Mumbai (Maharashtra) [India], May 19 (ANI): Oil marketing firm IndianOil Corporation (IOC) said on Wednesday its Q4 net profit rose by over 78 per cent to Rs 8,781 crore as compared to Rs 4,917 crore in the previous quarter.
Surat (Gujarat) [India], March 31 (ANI/PNN): An oil press machine helps people get pure oil. With a lot of brands, wholesalers, and retailers saturating the oil market, it gets really tough to tell whether the oil one is purchasing is pure and unadulterated or is impure to its core.
Moscow [Russia], March 4 (ANI/Sputnik): The situation on the global oil market has undoubtedly improved in the last two months, while OPEC+ states have shown a high level of compliance with the oil production cuts, Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Thursday.
Mumbai (Maharashtra) [India], Feb 27 (ANI): Oil marketing firm IndianOil Corporation (IOC) is expanding its Panipat refinery's capacity from 15 million metric tonnes per annum (MMTPA) to 25 MMTPA at a cost of Rs 32,946 crore.
Mumbai (Maharashtra) [India], February 16 (ANI): The sustained strength of marketing margins and recovering demand for petroleum products is supporting the profitability of India's oil marketing companies against weak gross refining margins (GRMs), thereby lowering downside risks for thei
New Delhi [India], February 14 (ANI): The price of liquefied petroleum gas domestic cylinder in Delhi has been increased by Rs 50 per unit, said sources.
Mumbai (Maharashtra) [India], February 4 (ANI): Oil marketing major Hindustan Petroleum Corporation Ltd (HPCL) on Thursday reported a net profit at Rs 2,355 crore for the third quarter ended December 31, 2020.
Mumbai (Maharashtra) [India], January 29 (ANI): Oil marketing firm IndianOil Corporation (IOC) said on Friday its net profit for December quarter more than doubled to Rs 4,917 crore from Rs 2,339 crore in the year-ago period.
New Delhi [India], November 11 (ANI/NewsVoir): Treis Solutions LLP (referred to as "Treis" or "FuelBuddy"), which is the first company to start fuel delivery services in India has recently appointed Sajjan Kumar Ahlawat as President for FuelBuddy.
New Delhi [India], October 29 (ANI): The CCEA on Thursday approved mechanism for procurement of ethanol by public sector Oil Marketing Companies (OMCs) under Ethanol Blended Petrol Programme and revised ethanol price for supply to them for 2020-21.
New Delhi [India], October 29 (ANI): BJP president JP Nadda welcomed the decisions of Prime Minister Narendra Modi-led Cabinet to approve the mechanism for procurement of ethanol by public sector oil marketing companies (OMCs).
Mumbai (Maharashtra) [India], Sep 22 (ANI): Oil marketing firm IndianOil Corporation (IOC) said on Tuesday that its board of directors has approved the plan for implementation of a petrochemical and lube integration project at the Gujarat refinery with an estimated cost of Rs 17,825 crore.