• IOC profit zooms to Rs 21,836 cr in FY21
    Business Line, Delhi   20-May-2021
    • Indian Oil Corporation Ltd (IOC) on Wednesday reported a nearly seventeen-fold rise in standalone net profit to Rs 21,836 crore for the financial year ended March 31,2021.
  • IOC to supply oxygen to hosps in Delhi, Hry, Punjab
    Millennium Post, Delhi   20-Apr-2021
    • After Reliance Industries Ltd, state-owned Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have begun diverting oxygen produced at their refineries to supplement the availability of medical oxygen in states worst hit by COVID-19.
  • Our automation strategies got a boost in last 1 yr:IOC chief
    Financial Express, Delhi   03-Apr-2021
    • he Indian Oil Corporation managed to run its refineries at optimal levels and ensured retail fuel outlets had sufficient supplies during the Covid-19 crisis. Shrikant Madhav Vaidya, chairman, tells FE’s Anupam Chatterjee the company is adapting to new market realities through petrochemicals integration in its refineries and scale-up of renewables and other alternative fuel options. Excerpts:
  • IndianOil, Israeli company form JV to manufacture metal-air batteries for EVs
    Millennium Post, Delhi   18-Mar-2021
    • State-owned Indian Oil Corporation (IOC) and Israeli battery developer Phinergy on Wednesday formalised a joint venture to manufacture ultra-lightweight metal-air batteries for electric vehicles (EVs), a venture that got its first customers in Maruti Suzuki and Ashok Leyland.
  • IndianOil helps strengthen India's vaccination drive
    Pioneer, Delhi   15-Mar-2021
    • Indian Oil Corporation Limited (IndianOil) has leveraged its expertise and reach to bolster India's COVID-19 vaccination programme by supplementing the available Cold Chain Equipment (CCE) infrastructure in the four States of Jammu & Kashmir, Tamil Nadu, Bihar and Manipur, for the storage & transportation of vaccine.
  • PM lays stone for Nagapattinam refinery
    Times of India, Chennai   18-Feb-2021
    • Prime Minister Narendra Modi on Wednesday laid the foundation stone for the Cauvery basin refinery in Nagapattinam district and also dedicated Indian Oil Corporation’s 143-km-long natural gas pipeline from Ramanathapuram to Tuticorin to the nation through videoconferencing.
  • PM to dedicate 2 oil and gas projects in TN to the nation
    New Indian Express, Chennai   16-Feb-2021
    • Prime Minister Narendra Modi will dedicate the Ramanathapuram - Thoothukudi natural gas pipeline and Gasoline desulfurization unit at Chennai Petroleum Corporation Limited to the nation on Wednesday.
  • Green Drive: IOC plans hydrogen production units
    Business Line, Delhi   09-Feb-2021
    • Oil refiner and petroleum products retailer, Indian Oil Corporation, plans to set up several hydrogen production units on pilot basis, testing out different pathways of producing the gas.
  • All- woman crew in Ladakh runs LPG plant that Army depends on
    Times of India, Delhi   31-Jan-2021
    • Every morning, Tsering Angmo leaves her two-year-old son with neighbours and commutes 20 km a frozen landscape from her home in Choglamsar, a settlement near Leh, to work at Ladakh’s only LPG bottling plant near Leh.
  • IOC profit doubles in Q3 on inventory gains
    Millennium Post, Delhi   30-Jan-2021
    • Indian Oil Corporation (IOC) on Friday said its December quarter net profit more than doubled to Rs 4,916.59 crore as rising oil prices yielded inventory gains and a rise in petrochemical margins.
  • N corpn, IOC ink pact for integrated WTE facility
    Times of India, New Delhi   20-Jan-2021
    • North Delhi Municipal Corporation has signed a memorandum of understanding (MoU) with Indian Oil Corporation (IOC), on development of integrated waste-to-energy facility, on Tuesday.
  • MN Dastur co joins US study on carbon capture at IOC unit
    Times of India, Kolkata   26-Dec-2020
    • City-based Dastur Energy Inc, along with Dastur International and MN Dastur (MND) & Co, is set to carry out a feasibility study at the 13.7 mtpa Koyali Refinery of Indian Oil Corporation (IOCL) in January, 2021. Dastur International is an independent company under the MND family.
  • IOC to buy 15 hydrogen buses for Delhi
    Financial Express, Delhi   26-Dec-2020
    • To give a fillip to India's push to usher in a hydrogen-based mobility solutions ecosystem, Indian Oil Corporation (IOC) plans to buy 15 buses that can run on hydrogen fuel.
  • IOC lube plant to boost development in eastern region: Pradhan
    The Times of India, Delhi   19-Dec-2020
    • A state-of-the-art lubricants plant built at Kolkata by the country’s largest oil refiner and fuel retailer IndianOil Corporation will be a game-changer for the development of eastern India, oil minister Dharmendra Pradhan said on Saturday.
  • IOC Chairman conferred with honorary fellowship
    Millennium Post, Delhi   19-Dec-2020
    • Chairman IndianOil, Shrikant Madhav Vaidya has been conferred with the Honorary Fellowship by the Centre for Excellence in Project Management (CEPM).
  • Green Drive
    Business India, Delhi   09-Dec-2020
    • The oil major comes up with another social initiative for a clean and green world.
  • Govt asks IOC to prepare asset sale plan
    Free Press Journal, Delhi   08-Dec-2020
    • The government has asked state-owned refining major Indian Oil Corp Ltd to prepare an asset monetization plan and get it approved by the Department of Investment and Public Asset Management by the end of
  • IOC launches first 100 Octane petrol
    Statesman, Delhi   02-Dec-2020
    • Indian Oil Corporation (IOC) on Tuesday launched the nation's first 100 Octane petrol, helping India join a select league of nations globally that have such superior quality fuel.
  • IOC, HPCL go to ‘high octane’ war
    Times of India, Delhi   02-Dec-2020
    • IndianOil and HPCL have launched a high-octane war - literally - with super-premium petrol to corner the expanding niche of high-performance supercars and superbikes as competition promises to intensify with the imminent privatisation of Bharat Petroleum.
  • IOC launches India`s 1st 100 Octane petrol
    Millennium Post, Delhi   02-Dec-2020
    • Indian Oil Corporation (IOC) on Tuesday launched the nation's first 100 Octane petrol, helping India join a select league of nations globally that have such superior quality fuel.
  • Indian oil successfully tests innovative technology
    Times Of India, Delhi   27-Nov-2020
    • In a bid to promote electric mobility in the country, Indian Oil Corporation Ltd. has successfully conducted a “Proof of Concept” feasibility study on “Zero-Emission Electric Mobility” at one of its fuel stations in Bengaluru.
  • Three Cheers for IndianOil`s #TreeCheers
    Business Line, Delhi   27-Nov-2020
    • IndianOil's #TreeCheers campaign, aimed at promoting environmental consciousness and boosting the country's green cover, has received an enthusiastic response, making it a huge success.
  • Subsidised consumers of LPG with BPCL to be moved to IOC, HPCL
    Financial Express, Delhi   26-Nov-2020
    • With the Centre making progress in the process of privatisation of fuel retailer-cum-refiner BPCL, the petroleum ministry will soon seek Cabinet nod for a process to transfer subsidised LPG customers from the company to other state-run retailers Indian Oil and Hindustan Petroleum Corporation to remove a potential irritant for the buyer.
  • N corpn ties up with IOC for WTE plant
    Times Of India, Delhi   26-Nov-2020
    • During a meeting of its standing committee on Wednesday, North Delhi Municipal Corporation approved a proposal for setting up a second waste-toenergy plant at Ranikhera after signing a memorandum of understanding (MoU) with Indian Oil Corporation limited.
  • IOC to plant 2.26 lakh trees under #TreeCheers initiative
    Millennium Post, Delhi   18-Nov-2020
    • State-owned Indian Oil Corp (IOC) on Tuesday said it will plant 2.26 lakh trees, equivalent to the number of new vehicles that refuelled at its petrol pumps under the #TreeCheers campaign between November 12 to 16.
  • State-run oil marketing cos to focus on Bharat to boost sales
    Mint, Delhi   17-Nov-2020
    • State-run oil marketing companies (OMCs), including Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), will set up 6,000 fuel retail outlets this fiscal year with a major focus on rural and semi-urban areas, besides highways, as sales in urban areas have stagnated, said OMC officials.
  • Start ups show interest in doorstep diesel delivery
    Business Standard, Delhi   12-Nov-2020
    • State-run oil-marketing companies - Indian Oil Corporation (IndianOil), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) - have received expressions of interest (EoIs) from 355 start-ups across the country for doorstep delivery of fuel.
  • IOC launches environment protection initiative #TreeCheers
    Millennium Post, Delhi   12-Nov-2020
    • In a bid to promote environment protection, Indian Oil Corporation (IOC) has launched a unique initiative — #TreeCheers. Under this initiative, IOC will plant a sapling on behalf of patrons who refuel their new vehicles from Indian Oil petrol pumps between November 12 and 16, 2020.
  • IOC director A K Singh to head Petronet LNG
    Financial Express, Delhi   09-Nov-2020
    • Indian Oil Corp (IOC) director-pipelines Akshay Kumar Singh will be the new managing director and chief executive of the country''s biggest gas importer, Petronet LNG Ltd.
  • Urea to dairy,an old industrial capital scripts a revival story
    Indian Express, Delhi   03-Nov-2020
    • Bihar, for long, has been a graveyard of industry. Those searching for a glimmer of hope, though, needn’t look beyond Barauni town in Begusarai district. Billed as Bihar’s “industrial capital” – voting for the state assembly polls here is on November 3 – it is actually witnessing a resurgence of sorts.
  • IOC says no plan for share buyback as of now
    Millennium Post, Delhi   03-Nov-2020
    • State-owned Indian Oil Corporation (IOC), India's top oil company, has no plans to buyback shares as of now but will consider if there is a mandate, its Director (Finance) Sandeep Kumar Gupta said on Monday.
  • India's Oct gasoline, gasoil sales exceed pre-covid levels
    Millennium Post, Delhi   02-Nov-2020
    • India's gasoil consumption in October rose 6.6% from a year earlier, the first such increase since Covid-19 restrictions were imposed in late March, preliminary data showed on Sunday, signalling a pick-up in industrial activity.
  • BIS celebrates World Standards Day
    Pioneer, Delhi   22-Oct-2020
    • Bureau of Indian Standards (BIS), the national standards body, celebrated the World Standards Day on October 14.
  • CPCL reports net profit of Rs 291 cr in Sept quarter
    Financial Express, Delhi   22-Oct-2020
    • Chennai Petroleum Corporation (CPCL), an IndianOil comapany has reported a net profit of Rs 290.58 crore for the second quarter of FY21 against a net loss of Rs 212.97 crore in the corresponding quarter of last fiscal.
  • ONGC, IOC raise Rs3, 140 cr in debt
    Pioneer, delhi   21-Oct-2020
    • State-owned Oil and Natural Gas Corp (ONGC) and Indian Oil Corp (IOC) have raised Rs 3,140 crore in debt to meet business expenses.
  • IOC to offer differentiated fuels, hydrogen-spiked CNG
    Millennium Post, Delhi   20-Oct-2020
    • India's top oil firm IOC is remodelling business with an increased focus on petrochemicals to hedge volatility in the fuel business, while at the same time turning petrol pumps into energy outlets that offer EV charging points and battery swapping options besides conventional fuels as it looks to make itself future-ready.
  • Oil PSUs to float website to promote Aatmanirbhar Bharat
    Millennium Post, Delhi   15-Oct-2020
    • Public sector oil companies such as IOC and ONGC will launch a portal to provide information on their capital goods requirements to domestic industry in line with the government’s Aatmanirbhar Bharat campaign.
  • Oil PSUs asked to build 50,000 houses for renting
    Asian Age, Delhi   12-Oct-2020
    • The petroleum ministry has asked oil PSUs such as Indian Oil Corp (IOC) to build 50,000 houses for renting to migrant workers as part of government plan to develop affordable rental housing after millions of labourers fled cities for villages amidst coronavirus lockdown.
  • Hydrogen CNG, biogas: The many faces of new auto fuel
    Business Standard, Delhi   29-Sep-2020
    • Three days after the Centre notified bio-cng and hydrogen-cng (HCNG) as automotive fuels, Coal India on Monday announced that it issued a tender for coal-to-menthol projects.
  • IOC mulls deferring expansion projects to sync them with demand
    Statesman, Delhi   28-Sep-2020
    • India's top oil firm IOC is looking to defer some of its refinery expansion projects to sync them with changes in demand patterns resulting from the pandemic and a gradual rise in the use of cleaner fuels, its chairman Shrikant Madhav Vaidya said.
  • IOC to launch cost-effective aluminium-air batteries for EVs
    Financial Express, Delhi   28-Sep-2020
    • State-run Indian Oil Corporation (IOC) is planning to launch first-of-its-kind aluminium-air batteries that are potentially a more cost-effective alternative to lithium-ion batteries for use in electric vehicles (EV) and stationary applications.
  • IOC to invest Rs 17,825 cr in Gujarat refinery expansion, petchem project
    Millennium Post, Delhi   23-Sep-2020
    • Indian Oil Corporation (IOC), the nation's top oil firm, on Tuesday said it will invest Rs 17,825 crore in raising the capacity of its Gujarat refinery as well as setting up a petrochemical plant at the unit as part of plans for upscaling petchem business to protect margins.
  • IOC to review expansion plans, bets on petchem
    Business Standard, Delhi   22-Sep-2020
    • State-run Indian Oil Corporation (IOC) on Monday said it will review all its greenfield expansion projects in the refining segment, with the Covid-19 pandemic impacting fuel demand.
  • Demand for petrol returns to pre-Covid-19 leves
    Millennium Post, Delhi   18-Sep-2020
    • India's petrol sales rose for the first time in the first half of September since the country’s lockdown in late March, signalling demand may have returned to pre-COVID-19 levels.
  • APPEC: India's refining expansion far from over despite energy transition: IOC chairman
    S&P Global Platts, Singapore   15-Sep-2020
    • India's exponential growth in energy demand in coming years will mean the country will still need to expand oil refining capacity, while embracing cleaner fuels like natural gas, hydrogen and renewables, Shrikant Madhav Vaidya, chairman of Indian Oil Corp, told the S&P Global Platts Asia Pacific Petroleum Virtual Conference Sept. 14.
  • EAC reviews CPCL's 9.0 MMTPA TN project
    Pioneer, Delhi   14-Sep-2020
    • The Expert Appraisal Committee has reviewed CPCL's proposed 9.0 MMTPA project in Nagapattinam in the State and has sent its recommendations for clearance from the Environment Ministry, a top company official has said.
  • India to have 220 GW renewable energy capacity by 2020, says PM
    Millennium Post, Delhi   09-Sep-2020
    • Prime Minister Narendra Modi on Tuesday exuded confidence that India will increase its existing clean energy capacity of 134 GW to 220 GW by 2022 and stressed on reducing tariffs further through technological advancements.
  • IOC to invest Rs 1.2 cr to set up coker unit ar Paradip
    Financial Express, Delhi   02-Sep-2020
    • State-owned Indian Oil Corp (IOC) on Tuesday said its board has approved an investment of Rs 1,268 crore for setting up a needle coker unit at the firm's Paradip refinery in Odisha.
  • OMCs benefit from high margins
    Mint, Delhi   28-Aug-2020
    • Higher market margins have helped oil marketing companies, including Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), offset weaker fuel sales and historically low refining margins in the June quarter, helping them post strong operating profits.
  • IOC to expand Barauni refinery as part of Rs 2.05 lakh cr projects
    Millennium Post, Delhi   28-Aug-2020
    • State-owned Indian Oil Corp (IOC) on Thursday said it is investing Rs 14,800 crore in expanding the capacity of its Barauni refinery in Bihar as part of over 2,800 projects being executed under the Aatmanirbhar Bharat campaign to boost domestic manufacturing and create jobs.
  • Refinery throughput continues to rise in July, production up at 19 MT
    Millennium Post, Delhi   26-Aug-2020
    • In signs of demand inching up post relaxation of lockdown, Indian oil refineries produced 3.5 per cent more fuel in July when compared to the preceding month but the production was still nearly 14 per cent lower than pre-COVID-19 levels.
  • Indian Oil Corp nears first Mauritius fuels export deal
    Millennium Post,Delhi   20-Aug-2020
    • Indian Oil Corp, the country's top refiner, is close to winning its first contract to export up to 720,000 tonnes of clean products to Mauritius under an annual deal from November, two sources familiar with the matter said.
  • IndianOil board's nod for Rs 13,805 cr integrated PX-PTA complex in Odisha
    Statesman, Delhi   11-Aug-2020
    • The IndianOil Board has given its go-ahead for the implementation of an Integrated Para-Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Odisha, at an estimated investment of Rs 13,805 crore at the Board meeting held here today. The PX-PTA complex shall be integrated with IndianOil's Paradip Refinery, which is operational since 2015.
  • Strong underlying showing in quarter
    Financial Express, Delhi   10-Aug-2020
    • Elevated marketing margins to offset refining weakness; FY21-22e EPS cut by 2%; ‘Buy’ retained with TP of Rs 110.
  • IndianOil profit plunges 47% in April-June
    Mail Today, Delhi   01-Aug-2020
    • Indian Oil Corporation Ltd (IOC), the nation's biggest oil firm, on Friday reported a 47 per cent drop in its June quarter net profit as coronavirus pandemic pummelled fuel demand and shrank refinery margins.
  • IOC reports net profit of Rs 1,911 crore for 1st qtr
    Millennium Post, Delhi   01-Aug-2020
    • IndianOil reported Revenue from Operations of Rs 88,937 crores for the first quarter of Financial Year 20-21 as compared to Rs 1,50,137 crores in corresponding period of Financial Year 19-20.
  • IndianOil board gives nod for Rs 13,805 cr PX-PTA complex
    Millennium Post, Delhi   01-Aug-2020
    • The IndianOil Board has given its go-ahead for the implementation of an Integrated Para-Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Odisha, at an estimated investment of Rs 13,805 crore at the Board meeting held here today. The PX-PTA complex shall be integrated with IndianOil's Paradip Refinery, which is operational since 2015.

  •   29-Jul-2020
  • IndianOil and Total to jointly produce bitumen derivatives
    Mint, Delhi   28-Jul-2020
    • Indian Oil Corporation (IOCL), and French energy major Total, have entered into an equal joint venture to manufacture and market bitumen derivatives and specialty products for the growing road-building industry in India.
  • IOCL & Total form JV to make, market bitumen derivatives
    Financial Express, Delhi   28-Jul-2020
    • State-run oil refining and marketing company Indian Oil (IOCL) has formed a joint venture (JV) with Paris-based energy firm Total for the manufacturing and marketing of bitumen derivatives for the road construction industry.
  • IndianOil inks JV with France's Total
    Times of India, Delhi   28-Jul-2020
    • IndianOil on Monday announced an equal joint venture (JV) with French energy major Total for manufacturing speciality bitumen derivatives with an eye on the country’s rapid expansion of road infrastructure, including the Rs 5-lakh-crore ‘Bharatmala’ project.
  • IOC, Total form joint venture to produce bitumen derivatves
    Millennium Post, Delhi   28-Jul-2020
    • French energy giant Total SA and the country's top oil firm Indian Oil Corp (IOC) on Monday announced a 50:50 joint venture to manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India.

  •   24-Jul-2020
  • Refinery throughput continues to rise in June
    Millennium Post, Delhi   24-Jul-2020
    • Indian refineries continued to raise crude oil processing to make fuel in June, with over 8 per cent rise in throughput over the previous month, in signs of revival in economic activities after easing of lockdown restrictions.
  • OMCs invite start-ups to deliver diesel at doorstep
    Business Standard, Delhi   22-Jul-2020
    • In what might be the UberOla moment for fuel retail in India, oil marketing companies (OMCS) are planning to rope in start-ups or Fuelents (fuel entrepreneurs) for doorstep delivery of high-speed diesel (HSD) through mobile petrol pumps. This move is expected to help garner around Rs 9,000 crore of investments, according to industry experts.

  •   20-Jul-2020
  • Oil & gas cos hedge bets with investments in green energy
    Indian Express, Delhi   12-Jul-2020
    • With an eye on revenue diversification, future-readiness, and pre-empting potential government regulation on carbon emissions, oil & gas companies — both Indian and global — are increasing investments in green energy.
  • Pilferage: Drones to keep vigil on Mathura-Jalandhar oil pipelines
    Hindustan Times, Delhi   12-Jul-2020
    • Alarmed over activities of the organised gangs of oil thieves, the Indian Oil Corporation (IOC), nation’s largest public-sector oil corporation, is set for aerial surveillance of the underground pipelines in the strategically significant Mathura-Jalandhar region.
  • IndianOil resumes work on Rs 1.04 lakh cr worth projects
    Statesman, Delhi   13-Jul-2020
    • Indian Oil Corporation (IOC), the nation's biggest oil firm, on Wednesday said with easing of lockdown restrictions, it has resumed work on projects worth Rs 1.04 lakh crore which will help address future energy demand as well as kickstart the economy. IOC said it is on track to achieve its planned capital spending of Rs 26,143 crore in the fiscal to March 2021, but future capex depends on long-term demand potential in the country.
  • IOC bets big on digital change to retain biz in post-Covid era
    Times of India, Delhi   06-Jul-2020
    • State-run Indian Oil (IOC) is betting big on mobile computing, a lean, digital-savvy workforce and new-age offerings such as natural gas, hydrogen as well as electric mobility to reshape its leadership role in the post-pandemic “new normal” of India’s energy market, according to chairman Shrikant Madhav Vaidya.
  • Oil & gas: OMCs set to start FY21 with a bang in 1st quarter
    Millennium Post, Delhi   10-Jul-2020
    • The Covid-19 demand suppression in early part of the year is likely to abate for oil marketing companies, now with state-run companies — IOC, HPCL and BPCL making a strong beginning to FY21 returning high levels of earnings per share between 37 and 266 per cent in three months, ICICI Securities has said in a report.
  • IndianOil lays out Rs 26,143 cr capex plan for FY21
    Hindustan Times, Delhi   09-Jul-2020
    • State-run Indian Oil Corporation (IOC), India’s biggest fuel retailer, has ramped up works in 336 projects worth Rs 1.04 lakh crore immediately after the nationwide lockdown was eased and is likely to achieve the Rs 26,143 crore capex target in the current financial year.
  • IndianOil resumes work on projects worth Rs 1.04-lakh crore
    Millennium Post, Delhi   09-Jul-2020
    • Indian Oil Corporation (IOC), the nation's biggest oil firm, on Wednesday said with easing of lockdown restrictions, it has resumed work on projects worth Rs 1.04 lakh crore which will help address future energy demand as well as kickstart the economy.
  • Govt prods PSUs to step up capex to revive eco growth
    Times of India, Delhi   08-Jul-2020
    • Finance minister Nirmala Sitharaman on Tuesday sought to push capital expenditure by the country’s top public sector companies, as part of the government’s drive to boost investment in the economy and revive growth.
  • IOC ONGC other PSUs implementing Rs 3.57-trn projets
    Business Standard, Delhi   07-Jul-2020
    • Oil PSUs such as IOC and ONGC are implementing about Rs 3.57 lakh crore worth of projects across the entire hydrocarbon value chain that will further enhance energy accessibility
  • IOC, ONGC, others executing projects worth Rs 3.57L crore
    Millennium Post, Delhi   07-Jul-2020
    • Oil PSUs such as IOC and ONGC are implementing about Rs 3.57 lakh crore worth of projects across the entire hydrocarbon value chain that will further enhance energy accessibility, create jobs and boost the economy, the Petroleum Ministry said on Monday.
  • IOC bets big on digital change to retain biz in post-covid era
    Times of India, Delhi   06-Jul-2020
    • State-run Indian Oil (IOC) is betting big on mobile computing, a lean, digitalsavvy workforce and new-age offerings such as natural gas, hydrogen as well as electric mobility to reshape its leadership role in the post-pandemic “new normal” of India’s energy market, according to chairman Shrikant Madhav Vaidya.
  • IOC gets new chairman
    New Delhi   02-Jul-2020
    • Shrikant Madhav Vaidya has taken over as the chairman of Indian Oil Corporation Ltd. He will also be the chairman of Chennai Petroleum Corporation Ltd, a stand-alone refining subsidiary of IndianOil and Indian Oiltanking Limited.
  • Okhla landfill to churn out power SDMC inks pact with NTPC IOC
    Times of India, Delhi   01-Jul-2020
    • South Delhi Municipal Corporation will use the Okhla landfill site’s garbage to produce syn gas—a hydrogen-based fuel— which will be later used to generate electricity. An MoU to set up a pilot project with a capacity to treat 50 tonnes of garbage per day was signed between the civic body, Indian Oil and NTPC on Tuesday.
  • IOC arm forms JV for LPG business in Bangladesh
    Statesman, Delhi   01-Jul-2020
    • State-owned Indian Oil Corp (IOC) today said it has set up a joint venture with Bangladesh''s RR Holdings Ltd for LPG business in the neighbouring country.
  • Indian Oil plans JV in Bangladesh
    Mail Today, Delhi   01-Jul-2020
    • Indian Oil Corporation, the country’s biggest refiner and fuel retailer, will form an equal joint venture with RR Holdings Ltd, the parent firm of Bexmico, for liquefied petroleum gas in Bangladesh, it said in a statement
  • Demand for petrol diesel reach 89% of normal in May June
    Sunday Guardian, Delhi   29-Jun-2020
    • The worst phase for oil marketing companies may be over due to smart recovery in the sales of both petrol and diesel in May and June, with India gradually unlocking itself from the lockdowns imposed to contain COVID-19 spread.
  • IOCL sets up PADC for polymer industry in Odisha
    Millennium Post, Delhi   26-Jun-2020
    • In a bid to facilitate the growth of polymer industry in Odisha and eastern India, Indian Oil Corporation Ltd has set up a Product Application and Development Centre (PADC) in Paradip.
  • In a first diesel costlier than petrol in Delhi
    Business Standard, Delhi   25-Jun-2020
    • In a first, diesel in Delhi became costlier than petrol on Wednesday. The price of diesel was increased to a historic high of Rs 79.88 per litre.
  • VAT hike makes diesel costlier than petrol in Delhi: IOC
    Hindustan Times, Delhi   25-Jun-2020
    • Diesel price for the first time in living memory crossing the rate of petrol in the national capital on Wednesday was a result of a steep hike in VAT by the state government, Indian Oil Corp (IOC) Chairman Sanjiv Singh said, pointing to lower rates across other cities.
  • Fuel prices set to rise futher due to high taxes hint IOC chief
    Times of India, Delhi   25-Jun-2020
    • Fuel prices are likely to be raised further as the gap between domestic pump prices and international benchmarks are yet to be closed but high taxes are pushing rates to record levels, Sanjiv Singh, chairman of India’s largest refiner-retailer, IndianOil, said on Wednesday.
  • Centre to include CBG under priority sector lending :Min
    Millennium Post, Delhi   24-Jun-2020
    • The Centre is in the process of including compressed bio-gas (CBG) in the priority sector of lending to ensure ease of financing the setting up of CBG plants in the country, Union Minister Dharmendra Pradhan said on Tuesday.
  • OMCs switch to diesel at ATF demand falters
    Mint, Delhi   24-Jun-2020
    • India’s three state-owned refiners have changed their refining configurations, replacing aviation turbine fuel with diesel in a reflection of the troubles faced by the airlines industry.
  • Oil giants urged to use local steel in new projects
    Mail Today, Delhi   17-Jun-2020
    • The government has asked domestic oil and gas companies to raise the share of domestically manufactured steel they use in future infrastructure projects worth thousands of crores to reduce the country’s dependence on imports, spur economic growth and create jobs.
  • Interview: IOC may cut optional crude volumes, defer LNG imports: chairman
    Singapore   18-May-2020
    • Singapore — State-run Indian Oil Corp. may cut inflows of optional crude volumes under term contracts as well as ask its LNG term cargo suppliers to defer shipment schedules, as an extended lockdown takes a toll on domestic consumption, chairman Sanjiv Singh told S&P Global Platts in an exclusive interview.
  • IOC lifts crude throughputs, production across Indian refining system
    Oil & Gas Journal, Delhi   14-May-2020
    • Indian Oil Corp. Ltd. has restarted several processing units at its refineries as demand for finished petroleum products gradually continues to increase in the wake of India’s countrywide lockdown instituted in March to curb the outbreak of coronavirus (COVID-19).
  • IOC plans to scale up production
    Asian Age, New Delhi   13-May-2020
    • With the demand for petroleum products picking up, state-owned oil retailer Indian Oil Corporation is planning to scale up to 80 per cent of the design levels by the month-end.
  • Jet fuel price slashed by steep 23%, costs 1/3rd of petrol, diesel
    Millennium Post, Delhi   04-May-2020
    • Jet fuel (ATF) prices have been slashed by a steep 23 per cent in line with a slump in international oil prices and it now costs about one-third of petrol and diesel whose rates continue to be frozen for the 50th day on Sunday.
  • State refiners fill up strategic reserves with spare crude oil
    Business Standard, Delhi   01-May-2020
    • Spare crude oil from state-owned refiners is helping India fill up its strategic storage capacity of 5.33 million tonnes (mt). The storage facilities at Mangaluru and Padur in Karnataka, and Visakhapatnam in Andhra Pradesh are likely to reach full capacity by the end of May.
  • 'OMCs' gross profit on retail fuel sales to rise 60% in Q1FY21'
    Financial Express, Delhi   28-Apr-2020
    • With retail prices of petrol and diesel remaining unchanged since March 16 despite falling crude prices, auto fuel margins of state-run oil marketing companies (OMC) nearly tripled to Rs 14.72 per litre in the same period, analysts noted.
  • Oil price collapse in US not to lead to any big drop in fuel prices in India
    Millennium Post, Delhi   22-Apr-2020
    • The historic rout in oil markets that sent US crude prices plummeting to as much as minus USD 40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet.
  • 'Testing' times for top Indian shuttlers
    Times of India, New Delhi   20-Apr-2020
    • With the court out of bounds and the racquet resting, some of India's top shuttlers have gone back to studies to prepare for an online assessment test, which will be conducted by their employer, Indian Oil Corporation (IOC).
  • 1.5 cr free LPG cylinders given to poor: Pradhan
    Millennium Post, Delhi   17-Apr-2020
    • Over 1.5 crore free cooking gas (LPG) cylinders have been distributed in the last two weeks as part of the government's stimulus aimed at helping poor tide over hardships of lockdown, oil minister Dharmendra Pradhan said on Thursday.
  • India plans to fill strategic oil storage by third week of May
    Millennium Post, Delhi   15-Apr-2020
    • India plans to completely fill its strategic petroleum reserve (SPR) by the third week of May by moving about 19 million barrels into the sites by then, the managing director of the country's SPR said on Tuesday.
  • IndianOil initiates rare protocol to keep fuel supplies running
    Economic Times, Delhi   21-Mar-2020
    • As cities shutdown to contain the spread of coronavirus, Indian Oil Corp (IOC) has initiated a rare protocol to safeguard its workforce while at the same time ensuring that plants operate uninterruptedly so as to keep the nation's fuel supplies running.
  • IOC gets first shipload of oil from UAE to fill strategic reserves
    Millennium Post, Delhi   14-Apr-2020
    • India is capitalizing on low global oil prices to fill its underground strategic oil reserves, with the first shipload of 1 million barrels of crude oil from the UAE arriving at Mangalore as part of efforts to shore up supplies to meet any supply or price disruption.
  • India to fill Strategic Oil Reservers by Itself
    Economic Times, Delhi   10-Apr-2020
    • India has finally decided to fill up its half-empty strategic petroleum reserve with its own money, ending an effort to convince Saudi Arabia and the UAE to store their oil in national caverns, according to people familiar with the matter.
  • Rise in demand: IOC raises LPG imports 50%
    Business Standard, Delhi   10-Apr-2020
    • In the wake of the rise in liquefied petroleum gas (LPG) demand following the lockdown, Indian Oil Corporation (IOC) has tied up with international players for additional imports to the tune of 50 per cent over the normal figure for April and May.
  • RIL, IOC HPCL & BPCL Raise Rs. 78,000 cr via CPs
    Economic Times, Delhi   09-Apr-2020
    • Oil majors Reliance Industries, IndianOil, HPCL and BPCL are on a debt-raising spree and have raised Rs 78,000 crore in short-term debt using commercial papers (CPs) in nine weeks to pay for costly crude purchased before oil prices crashed, while sales revenue has fallen drastically during the lockdown.
  • IndianOil tweaks work rules for health, safety, business continuity
    Millennium Post, Delhi   09-Apr-2020
    • While the frontline COVID-19 fighters such as doctors, nurses, paramedical staff, and state administration services are engaged in a pitched battle with the virus, there are many more unsung heroes who are doing an equally commendable job of maintaining a constant flow of essential goods and services for communities across the nation.
  • IOC sets rolling its annual Op Ladakh
    Times of India, New Delhi   07-Apr-2020
    • Undaunted by the limitations due to the coronavirus pandemic and the lockdown, state-run IndianOil Corporation (IOC) has begun the world’s largest humanitarian supply exercise to wheel 120,000 kilo litres of fuels and 3,300 tonne of LPG across mountain passes to the newly-created Union territory of Ladakh.
  • Petrol sales dip 17.6% & diesel 26% in March
    Millennium Post, Delhi   07-Apr-2020
    • India’s petrol sales shrank by 17.6% and diesel demand tanked nearly 26% in March as the economy froze under the nationwide lockdown announced to check the spread of COVID-19.
  • Govt unable to tap crude price fall as fuel demand dips
    Hindustan Times, Delhi   06-Apr-2020
    • India, the world’s third biggest oil consumer, is unable to take full advantage of a slump in global crude prices because of a steep drop in the sale of petrol and diesel in the aftermath of the nationwide lockdown for the coronavirus disease (covid-19) that has squeezed dealers’ margins and put at risk the jobs of some of the 500,000 people employed at fuel stations.
  • Refiners to halve crude import
    Hindu, Delhi   06-Apr-2020
    • Indian refiners - from Indian Oil Corporation (IOCL) to Hindustan Petroleum Corporation Limited (HPCL) - are looking to cut down their crude oil imports for April by as much as 50%, even as the oil firms have offers to buy crude at $20 a barrel or even less.
  • Oil cos switch to BS-VI without raising prices:IOC
    Millennium Post, Delhi   03-Apr-2020
    • India has switched over to the world's cleanest petrol and diesel without raising prices, Indian Oil Corp (IOC), the nation's largest oil firm, said on Thursday.
  • Oil firms supply cleaner BS-VI fuel across India
    Hindustan Times, Delhi   03-Apr-2020
    • State-run oil marketing companies (OMCs) have launched cleaner BS-VI grade petrol and diesel across the country from Wednesday with an investment of Rs.35,000 crore without raising their pump prices, thanks to the slump in international oil rates.
  • India keeps its BS-VI date amid lockdown
    Times of India, New Delhi   01-Apr-2020
    • India will keep its date with ultra-clean Bharat Stage-VI (BS-VI) fuels today (April 1), leapfrogging from BS-IV amidst slump in demand and constraints on movement in the last five weeks due to the spread of coronavirus and the countrywide lockdown.
  • Refinery to outlets: Tracking the journey
    Business Standard, Delhi   31-Mar-2020
    • A young woman in a Port Blair laboratory has spent several weeks testing fuel samples. The laboratory belongs to the Indian Oil Corporation (Indianoil), which has been carrying out the bone-drying of fuel tanks in remote places in the country so they would be ready to receive BS Vi-compliant fuel.
  • For BS-VI, lot of coordination was needed with carmakers too
    Business Standard, Delhi   31-Mar-2020
    • Vehicles and the fuel they run on have to switch over to BS-VI emission norms before April 1. SANJIV SINGH, chairman of India’s largest refiner and fuel retailer Indian Oil Corporation (IOCL), speaks to Jyoti Mukul & Shine Jacob about the three-year journey of transition. Edited excerpts:
  • BS-VI can be used in older vehicles as well
    Business Line, Delhi   24-Mar-2020
    • While a clear and transparent policy framework with stipulated time targets laid the foundation, concerted execution by oil marketing companies (OMCs) and auto-makers galvanised the entire journey through upgradation of fuel quality and engine technologies respectively,” said Dr SSV Ramakumar, Director (Research & Development), IndianOil.
  • The prospects for our green business are rosy
    Financial Express, Delhi   16-Mar-2020
    • Indian Oil Corporation has been taking initiatives to adapt to the changing energy mix even as it pushes growth in the sale of petrol and diesel, which is the mainstay of the company’s business, Sanjiv Singh, chairman, tells FE’s Anupam Chatterjee.
  • IOC Q3 net triples on inventory gains
    Millennium Post, Delhi   31-Jan-2020
    • Indian Oil Corp (IOC), the nation’s biggest oil firm, on January 30 reported tripling of its net profit in December quarter as inventory gains offset lower refinery margins and forex losses.
  • Budget 2019: India on course to be $5-trillion economy
    New Delhi   09-Jul-2019
    • Union Budget 2019 India: Budget 2019 is a reflection of the government’s plans to encourage India Inc to be a job-creator and wealth–creator, which is depicted in its emphasis on investment in infrastructure and digital economy.
  • बीएस-6 से महंगे नहीं होंगे पेट्रोल डीजल
    नई दिल्ली   27-May-2019
    • हाइड्रोकार्बन क्षेत्र में तेजी से बदलते परिदृश्य के बीच एक ओर जहां पेट्रो ईंधन ज्यादा बेहतर हो रहे हैं, वहीं पारंपरिक पेट्रोल-डीजल केबदले गैस पर निर्भरता तेजी से बढ़ रही है।
  • IOC sets up trading desk at Delhi office to buy crude on real-time basis
    New Delhi   15-Apr-2019
    • New Delhi, Apr 15 () India's top refiner Indian Oil Corp (IOC) has set up a trading desk at its office here to buy crude oil from international market on a real-time basis, helping it cut import price by locking in best price and quality, its Director (Finance) A K Sharma said.
  • INTERNATIONAL WOMEN'S DAY - The cold desert comes alive with women power
    New Delhi   07-Mar-2019
    • At more than 11,800 feet from sea level in Phey Village of Ladakh, Padma Angmo and 10 other women work at the world's highest LPG bottling plant. Run by Indian Oil Corporation (IOC), the country's largest fuel retailer, the plant ensure cooking gas access to far-flung areas of Ladakh and Kargil, besides serving the security forces.
  • Hydrogen-CNG production may soon begin in Delhi
    New Delhi   21-Jan-2019
    • The Delhi government and the IndianOil set to sign an agreement for setting up a gas compact reformer. If smoothly executed, Delhi will become the first Indian city where trials to use clean fuel in public buses will be conducted.
  • EV biz to be decided after large-scale demand
    New Delhi   18-Jan-2019
    • It is not a wise decision to make predictions related to crude prices, especially when in the past few months, we have seen the way the prices went up to $80/barrel and then saw a sharp decline.
  • OVL acquisitions fail to augment energy security
    New Delhi   08-Jan-2019
    • ONGC Videsh (OVL), the overseas arm of Oil and Natural Gas Corporation (ONGC), seems to be following the trajectory taken by its parent, which failed to achieve any significant increase in domestic production of oil and gas.
  • Iran keen to invest in CPCL: IndianOil chief
    New Delhi   03-Jan-2019
    • Iran is keen to invest in the Rs 35,700-crore expansion of Chennai refinery irrespective of economic sanctions imposed by the US against the Persian Gulf nation, IndianOil Chairman Sanjiv Singh said Wednesday.
  • Oil Is Not Enough
    New Delhi   26-Dec-2018
    • The No. 1 company on the Fortune India 500 list for the ninth time running, IndianOil, led by chairman, Mr. Sanjiv Singh, is transforming itself into a ‘complete energy’ firm by investing heavily in alternative fuels as challenges from e-vehicles and tighter emission norms grow.
  • Compressed biogas tech solution for urban waste
    New Delhi   06-Dec-2018
    • The compressed biogas (CBG) technology developed by research and development unit of Indian Oil Corporation offers an excellent business opportunity to tackle the menace of biodegradable urban solid wastes for states like Kerala.
  • Fuelled by passion
    New Delhi   27-Nov-2018
    • Indian Oil Corporation has more women gas distributors than men in Chennai. We speak to four of them on what makes them tick
  • BS VI fuel to H-CNG, efforts to clear city air
    New Delhi   29-Oct-2018
    • It is that time of the year when the air quality in the National Capital Region and surrounding areas hit the headlines, sending administrators and legislators scurrying for a quick fix.
  • IOC to invest Rs 5,463 cr in city gas network
    New Delhi   12-Oct-2018
    • State-owned Indian Oil Corp (IOC) Thursday said it will invest Rs 5,463 crore in setting up city gas distribution network for retailing CNG to automobiles and piped cooking gas
  • Delhi may soon have green fuel even cleaner than CNG
    New Delhi   06-Sep-2018
    • Almost two decades after the Capital shifted to compressed natural gas (CNG) as a 'clean' alternative fuel, Delhi could soon have an even cleaner variant with testing to begin on H-CNG (hydrogen-CNG) later this month.
  • GAIL Plans EV Charging Stations
    New Delhi   04-Sep-2018
    • Gail India, the country's largest gas transportation and marketing company, plans to set up battery charging stations for electric vehicles
  • Maruti, IOC join hands for biofuel blend, engine efficiency
    New Delhi   01-Sep-2018
    • With consumers demanding cost-effective and fuel-efficient vehicles, and the government pushing for cleaner fuel as well as reducing import dependence, the onus is now on auto makers and oil refiners to offer such products.
  • Pradhan inaugurates Textiles & Plastics Conclave
    New Delhi   02-Sep-2018
    • In a move aimed at drawing investments into the Odisha and for forging equitable growth across the country, Dharmendra Pradhan, Union Minister for Petroleum and Natural Gas, Skill Development & Entrepreneurship...
  • Indian oil earmarks Rs 22k cr capex for FY19
    New Delhi   30-Aug-2018
    • Indian Oil Corporation (IOC) on Wednesday said it has lined up Rs 22,000-crore capex plan for the current fiscal year and will commission the Ennore-Manali LNG pipeline on schedule by the end of the year.
  • Rural LPG Delivery to get IT Legup
    New Delhi   29-Aug-2018
    • State oil companies will likely tie up with the IT ministry’s common services centres to tap into their deeper network to easily deliver cooking gas cylinders to rural customers and plug the widening distribution gap due to record addition of new consumers.
  • IndianOil seeks nod to raise Rs20.000 crore17
    New Delhi   29-Aug-2018
    • Indian Oil Corporation Ltd., the country’s largest oil marketing company, has sort shareholder approval to raise upto Rs 20, 000 crore through private placement of debentures in 2018-19, according to the company’s Annual report.
  • Fossil fuel market due for overhaul
    New Delhi   28-Aug-2018
    • Outlook for fossil fuels is tough to comprehend, but as long as they can be made cleaner, it seems they are here to stay.
  • Tenth round of bidding for CGD licence soon PNGRB
    New Delhi   28-Aug-2018
    • Close on the heels of awarding 86 geographical areas (GAs) under the 9th round of city gas distribution (CGD) licensing, the Petroleum and Natural Gas Regulatory Board (PNGRB) is preparing to launch the 10th round as well.
  • In A First, Indian Oil Corporation To Channel Refinery Waste Gas For Ethanol Production
    New Delhi   27-Aug-2018
    • In a first-of-its-kind venture in the world, Indian Oil Corporation is planning to utilise off-gases (waste gas) from various processing units of its refineries for production of ethanol. The move will reduce the carbon footprint of the state-run company’s refineries, while helping to gainfully use waste gas produced for the production of ethanol for blending in petrol.
  • India seeks revision in price of gas via TAPI line
    New Delhi   23-Aug-2018
    • India has sought re-negotiation of the natural gas price it is to source through a proposed $10 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline due to slump in global energy markets, a top source said.
  • Alinz Plans to Set up portable fuel pumps here
    New Delhi   23-Aug-2018
    • Portable petrol pumps can help cut the land and time needed to set up a filling station in the country, and would be especially useful in land-scarce and difficult areas
  • Interview of Director (Finance), Indian Oil Corporation
    New Delhi   21-Aug-2018
    • Our biggest strategic priority would be sustaining leadership in core business verticals. In the deregulated market scenario, where domestic and foreign players are jostling to garner a bigger share of the market, it would be necessary to remain ahead of the competition.
  • Pledge to materialise PMs energy vision
    New Delhi   21-Aug-2018
    • India’s Integrated Energy Company, Oil & Natural Gas Corporation celebrated its 63rd Anniversary today across all regions and work centers in the country.
  • Crude oil settles at Dollar 72 per barrel
    New Delhi   21-Aug-2018
    • Brent oil stabilized near $72 per barrel on Monday after several week of decline, weighed down by concerns over slowing global economic growth but supported by an expected fall in supply from Iran due to sanctions.
  • Fueling India’s dreams ET-iconic
    New Delhi   20-Aug-2018
    • India is the world's third largest energy consumer; however, in per capita terms, energy consumption in India at 637 kgoe/capita which is below its peers, be it China, Russia OR Brazil and is 1/10th of the levels in the U.S.
  • IndianOil Q1 net profit surges 50%
    New Delhi   14-Aug-2018
    • IndianOil reported a 50% jump in its April-June quarter net profit as inventory gains negated lower refining margins. Consolidated net profit at Rs 6,831 crore in the first quarter of the current 2018-19 compared with Rs 4,549 crore net in the same period of the previous financial year, the company said in a statement here.
  • IndianOil says will invest Rs 20,000 crore in city gas projects in 5-8 years
    New Delhi   13-Aug-2018
    • Indian Oil Corp (IOCNSE -0.16 %), the nation's largest oil company, plans to invest Rs 20,000 crore in city gas distribution projects in next 5-8 years as it bets big on gas business to complement its traditional oil refining and marketing business, its chairman Sanjiv Singh said today.
  • Solar power to run world's highest LPG bottling plant in Leh
    New Delhi   03-Jul-2018
    • Indian Oil Corporation (IOC), the nation' largest fuel retailer, today said its Liquefied Petroleum Gas (LPG) bottling plant in Leh district of Jammu & Kashmir, the world's highest such facility, will now be run on solar power.
  • IndianOil Q4 net up 40% to Rs 5.21K crore
    New Delhi   23-May-2018
    • Indian Oil Corp (IndianOil), the nation's biggest company, today reported 40 per cent jump in the March quarter net profit on the back of higher ?refining margin and inventory gains.
  • As oil prices flare up, IndianOil net jumps 40%
    New Delhi   23-May-2018
    • Indian Oil Corp (IOC), the country’s largest fuel retailer, on Tuesday reported a 40% year-on-year jump in its profit to Rs 5,218 crore for the quarter ended March 2018
  • IndianOil Q4 net up 40% to Rs 5.21K crore
    New Delhi   23-May-2018
    • Indian Oil Corporation (IOC), the nation's biggest company, today reported 40 per cent jump in the March quarter net profit on the back of higher
  • IndianOil fourth quarter net profit up 40 per cent at Rs 5,218 crore
    New Delhi   23-May-2018
    • Indian Oil Corporation (IOC), the nation’s largest fuel retailer, today announced a 40 per cent jump in net profit for the quarter ended March 2018 at Rs 5,218 crore on a standalone basis as compared to Rs 3,720 crore reported for the same quarter previous fiscal.
  • India's Energy Push
    New Delhi   26-Apr-2018
    • Amid the global clash between Saudi-led OPEC & US shale oil producers, India is crafting a balanced strategy to minimise the economic shocks of rising oil prices.
  • IOCians at Refineries HQs observed National Fire Service Day
    New Delhi   24-Apr-2018
    • The petroleum industry in general and IndianOil, in particular, is an active partner in fuelling India’s rapid economic growth trajectory. All IndianOil installations are equipped with the latest fire prevention and firefighting facilities along with world-class standard operating procedures.
  • IOCians observed National Fire Service Day
    New Delhi   24-Apr-2018
    • The National Fire Service Day was commemorated at IndianOil's Refineries headquaters to mark the occassion, B v Rama Gopal, Director (Refineries), in his message to IOCians across refineries division
  • Srikanth rises to World No. 1 ranking
    New Delhi   12-Apr-2018
    • Kidambi Srikanth became the first Indian male shuttler to achieve the world number one ranking in the Badminton World Federation (BWF) chart released on Thursday.
  • IndianOil acquires Shell's 17 pc Oman oilfield
    New Delhi   06-Apr-2018
    • New Delhi, Apr 5 () Indian Oil Corp (IOC), the country's largest oil firm, today said it has acquired Royal Dutch Shell's 17 per cent stake in the Makhaizna oilfield in Oman for USD 329 million.
  • Oil's well for this unstoppable mom
    New Delhi   09-Mar-2018
    • As the world celebrates International Women's Day with #PressforProgress as the theme for 2018, a young woman in Chasnala, 15km from Dhanbad, is showing how to walk the talk.
  • Indian Oil Corporation to invest Rs 25,000 crore in Gujarat Refinery
    New Delhi   09-Mar-2018
    • The Indian Oil Corporation will invest nearly Rs 25,000 crore at its Gujarat Refinery over the next five years. While Rs 1,315 crore will be invested in BS IV fuel project, Rs 3,569 crore will be pumped in BS VI fuel, Rs 15,034 crore will go for capacity
  • BS VI in branded fuel may not be out
    New Delhi   06-Mar-2018
    • Even though the National Capital Region (NCR) is gearing up for the formal launch of the much-awaited Bharat-VI grade of fuel, your favourite branded fuel variants such as XtraPremium, Speed, Power and Turbojet will not be going off the market.
  • IndianOil, Jet Privilege tie up for flying miles scheme
    New Delhi   05-Mar-2018
    • Jet Airways and IndianOil, the country's largest fuel retailer, on Monday announced a partnership that will allow consumers to earn flying miles under the JetPrivilege frequent flyer programme when they buy petrol or diesel. Alternatively, they can use their miles to pay for fuel.
  • IndianOil, Jet Privilege tie up for JPMiles fuel benefits
    New Delhi   05-Mar-2018
    • Loyalty and rewards management company, Jet Privilege has tied up with Indian Oil Corporation to allow JetPrivilege members to earn and redeem JPMiles for fuel purchases from select outlets of the state-run oil marketing firm.
  • CPCL goes for Rs.3,110-cr upgrade
    New Delhi   28-Feb-2018
    • OUR BUREAU Dharmendra Pradhan, Union Minister of Petroleum and Natural Gas, on Tuesday, inaugurated Chennai Petroleum Corporation Ltd's (CPCL) Rs.3,110-crore residue upgradation project.
  • Achanta Sharath Kamal: Towering Titan
    New Delhi   27-Feb-2018
    • “We need to bring back the gold,” Achanta Sharath Kamal declared, training his sights on India's impending campaign in the 2018 Commonwealth Games (CWG) in Gold Coast, Australia, from April 4 to 15.
  • Lanka IOC brings Energy to Life
    New Delhi   26-Feb-2018
    • Lanka IOC has fueled the transformation of the social landscape Sri Lanka and has developed infrastructure across the Island sector of Sri Lanka.
  • Indian Oil Corp Q3 profit doubles to Rs 7,883 crore
    New Delhi   31-Jan-2018
    • Indian Oil Corporation (IOC), the country's largest oil marketing company, on Tuesday reported a close to two-fold jump in its third quarter net profit on the back of a higher inventory gain from the sharp rise in global oil prices and an increase in refining margins.
  • IOC Q3 net profit up two-fold at Rs 7,883 crore
    New Delhi   31-Jan-2018
    • State-owned Indian Oil Corp (IOC) today reported near doubling of its third quarter net profit on the back of inventory gain arising from sharp rise in global oil prices and jump in refining margins.
  • Petrol, diesel prices largely aligned to global rates
    New Delhi   31-Jan-2018
    • Petrol and diesel prices in India are to a "large extent" aligned to international rates, Indian Oil Corp (IOC) Chairman Sanjiv Singh said today, responding to the charges of government meddling in fixing of fuel prices.
  • Pilot for home delivery of diesel likely to start soon
    New Delhi   09-Feb-2018
    • Almost a year after petroleum minister Dharmendra Pradhan tweeted that the ministry of petroleum and natural was exploring ways for home delivery of motor fuels, a pilot is expected to be started soon as required permissions are in place.
  • India plans 77% rise in refining capacity by 2030
    New Delhi   09-Feb-2018
    • India plans to raise its oil refining capacity by 77 per cent to 438.65 million tonnes by 2030 with Reliance Industries and Rosneft-controlled Essar Oil adding the biggest chunk, a government report said on Thursday.
  • IndianOil among Top 10 Brands in India
    New Delhi   02-Feb-2018
    • IndianOil has retained its position as one of the Top 10 Indian Brands in the latest study of the world's top 500 Brands published by Brand Finance, UK.
  • Best workplaces in manufacturing look to attract younger talent
    New Delhi   22-Jan-2018
    • Where is India's manufacturing sector headed? A quick reference to the India Brand Equity Foundation report will show that the five-year goal for the Indian government is to increase manufacturing's share of gross domestic product (GDP) from 16% to 25%, creating 100 million new jobs along the way.
  • At Indian Oil Corporation, workforce is a perfect blend of youth and experience
    New Delhi   22-Jan-2018
    • State-owned refiner Indian Oil Corp. Ltd (IOC), which operates 11 of India's 23 refineries, is among the largest employers in the country with over 33,000 employees and serves consumers across the country with an elaborate ecosystem of dealers, distributors and transporters, making people at the core of its assets.
  • Oiling New Wheels
    New Delhi   19-Jan-2018
    • Ashok, who was appointed Chairman and Managing Director of Ratnagiri Refinery and Petrochemicals Ltd (RRPL) in November last year, had an outstanding record during his three-year stint at Indian Oil Corporation Ltd (IOCL) in the same capacity.
  • Indian Oil Corporation braces for a green future
    New Delhi   18-Jan-2018
    • Wary of being left behind in the emerging energy market, which will rely on renewable sources of energy that are cleaner, safer and inexhaustible, Indian Oil Corporation has drawn up big plans for manufacturing and retailing lithium-ion batteries for use in future electric vehicles and power generating stations.
  • Indian Oil corp takes up 2018 as year of Trust
    New Delhi   04-Jan-2018
    • Indian Oil Corp (IOC), the nation's biggest oil firm, has adopted 2018 as the 'Year of Trust' as it earned belief in the delivery potential in programmes like PMUY, and decision of early implementation of BS-VI fuel norms.
  • IndianOil takes up 2018 as year of trust
    New Delhi   04-Jan-2018
    • Indian Oil Corp (IOC), the nation's biggest oil firm, has adopted 2018 as the ‘Year of Trust' as it earned belief in the delivery potential in programmes like PMUY..
  • Indian Oil looks to supply LPG to northeastern states via Bangladesh
    New Delhi   03-Jan-2018
    • The country's largest customer-facing organisation, IndianOil Corporation (IndianOil), has adopted 2018 as the ‘Year of Trust.' From Pradhan Mantri Ujjwala Yojana (PMUY) to daily price revision of petrol & diesel, to the decision to leapfrog BS-VI fuels supply to Delhi by April 1, 2018...State-owned Indian Oil Corp. Ltd is planning to adopt a new way of supplying cooking gas to the far flung northeastern states by first exporting it to Bangladesh ..
  • Indian Oil To Double Refinery Capacity By 2030
    New Delhi   27-Dec-2017
    • Indian Oil is a mammath in the oil and gas sector in India, straddling 11 refineries with a total capacity to process 80.7 million metric tonnes per annum (MMTPA) of petroleum products.
  • This Punjab plant may have the pollution solution
    New Delhi   12-Dec-2017
    • The burning of paddy straw has created an environmental storm by worsening the air quality in the Capital and its surroundings, but it may now yield a new way to make manure and compressed natural gas (CNG).
  • Indian Oil prepares for shift to a less carbon intensive future
    New Delhi   07-Dec-2017
    • The country's largest refiner Indian Oil Corp. Ltd is making a strategic shift to a less carbon-intensive future by getting into clean energy and related infrastructure, while keeping refinery expansion plans flexible for course correction, said chairman Sanjiv Singh in an interview.
  • IndianOil Corporation mulls Rs 20 k cr coke gasification project
    New Delhi   06-Dec-2017
    • Indian OilBSE -0.92 % Corp (IOCBSE -0.92 %), the nation's biggest oil company, is evaluating setting up a Rs 20,000-crore coke gasification project at its Paradip refinery in Odisha to convert the lowest-cost fossil fuel into gas that can be used to generate power or make petrochemicals.
  • IndianOil to take Rs 4,200 crore hit under GST regime
    New Delhi   04-Dec-2017
    • State-owned oil refiner Indian Oil Corporation (IOC) has said that the impact of the goods and services tax (GST) would be nearly Rs 4,200 crore as it would not be able to claim input tax credit (ITC) for automotive fuels that fall outside GST.
  • Why IndianOil sees no e-vehicles threat
    New Delhi   04-Dec-2017
    • The talk of complete phase out of fossil fuel powered vehicles by 2030 and the possible dominance of the roads by electric vehicles does not seem to have ruffled India's biggest oil refiner, Indian Oil Corporation, which says it will continue to make business-as-usual plans for its future.
  • IndianOil: a global energy company
    New Delhi   13-Nov-2017
    • IndianOil has a sprawling world-class R&D Centre that is perhaps Asia's finest. This is India's foremost centre of research excellence in the areas of lubricants, refinery processes
  • India receives first crude oil shipment from US in 42 yrs
    New Delhi   02-Oct-2017
    • The first shipment of US crude oil in over four decades reached Indian shores on Monday, reaffirming the energy commitment between the two countries that includes importing American liquefied natural gas (LNG).
  • IndianOil plans to expand Paradip refinery capacity by 3 4 MT
    New Delhi   26-Sep-2017
    • With the dispute between the Odisha government and Indian Oil Corp (IOC) over the value-added tax (VAT) being resolved, the oil marketing firm has firmed up plans to increase its investment in the state including expansion of the refining capacity in Paradip by 3-4 million tonne (MT) per annum.
  • India's Top Oil Refiner Seeks Paths to Modi's Cleaner Future
    New Delhi   05-Sep-2017
    • India's top oil refiner is exploring the use of natural gas and electricity to power vehicles as Prime Minister Narendra Modi's government envisions multiple paths toward reducing the country's dependence on petroleum-based fuels.
  • IndianOil working on multiple new energy options
    New Delhi   06-Sep-2017
    • India's top oil refiner is exploring the use of natural gas and electricity to power vehicles as Prime Minister Narendra Modi's government envisions multiple paths toward reducing the country's dependence on petroleum-based fuels.
  • India may be first to use LED for all lights by 2019
    New Delhi   17-Aug-2017
    • Energy Efficiency Services Limited (EESL), under the Ministry of Power, on Wednesday signed a Memorandum of Understanding (MoU) with Oil Marketing Companies under the Ministry of Petroleum and Natural Gas (MoPNG) for distribution of energy
  • Indian Oil Corporation buys first shale oil from US
    New Delhi   14-Aug-2017
    • State-owned Indian OilBSE 2.05 % Corp (IOCBSE 2.05 %) has bought the country's first shale oil from the US and is looking to step up imports from America as part of its crude diversification strategy.
  • IndianOil net slides to Rs 4,548.51 cr
    New Delhi   04-Aug-2017
    • Strain in refinery margins due to crude oil prices saw Indian Oil Corporation Ltd report a 45% drop in net profit for the first quarter of the current fiscal.
  • IndianOil Q1 profit down 45 percent
    New Delhi   04-Aug-2017
    • Owing to drop in refining margin and inventory loss,state-run indian Oil Corporation on Thursday reported a 45% fall in profit for the first quarter of finantial year 2017-18 compared with the same quarter a year-ago.
  • Sanjiv Singh takes over as new IOC chief
    New Delhi   02-Jun-2017
    • The oil industry has to gear up to face “disrup tive technologi es“ and India nOil has to ma ke investments to prepare for the future even though oil will remain in the mainstream of the country's energy discourse for long, Sanjiv Singh told employees in a webcast on Thursday after taking over as chairman of the country's largest refiner-marketer.
  • Sanjiv Singh takes over as IndianOil Chairman
    New Delhi   02-Jun-2017
    • Indian Oil’s Director (Refineries), Sanjiv Singh took over as the Chairman of IOC on Thursday. Singh was the Director (Refineries) on the IndianOil Board since July 2014. Concurrently, Singh will also be Chairman of Chennai Petroleum Corporation Ltd. (CPCL) and Hindustan Urvarak and Rasayan Ltd.
  • IOC overtakes ONGC to become India’s most profitable PSU
    New Delhi   28-May-2017
    • Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.
  • IndianOil Q4 net profit jumps 85% on ease of import policy
    New Delhi   26-May-2017
    • Indian Oil Corp reported a net profit growth of 85% in the fourth quarter of 2016-17, amid intense competition from private players due to the deregulation of fuel pricing, chairman B?Ashok said on on Thursday.
  • IndianOil FY17 net up 70 per cent; Q4 net profit at Rs 3,721 crore
    New Delhi   26-May-2017
    • Indian Oil Corporation's (IOC) chairman B Ashok will sign off on a high when he demits office on May 31 as the company registered a 70 per cent growth in annual profit for 2016-17 and an 85 per cent jump for the quarter ended March 31, 2017.
  • IndianOil launches 1st 0.5-litre Cryocan
    New Delhi   24-Apr-2017
    • The 0.5 litreCryocan, an addition to the already existing models of Cryocan, manufactured by IndianOil's Business Group-Cryogenics, Nashik was launched on Monday by B Ashok, Chairman, IndianOil Corporation Ltd.
  • Watch these 10 PSU stocks
    New Delhi   14-Mar-2017
    • At a time when stock picking becomes increasingly challenging given the elevated valuations, stocks of state-owned entities offer a fall-back option for investors, thanks to reasonable prices versus their private peers.
  • IndianOil Steps on the Gas
    New Delhi   09-Mar-2017
    • The dip in oil prices was the opportunity the country’s largest refiner-retailer was waiting for. It is making the most of it by striking deals overseas and consolidating its position.
  • Bacteria that turns contaminated oil into compost
    New Delhi   23-Feb-2017
    • Even before Dr SSV Ramakumar could submit the joining report as the director (research and development) for IndianOil Corp, he received a call from the petroleum ministry, and was handed a herculean task.
  • IndianOil Director awarded for contribution in fuel science
    New Delhi   21-Feb-2017
    • Sanjiv Singh,Director(Refineries),IndianOil,was folicitated for his outstanding contribution in the field of fuel science by Dr Harsh Vardhan,Union Minister of Science and Technology and Earth Science in New Delhi on February 15.
  • Spot crude buying time cut to two hours
    New Delhi   06-Feb-2017
    • Indian Oil Corporation (IndianOil) has brought down the buying time for some of its spot cargoes to two hours, sharply shrinking from 30 hours just one and a half years ago, a move that would help the country’s largest refiner bring down crude cost and boost margin.
  • Merged PSU energy giant to have global edge: IndianOil, Chairman
    New Delhi   06-Feb-2017
    • The merger of state-run energy companies will provide India the muscle to acquire assets abroad and negotiate better, but the business model of the new entity thus created will be key to its success, chairman of the country’s largest oil marketing firm said.
  • IndianOil to foray into Bangladesh, Myanmar and others
    New Delhi   01-Feb-2017
    • In a strategy that may work in tandem with the Look East policy of India, state-run Indian Oil Corporation is set to foray into retail, pipeline and refinery sectors in Bangladesh, Myanmar, Vietnam and Nepal.
  • IndianOil Q3 profit jumps 29% to Rs3,995 crore
    New Delhi   31-Jan-2017
    • State-owned refiner Indian Oil Corp. on Tuesday reported a 29% jump in net profit for the October-December period to Rs3,995 crore, helped by better refining margins and a jump in petroleum product sales.
  • BW Real 500: Riding On Growth
    New Delhi   18-Jan-2017
    • Indianoil corporation maintained its second position in the BW Real 500 list this year as well. Notably, the company has doubled profits in the financial year of 2015-16 in comparison with the previous year.
  • IndianOil to deploy unique digital asst.app for field force
    New Delhi   03-Jan-2017
    • In support of the Digital India initiative, IndianOil Corporation Ltd. had deployed a new technology initiative, a ChatBot, at the recently concluded PETROTECH-2016, the 12th International Oil & Gas Conference and Exhibition at Delhi held under the aegis of the Ministry of Petroleum & Natural Gas.
  • Why IndianOil could be Dalal Street's favourite OMC stock
    New Delhi   03-Jan-2017
    • ET Intelligence Group: IndianOil BSE 6.02 %, the country's largest oil marketing company (OMC), may emerge as a top pick among OMCs in 2017 given expectations of higher ear nings surprise once its 15-million tonnes per annum (MTPA) Paradip refinery achieves full utilisation in March 2017.
  • Indian Oil clinch Beighton Cup title
    New Delhi   28-Dec-2016
    • Indian Oil won their fifth All India Beighton Cup title by edging past Bharat Petroleum Corporation Limited (BPCL) 5-3 in the final at the SAI training centre in Kolkata on Tuesday.
  • IndianOil Corp commences testing cleaner diesel
    New Delhi   28-Dec-2016
    • IndianOil Corporation's Mathura refinery has dispatched BS(Bharat Stage) VI high-speed diesel(HSD) to two auto companies to test viability and compatibility as part of its efforts to provide cleaner fuel for an ecofriendly environment.
  • IndianOil scouts for more oil & gas assets
    New Delhi   27-Dec-2016
    • India's largest refiner Indian Oil Corp (IOC) has been scouting for exploration and production assets as part of its plan to become an integrated energy company.
  • PSUs: Power Of A Collective
    New Delhi   20-Dec-2016
    • The Indian government by virtue of its majority ownership in public sector companies, including banks and oil marketers, has become richer by Rs 1,44,637 crore in 2016 compared to the previous year.
  • PSUs: Power Of A Collective
    New Delhi   20-Dec-2016
    • The value of oil PSUs soared in the year under review, increasing the government wealth by over Rs 50,000 crore. IndianOil, the largest oil marketer by revenue, was ranked fifth in the rich PSU list with a net worth of Rs 82,976 crore, up 45.08 per cent over the previous year.
  • IT keeps Indian Oil Corp dealer network well-oiled
    New Delhi   10-Nov-2016
    • Public sector units (PSUs) today are leveraging information technology (IT) to automate business processes across various functions such as engineering, manufacturing, materials management, production, site operations and project management.
  • Slick Marketer
    New Delhi   04-Nov-2016
    • Oil marketing company Indian Oil Corporation continued to ride the softening of oil prices, raking up the highest growth in profits among the BT500 companies.
  • IOC clocks Rs 3,122-cr net profit during Q2
    New Delhi   28-Oct-2016
    • Indian Oil Corporation on Thursday reported a net profit of R3,121.89 crore for the July-September quarter of FY17, as against a net loss of R450.24 crore during the same period last year.
  • IOC makes Rs 3.1K cr profit in Q2 on higher margins
    New Delhi   28-Oct-2016
    • Nation's biggest company, IOC today reported net profit of Rs 3,122 crore for the second quarter of current fiscal, as against a loss a year ago, on account of higher refinery margins and lower inventory losses.
  • IOC boosts J&K staff morale
    New Delhi   13-Oct-2016
    • For their contribution in maintaining the supply lines during times of unrest in the Kashmir Valley, IndianOil felicitated its employees at Srinagar (Zeewan Depot).
  • ‘Best Innovation’ award goes to Indian Oil
    New Delhi   08-Oct-2016
    • The Southern Region Pipelines of Indian Oil Corporation Limited has been selected for the ‘Best Innovation and Sustainability Award for Industry’ for 2016 by The Institution of Engineers, Tamil Nadu State Centre.
  • IOC announces Rs 1.80tn investment plan in next 6 years
    New Delhi   15-Sep-2016
    • Announcing its plan of investing Rupees up to 1.80 trillion across verticals in next six years, state-run Indian Oil Corporation on Wednesday said it also is talks with foreign entities to co-invest in the investment that includes setting up a mega refinery in coastal Maharashtra.
  • Indian Oil plans Rs.1.8 lakh crore expansion
    New Delhi   15-Sep-2016
    • India’s biggest refiner, Indian Oil Corporation (IOC), has lined up a capital expenditure plan of Rs.1.8 lakh crore to expand its refineries, oil exploration business and build marketing infrastructure, petrochemicals plants and LNG terminals.
  • Foreign firms may pick up stake in coastal refinery project: IOC Chairman
    New Delhi   15-Sep-2016
    • Foreign oil companies may take a stake in the Rs. 1.80 lakh-crore coastal refinery project in Maharashtra to be set up by the State-run oil PSUs. The project will require about 15,000 acres, said Indian Oil Corporation (IOC) Chairman B Ashok on Wednesday. He was addressing the media after chairing the AGM of the company
  • IndianOil announces Rs. 1.8-trillion investment plan for next 6 years
    New Delhi   15-Sep-2016
    • Announcing its plan of investing Rs up to 1.80 trillion across verticals in next six years, state-run Indian Oil Corporation on Wednesday said it also is talks with foreign entities to co-invest in the investment that includes setting up a mega refinery in coastal Maharashtra.
  • Manali refinery's upgradation is 88% complete: B Ashok
    New Delhi   08-Sep-2016
    • The Rs 3,110 crore Resid Upgradation Project at Manali Refinery, undertaken by Indian Oil Group company Chennai Petroleum Corporation Ltd, has made 88 per cent progress, a top official said on Wednesday.
  • CPCL mulls adding refinery at Narimanam
    New Delhi   08-Sep-2016
    • Chennai Petroleum Corporation Ltd., (CPCL), a subsidiary of Indian Oil Corporation, is planning to set up an additional refinery at Narimanam in Nagapattinam District of Tamil Nadu to meet higher demand for petroleum products in the state.
  • CPCL mulls 9 mt refinery in TN
    New Delhi   08-Sep-2016
    • Chennai Petroleum Corporation, the standalone refinery of Indian Oil Corporation, is considering feasibility of setting up a nine- million-tonne-a-year refinery in south Tamil Nadu.
  • IndianOil to add 24 mt capacity in 5-6 years
    New Delhi   01-Sep-2016
    • Indian Oil Corporation will be adding 24 million tonnes of crude oil refining capacity through brownfield expansions over the next five to six years, Director (Refineries) Sanjiv Singh told the company’s employees on Thursday.
  • IOC net jumps 25%, announces 1:1 bonus
    New Delhi   30-Aug-2016
    • State-run oil refiner and marketer IOC on Monday reported its best ever first quarter net profit: the Maharatna reported a 25% jump in net profit in Q1FY17 at R8,269 crore against R6,591crore in the same quarter previous year.
  • NMCG and IOC sign mou for industrial use of treated water
    New Delhi   18-Aug-2016
    • Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti has said that a new beginning has been made with the foundation laying of STP in Mathura which will provide treated water for industrial use.
  • Petroleum Minister Pradhan supports merger of CPCL with IOC
    New Delhi   25-Jul-2016
    • Union Minister of State (independent charge) for Petroleum and Natural Gas Dharmendra Pradhan on Saturday indicated that he was in favour of the merger of Chennai Petroleum Corporation Ltd (CPCL) with Indian Oil Corporation Ltd (IOCL).
  • IOCL conclave on explosives
    New Delhi   25-Jul-2016
    • The 3rd Conclave on Explosives Organised by Indian Oil Corporation Limited , IBP Division, Business Group (Explosives) was inaugurated at Kolkata on 15th July 2016.
  • IOC top Indian company in Fortune Global 500 list
    New Delhi   22-Jul-2016
    • Seven Indian companies have made it to the latest Fortune 500 list of the world’s biggest corporations in terms of revenue with the retail giant Walmart topping the global rankings.
  • IOCL bets on petrochemical, gas marketing portfolios for growth
    New Delhi   08-Jul-2016
    • An Indian Consortium, led by Indian Oil Corporation Limited (IndianOil), Oil India Limited (OIL) and Bharat PetroResources Limited (BPRL), a 100% subsidiary of Bharat Petroleum Corporation Limited (BPCL), signed the definitive agreement to acquire up to 23.9% shares from Rosneft Oil Company (Rosneft), NOC of Russia
  • Countdown to Cleaner Emissions
    New Delhi   06-Jul-2016
    • “Such a quantum jump (from BS-IV to BS-VI compliant auto fuels) within a span of three years is being attempted perhaps for the first time by any country in the world.....”
  • IOC hopes to sustain robust refining margins in FY17
    New Delhi   31-May-2016
    • Indian Oil Corporation posted a disappointing set of numbers in Q4 with profits shrinking 80 per cent to Rs. 1,235.64 crore and gross refining margin (GRM) shrinking to $3 per barrel.
  • IOC net profit doubles to over Rs 10K cr
    New Delhi   28-May-2016
    • The country’s largest oil retailer Indian Oil Corporation Ltd (IOC) on Friday posted a record net profit of Rs 10,399.03 crore in 2015-16, nearly double of Rs 5,273.03 crore in FY15 to become nation’s second most profitable PSU.
  • Indian Oil reports highest ever net profit in single year
    New Delhi   28-May-2016
    • India’s largest fuel retailer Indian Oil Corporation (IOC) on Friday reported its highest ever net profit in a single year at Rs 10,399 crore in FY16, nearly double the level (Rs 5,273 crore) reported in FY15.
  • IOC net profit at record Rs 10,399 crore in 2015-16
    New Delhi   28-May-2016
    • Flagship refiner-marketer IndianOil Corporation on Friday reported a net profit of Rs 10,399 crore in 2015-16, to become nation's second most-profitable state-run entity after Oil and Natural Gas Corporation.
  • IOC net at new peak
    New Delhi   28-May-2016
    • The agreement would help India use the Chittagong port for importing LPG and then transporting it to Tripura
  • IOC’s net profit rises to Rs. 10,399 crore
    New Delhi   28-May-2016
    • Indian Oil Corporation (IOC) posted a net profit of Rs.10,399.03 crore for 2015-16 against Rs.5,273.03 crore in the corresponding period of the previous year. Income from operations was Rs.3,50,603.09 crore against Rs.4,37,524.23 crore because of a decline in international oil prices.
  • IOC posts record net in FY16
    New Delhi   28-May-2016
    • Indian Oil Corp (IOC) on Friday reported the highest net profit in its history at Rs 10,399 crore in FY2015-16 to become nation’s second most profitable PSU.
  • IOC Tops LPG Supplies
    New Delhi   10-May-2016
    • Prompt supplies of Liquefied Petroleum Gas (LPG) to various camps at Simhastha fair have reduced the inconvenience of seers and other religious bodies organising mass meals for thousands of pilgrims daily.
  • IOC investing Rs 45K crore to expand refining capacity to meet demand
    New Delhi   29-Apr-2016
    • Refining giant Indian Oil Corp (IOC) is preparing for a future when batteries will increasingly replace car fuel tanks but for the moment is investing Rs 45,000 crore to expand its refining capacity to meet the rapidly rising fuel consumption in the country.
  • IOC, Bangladesh Petro ink LPG terminal, pipeline deal
    New Delhi   19-Apr-2016
    • Flagship refiner-marketer IndianOil Corporation has inked an MoU with Bangladesh Petroleum Corporation to examine the possibility of jointly working on setting up a LPG (liquefied petroleum gas) import terminal at Chittagong port and other downstream infrastructure in that country.
  • IOC, Bangladesh Petroleum Corporation to set up joint ventures
    New Delhi   19-Apr-2016
    • India and Bangladesh will scale up hydrocarbon cooperation this week with state-owned firms Indian Oil Corp. (IOC) and Bangladesh Petroleum Corp. (BPC) entering into joint venture projects, leveraging the expertise of the companies and the geographic advantages of the two nations, said a statement from the oil ministry.
  • IOC to set up LPG import terminal at Chittagong
    New Delhi   19-Apr-2016
    • State-owned Indian Oil Corp (IOC) today signed an agreement with Bangladesh Petroleum Corp (BPC) to set up LPG import terminal at Chittagong and lay a pipeline from there to Tripura.
  • IOC signs Bangladesh JV
    New Delhi   18-Apr-2016
    • India and Bangladesh will scale up hydrocarbon cooperation this week with state-owned firms Indian Oil Corp. Ltd (IOC) and Bangladesh Petroleum Corp.
  • Expect another robust quarter for downstream companies
    New Delhi   12-Apr-2016
    • We expect Q4FY16 to be another strong quarter for the downstream cos, particularly for the three oil marketing companies (OMCs), due to no inventory losses and strong diesel marketing margins.
  • Haryana Dairy, IOC to tie up
    New Delhi   12-Apr-2016
    • Haryana's dairy cooperative federation will open milk booths under VITA brand at fuel pumps of IndianOil Corporation in the State.
  • Suzlon receives Rs 314cr contract
    New Delhi   31-Mar-2016
    • Suzlon Energy, India’s largest wind turbine maker, has signed a contract with Indian Oil Corporation Limited (IOCL) to construct 48.30 megawatts wind power project in Rajasthan, which would earn it total revenues of about Rs 314 crore.
  • IOC crowned Hockey champs
    New Delhi   29-Mar-2016
    • IOC (Indian Oil Corporation) emerged champions of the XXXIV PSPB Inter Unit Hockey Tournament 2016.
  • Refiners on track to meet BS-VI supply guideline
    New Delhi   28-Mar-2016
    • Indian refineries are on track to meet the strict timeline for supplying superior quality and less polluting petrol and diesel confirming to Euro-VI norms by April 2020, IOC Director (Refineries) Sanjiv Singh said.
  • Adani offers 49% stake in Dhamra LNG project
    New Delhi   28-Mar-2016
    • Adani Group has offered 49 per cent stake in its Rs 5,000-crore Dhamra LNG project in Odisha to state-run gas utility GAIL India and refiner Indian Oil Corporation (IOC)
  • Indian Oil takes tech leap in Mathura
    New Delhi   08-Mar-2016
    • The Minister of Petroleum and Natural Gas, Dharmendra Pradhan, has initiated the process to set up the first- of- its- kind Octomax unit in the country at the Mathura refinery that will help in the production of highoctane gasoline.
  • IndianOil's 100th Aviation Fuel Station inaugurated
    New Delhi   08-Mar-2016
    • IndianOil Corporation's 100th Aviation Fuel Station (AFS) at Rourkela in Sundergarh district of Odisha was inaugurated recently by the Dharmendra Pradhan, MoS (I/C), Ministry of Petroleum & Natural Gas, at a function in Rourkela
  • Pradhan launches work on IOC Octomax unit
    New Delhi   06-Mar-2016
    • Union minister Dharmendra Pradhan has laid the foundation stone of country’s first-of-its-kind Octomax unit at the Mathura refinery that will help in the production of high-octane gasoline.
  • Pradhan launches IndianOil’s 100th aviation fuel station
    New Delhi   06-Mar-2016
    • The country’s national downstream petroleum refining and marketing company Indian Oil Corporation Ltd’s (IOCL) 100th Aviation Fuel Station (AFS) was inaugurated by Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan at Rourkela in Sundergarh district, Odisha, on Saturday.
    New Delhi   03-Mar-2016
    • A high performance range of SERVO Tata Motors Genuine Oils was launched by IndianOil Corporation Limited. K L Murthy, executive director (Lubes) IndianOil, says that this will provide a compelete care for vehicles
  • IndianOil tops FE 500 rankings
    New Delhi   29-Feb-2016
    • Indian Oil Corporation Limited continues to lead the prestigious list of FE500 top companies by net revenue for the year 2016.
  • IOC shares are a good stock option
    New Delhi   23-Feb-2016
    • India’s largest oil marketing company, Indian Oil Company (IOC) has set up a Rs 35,000 crore refinery in Paradip, Orissa, to be integrated along with a petrochemical complex.
  • IOC against import duty on crude oil
    New Delhi   22-Feb-2016
    • India imported 189 mt of crude oil in 2014-15, valued at $112 billion. In the current financial year, the value of imports is expected to come down to $61 billion
  • Modi flags off India's most advanced IOC Paradip refinery
    New Delhi   07-Feb-2016
    • Amid global gloom and static capacitity expansion by oil majors, Prime Minister Narendra Modi on Sunday flagged off Indian Oil Corp's Rs 34,555-crore Paradip refinery, touted as India's most advanced and capable of producing Bharat Stage VI fuels.
  • Paradip refinery to turn around IOC's prospects
    New Delhi   21-Jan-2016
    • Inexpensive valuations, improving business outlook could trigger re-rating of the stock<br/><br/>Indian Oil Corporation (IOC) has lagged peers Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) on gross refining margins (GRMs) and on as stock performance in recent times.
  • Paradip refinery to boost Indian Oil profits by 20-30%
    New Delhi   12-Jan-2016
    • Country’s largest refiner Indian Oil Corporation’s (IOC) bottom line would get a boost of 20-30% after its 15 million tonne per annum (mtpa) greenfield project in Odisha is fully commissioned by FY18.
  • IndianOil … Going green… The solar way…
    New Delhi   05-Jan-2016
    • IndianOil is going green & has embarked on a major initiative to electrify its fuel retail outlets with solar power, thus enabling its channel partners to adopt solar energy to run fuel pump operations.
  • Women celebrate in Bihar's first 'smokeless' village
    New Delhi   05-Jan-2016
    • Women in a village in Bihar are celebrating -- as all its 240 households have been provided with cooking gas connections and they no longer have to use firewood, cow dung cake or charcoal to cook.
  • Fuelling the future
    New Delhi   17-Dec-2015
    • IndianOil's ‘Make in India' initiative sets up low cost aviation fuel station
  • Awarding the best
    New Delhi   17-Dec-2015
    • In 2012, KPMG, a leading financial services and business advisory provider, listed out several constraints of Public Sector Undertakings (PSU) in India.
  • 10 more rail stations to get biofuel facility
    New Delhi   17-Dec-2015
    • In line with the Central policy of adopting biofuel-blended diesel, the South Western Railway (SWR) is planning to extend the blending and storage facilities to 10 more stations in its jurisdiction in the next three to four months.
  • IOCL, Evonik ink licensing pact
    New Delhi   01-Dec-2015
    • Indian Oil Corporation (IOCL) has announced it will offer customers a hydraulic fluid formulated with ‘DynaVIS technology’, which is an innovation by the €13-billion Evonik Industries of Germany, under a licensing agreement (Evonik’s first licensing agreement in India)
  • IOC betting big on green energy
    New Delhi   19-Nov-2015
    • Indian Oil Corporation (IOC), the nation's largest fuel retailer, has renewed its focus on green energy and sustainability initiatives, having firmed up a mega clean energy drive that includes plans to invest Rs 1,820 crore in setting up green energy generation capacity, pushing bio-fuel blending in petroleum products and adopting measures to cut down its carbon footprint.
  • IndianOil aims for full capacity at Paradip plant next fiscal year
    New Delhi   04-Nov-2015
    • Indian Oil Corp. Ltd (IOC) plans to fully operationalize its Paradip refinery by early next month, aiming to reach its full capacity of 15 million tonnes per annum (mtpa) during the next financial year. IOC, the nation's largest oil refiner, reported a net loss of Rs.329 crore in the July-September quarter on Tuesday.
    New Delhi   04-Nov-2015
    • With good performance of physical parameters such as sales, capacity utilisation and other factors, nation's biggest oil major State-owned Indian Oil Corporation (IOC) on Tuesday posted standalone profit of Rs6,107 crore
  • IOC-Delonex JV wins Mozambique oil block
    New Delhi   30-Oct-2015
    • State-owned Indian Oil Corp (IOC) has partner Delonex Energy, a new Africa-focused oil and gas explorer led by former Cairn India chief Rahul Dhir, to win its maiden oil block in Mozambique.
  • IOC executing Rs 12,000-cr pipeline projects
    New Delhi   20-Oct-2015
    • Indian Oil Corporation (IOC), the nation’s largest fuel retailer, is busy executing a dozen-odd projects at an investment of around Rs 12,000 crore to expand its network of crude oil and products pipeline by 54 per cent to 17,000 km by 2019.
  • Need for Security
    New Delhi   15-Oct-2015
    • IndianOil organised a security seminar at Refineries Headquarters with Surender Singh, director general, CISF as the chief guest and Sanjiv Singh, director (Refineries) presiding over the function.
  • Paradip refinery commercial launch soon: IndianOil
    New Delhi   14-Oct-2015
    • Optimistic about the commercial commissioning of its Rs 35,000 crore refinery project at Paradip in Odisha "very very soon," the IOCL on Tuesday said the entire world is looking at the project because of its volume and uniqueness.
  • IOC to spend Rs 32,500 crore on expansion
    New Delhi   13-Oct-2015
    • Indian Oil Corporation, the nation's biggest refiner and fuel retailer, is planning to spend about $5 billion (nearly Rs 32,500 crore) to expand its exploration and production business, with half the amount slated to go into acquisition of new assets that are increasingly becoming available in the wake of a global crude oil crash.
  • 'Common carrier' move will hit pipeline development: IOC
    New Delhi   13-Oct-2015
    • The Petroleum and Natural Gas Regulatory Board (PNGRB)’s move to declare 20 Indian Oil Corporation (IOC) pipelines, accounting for about half the company’s pipeline capacity of 80 million tonnes (mt), as “common carrier” will hit refinery and pipeline development and impact the entire sector, the fuel retailer has said.
  • A glorious victory
    New Delhi   17-Sep-2015
    • Butene-1 project at Indian Oil Corporation’s Panipat Refinery recently won the prestigious PMI ‘Project of the Year Award’ 2015
  • Indian Oil planning to invest 1.75 lakh crore over 7 years
    New Delhi   16-Sep-2015
    • Country's largest oil refiner Indian Oil Corporation (IOC) today said it will be investing Rs 1.75 trillion over the next seven years to expand output by 54 per cent to around 100 million tonnes per annum.
  • IOCL partners with Atos to automate its retail outlets
    New Delhi   08-Oct-2015
    • The initiative will enhance operational efficiency by controlling any distribution losses and improve data interpretation and analytics to steer the performance and efficiency across the IOCL distribution network.
  • IOC will not ink long-term LNG price deals
    New Delhi   08-Oct-2015
    • Indian Oil Corporation (IOC), the country's largest refiner and fuel retailer, will not enter into long-term price contracts with liquefied natural gas (LNG) suppliers, drawing lessons from the fiasco where staterun Petronet
  • IndianOil’s Panipat Naphtha Cracker bags top world rank
    New Delhi   10-Sep-2015
    • The Polypropylene Unit of Panipat Naphtha Cracker has been ranked number one globally under the categories “Internal Stream Factor” and “Specific Monomer (Ethylene) consumption” for the year 2014-15, as part of the benchmark study conducted by the licensor M/s Lyondell Basell.
  • India Inc commits Rs 30,000 cr investment in Tamil Nadu
    New Delhi   10-Sep-2015
    • Top corporate houses, including Adani Group, HCL, MRF, ITC and others, have committed thousands of crores in investments in Tamil Nadu. Adani Group alone is planning to invest Rs 10,000-15,000 crore in the state to set up power plants and ports.
  • IOC surges ahead of pvt companies in refining margin
    New Delhi   28-Aug-2015
    • Beating private sector peers like Reliance Industries, when it comes to gross refining margins (GRM) is no mean achievement, and that is exactly what state-owned downstream company Indian Oil Corporation (IOC) managed to do in the first quarter of the current fiscal.
  • IOC to import crude oil to cut cost
    New Delhi   28-Aug-2015
    • State-owned IndanOil Corp(IOC) is increasing crude oil imports from as far as Latin America and raising proportion of purchase from spot or cash market to cut costs, said Chairman B Ashok
  • IOC raises oil import from new suppliers to cut costs
    New Delhi   28-Aug-2015
    • State-owned Indian Oil Corp (IOC) is increasing crude oil imports from as far as Latin America and raising proportion of purchase from spot or cash market to cut costs, said Chairman B Ashok.
  • IOC raises oil import from Latin America to cut costs
    New Delhi   28-Aug-2015
    • State-owned Indian Oil Corp (IOC) is increasing crude oil imports from as far as Latin America and raising proportion of purchase from spot or cash market to cut costs, said Chairman B Ashok. IOC, the nation's biggest oil firm, spent Rs1.65 lakh crore on import of 43.9 million tons of crude oil in 2014-15.
  • IOC bottling unit in Punjab
    New Delhi   27-Aug-2015
    • State-owned Indian Oil Corporation (IOC) on Wednesday said it will set up an automated bottling plant in Punjab at an investment of Rs 110 crore.
  • Pahal in Guinness Book of World Records
    New Delhi   18-Aug-2015
    • Cash transfer program (households) implemented by oil marketing companies (OMCs) - Pratyaksha Hastaantarit Laabh (PAHAL) has entered the Guinness Book of World Records for being the largest cash transfer program (households).
  • RIL again loses most profitable tag, this time to IndianOil
    New Delhi   17-Aug-2015
    • Within two quarters of losing its 23-year-old reign as the country’s most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by IndianOil.
  • RIL again loses most profitable tag to IOC
    New Delhi   17-Aug-2015
    • Within two quarters of losing its 23-year-old reign as the country's most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by IndianOil.
  • Indian Oil net up over 2-fold on higher refining margin
    New Delhi   14-Aug-2015
    • Indian Oil Corporation, India’s largest refining and oil marketing company, on Thursday reported a 2.5-fold jump in net profit for the April-June period of FY16 at Rs 6,435.7 crore against Rs 2,522.9 crore in the year-ago period.
  • Govt shortlists 5 merchant bankers for IOC stake sale
    New Delhi   14-Aug-2015
    • The Government has finalised five merchant bankers for disinvestment of 10 per cent stake in Indian Oil Corporation (IOC), which could fetch the exchequer about Rs9,500 crore, a senior IOC official said on Thursday.
  • CPCL profit zooms 80% in first quarter on crude price fall
    New Delhi   11-Aug-2015
    • Falling prices of crude oil have contributed to Chennai Petroleum Corporation reporting an 80 per cent growth in net profit for the first quarter of the current year as compared to the previous quarter last year.
  • Construction work on Ennore LNG terminal started: IOC
    New Delhi   11-Aug-2015
    • Indian Oil Corporation (IOC) has begun initial works for setting up the Rs 5,150-crore LNG terminal at Ennore near here. The company had inked a MoU with the Tamil Nadu government for the project.
  • Borrowings for IndianOil slide as crude oil prices slip
    New Delhi   07-Aug-2015
    • Low crude oil prices and decontrol of auto fuels may have helped IndianOil Corporation (IOC) to cut down its borrowings but the largest marketer of petroleum products still has an average borrowing of around Rs 50,000 crore.
  • Awards & Accolades
    New Delhi   07-Aug-2015
    • In a reaffirmation to IndianOil Refineries Division's commitment to operational safety at its locations, two of its refineries in Assam - Bongaigaon and Guwahati have won the coveted Oil Industry Safety Awards for the year 2013-14.
  • IndianOil Refineries sweep oil industry Safety Awards
    New Delhi   07-Aug-2015
    • In a reaffirmation to IndianOil Refineries Division's commitment to operational safety at its locations, two of its refineries in Assam - Bongaigaon and Guwahati have won the coveted Oil Industry Safety Awards for the year 2013-14.
  • Indianoil Wins Oisd Award For Lpg Marketing
    New Delhi   07-Aug-2015
    • For its operations in the North Zone in the year 2013-14, Indian Oil Corporation Limited has won the prestigious OISD (Oil Industry Safety Directorate) award in the Oil Marketing Company – LPG category.
  • Govt. to give Rs 1,300 cr kerosene subsidy
    New Delhi   04-Aug-2015
    • The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
  • Govt. to give Rs 1,300 cr kerosene subsidy
    New Delhi   04-Aug-2015
    • The Finance Ministry will pay state-owned fuel retailers Rs 1,300 crore cash subsidy for kerosene for the first quarter ended June 30, but the same on LPG will be decided later.
  • Measure against inadvertentLPG subsidy 'give up'
    New Delhi   03-Aug-2015
    • The oil companies have added a new feature in IVRS (interactive voice response system) to check instances where LPG consumers inadvertently got enrolled under "Give up subsidy" scheme by pressing digit 'O'.
  • ‘We can process 170 types of crude oil today’
    New Delhi   03-Aug-2015
    • Indian Oil Corporation is looking at a rather strong first quarter on the back of a consistent domestic retail fuel pricing policy by the government, low oil prices and its own financial jugglery.
  • Top Honours
    New Delhi   30-Jul-2015
    • IndianOil’s Project Chetna is recognised as a path-breaking initiative by the Association for Talent Development
  • In Need of Power
    New Delhi   30-Jul-2015
    • Business Group (explosives), IBPD organised the second conclave on Explosives at Kolkata recently. Eminent professionals and academicians from the mining industry addressed the conclave which was attended by delegates from the mining fraternity and other stakeholders
  • Happy days are here again for Indian Oil, Bharat Petroleum, other OMCs
    New Delhi   27-Jul-2015
    • On November 9, 2011, the then chairman of India’s largest oil refining and marketing company Indian Oil Corporation Ltd (IOC) R S Butola announced his firm may need to shut down some of its refineries since it was in dire need for cash to buy crude oil.
  • IndianOil sweeps awards at PetroFed 2014 awards ceremony
    New Delhi   15-Jul-2015
    • The annual PetroFed Oil and Gas Industry awards for 2013-14 for excellence in performance in various categories were presented to corporates by Mr. Dharmendra Pradhan Hon’ble MoS (I/c) Petroleum & Natural Gas, in Delhi today.
  • Paradip Refinery's South Oil Jetty inaugurated
    New Delhi   10-Jul-2015
    • The South Oil Jetty of Paradip Refinery was inaugurated by Mr. Nitin Jairam Gadkari, Hon’ble Union Minister, Shipping, Road Transport & Highways on 10th July 2015 in the august presence of Mr. Dharmendra Pradhan, Hon’ble Union Minister of State(Independent Charge), Petroleum & Natural Gas; Dr. Damodar Rout, Hon'ble Minister for Co-operation and Excise, Govt. of Odisha and MLA, Paradip; and Dr. Kulamani Samal, Hon'ble Member of Parliament, Jagatsinghpur.
  • Palakkad city achieves 100% RO automation
    New Delhi   14-Jul-2015
    • At a function held at BalaJi Fuels Palakkad, Mr. Murali Srinivasan, GM, Kerala State Office, declared Retail Outlets of Palakkad district 'Fully Automated'.
  • Solar Power System inaugurated at Port Blair Terminal
    New Delhi   08-Jul-2015
    • Mr. Y. K. Gupta, ED, WBSO inaugurated a Solar power system at the IndianOil Port Blair Terminal in the presence of Mr. N. N. Rao, DGM (Engg.), WBSO, Mr. Pritish Bharat, DGM(RS), WBSO, Mr. Aloke Kr. Singh, Chief CC Manager, ER, and others.
  • OMCs hit multi- year highs
    New Delhi   03-Jul-2015
    • Shares of state- owned oil marketing companies (OMCs) closed at respective multi- year highs on Thursday, on expectation of higher earnings growth.
  • WBSO organises Gold Circle Panel Dealers’ Meet
    New Delhi   31-Mar-2015
    • West Bengal State Office organised an interactive meet for the Gold Circle Panel Dealers of 2014-15 recently. The panel of 22 retail outlet dealers was formed with a view to have a direct interaction with the higher management of State Office and also to offer a platform to
  • WR undertakes health care initiative
    New Delhi   31-Mar-2015
    • IndianOil, Western Region in association with Nanavati Hospital, Vile Parle, Mumbai organised a health check-up camp recently for ‘Navjivan Vikas Sewa Sanstha’ at Post Raipatan and Sarvoutkarsha Samajit Sanstha, Ratnagiri.
  • IiPM organises workshop on Security of Workplace
    New Delhi   30-Mar-2015
    • Three days' workshop on ‘Security of Workplace’ was held at IiPM from Mach 25 to 27, 2015. The programme was inaugurated by Mr. S. N. Singh, Advisor (Security) and Dr. Anand Kumar, Additional Director-IB, MHA.
  • NRPL organises Safety Conclave
    New Delhi   30-Mar-2015
    • Inaugurating a daylong Safety Conclave on the theme “Safety, Security and Environmental Challenges in Petroleum Pipelines” held in New Delhi on March 30, 2015, Mr. J. P. Ojha, ED(I/c), NRPL said “Persistent efforts are necessary to develop advanced
  • IndianOil achieves 100% RO automation in Raipur City
    New Delhi   30-Mar-2015
    • As the part of nationwide drive of IndianOil under the aegis of Ministry of Petroleum and Natural Gas (MoP&NG), the Corporation declared Raipur as fully automated city. With this announcement, Raipur has become the first city in MPSO with total automation.
  • Marketing Division completes mail migration to COIS
    New Delhi   30-Mar-2015
    • One of the major action plans of the Corporate IT infrastructure consolidation plan was to consolidate the Mail & Messaging systems from respective Divisions data centers to COIS. This shall lead to a unified Mail & Messaging system across the Corporation.
  • Hon'ble Prime Minister inaugurates Urja Sangam 2015 - India’s Global Hydrocarbon Summit
    New Delhi   27-Mar-2015
    • Hon’ble Prime Minister, Mr. Narendra Modi inaugurated ‘Urja Sangam 2015’ today at Vigyan Bhavan, New Delhi, which is being hailed as India’s biggest global hydrocarbon meet, aimed at shaping India’s energy security in the presence of Mr. Ravi Shankar Prasad, Union Minister for Communication and Information Technology,
  • Director (Refineries) reviews Paradip Refinery Project
    New Delhi   27-Mar-2015
    • Mr. Sanjiv Singh, Director (Refineries) visited Paradip Refinery Project on March 25, 2015. He reviewed the progress of Quality Control Lab (QC), Captive Power Plant (CPP), Delayed Coking Unit
  • DSO undertakes CSR initiative
    New Delhi   27-Mar-2015
    • Delhi State Office donated a Maruti Van under CSR activities to Prateek Institute, Nangloi, New Delhi.
  • Western Region organises Vigilance Awareness Workshop
    New Delhi   25-Mar-2015
    • One day Vigilance Awareness Workshop was organised by Vigilance Department, Western Region recently on ‘Tendering Procedures and e-tendering’ at WRO for the officers dealing in Tenders.
  • Guwahati Refinery gets Excellence in TPM Consistency Award
    New Delhi   25-Mar-2015
    • Guwahati Refinery has been conferred with the ‘Excellence in Consistent TPM Commitment Award’ by Japan Institute of Plant Maintenance (JIPM) for commendable performance in maintaining the level of excellence in TPM commitment. Mr. Jogen Barpujari, GM, and Mr. S.P. Baruah, DGM (PN), received the prestigious award at a function, held at Kyoto, Japan recently.
  • ED, NEISO and ED, BGR call on the Hon'ble CM of Assam
    New Delhi   24-Mar-2015
    • Mr. Dipankar Ray, ED, NEISO and Mr. R. Ahuja, ED, BGR called on the Hon'ble Chief Minister of Assam, Mr. Tarun Gogoi at his residence in Guwahati recently for waiver of Entry Tax imposed by the Government of Assam on imported crude to BGR.
  • Hon’ble MLA inaugurates new facilities at Hunsur Town RO
    New Delhi   24-Mar-2015
    • Mr. H. P. Manjunath, Hon’ble MLA from Hunsur, Mysore District, and Mr. S. Sridhar, SDRSM, Mysore DO inaugurated the sales building and started the sales operation at the new RO MLR Fuel Junction, Hunsur Town.
  • गुवाहाटी रिफाइनरी में राजभाषा संगोष्ठी का समापन
    नई दिल्ली   23-Mar-2015
    • गुवाहाटी रिफाइनरी की अध्यक्षता में कार्यरत नराकास(उपक्रम), द्वारा रिफाइनरी प्रशिक्षण केन्द्री में पूर्वोत्तेर क्षेत्र के सभी नगर राजभाषा समितियों को शामिल करके “राजभाषा हिंदी के डिजिटल प्रचार-प्रसार की चुनौतियां : संभावनाएं और समाधान” पर एक दिवसीय हिंदी संगोष्ठी का हाल ही में आयोजन किया गया ।
  • IndianOil-DBT centre wins Young Technological Innovation Award
    New Delhi   20-Mar-2015
    • A team of research scientists from IndianOil-DBT Centre for Advanced Bioenergy Research bagged the BIRAC-SRISTI Gandhian Young Technological Innovation Award 2015 In a glittering ceremony held at Rashtrapati Bhavan recently.
  • IndianOil contributes towards building Rural Eye Health Centre at Bhubaneswar
    New Delhi   20-Mar-2015
    • IndianOil has approved a CSR contribution of Rs. 2 Crores for construction of Bhubaneswar Campus of L. V. Prasad Eye IndianOil Rural Eye Health Centre Institute, Hyderabad, with a chain of leading Eye Health and Research Hospitals & Institutes across Southern India and Odisha under the brand name ‘LVPEI’, managed by a Trust Hyderabad Eye Institute.
  • Chairman, IndianOil inaugurates Gas Turbine-6
    New Delhi   20-Mar-2015
    • Mr. B. Ashok, Chairman IndianOil, inaugurated the Gas Turbine-6 (GT-6) at Gujarat Refinery in presence of Mr. Sanjiv Singh, Director (Refineries), Mr. S. K. Dhar Gupta, ED, Gujarat Refinery, and members of senior management of Gujarat Refinery.
  • Annual Dealers' Convention conducted at Bathinda DO
    New Delhi   20-Mar-2015
    • Bathinda DO organised Annual Dealers' Convention recently. Mr. P.K. Das, ED, PSO inaugurated the conference in the presence of Mr. Saumitra Pandey, DGM(RS), PSO, Mr. P.K. Hooda, DGM (Ops), Mr. S.S. Pandita, DGM (Engg),
  • Chairman inaugurates Gas Conclave 2015
    New Delhi   18-Mar-2015
    • IndianOil held Gas Conclave – 2015 today at New Delhi where luminaries from global and Indian gas Industry participated to deliberate on the theme “Gas - Towards Green Future”.
  • ED(WRPL) vists Kot Pump Station
    New Delhi   17-Mar-2015
    • Mr. A. K. Tewari, ED (WRPL) during his recent visit to Kot Pump Station inspected the IPS anomaly sites in 18” KSPL mainline under the jurisdiction of Kot Pump Station.
  • IOCians excel at prestigious sports tournaments
    New Delhi   16-Mar-2015
    • Mr. K. Srikanth, Gr. 'A' officer, TAPSO added another feather to his cap by annexing the Swiss Open at Basel by defeating his formidable Danish opponent, Viktor Axelson with a score of 21-15, 12-21, 21-14 in the finals.
  • Chairman releases film on road safety
    New Delhi   14-Mar-2015
    • ‘Ek Raasta Hai Zindagi’, a film on road safety for Tank Truck crew was released by Mr. B. Ashok, Chairman, at Marketing HO, recently in the presence of the members of the core group.
  • NRPL bags National Safety Awards
    New Delhi   14-Mar-2015
    • Northern Region Pipelines has been conferred with Prashansa Patra,under the Manufacturing Sector Safety Award-2014,
  • AFS Nagpur bags National Safety Awards
    New Delhi   14-Mar-2015
    • Aviation Fuel Station, Nagpur bagged the esteemed ‘Prashansa Patra Certification’ from National Safety Council under Micro, Small & Medium Enterprise Sector category recently.
  • IndianOil women's team shines at All India Public Sector Table Tennis tournament
    New Delhi   14-Mar-2015
    • Table Tennis women's team comprising of three players Ms. K. Shamini, Asst. Manager, SRO, Ms. Manika Batra, Grade 'A' Officer, NR and Ms. T. Reeth Rishya , Tenure Based Sportsperson, SRO stood runners' up in team championship of All India Public Sector Table Tennis Team tournament held at Delhi recently.
  • Digboi Refinery bags "Sreshtha Suraksha Puraskar"
    New Delhi   12-Mar-2015
    • India’s oldest operating Refinery , Digboi Refinery received the 2014 "Sreshtha Suraksha Puraskar" under manufacturing sector category for the year 2014 on March 12, 2015 .
  • ED (SRPL), visits SRPL Trichy
    New Delhi   12-Mar-2015
    • Mr. Anbezhil, ED (SRPL), visited SRPL Trichy recently. He was accorded a warm welcome by Mr. K. Santhanam, DGM, Trichy and his team.
  • ED, WRPL visits WRPL Vadinar
    New Delhi   12-Mar-2015
    • Dr. B. D. Yadav, ED, WRPL reviewed the Onshore facilities at Vadinar installation recently. He was accorded a warm floral welcome by the employees of Vadinar Base led by Mr. D. Sriganesh, DGM, WRPL Vadinar and his team.
  • ED, DSO visits Ambala Terminal
    New Delhi   12-Mar-2015
    • Mr. S. S. Mishra, Executive Director, Delhi State Office visited Ambala Terminal recently. He was accompanied by Mr. H. K. Patra, CHRM, DSO.
  • Jammu DO holds Annual Dealers' Convention
    New Delhi   12-Mar-2015
    • Jammu Divisional Office conducted Annual Dealers' Convention for the year 2014-15 recently at Jammu. The Convention titled “Scaling heights through motivation” was based on the theme of teamwork and Innovation.
  • IndianOil achieves 100% RO automation in Rajkot
    New Delhi   11-Mar-2015
    • As the part of nationwide drive of IndianOil under the aegis of Ministry of Petroleum and Natural Gas (MoP&NG), Indian Oil declared Rajkot as fully RO automated city recently.
  • IiPM commences three-day Career Transition Programme
    New Delhi   11-Mar-2015
    • A three-day programme on Career Transition from March 11 to 13, 2015 commenced at IiPM for senior executives in Grade ‘H’ & ‘I’ officers who will be superannuating from the services of the Corporation by November 2015.
  • Devanagonthi Terminal bag National Safety Awards
    New Delhi   05-Mar-2015
    • Devanagonthi Terminal, Bangalore, bagged the coveted first prize in Oil Industry Category for Adopting Best Safe Practices in the Year 2014 on 44th National Safety Day.
  • Team IndianOil excels at National Energy Masters Quiz 2015
    New Delhi   05-Mar-2015
    • Continuing its winning spree, IndianOil team comprising Mr. K. Suresh, Chief Mgr., BD (GAS) and Mr. Deepak Taneja, Sr. Mgr. (CC), Refineries HQ, New Delhi, stood 1st Runners Up in the coveted Energy Masters Quiz 2015
  • SRPL women's team stood runners' up in AIMA quiz
    New Delhi   05-Mar-2015
    • Two women teams from SRPL comprising Ms. Anitha A Nambi, M(IA) and Ms. Vaideshwari Rao P.,SHRO won the first runners up in a National quiz Competition for women, “Pragati – Celebrating achievements of women”,
  • Automation and DU Vendors' meeting organised at Ranchi
    New Delhi   04-Mar-2015
    • Automation and Dispensing Units' (DU) Vendors' Meeting was organised at Ranchi recently where Automation and DU, Pump maintenance co-ordinators of Engineering and retail and officials from Head Office, State Office and Divisional Offices participated.
  • Hissar declared 100% automated city
    New Delhi   03-Mar-2015
    • Mr. S. S. Mishra, ED, DSO inaugurated M/s Ganpati Petro, Hissar in presence of Mr. C. M. Kachroo, GM (RS), DSO, Mr. O. P. Jain, DGM (F), DSO, Mr. Ajay Garg, CDRSM, HDO and other senior officials and dealers.