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Indian Oil Corporation
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Business News on Indian Oil Corporation
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BPCL, IOC seek gasoline after long absence

4.14 pm | 22 May 2013 |  Source: Reuters

HPCL is aiming to restart the unit by the last week of June, which is expected to create a domestic oil product shortfall in the interim, traders said...

Oil retailers plunge on export parity pricing talks 

2.16 pm | 22 May 2013 |  Source: Moneycontrol.com

Oil ministry has in-principal agreed to adopt export parity pricing for petroleum products after a meeting with finance minister and PMO, OMC stocks a...

IOC achieves breakthrough in use of non-edible oil 

8.56 pm | 20 May 2013 |  Source: PTI

State-owned Indian Oil Corp (IOC) on Monday said it has developed technology that will help advance the use of non-edible oil extracted from plants li...

No LPG to houses with multiple-connections from June 1  

11.00 pm | 16 May 2013 |  Source: PTI

Cooking gas or LPG supplies to households having unverified multiple connections will stop from June 1, state-owned oil firms announced on Thursday....

IOC raises Rs 1,700 cr through domestic bond  

9.18 pm | 02 May 2013 |  Source: PTI

State-owned Indian Oil Corp (IOC) on Thursday said it has raised Rs 1,700 crore through a domestic bond issue at a new benchmark low interest rate of ...

Petrol prices cut by Rs 2.50/ltr; no change in diesel price 

8.00 pm | 30 Apr 2013 |  Source: CNBC-TV18

Petrol price is cut by Re 2.50 per litre excluding VAT with effect from midnight today across India following a decline in international crude oil pri...

We are still losing Rs 3-4/ltr on diesel sale: BPCL's CMD 

1.00 pm | 30 Apr 2013 |  Source: CNBC-TV18

After the government allowed fuel retailers to hike diesel price at regular intervals, companies have witnessed a significant cut in under-recoveries....

OMCs should hike diesel prices more often: Kirit Parikh 

11.01 pm | 23 Apr 2013 |  Source: CNBC-TV18

Kirit Parikh, former Planning Commission member and oil-and-gas expert, says in an interview to CNBC-TV18, that consumers have accepted revisions in p...

Oil Min pushing for daily petrol price revision: Sources 

7.07 pm | 23 Apr 2013 |  Source: CNBC-TV18

The oil ministry is pushing state-run oil companies to revise petrol price daily in line with international rates and the rupees value against the dol...

Oil Min pushing for daily petrol price revision: Sources 

5.44 pm | 23 Apr 2013 |  Source: CNBC-TV18

The oil ministry is pushing state-run oil companies to revise petrol price daily in line with international rates and the rupee's value against the do...

Why oil marketing cos may not gain much from falling crude 

11.17 am | 23 Apr 2013 |  Source: Moneycontrol.com

Brokerage firm Credit Suisse feels oil marketing companies like BPCL, HPCL and IOC may not gain a lot from falling crude prices, as expected by the ma...

Labour issues at LPG plant; IOC to augment gas availability 

2.21 pm | 19 Apr 2013 |  Source: PTI

Intensification of labour problems at its LPG bottling plant at Chelari near Kozhikode has led to Indian Oil Corporation making all-out efforts to aug...

OMCs can easily afford to cut prices by 2-2.5/litre: Expert 

11.02 pm | 16 Apr 2013 |  Source: CNBC-TV18

The oil marketing companies could easily afford to bring down the price of petrol by at least Rs 2-2.50 per litre, says Narendra Taneja, energy expert...

Domestic gas price hike could be delayed: Sources 

3.35 pm | 16 Apr 2013 |  Source: CNBC-TV18

The government’s plan to hike domestic gas price may get delayed as the petroleum ministry appointed Kelkar Committee is yet to give recommendation ...

IOC, BPCL, HPCL gain on fall in crude oil prices 

12.07 pm | 16 Apr 2013 |  Source: Moneycontrol.com

Oil marketing companies namely IOC, HPCL and BPCL gained as much as 2 percent in early trade on Tuesday due to fall in crude oil prices, but their sha...

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