Corporat
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"War room was set up to ensure affected people reach their destinations":
Updated : 1 year, 6 months ago IST
On the 65th establishment day of Indian Oil Corporation Limited (IOCL), Union Minister of Petroleum and Natural Gas Hardeep Singh Puri lauded the company for its role and said that a war room was set up by the Petroleum Ministry to ensure that affected people reached their destinations af
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RINL and IOCL sign 5-year MoU for supply of hydraulic and lubricating oils
Updated : 1 year, 6 months ago IST
The exchange took place in the presence of prominent officials including R. Uday Kumar, Executive Director (Lubes) of IOCL, U. Sridhar, CGM (Works) I/c of RINL, VV Somaraju, GM (MM) & in-charge HOD, MM, RINL, R. Sundara Narayanan, CGM (Lubes), TAPSO, IOCL, NVS Murthy, GM (Lubes), TAPSO,
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New reservoir tested at Assam's Dirok gas field with 6 mscf of gas per day
Updated : 1 year, 7 months ago IST
Hardeep Singh Puri, posted on X, "Inspired by the vision of our Hon'ble PM @narendramodiJi, our Oil & Gas sector is striving hard to discover new finds and monetise existing discoveries. In a significant development, Dirok Field, located in ON-94/1 block at Margarita in Tinsukia distr
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Moody's affirms stable outlook for BPCL, IOCL
Updated : 1 year, 7 months ago IST
Moody's Ratings on Thursday affirmed a stable outlook for state-owned oil companies Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Limited (BPCL).
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Indian Oil PSU's have global presence with net investments of USD 40.6 bn,
Updated : 1 year, 8 months ago IST
Union Minister Hardeep Singh Puri reviewed the overseas assets of India's energy sector which includes the foreign branches of the India PSUs. It includes majorly ONGC Videsh Ltd (OVL), Indian Oil Corporation Ltd (IOCL), Oil India Ltd (OIL), Bharat PetroResources Ltd (BPRL), GAIL India, and
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ONGC inks deal with IOC to set up LNG plant near Hatta gas field in Madhya
Updated : 1 year, 8 months ago IST
According to a press release, the memorandum of understanding (MoU) was signed on 17 June. The Hatta LNG plant is poised to transform the energy dynamics of the Vindhyan Basin, elevating it from a Category II to a Category I Basin, indicative of its enhanced resource potential and economic i
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Oil marketing companies' FY24 combined profit rose over 25 times YoY
Updated : 1 year, 10 months ago IST
According to the Ministry of Petroleum and Natural Gas, the combined profit of OMCs for FY 2023-24 stood at Rs 86,000 crore, over 25 times higher than the extraordinarily difficult previous fiscal year.
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Tripura govt imposes fuel rationing amid supply disruptions
Updated : 1 year, 10 months ago IST
Retail outlets (R/Os) of Indian Oil Corporation Ltd (IOCL), Hindustan Petroleum Corporation Ltd (HPCL), and Bharat Petroleum Corporation Ltd (BPCL) will enforce the daily fuel allocation, like Rs 200 per day for two-wheelers and three-wheelers, Rs 500 per day for four-wheelers.
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Indian Oil set to produce fuel for Formula 1 cars
Updated : 2 years ago IST
Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Odisha's Paradip refinery, said SM Vaidya, Chairman, IOCL, as he announced the partnership with Two Wheels Motor Racing as the "Official Fuel Partner" for the prestigious FIM (Federation Internat
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