Journalism of Courage
Indian Oil Corporation
INDIAN OIL CORPORATION NEWS
US sanctions on Russian oil majors: Indian Oil says will abide by all sanctions imposed by international community
October 28, 2025 6:16 am
The threat of secondary sanctions from the US is the reason why countries like India, while politically opposed unilateral economic sanctions, usually steer clear of countries and other entities sanctioned by Washington.
Top 10 most valuable global energy brands in 2025: see which Indian firm ranks 10th strongest; 3 in top 100
October 08, 2025 12:50 pm
Top 10 most valuable global energy brands in 2025 list: India accounts for 3.5 per cent of the total global brand value of oil and gas companies as per BrandFinance's Energy 100 for 2025. Notably, Reliance and Hindustan Petroleum are among the companies that figure on the list of the most valuable energy brands.
Indian Oil to supply sustainable aviation fuel to Air India; MoU inked to set the ball rolling
August 19, 2025 6:55 pm
By the end of this calendar year, IOC will have the capacity to produce 35,000 tonnes per year of SAF from used cooking oil, which will be sourced from large hotel chains, restaurants, and sweets and snacks majors like Haldiram’s, which usually discard cooking oil after single use.
‘More than happy to buy more US gas; can buy Russian oil via clean channel’: IOC Chairman Arvinder Singh Sahney
February 16, 2025 5:51 pm
In an interview with Sukalp Sharma, Arvinder Singh Sahney delves into IOC’s and India’s oil and gas trade, energy supply security, fuel prices, energy transition and evolution path, and more.
IOC Q2 trips on inventory losses, ops performance robust
October 29, 2024 7:26 pm
Indian Oil Corporation earned only USD 1.59 on turning every barrel of crude oil into fuel in the second quarter compared to a gross refining margin of USD 18.11 per barrel a year back.
Q3 Results: IOC, DLF, Bajaj Auto, TVS Motor report rise in net profits
January 24, 2024 7:55 pm
Q3 Results: Most companies managed their performance either in-line with Dalal Street's expectations or beat analysts' estimates.
IOC Q2 net profit jumps to Rs 12,967 cr; half yr profit tops best-ever full-year earning
October 31, 2023 3:41 pm
State-owned Indian Oil Corporation (IOC) on Tuesday reported a return to profitability with a net profit of 12,967.32 crore in the three months to September 30 - more than half of its best-ever annual profit in just one quarter.
Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
October 30, 2023 3:19 pm
The licence originally issued in 2003 was to expire in January 2024. This will allow Lanka IOC to continue its retail operations on the debt-trapped island nation until January 22, 2044.
Oil minister Puri launches IOC’s trial of green hydrogen-powered fuel cell buses
September 26, 2023 8:16 am
Initially, the two buses will ply without passengers, given that the standards for using the highly flammable hydrogen as an automotive fuel are still a work in progress.
BPCL reports net profit at Rs 10,644 crore in April-June quarter
July 26, 2023 4:14 pm
The consolidated net profit of Rs 10,644.30 crore in April-June (first quarter of current 2023-24 fiscal year) compared to a net loss of Rs 6,147.94 crore in the same period last year, according to a company's filing with the stock exchanges.
INDIAN OIL CORPORATION PHOTOS
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.
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