Page 7 - Indian Oil Corp

Indian Oil Corp to invest Rs 24,000 crore in Gujarat petchem project

The LuPech project will produce import substitutes like Lube Oil Base Stock (LOBS) and Polypropylene

OMCs pay 73% higher excise duty even as crude oil prices decline

The top four OMCs paid all-time high excise duty of Rs 2.87 trn in FY21, up from Rs 1.66 trn in FY20

Oil marketing firms: Gross refining margin, demand remain under pressure

Q4 numbers were boosted by inventory gains

Indian Oil Corp says will buy Iranian oil if US sanctions are lifted

Iranian oil coming into the market will not just cool prices but also help India diversify its import baskek

Indian oil refiners defer shutdowns as workers flee amid Covid resurgence

Bharat Petroleum and Indian Oil have deferred planned shutdowns due a shortage of contract workers.

Indian Oil Corp prepares to make vehicles run on clean hydrogen in 2022

IOC's R&D division is also in the process of closing a tender to generate clean hydrogen and demonstrate running of vehicles with this fuel

GAIL set to kick off asset monetisation in oil sector by end of 2021-22

InvIT to be floated by the end of next fiscal year

Indian Oil Corp, IDCO sign MoU for Paradip Plastic Park in Odisha

An incentive of Rs 2000/MT on Polypropylene granules from Paradip Refinery shall be offered to the manufacturing units located in the Paradip Plastic Park till 31.3.2030

Indian Oil to expand Panipat refinery with capex of Rs 32,946 crore

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

IndianOil Corp set to invest Rs 32,946 crore in Panipat refinery

The Panipat Refinery is IOC's seventh, and technically the most advanced public sector refinery complex of India

Bull Spread Strategy on Indian Oil Corp by Nandish Shah of HDFC Securities

The stock price of IOC has broken out on the daily chart (Adjusted for dividend) where it closed at highest level since March 2020 with higher volumes

PNB inks deal with Indian Oil to provide up to Rs 2 cr loan to dealers

The firm has inked a pact with Indian Oil Corporation to provide up to Rs 2 crore to the oil company's dealers

Vaccine roll-out points to more certain recovery in 2021, says IOC chairman

The crude prices are rising, but refining margins are influenced by product cracks

Indian Oil cancels LNG import tender due to higher prices: Report

Indian Oil Corp has cancelled its tender to import liquefied natural gas (LNG) for delivery in mid February due to higher prices, two trade sources familiar with the matter said.

Top headlines: SC puts farm laws on hold; WhatsApp explains policy change

After nearly two months of lock-out, Toyota Kirloskar Motor has resumed operations at its Bidadi plant, First consignment of Covishield vaccines left Serum Institute of India for rollout

Rise in fuel sales in 2020 shows signs of economic recovery: Indian Oil

IOC chairman S M Vaidya said 2020 was a year of digitalisation at the state-run oil marketing company, which had helped it achieve seamless business continuity

Things India must do to be a functioning social democracy

If even a modest but growing social welfare package is to be affordable, the public sector has to perform or be disbanded so that the govt can shut down one of the two cash burners, writes T N Ninan

India's top refiner buys most crude since Covid-19 outbreak: Report

Indian Oil Corp is the country's largest state refiner

Mukesh Ambani among world leaders to discuss post-Covid economic recovery

Reliance head Mukesh Ambani and Indian Oil Corp Chairman Shrikant Vaidya will join over 30 world leaders from oil, gas and petrochemical industries to discuss post-Covid-19 economic recovery

Petrol, diesel prices on freeze: IOC says international trend range-bound

State-owned Indian Oil Corp (IOC) on Friday said international oil prices have been range-bound in the last few weeks, warranting no revision in retail petrol and diesel rates.