Indian Oil is the largest commercial oil company in the country headquartered in New Delhi. Its portfolio includes hydrocarbon value-chain, including refining, pipeline transportation, marketing of petroleum products, exploration and production of crude oil, natural gas and petrochemicals. Indian Oil has also ventured into alternative energy and globalisation of downstream operations. More
Indian Oil, the country's biggest refiner, is looking to gauge market interest in the event that it needs to buy oil from the Americas
The agreement will include a clause requiring Vitol’s exit after five to seven years
Emkay Global Financial is bullish on Indian Oil has recommended buy rating on the stock with a target price of Rs 190 in its research report dated October 29, 2025.
Russian oil made up for 21 percent of the crude oil IOC imports during April-September
IOC’s bold move on hydrogen deserves credit even though the odds remain uncertain
Brokerages were mixed on their outlook for OMCs: while CLSA flagged geopolitical risks from Russian oil, JPMorgan is cautious on the policy front.
The refiners had halted purchases in July due to narrowed discounts
By December 2025, Indian Oil said it would achieve a full capacity of 35,000 tonne per annum of SAF production from used cooking oil as feedstock, which the company would source through large hotel and restaurant chains such as ITC and Haldiram’s.
Q1 Results impact: Coffee Day Enterprises reported a consolidated net profit of Rs 28 crore for Q1 FY26. This marks a sharp improvement from the Rs 11.5 crore net loss reported in the same period last year.
L&T Energy Greentech plans to invest nearly Rs 80,000 crore to build its mega green hydrogen and green ammonia plants at Kandla and Paradip ports. It will soon tap the export market, starting with the Middle East, for its Made-In-India electrolysers, CEO Derek M Shah told Moneycontrol.
The plant will run round-the-clock using renewable energy to supply 10,000 tonnes of green hydrogen annually to IOC for 25 years, a crucial step in India's National Green Hydrogen Mission.
IOCL and CPCL are working on reconfiguring the refinery, an official said, hinting at project completion by 2030–31. The refinery was earlier expected to be completed by 2027 — already two years behind the original schedule.
India’s largest power major NTPC is in the process of acquiring land for the proposed plant. The 50 megawatt (MW) gas-based power plant in Andaman & Nicobar is expected to be commissioned by 2027-28, sources told Moneycontrol.
The oil marketing company (OMC) is currently in the process of acquiring land for the proposed POL terminal, and expects the operationalisation in the next five years.
The oil marketing company says it has enough stock of oil and LPG as its supply lines are also working fine
The share of Russian oil in Indian Oil Corporation Limited’s (IOCL) kitty fell to 22 percent in the financial year 2024-25 (FY25), compared to 30 percent in the previous year (FY24), the company’s chairman and managing director AS Sahney said.
The oil major’s revenue from operations stood at Rs 2.18 lakh crore during the quarter.
ADNOC, through its trading units, has agreed to supply some U.S. LPG cargoes to India refiners under the annual contracts from June-July, said sources.
Global uncertainties erupted after US President Donald Trump announced reciprocal tariffs, triggering trade war and recession fears
Coal India, ONGC, Indian Oil among top contributors; total receipts surpass FY24 collections
A meeting of the Expenditure Finance Committee was held on March 21 to discuss the compensation framework for OMCs, which have suffered significant financial strain due to high international LPG prices.
Emkay Global Financial is bullish on Indian Oil has recommended buy rating on the stock with a target price of Rs 160 in its research report dated January 28, 2025.
Indian Oil remains confident about energy availability for India saying US sanctions imposed on Russian oil would have "marginal impact" on crude availability for the country, said Chairman A S Sahney.
India’s oil secretary Pankaj Jain said that the Ministry of Petroleum and Natural Gas has urged the finance ministry to compensate oil companies.
The US imposed its most aggressive sanctions on Russia yet on January 10