Page 5 - Indian Oil Corp
Top refiner Indian Oil Corp to spend $25 bn for 2046 net-zero goal
The company plans to invest more than $25 billion to achieve net-zero emissions from its operations by 2046, its chairman SM Vaidya said at an annual shareholders meeting
 "Top refiner Indian Oil Corp to spend $25 bn for 2046 net-zero goal")
Indian Oil aims to restart Paradip refinery from mid-Sept: Report
Indian Oil Corp will restart crude processing at its 300,000 barrel per day Paradip refinery in eastern Odisha state from mid-September after a 45-day maintenance turnaround
 "Indian Oil aims to restart Paradip refinery from mid-Sept: Report")
IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14 in Q1FY23: Report
The nation's largest oil refining and fuel retailing firm reported a net loss of Rs 1,993 cr in April-June qtr compared to Rs 5,941 cr of net profit in the same period a year back
 "IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14 in Q1FY23: Report")
Top headlines: HDFC Q1 net rises 22%; IOC posts Rs 1,993-cr net loss in Q1
Swiggy announced on Friday that it has extended its 'Future of Work' policy and announced a permanent work-from-anywhere for majority of roles.
China facing stiff competition for its favourite Russian oil from India
India has ramped up purchases of crude from Russia's far east, a grade that's typically favored by Chinese oil refiners
 "China facing stiff competition for its favourite Russian oil from India")
Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts
Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal
 "Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts")
Petrol export duty: Will RIL shares fall more after Friday's 9% slide?
The bias for Reliance remains positive, with strong support seen at the 50-WMA, below which the next significant support is at Rs 2,350.
 "Petrol export duty: Will RIL shares fall more after Friday's 9% slide?")
Russia's Rosneft ramps up oil sales to Indian Oil in May: Traders
Russia's Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country's top refiner
Indian Oil launches methanol-blended petrol on pilot basis in Assam
Union Minister of State for Petroleum and Natural Gas Rameswar Teli launched the M15 petrol in the presence of Niti Aayog member VK Saraswat and IOC chairman SM Vaidya on Saturday.
Indian Oil Corp buys 4 million bbls of crude via tenders: Report
Indian Oil Corp, the country's top refiner, has purchased a total of 4 million barrels of crude via tenders for May and June loading, traders said on Wednesday.
 "Indian Oil Corp buys 4 million bbls of crude via tenders: Report")
IOC, L&T, ReNew announce joint venture for India green hydrogen business
IndianOil and L&T to form separate JV to manufacture and sell electrolysers.
 "IOC, L&T, ReNew announce joint venture for India green hydrogen business")
Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%
CLOSING BELL: Besides, Kotak Bank, HUL, IndusInd Bank, Tata Steel, L&T, and Sun Pharma were the other top gainers
 "Sensex sprints 1,335 points, Nifty tops 18,050; HDFC twins jump up to 10%")
Indian Oil follows billionaires Ambani, Adani in green hydrogen bet
Green hydrogen, produced from water and green electricity and considered the cleanest form of fuel, is a potential path to decarbonize heavy industries
Indian Oil, L&T and Renew to form JV to develop green hydrogen business
The three companies Indian Oil, L&T and Renew will hold equal stakes in the proposed JV which will develop green hydrogen assets in India.
 "Indian Oil, L&T and Renew to form JV to develop green hydrogen business")
S Jaishankar visits Lanka IOC to take stock of fuel supply situation
EAM S Jaishankar visited Lanka IOC, the local subsidiary of India's oil major Indian Oil Corporation here and took stock of the island nation's fuel supply situation
 "S Jaishankar visits Lanka IOC to take stock of fuel supply situation")
Indian Oil to raise petrol, diesel prices by 80 paise per litre from Friday
A litre of petrol will cost Rs 97.81 rupees while diesel will be sold at Rs 89.07 in Delhi
 "Indian Oil to raise petrol, diesel prices by 80 paise per litre from Friday")
Indian shares fall as oil prices climb; banks, consumer companies weigh
State-controlled fuel retailers in India, which is the world's third-biggest consumer and importer of oil, will raise petrol and diesel pump prices for the first time since November
 "Indian shares fall as oil prices climb; banks, consumer companies weigh")
India to raise petrol, diesel prices after 4-month hiatus, say dealers
India's three state-run fuel retailers - Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp - dominate fuel retailing in India, and tend to move their prices together
 "India to raise petrol, diesel prices after 4-month hiatus, say dealers")
IOC's June oil imports to be via tenders after snap 9 mn bbl deal: Report
On Friday, IOC purchased 9 million barrels of crude which are expected to be delivered in May.
 "IOC's June oil imports to be via tenders after snap 9 mn bbl deal: Report")
Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal
Indian Oil Corp (IOC) will supply 12-13 fuel cargoes to Sri Lanka to help the island nation facing an energy crisis, the Indian company said