Indian Oil Corporation Ltd News

OMC shares gain up to 6% on lower crude oil prices; should you buy or hold?

While Motilal Oswal Financial Services think the rally in OMC stocks is now entering the last phase, the brokerage firm still see a few positive catalysts.

Indian Oil Corporation to award green hydrogen tender by mid-May

IOCL plans to set up green hydrogen units at all of its refineries as part of a ₹2.4 trillion green transition plan to achieve net zero carbon emission status by 2046

Indian Oil pauses Russia oil deal talks, says not related to US sanctions

Indian Oil Corporation had a term deal with Russia, which expired in March 2023 and has not been renewed since

IOCL Q4 results: Net profit rises 58% to ₹8,124 crore, revenue down by 1%

Falling expenses, inventory gains, relatively stable GRMs helped push up net profit

Q4 results today: Adani Power, Indian Oil, Vedanta, Moil, Crisil on Apr 30

Q4 FY25 company results today: Varun Beverage, Jindal Steel & Power, and Federal Bank will be among 51 companies to post earnings reports for the January-March quarter on April 30

Indian Oil inks five-year deal with Trafigura to import US-linked LNG

Supplies under the deal would begin from the second half of this year, he said, adding that the price of the LNG is linked to the US Henry Hub benchmark

Indian Oil Q4 result: Net profit jumps 58% to ₹8,124 cr; dividend declared

Indian Oil Corporation Q4 FY25 result: The board has recommended a 30 per cent final dividend of ₹3.00 per equity share of face value ₹10 each 2024-25

BSE oil and gas index up 3%; check what put all these stocks on fire today

The BSE Oil & Gas index touched intraday high of 26,551.71, up 3.12 per cent from previous session's close of 25,746.71. HPCL, BPCL, IOC were among the top gainers in trade on April 29, data shows

IOC plans to operate Gujarat refinery at higher capacity from mid-2026

IOC is revamping one of the five crude units at the 274,000 bpd refinery in Gujarat to raise overall capacity by 86,000 bpd

Hyundai teams up with IndianOil to test hydrogen fuel cell in India

Hyundai Motor India Ltd on Tuesday said it has partnered with Indian Oil Corporation Ltd to explore viability for mass-use of Hydrogen fuel cell vehicles in India. The company has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation, under which it has handed over one Hyundai NEXO Hydrogen FCEV to IndianOil for conducting real-world tests on Indian roads, Hyundai Motor India Ltd (HMIL) said in a statement. During the two-year trial period, HMIL and IndianOil will evaluate longevity and operational reliability over an estimated distance of 40,000 km, it added. A Total Cost of Ownership (TCO) assessment, including periodic maintenance, will also be conducted to provide critical insights into the long-term economic and environmental benefits of adopting hydrogen-powered vehicles for the Indian market, the company said. HMIL Managing Director Unsoo Kim said through the partnership with Indian Oil Corporation, the company aims to combine world-class Hydrogen fuel cell

HPCL, BPCL, IOC: Time to buy or sell OMCs as govt hikes excise duty?

Technically, HPCL, BPCL stock seem to be favourably placed on the charts with key support at ₹ 324 and ₹ 255, respectively. IOC stock chart however flags a caution sign.

OMCs shares in focus; BPCL, HPCL, IOCL gain up to 3%, here's why

The Indian government has increased the price of a 14.2 kg LPG cylinder by ₹50. Simultaneously, the government has raised the excise duty on petrol and diesel by ₹2 per litre, a move impacting OMCs.

ONGC, BPCL rally up to 5% as Saudi Aramco draws India investment plan

Aramco is specifically targeting BPCL's refinery in Andhra Pradesh and ONGC's refinery in Gujarat, said a Reuters report.

BSE Oil & Gas index rally 7% in 1 week; Gail surges 7% on positive outlook

As of 09:22 AM; the BSE Oil & Gas index was up 1.7 per cent, as compared to 0.68 per cent rise in the BSE Sensex.

BSE Oil & Gas index surges over 3%; ONGC, BPCL, HPCL, GAIL rally up to 7%

In the past six months, the oil & gas index has underperformed the market by falling 18 per cent, as against a 9.5 per cent decline in BSE Sensex.

Indian Oil ties up with Novac Technology Solutions for employee upskilling

This strategic partnership between IOCL and Novac Technology Solutions signifies a monumental leap forward in workforce development and learning innovation within the energy sector

Indian Oil Corp inks 14-year LNG supply pact worth $7-9 bn with UAE's ADNOC

Indian Oil Corporation (IOC), the nation's largest oil firm, has signed a USD 7-9 billion deal to import LNG from UAE on a long-term 14-year contract. IOC signed a long-term deal to receive 1.2 million tonnes per year of LNG from the United Arab Emirates beginning 2026 for 14 years. "ADNOC Gas has signed a 14-year sales and purchase agreement with Indian Oil Corporation Ltd (IOC) for the export of up to 1.2 million tonnes per annum (mtpa) of Liquefied Natural Gas (LNG) to India's largest integrated and diversified energy company which will be supplied from Das Island liquefaction facility," ADNOC Gas said in a statement. The deal was signed on the sidelines of India Energy Week here. "The agreement, valued in the range of USD 7 billion to USD 9 billion over its 14-year term signifies a major step forward in the partnership with IOC and we look forward to supporting India's plans to make gas 15 per cent of its primary energy basket by 2030," it added. The deal with IOC is the secon

Reliance, Hero Moto, Coal India, DLF, REC from BSE 100 index hit 52-wk lows

Asian Paints, Power Grid, Tata Motors, Canara Bank, GAIL (India), Indian Oil Corporation, Jio Financial and Tube Investments of India from the index also hit their respective 52-week lows today

BPCL, IOC shares slide up to 7% on Budget disappointment, oil price rise

The FY26 budget has allocated Rs 12,100 crore for LPG subsidiary, far lower than the anticipated value

Indian Oil faces decline in Russian oil imports in this fiscal year

Indian refiners are struggling to secure Russian oil supplies following the latest US sanctions aimed at Russian producers