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LPG Price cut: Commercial cylinder gets cheaper, domestic cooking gas rate steady; check LPG prices today

The price of a commercial LPG cylinder was reduced on Thursday, 1 September, as globally oil prices continued to slide…

September 1, 2022 10:31 IST

IOC plans to invest over Rs 2 trillion to reach net-zero goal by 2046

IOC is the largest refiner of the country with a capacity of 70 million tonne per annum (mtpa).

August 26, 2022 01:35 IST

PM to inaugurate IOC ethanol plant near Panipat tomorrow

India’s National Biofuel Policy, 2018, had envisaged 20% ethanol blending in petrol target by 2030; but the government has advanced…

August 9, 2022 04:40 IST

IOC targets green hydrogen meeting 10% of requirements by 2030

Hydrogen is the cleanest known energy source but it barely exists in a pure form on Earth. It either is…

August 2, 2022 17:17 IST

After 2 years in the green, Indian Oil reports loss of Rs 1,992 crore in Q1 FY2023

The last time IOCL had reported a loss was in Q4 of FY2020 (January-March 2020) on the back of inventory…

July 30, 2022 15:14 IST

IOC posts Rs 1,993-crore loss on fuel price freeze

The company reported Rs 5,914 crore net profit in the same quarter last fiscal.

July 30, 2022 04:45 IST

Weak rupee to worsen OMCs’ under-recoveries

The elevated crude prices, which after softening by over 15-20% in last three weeks on recessionary fears, to below the…

July 20, 2022 05:20 IST

Hindalco partners Israel’s Phinergy, IOP to develop aluminium-air batteries for EVs in India

Aluminium-air batteries are expected to make EV adoption more convenient, and accelerate the transition to green mobility.

Updated: July 18, 2022 16:15 IST

“We also note that the companies are likely to face marketing inventory losses owing to excise duty cut in May. We expect one OMC to report ~68% q-o-q decline in earnings while the other two OMCs are expected to report losses,” it added.

Oil marketing companies’ Q1 margins to take a hit: ICICI Direct

In a report released Thursday, ICICI Direct said Hindustan Petroleum Corporation (HPCL) may report a Rs 3,721-crore loss and Bharat…

July 15, 2022 06:10 IST

Phinergy, Indian Oil JV to pilot 50-seater e-bus with 500km range using Aluminium-air batteries

The JV between IOCL and Phinergy has manufactured 100 small aluminium plates that will power a 50-seater bus for about…

Updated: July 15, 2022 10:32 IST

Coal India inducts director for business development

According to sources, Nanda will likely look into new business verticals, which the PSU miner is entering into. CIL has…

July 13, 2022 08:25 IST

OMCs to post combined loss of Rs 10,700 crore in Q1 due to retail losses: ICICI Securities

Prospects for the next nine months for RIL of course stand impacted by the estimated US$8/bbl hit from the higher…

July 12, 2022 00:10 IST

IOC, BPCL, HPCL may post Rs 10,700 crore loss in Q1, says report

ICICI Securities said the companies are losing Rs 12-14 per litre on petrol and diesel, completely offsetting the strong refining…

July 11, 2022 17:06 IST

IOC to invest Rs 740 crore to raise Digboi refinery capacity

Digboi refinery was commissioned on December 11, 1901, and is India’s oldest operating refinery and one of the oldest operating…

June 30, 2022 14:48 IST

stocks to watch, stocks in focus, stocks in news, reliance ril

Reliance, Infosys, LIC, Biocon, Indian Oil, GR Infraprojects stocks in focus on monthly F&O expiry

Indian equity markets are likely to extend losses on Thursday as SGX Nifty signalled at a gap-down open for benchmark…

Updated: June 30, 2022 08:24 IST

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Petrol and Diesel Price Today, 29 June 2022: Check fuel rates in Delhi, Mumbai, Noida, Gurugram, other cities

Petrol and Diesel Price Today in India: Petrol and Diesel Rate on 29 June 2022 were again left unchanged, keeping…

June 29, 2022 08:36 IST

“The difference of selling price of transport fuels between the public and private pumps has narrowed down to just `1.5-2 per litre,” the official said.

Curtailed sales: Almost all fuel outlets operational, says govt

As on March 2022, there were 82,176 retail fuel outlets in the country of which 73,838 belonged to the public…

June 24, 2022 06:15 IST

Indian Oil Corporation rating – Buy: Final quarter results missed estimates

Final quarter results missed estimates, Marketing losses likely to widen in Q1FY23, though higher GRM could partially offset impact; ‘Buy’…

May 23, 2022 03:15 IST

Page 11 of Indian Oil Corporation

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