11.42 am | 14 Dec 2011 |  Source: Moneycontrol.com

Oil marketing companies (OMCs) have written to the oil ministry to pay them at least Rs 50,000 crore as subsidy for the April-September period for sel...

7.36 pm | 12 Dec 2011 |  Source: PTI

State-run Indian Oil Corp has emerged as the country's biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant ...

5.36 pm | 01 Dec 2011 |  Source: PTI

Government today said no proposal for any kind of bail out package for loss making private airlines was under its consideration....

8.28 pm | 30 Nov 2011 |  Source: CNBC-TV18

State-owned oil marketing companies will cut petrol prices by Rs 0.65 per litre excluding tax with effective from midnight, reports CNBC-TV18. Delhi w...

7.46 pm | 28 Nov 2011 |  Source: Reuters

The state refiners could cut petrol prices by about one rupee a litre or 1.5% as softening Singapore spot gasoline prices have offset the impact of a ...

5.23 pm | 23 Nov 2011 |  Source: Moneycontrol.com

BP and Indian Oil have signed an MOU to work together to explore the potential for establishing a 50/50 JV to invest in a one million tonne per annum ...

6.56 pm | 16 Nov 2011 |  Source: Reuters

State-run Indian Oil Corp, the country's biggest refiner, plans to expand capacity by 87% to 2.46 million barrels per day (bpd) by 2020-21, its head o...

8.36 pm | 08 Nov 2011 |  Source: PTI

Petrol price may be cut next week if global oil prices continue to decline and the rupee remains stable against the US dollar, Indian Oil Corp, the na...

7.00 pm | 04 Nov 2011 |  Source: PTI

Facing all-round criticism for a steep hike of Rs 1.80 a litre in petrol price, state-owned oil companies today said they will roll back the increase ...

6.36 pm | 04 Nov 2011 |  Source: CNBC-TV18

IndianOil Corporation (IOC) last evening announced a rise in the prices of petrol by Rs 1.80 per litre. The company, its chairman RS Butola, said, had...

10.25 pm | 03 Nov 2011 |  Source: CNBC-TV18

Energy information provider Platts today came out with its top 250 global energy company rankings. Indian public sector coal major, Coal India took se...

8.00 pm | 03 Nov 2011 |  Source: Moneycontrol.com

Indian Oil Corporation has raised petrol prices by another Rs 1.80 per litre from midnight. And, sources tell CNBC-TV18 that other oil marketing compa...

6.43 pm | 21 Oct 2011 |  Source: CNBC-TV18

Even though there is a growing sense that OMCs use a non-transparent formula to calculate under-recoveries, PK Goyal, director of finance at IOC stron...

4.51 pm | 17 Oct 2011 |  Source: CNBC-TV18

After deferring crude payments to upstream companies, Indian Oil Corporation (IOC) is now seeking the RBI’s intervention to aid its overall financials...

3.51 pm | 10 Oct 2011 |  Source: PTI

State-owned Oil and Natural Gas Corp (ONGC) has said its net profit will drop by over 47% to below Rs 10,000 crore this fiscal if the government force...