Indian Oil Corporation

Indian Oil, Oil India may buy 20 per cent in Rosneft asset

Indian Oil Corporation (IOC) and Oil India (OIL) move comes after another Indian explorer ONGC Videsh, in September, announced buying 15% stake in Vankorneft from the Russian firm for $1.25 billion.

Indian oil

IndianOil widens crude oil spot buying platform

In a significant policy shift, Indian Oil Corporation (IOC) has decided to buy crude oil from Indian traders in the spot market overseas in addition to foreign entities.

indian oil

Indian Oil preferred pick on valuation: Nomura

After very strong 4QFY15 and 1QFY16, we expected 2Q to be a difficult quarter for the oil marketing companies (OMCs).

Indian Oil Corporation

Eyeing cost savings, Indian Oil to double pipeline network

Indian Oil Corporation (IOC) is targeting to more than double its pipeline network in the country by 2021-22 at a cost of about Rs 32,000 crore...

Indian oil

IOC reports net loss of Rs 329 cr in Q2

Losses on inventory and forex front drag down gross refining margins of the state-run oil major

indian oil

Indian Oil Corp – Delonex win oil block in Mozambique

State-owned Indian Oil Corp (IOC) has partnered Delonex Energy, a new Africa-focused oil and gas explorer led by former Cairn India chief Rahul Dhir, to win its maiden oil block in Mozambique.

Crude oil prices

5 kg subsidized LPG cylinders to be sold in rural India by IOC

Indian Oil Corporation (IOC) plans to sell subsidized 5 kg LPG cylinders in rural India in an effort to increase usage of clean fuel for cooking, company's chairman B. Ashok said today.

Fe Exclusive: Common-carrier move unfair, says Indian Oil

Proposal will benefit private players like Reliance Industries, Essar

oil price

Indian Oil keen to set up 6-mtpa greenfield refinery in Sri Lanka

Though IOC’s proposal has been there for a while, New Delhi now feels its relationship with the new government in Colombo could be reinforced with ‘extended economic ties’

Indian oil

Indian Oil to invest Rs 1.75 trillion in 7 years; eyes 100 mt tonnes refining output

State-run Indian Oil will more than treble its capex to Rs 1.75 trillion over the next seven years against what it spent in the past five years, with a view to expand refining output by 54 per cent to around 100 mt tonnes, in

Indian Oil Corporation

LIC buys 86 pct of Indian Oil shares on offer

LIC, India's biggest investor, has in the past dug into its pockets to prop up government sales, buying up state banks and government mining firms.


Indian Oil Corporation shares gain on MoU worth Rs 275 cr with NOC

At 9.50 am, IOC was trading 1.19 per cent higher at Rs 399.45. It opened at Rs 394 and had touched a high and low of Rs 400.85 and 387.35, in trade so far.

Indian Oil Corporation

Govt sets IOC floor price at Rs 387/share

The government on Saturday set the floor price of IOC stake sale at Rs 387 per share — 1.9% below Friday’s closing price of Rs 394.45.

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Monday’s 10% stake sale in IOC to net Rs 9,600 crore

After the carrying out a 5% stake sale each in three small PSUs so far in FY16, including in Dredging Corporation on Friday, the government accelerated the disinvestment process further by announcing a 10% stake sale in India

Indian Oil

Govt to sell 10% stake in Indian Oil corporation on Monday

The government will on Monday sell 10 per cent stake in Indian Oil corporation (IOC), the nation's biggest oil firm, through an offer for sale (OFS) that can fetch about Rs 9,500 crore to the exchequer.

Indian Oil

Reliance Industries again loses most profitable tag, this time to Indian Oil Corporation

Indian Oil Corporation's refining margins soared to a seven-year high during the reporting quarter.

Reliance Industries

IOC’s Q1 profit doubles on higher refining margin

Indian Oil Corp, the nation's biggest oil firm, today reported more than doubling of its June quarter net profit to Rs 6,436 crore on higher refining margin.

Indian Oil

Russia energy ties: India hits the gas

At least three Indian companies, including state-owned Indian Oil Corporation and ONGC Videsh, are in discussions for significant hydrocarbon deals to Russia.

india russia ties

Stocks that are in focus today: Tata Motors, United Breweries, Infosys, Hindalco Industries

BSE Sensex cracked the 28,000-mark by tumbling 292 points in early trade today on across-the-board selling by participants, tracking more heavy losses in Shanghai and on fears about Greece's future in the Eurozone.

Stocks in focus today - brexit worries

Indian Oil Corporation betting on gas to fuel its future growth

Indian Oil Corporation, India’s largest oil refiner, is unsure how far petroleum products will drive its future.

ioc, ioc project, ioc expansion project, ioc investment, ioc expansion project investment, indian oil corporation

Petrol price hiked by Rs 3.13 a litre, diesel Rs 2.71 per litre, effective midnight

Petrol price was hiked by Rs 3.13 a litre and diesel by Rs 2.71 per litre, the second straight steep increase in rates this month.

Petrol prices hike

Govt may sell 10% IOC stake by early July on improving market sentiments

A 10% stake sale in IOC could fetch R8,800 crore at the current market prices.

Petrochemicals, gas would be new growth drivers: A K Sharma

India’s largest government-owned refiner Indian Oil Corporation Ltd (IOC) saw its losses widening to Rs 3,285 crore during October-December 2015 from Rs 961.5 crore.

Massive inventory losses hit oil companies in Q3

Having stocked up considerable inventories of refined products over the last 15-20 days, and given the nearly...

oil prices

Narendra Modi govt lines up stake sale in IOC, four other PSUs as ONGC deal unlikely

Centre eyeing Rs 18,000 crore from stake sale in five PSUs in absence of ONGC.

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India considers laying LPG pipeline to Nepal

After oil, India is now studying feasibility of laying a LPG and gas pipeline to Nepal for supply of cooking fuel to the Himalayan nation...

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Oil firms face Rs 10,000 crore inventory loss, depreciating rupee

Indian Oil Corp (IOC) and other state-run fuel retailers have piled up inventory loss of over Rs 10,000 crore...

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