Indian Oil and a BPCL arm have reported a new oil find in Abu Dhabi through their joint venture. The discovery follows an earlier find in 2024, the company said
IOC bought 2 million barrels of medium-heavy sour Oriente oil, the sources said, without elaborating on the pricing and seller
The US President Donald Trump approved a bipartisan Bill titled the 'Sanctioning of Russia Act 2025', according to US Senator Lindsey Graham
Motilal Oswal expects its coverage universe to report a 4 per cent Y-o-Y decline in sales in Q3FY26, while Ebitda and PAT are projected to grow 16 per cent and 25 per cent Y-o-Y
OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.
JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026
Among them, IOC shares will go ex-dividend, while Anirit Ventures shares will turn ex-date for a rights issue
Analysts at YES Securities have recommended a 'BUY' rating on Chennai Petro, MRPL, BPCL and Reliance Industries on the back of upbeat prospects for these oil refining companies.
Antique Stock Broking reiterated 'Buy' on Hindustan Petroleum Corp., Bharat Petroleum Corp., and Indian Oil Corp, with HPCL as the top pick
The company's first partnership with TotalEnergies would help exploration in deep-water and ultra-deep water blocks, an area where OIL lacks significant expertise, Rath said
Outlook on OMCs: Analysts at Motilal Oswal revised upwards the FY26/FY27 estimates for OMCs factoring in monthly LPG under recovery compensation over Nov'25-Oct'26 under revenue.
The Public Works Department (PWD) is planning to partner with Indian Oil Corporation (IOC) to garner support for its CSR initiative 'adopt a flyover' project, sources said on Friday. Under the initiative, private firms can adopt public infrastructure, taking responsibility for its maintenance, beautification, and cleanliness, in return for limited advertising rights on the adopted structures. In July this year, a decision was taken in a high-level meeting chaired by PWD Minister Parvesh Verma to prepare large infrastructure proposals that align with the public-private partnership (PPP) framework and Corporate Social Responsibility (CSR) initiative. The shift in policy comes amid concerns over delays and cost overruns in previous public infrastructure projects due to funding limitations. One of those projects is the 'adopt a flyover' project, based on the PPP model for cleanliness and better care of road infrastructure, officials added. According to officials, a meeting was held ...
3M India, Indian Oil, JK Tyre and Titan zoomed up to 19% in Tuesday's trade. Technical charts suggest these 4 stocks can rally to fresh life-time highs and rally up to 25% from here.
In the past one week, the BSE Oil & Gas index up 3.4 per cent, as compared to 0.91 per cent decline in the BSE Sensex.
In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.
The partnership with Vitol will help Indian Oil cut crude-procurement costs from spot markets and improve margins through access to new buyers
Oil & Gas stocks rally on D-Street: At 12:38 PM; BSE Oil & Gas was up 2.5 per cent, as compared to 0.42 rise in the BSE Sensex.
Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts
In Q2, IOCL's consolidated net profit stood at ₹7,817.55 crore, as compared to a net loss of ₹169.58 crore a year ago
In Q2FY25, IOCL recorded a net loss of ₹169.58 crore on the back of a drop in average gross refining margins (GRMs)-the revenue refiners accrue from transforming each barrel of crude oil into refined