News Releases

  • PSU OMCs constrained to stop fuel supply to Air India at six airports
    Mumbai, August 23, 2019
    PSU Oil Marketing Companies (OMCs – IOC, BPC and HPC) have been constrained to suspend supply of jet fuel to Air India and Alliance Air flights at six airports from the evening of 22nd August 2019 due to mounting outstanding dues from the airline and their ramifications for their working capital requirements.

  • Sandeep Kumar Gupta takes over as Director (Finance) at IndianOil
    New Delhi, August 03, 2019
    Mr. Sandeep Kumar Gupta has taken over as Director (Finance) on the Board of Indian Oil Corporation (IndianOil) here today. Earlier, he was Executive Director (Corporate Finance) at IndianOil’s Corporate Office and was also functioning as the Chief Financial Officer and Chief Risk Officer in-charge of Corporate Accounts, Treasury, Investment Appraisal and Risk Management.

  • IndianOil & IGL lay foundation stone for India’s first H-CNG station at DTC depot in Delhi
    New Delhi, July 04, 2019
    Indian Oil Corporation (IndianOil) and Indraprastha Gas Ltd. (IGL) are setting a 4-tonnes-per-day compact reformer-based H-CNG station at Delhi Transport Corporation’s (DTC) Depot-1 at Rajghat. Field trials will be conducted on 50 DTC buses using the patented technology developed by IndianOil’s Research & Development Centre, to help reduce emissions and improve fuel economy of the buses.

  • Price Revision of Domestic Subsidized LPG
    New Delhi, June 30, 2019
    The price of Non-Subsidised LPG at Delhi will decrease by Rs.100.50/cylinder w.e.f. 1st July 2019 based on LPG Prices in international market and US$-rupee exchange rate.

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