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Tuesday, November 30, 2021

Indian Oil Corporation


Explained: IOC's new battery JV, and why Maruti and Ashok Leyland have signed up for it

March 24, 2021 9:03 am

Why is Indian Oil's joint venture with Phinergy to develop aluminium-air batteries an important development for India's EV space, and how could metal-air technology give electric vehicle adoption a boost?

IOC, Phinergy launch JV to develop fuel cells

March 18, 2021 4:22 am

IOC Phinergy Private Limited will develop fuel cells using aluminium air technology and indigenous hydrogen storage solutions.

Indian Oil-tanker fire update: One crewman presumed dead as blaze continues to rage

September 04, 2020 11:58 am

There were 5 Greek and 18 Philippine nationals among the crew. One of them was injured and he was airlifted out of the ship and the rest were accounted for.

Indian Oil-tanker fire update: 1 missing, 1 injured out of 23 crew

September 03, 2020 7:11 pm

The tanker known as New Diamond, a very large crude carrier (VLCC) was chartered by the Indian Oil Corporation (IOC) and was headed towards the Paradip Port in Odisha, where the state-run oil company operates a three lakh barrel-per-day refinery.

IOC's Q1 net profit falls 47% to Rs 1,910.84 crore

July 31, 2020 3:21 pm

With a good part of the quarter being spent under lockdown where the vehicular movement was sparse, IOC fuel sales fell 29 per cent to 15.25 million tonnes.

Non-subsidised LPG cylinders get dearer by up to Rs 37; here's how much it will cost you now

June 01, 2020 1:42 pm

LPG Cylinder Price Today: This is the first hike in non-subsidised LPG prices by the oil marketing companies (OMCs) after three consecutive months of price cuts.

Non-subsidised LPG cylinder prices reduced sharply; here’s how much it will cost in your city

May 01, 2020 1:35 pm

LPG Cylinder Price in India: This is the third consecutive rate cut in the non-subsidised LPG prices. Generally, prices of LPG cylinders are revised on a monthly basis by the OMCs.

Check fuel prices in your city: Petrol prices at over 8-month low

March 11, 2020 2:33 pm

The price of petrol in the national capital was at Rs 70.29 per litre, unchanged from Tuesday, according to the data by Indian Oil Corporation (IOC).

IOC to decide on bidding for BPCL after govt lays out rules: Chairman

January 16, 2020 5:06 pm

The Cabinet Committee on Economic Affairs had on November 21, 2019, decided to sell government's entire 53.29 per cent stake in country's second-largest state refiner BPCL, but a tender for sale hasn't yet been issued.

IOC Q2 net profit falls 83% to Rs 563 crore

November 01, 2019 4:21 am

The largest state-owned oil refining and marketing company in India attributed the fall in profit to inventory losses, stemming from fall in global oil prices.


Major disaster averted as fire onboard oil tanker off Sri Lanka is brought under control

September 05, 2020 2:49 pm

The tanker was transporting crude oil from the port of Mina Al Ahmadi in Kuwait to the Indian port of Paradip, where the state-owned Indian Oil Corp. has a refinery.