IndianOil in Media

  • Oil & gas: OMCs set to start FY21 with a bang in 1st quarter
    Millennium Post, Delhi, July 10, 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 resumes work on projects worth Rs 1.04-lakh crore
    Millennium Post, Delhi, July 09, 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.

  • IndianOil lays out Rs 26,143 cr capex plan for FY21
    Hindustan Times, Delhi, July 09, 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.

  • Govt prods PSUs to step up capex to revive eco growth
    Times of India, Delhi, July 08, 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, others executing projects worth Rs 3.57L crore
    Millennium Post, Delhi, July 07, 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.

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The above are daily gleanings from the media for information purposes only and do not purport to be the views, comments and/or observations of IndianOil or its spokespersons.

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