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  • Come December, India will be ready to power jets with recycled cooking oil

    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.

  • Brokerages cheer Rs 30,000 crore compensation to oil marketing companies

    Brokerages cheer Rs 30,000 crore compensation to oil marketing companies

    Brokerages were positive on the Centre's compensation of Rs 30,000 crore to oil marketing companies for LPG under-recoveries.

  • Govt plans LPG loss compensation for OMCs via excise duty hike proceeds

    Govt plans LPG loss compensation for OMCs via excise duty hike proceeds

    Compensation plan for OMCs for under-recoveries in LPG is in its final stages; to be funded via excise duty hike kitty

  • Govt assessing state-run OMCs financial health to finalise compensation for LPG losses: Sources

    Govt assessing state-run OMCs financial health to finalise compensation for LPG losses: Sources

    The government may partially compensate the oil marketing companies (OMCs) for the losses incurred by them on sale of LPG cylinders or might even entirely decline the request, sources told Moneycontrol.

  • Indian Oil to supply LNG to NTPC’s upcoming 50 MW power plant in Andaman & Nicobar

    Indian Oil to supply LNG to NTPC’s upcoming 50 MW power plant in Andaman & Nicobar

    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.

  • Crude oil prices soar following Trump's comment on Israel-Iran tensions; HPCL, BPCL, IOC shares shrug off fears

    Crude oil prices soar following Trump's comment on Israel-Iran tensions; HPCL, BPCL, IOC shares shrug off fears

    OMCs such as HPCL and BPCL can see heavy selling pressure amid escalating tensions in the Middle East, as concerns of oil supply weigh on stock prices.

  • IOC Consolidated March 2025 Net Sales at Rs 195,270.29 crore, down 1.7% Y-o-Y

    IOC Consolidated March 2025 Net Sales at Rs 195,270.29 crore, down 1.7% Y-o-Y

  • IOC Standalone March 2025 Net Sales at Rs 194,967.02 crore, down 1.52% Y-o-Y

    IOC Standalone March 2025 Net Sales at Rs 194,967.02 crore, down 1.52% Y-o-Y

  • IOC signs MoUs with Odisha govt for Rs 1.19 lakh crore projects

    IOC signs MoUs with Odisha govt for Rs 1.19 lakh crore projects

    The cracker project will have a capacity of 1.5 million tons and will be built in next four to five years, says IOC Chairman

  • IOC, BPCL to sign multibillion-dollar LNG purchase deals with Adnoc

    IOC, BPCL to sign multibillion-dollar LNG purchase deals with Adnoc

    The deals highlight India’s plan to more than double the share of gas in its energy mix by the end of this decade, even as infrastructure bottlenecks are constraining the expansion.

  • Trump administration plans to pressure the IOC to come up with a uniform transgender athlete ban

    Trump administration plans to pressure the IOC to come up with a uniform transgender athlete ban

    The IOC has largely stayed out of the discussion around transgender athletes, letting the international governing bodies for each sport set the parameters for gender participation.

  • Budget 2025-26| Indian Oil expects govt compensation as LPG under-recovery hits Rs 14,325 cr: Chairman

    Budget 2025-26| Indian Oil expects govt compensation as LPG under-recovery hits Rs 14,325 cr: Chairman

    India’s oil secretary Pankaj Jain said that the Ministry of Petroleum and Natural Gas has urged the finance ministry to compensate oil companies.

  • IOC Consolidated December 2024 Net Sales at Rs 194,014.49 crore, down 2.95% Y-o-Y

    IOC Consolidated December 2024 Net Sales at Rs 194,014.49 crore, down 2.95% Y-o-Y

  • IOC Standalone December 2024 Net Sales at Rs 193,899.50 crore, down 2.61% Y-o-Y

    IOC Standalone December 2024 Net Sales at Rs 193,899.50 crore, down 2.61% Y-o-Y

  • IOC Q3 Results: Net profit plunges 64% to Rs 2,874 crore amid LPG under-recovery, weak product cracks

    IOC Q3 Results: Net profit plunges 64% to Rs 2,874 crore amid LPG under-recovery, weak product cracks

    Shares of the oil major dropped over 3 percent after the Q3 results were announced. The shares closed at Rs 123.80 on January 27.

  • IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projects

    IOC to invest over Rs 21,000 cr in Bihar refinery expansion, city gas projects

    IOC is expanding its Barauni refinery to 9 million tonnes per annum from current 6 million tonnes together with a petrochemical plant at a cost of about Rs 16,000 crore and invest another Rs 5,600 crore in setting up network to retail CNG to automobiles and piped cooking gas to households and industries in 27 cities of Bihar, company Executive Director Suman Kumar.

  • IOC needs clear stance on gender, says presidential hopeful Sebastian Coe

    IOC needs clear stance on gender, says presidential hopeful Sebastian Coe

    Sebastian Coe "soft-launched" his bid to become the next president of the International Olympic Committee on Wednesday, saying it was a role he feels he has been building towards his whole life and that the organization is ready for change.

  • IOC Consolidated September 2024 Net Sales at Rs 198,615.80 crore, up 10.81% Y-o-Y

    IOC Consolidated September 2024 Net Sales at Rs 198,615.80 crore, up 10.81% Y-o-Y

  • IOC Standalone September 2024 Net Sales at Rs 195,148.94 crore, up 8.57% Y-o-Y

    IOC Standalone September 2024 Net Sales at Rs 195,148.94 crore, up 8.57% Y-o-Y

  • IOC Consolidated June 2024 Net Sales at Rs 193,844.91 crore, down 2.37% Y-o-Y

    IOC Consolidated June 2024 Net Sales at Rs 193,844.91 crore, down 2.37% Y-o-Y

  • IOC Standalone June 2024 Net Sales at Rs 193,235.52 crore, down 2.17% Y-o-Y

    IOC Standalone June 2024 Net Sales at Rs 193,235.52 crore, down 2.17% Y-o-Y

  • IOC, BPCL, GAIL fined for 5th straight quarter for not meeting listing norm

    IOC, BPCL, GAIL fined for 5th straight quarter for not meeting listing norm

    The companies had faced fines for the same reason the previous four quarters as well.

  • IOC president Bach plans to leave office next year, says the Olympics needs a change

    IOC president Bach plans to leave office next year, says the Olympics needs a change

    Paris, Aug 10 (AP) IOC president Thomas Bach plans to leave office next year, telling the membership Saturday that the Olympics will be “best served with a..

  • Indian Oil to continue investment momentum with brownfield and greenfield expansions: Chairman

    Indian Oil to continue investment momentum with brownfield and greenfield expansions: Chairman

    The company’s infrastructure expansion would ensure a reliable energy supply to meet the nation's needs, said Chairman Shrikant Madhav Vaidya.

  • Indian Oil scraps tender for maiden green hydrogen project

    Indian Oil scraps tender for maiden green hydrogen project

    In March, the company had re-floated the tenders for the second time with revised norms following the an outcry against favouring the IOCL consortium.

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