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.
New Delhi [India], September 14 (ANI): The Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday said that under the Pradhan Mantri Ujjwala Yojana (PMUY), the target of 8 crore new LPG connections has been achieved and Oil Marketing Companies (OMCs) issued 1306.87 lakh LPG refills
Mumbai (Maharashtra) [India], July 31 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Friday posted 40 per cent year-on-year fall in its consolidated net profit at Rs 2,227 crore for the quarter June 30 as compared to a net profit of Rs 3,738 crore in Q1 FY20.
New Delhi [India], June 30 (ANI): The price of petrol and diesel in the national capital remained the same on Tuesday as no changes were made by oil marketing companies. The prices of petrol and diesel were increased by Rs 0.05 and Rs 0.13 respectively yesterday.
New Delhi [India], June 27 (ANI): Fuel prices were hiked by the oil marketing companies for the 21st day in a row on Saturday. Petrol and diesel will now cost Rs 80.38/litre and Rs 80.40/litre respectively in the national capital.
New Delhi [India], June 26 (ANI): As fuel prices were raised for the 20th day in a row on Friday, petrol and diesel prices crossed Rs 80-mark in the national capital.
New Delhi [India], June 25 (ANI): State-run oil-marketing companies (OMCs) has been increasing the fuel prices for the last 17 days and for the first time in the history, diesel prices in the national capital crossed that of petrol on Wednesday.
Mumbai (Maharashtra) [India], June 24 (ANI): Oil marketing firm IndianOil Corporation (IOC) on Wednesday posted a consolidated net loss of Rs 7,783 crore for the quarter ended March on a one-time loss of Rs 11,305 crore.