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  • Exclusive: Petrol consumption dips 2%, diesel by 9% in February Mar 01, 2021 02:53 PM IST

    Exclusive: Petrol consumption dips 2%, diesel by 9% in February

    Cooking gas was the only petroleum product that saw an upward trend in consumption, posting an increase of 8 percent in February.

  • IOC to invest Rs 32,496 crore to expand Panipat refinery capacity Feb 26, 2021 10:32 PM IST

    IOC to invest Rs 32,496 crore to expand Panipat refinery capacity

    Panipat refinery currently has a capacity to turn 15 million tonnes per annum of crude oil into value-added fuels such as petrol, diesel, and ATF.

  • Budget 2021: Capital outlay for energy majors sees a rise Feb 02, 2021 04:59 PM IST

    Budget 2021: Capital outlay for energy majors sees a rise

    For FY22, investment in state-run oil and gas companies is pegged at Rs 104,870 crore, up from Rs 99,650 based on the revised estimates of FY21.

  • IOC Consolidated December 2020 Net Sales at Rs 147,810.23 crore, up 19.27% Y-o-Y Feb 02, 2021 09:44 AM IST

    IOC Consolidated December 2020 Net Sales at Rs 147,810.23 crore, up 19.27% Y-o-Y

  • IOC Standalone December 2020 Net Sales at Rs 146,598.83 crore, up 17.64% Y-o-Y Feb 02, 2021 08:01 AM IST

    IOC Standalone December 2020 Net Sales at Rs 146,598.83 crore, up 17.64% Y-o-Y

  • IOC board clears Rs 31,500-crore Nagapattinam refinery project; expects fuel demand to be normal soon Jan 29, 2021 02:15 PM IST

    IOC board clears Rs 31,500-crore Nagapattinam refinery project; expects fuel demand to be normal soon

    The new refinery will be a joint venture between Chennai Petroleum Corporation Ltd and IOC.

  • IOC raises Rs 1,290 crore in debt Jan 25, 2021 02:55 PM IST

    IOC raises Rs 1,290 crore in debt

    In a stock exchange filing on Monday, IOC said it has issued "5.60 per cent unsecured, listed, rated, taxable, redeemable, non-convertible debentures of Rs 10 lakh each aggregating to Rs 1,290.20 crore on private placement basis".

  • Elon Musk will give away $100 million for this, but what is Carbon Capture and why is it relevant? Jan 22, 2021 01:48 PM IST

    Elon Musk will give away $100 million for this, but what is Carbon Capture and why is it relevant?

    Injecting carbon dioxide for EoR is a widely-used technology by oil and gas companies globally.

  • IOC buys its first cargo of Iraqi Basra Medium oil: Report Jan 06, 2021 03:30 PM IST

    IOC buys its first cargo of Iraqi Basra Medium oil: Report

    IOC loaded the cargo onto Minerva Kalypso, a suezmax-sized vessel, which left Iraq's southern port of Basra on January 4, the data showed. The ship is expected to arrive at Chennai port in southeastern India around January 14.

  • Petrol, diesel prices hiked in all four metros Nov 20, 2020 03:28 PM IST

    Petrol, diesel prices hiked in all four metros

    In Delhi, petrol is now Rs 81.23/litre from Rs 81.06/litre and diesel is up to Rs 70.68/litre from Rs 70.46/litre.

  • IOC Standalone September 2020 Net Sales at Rs 85,610.51 crore, down 23.35% Y-o-Y Nov 03, 2020 09:22 AM IST

    IOC Standalone September 2020 Net Sales at Rs 85,610.51 crore, down 23.35% Y-o-Y

  • IOC Consolidated September 2020 Net Sales at Rs 81,704.43 crore, down 26.48% Y-o-Y Nov 03, 2020 09:11 AM IST

    IOC Consolidated September 2020 Net Sales at Rs 81,704.43 crore, down 26.48% Y-o-Y

  • IOC Consolidated September 2020 Net Sales at Rs 81,704.43 crore, down 26.48% Y-o-Y Oct 30, 2020 05:00 PM IST

    IOC Consolidated September 2020 Net Sales at Rs 81,704.43 crore, down 26.48% Y-o-Y

  • IOC Standalone September 2020 Net Sales at Rs 85,610.51 crore, down 23.35% Y-o-Y Oct 30, 2020 04:55 PM IST

    IOC Standalone September 2020 Net Sales at Rs 85,610.51 crore, down 23.35% Y-o-Y

  • IOC Consolidated June 2020 Net Sales at Rs 60,528.68 crore, down 53.9% Y-o-Y Aug 03, 2020 09:25 AM IST

    IOC Consolidated June 2020 Net Sales at Rs 60,528.68 crore, down 53.9% Y-o-Y

  • Doorstep delivery of diesel may be the next big thing with oil companies roping in startups Jul 22, 2020 09:08 PM IST

    Doorstep delivery of diesel may be the next big thing with oil companies roping in startups

    The Ministry of Petroleum and Natural Gas started mulling over the idea of legalisation of home delivery of HSD in 2017, after which it introduced the Petroleum Explosives Safety Organisation (PESO) to draft guidelines in this regard

  • IOCL: Profitability hit by inventory losses Jul 08, 2020 09:13 AM IST

    IOCL: Profitability hit by inventory losses

    Post a sharp hit during the initial lockdown phase, the performance of IOC is now improving. However, near-term challenges remain

  • IOC launches battery swapping facility for quick recharge of EVs Jun 26, 2020 02:43 PM IST

    IOC launches battery swapping facility for quick recharge of EVs

    Indian Oil Corp (IOC) will begin with a pilot of battery swapping at one of its outlets in Chandigarh and gradually scale it up to 20 stations, company chairman Sanjiv Singh said at the launch.

  • IOC Standalone March 2020 Net Sales at Rs 118,439.08 crore, down 6.16% Y-o-Y Jun 25, 2020 09:25 AM IST

    IOC Standalone March 2020 Net Sales at Rs 118,439.08 crore, down 6.16% Y-o-Y

  • IOC Consolidated March 2020 Net Sales at Rs 118,007.32 crore, down 6.39% Y-o-Y Jun 25, 2020 09:15 AM IST

    IOC Consolidated March 2020 Net Sales at Rs 118,007.32 crore, down 6.39% Y-o-Y

  • Power Grid, NTPC, IOC, BPCL, OIL, GAIL trade mixed after Fitch revises outlook Jun 24, 2020 10:18 AM IST

    Power Grid, NTPC, IOC, BPCL, OIL, GAIL trade mixed after Fitch revises outlook

    Shares of Power Grid Corporation of India fell almost 2 percent while those of NTPC jumped over 2 percent in early trade on BSE

  • Fitch revises outlook of IOC, NTPC among other state-owned firm to negative Jun 24, 2020 08:50 AM IST

    Fitch revises outlook of IOC, NTPC among other state-owned firm to negative

    The PSUs whose rating outlook has been revised include IOC, Bharat Petroleum Corp Ltd (BPCL), Oil India Ltd (OIL), GAIL India Ltd, Power Grid Corp of India Ltd and NTPC Ltd.

  • IOC aims to operate refineries at 90% capacity in June Jun 10, 2020 01:50 PM IST

    IOC aims to operate refineries at 90% capacity in June

    IOC, which along with subsidiary Chennai Petroleum Corp , controls about a third of India's 5 million barrels per day (bpd) refining capacity, is operating its plant at about 83% capacity, a sharp increase from 39% at the beginning of April.

  • IOC says Unlock 1.0 to revive fuel sales soon Jun 07, 2020 10:41 AM IST

    IOC says Unlock 1.0 to revive fuel sales soon

    The company said though it is on track to spend the approved capital expenditure for 2020-21, it has "critically examined all capex proposals for rationalisation of cost and time frame."

  • HPCL, BPCL, IOC slip 7-13% after govt hikes excise on petrol, diesel May 06, 2020 10:19 AM IST

    HPCL, BPCL, IOC slip 7-13% after govt hikes excise on petrol, diesel

    The move will not impact consumers and price hike will be absorbed by OMCs, a government official said

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