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Protection for consumers comes at a cost. Oil companies can’t keep absorbing losses

May 12, 2026 5:52 am

If the conflict persists, difficult decisions may become unavoidable, with every stakeholder required to bear a part of the burden until the crisis passes: The GoI through duty reductions, state governments through rationalisation of VAT on fuels, and consumers through higher prices at the pump

LPG booking app overtakes ChatGPT to top Google Play Store, App Store download charts in India

March 16, 2026 6:30 pm

IndianOil One is a free-to-download app that can be used to book LPG cylinders, track cylinder deliveries, get a new LPG connection, and more.

IOC executive dies after falling off balcony of Noida flat on 17th floor

Indian Oil Corporation executive dies by suicide after falling off balcony of Noida flat on 17th floor: Police

January 05, 2026 6:04 am

According to the police, Ajay Garg (55), who worked as an executive director with the IOC, died after falling off the balcony of his flat at ATS One Hamlet Society in Noida’s Sector 104 around 10: 15 am on Saturday.

The missing 20 per cent: Why India needs transparency in blended petrol pricing

December 27, 2025 12:00 pm

Making the price build-up of blended petrol public, including the ethanol share, its procurement cost, and its tax treatment, would enhance accountability, improve fiscal coordination between the Centre and states, and give consumers a clear picture of what they are paying for

Top 10 oil companies in the world 2025: Only 1 Indian company among top 50; here's the full list

August 20, 2025 3:41 pm

Top 10 biggest oil and gas companies by market cap 2025: Saudi Aramco is valued at a staggering $1.55 trillion, making it the largest oil and gas company on the planet by market capitalisation.

In October 2022, the government had approved a one-time grant of Rs 22,000 crore for OMCs to partially cover their accumulated losses of around Rs 28,000 crore at the time from selling LPG at a loss in consumer interest

FinMin may soon finalise compensation package for oil marketing companies’ losses on LPG sales

July 10, 2025 1:21 pm

It is estimated that the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation incurred a cumulative loss of over Rs 41,000 crore

Commuters queue up to fill petrol in Srinagar

Operation Sindoor: Ample petrol, diesel, LPG stocks available across the county, avoid panic buying of fuel, say India’s oil companies

May 09, 2025 4:51 pm

Indian Oil Company on Operation Sindoor: Tensions between India and Pakistan have soared after New Delhi struck nine locations in Pakistan and Pakistan-occupied Kashmir on Wednesday.

India Russia oil imports, Indian Oil Chairman

Term deal for Russian oil off the table for now; US crude purchases to depend on commercial viability, says Indian Oil chairman Sahney

May 01, 2025 4:01 am

Indian Oil Chairman Arvinder Singh Sahney said that all purchase decisions would be purely on commercial basis, and there was no “mandate” for the company to buy more oil from any country

Top 10 largest companies in India 2024: Check where does Reliance rank globally

October 14, 2024 12:59 pm

Top 10 largest companies in India 2024: India currently boasts 71 companies on Forbes' Global 2000, up from 55 the previous year, ranking among the top five most represented countries.