Page 2 of IOC

Indian Oil, IOC, Q1FY24, quarter results, profit, revenue, income, petroleum products, petrochemicals

IOC Q4FY23 profit jumps 54.8% at Rs 10,289.82 crore, revenue at Rs 2.31 lakh crore

IOC clocked revenue from operations at Rs 2.31 lakh crore, up 10.4 per cent in comparison to Rs 2.09 lakh…

May 16, 2023 14:11 IST

Praj, IOC, Aviation fuel, Agreement, Indian Oil Corporation, Indian Oil Chairman, Praj Industries, Industry

Praj Industries, IOC ink aviation fuel agreement

The IOC board approved the JV and further approvals are expected by the end of the year, Pramod Chaudhari, founder…

April 22, 2023 03:00 IST

IOC Share Price, IOC Stock Price, IOC, Indian Oil Corporation Ltd.,Stock,Price,Indian Oil Corporation Ltd. Quote,IOC News,Misc. Commercial Services,IOC share price,Indian Oil Corporation Ltd. share prices,chart,graph,volumes,52-week high low,bid price,bid quantity,offer price,offer quantity,intraday, NSE/BSE Forecast News and Live Quotes, IOC Forecast, IOC Earning Analyst, IOC Recommendation, IOC Analysts Ratings, IOC Valuation , IOC Estimates

IOC market share climbs to 43%, posts ‘stellar’ performance in FY23

The company owns about a third of India’s oil refining capacity and about half of the nation’s fuel retailing infrastructure.

April 3, 2023 19:44 IST

IOC, Rosneft, IOC Rosneft deal, oil imports, Ukraine war

IOC signs deal with Russia’s Rosneft to raise oil imports

Rosneft said the deal was signed during the visit of company’s chief executive Igor Sechin to India.

March 29, 2023 21:54 IST

IOC selects Reliance Jio’s managed network services for its petrol pumps

JioBusiness, the enterprise arm of Reliance Jio Infocomm Ltd will be deploying and managing SD-WAN (Software Defined Wide Area Network)…

Updated: December 22, 2022 16:03 IST

IOC-CPCL joint venture, ICICI Prudential Life Insurance, HDFC Life Insurance, SBI Life Insurance

Banks, insurers to hold 50% in IOC-CPCL JV unit

The joint venture is being set up to implement a 9 million tonne a year refinery at Nagapattinam, Tamil Nadu,…

November 25, 2022 05:00 IST

IOC, HPCL, BPCL loss at Rs 2,749 crore in Q2; total loss in H1 reaches Rs 21,201 crore

According to stock exchange filings by the three fuel retailers, the losses were due to erosion in the marketing margin…

Updated: November 8, 2022 14:05 IST

IOC to transport fuel to Tripura via Bangladesh

The fuel-carrying tankers from Guwahati in Assam will go to Dwaki in Meghalaya, where they will enter Bangladesh.

August 9, 2022 15:50 IST

NTPC, IOC ink pact to set up joint venture

State-run NTPC and Indian Oil (IOC) on Monday signed an agreement to set up a 50:50 joint venture (JV) company…

July 19, 2022 09:40 IST

While both IOC and HPCL declined to comment on the matter, a source aware of the development said, “Indian oil companies have never had term contract with Russia for imports of crude. Whatever quantity is procured from Russia is from the spot market. However, new avenues for term can always be looked at.”

IOC, HPCL also exploring deal for Russian crude

On Wednesday, a source confirmed BPCL’s plan to enter into a term contract with Russia, not on government’s direction, but…

June 24, 2022 01:01 IST

IOC, L&T, ReNew join hands for green hydrogen business

Indian Oil Corporation (IOC) and L&T have additionally signed a pact to form a joint venture with equity participation to…

April 4, 2022 11:55 IST

“This implies that the costs for the state-owned refining and marketing companies are currently higher by around $29/bbl without any corresponding increase in revenue. Based on current market prices, the oil marketing companies are currently incurring a revenue loss of around $25/bbl and $24/ bbl on sale of petrol and diesel, respectively,” Moody’s said.

‘OMCs may continue to make losses’; IOC, BPCL, HPCL lost $2.25 billion due to fuel price freeze: Moody’s

Auto fuel prices in India have remained unchanged since November 4, 2021, despite crude oil prices averaging around $111/barrel (bbl)…

March 25, 2022 02:15 IST

IOC sets up shared service centre with IBM

“IndianOil Shared Service Centre Vendor Invoice Management is a sizable digital initiative which synergizes invoice processing from a centralized office…

March 22, 2022 18:49 IST

After IOC, HPCL buys 2 mn bbl Russian crude, MRPL seeks 1 mn bbl

Western sanctions on Russia over its invasion of Ukraine has prompted many companies and countries to shun its oil.

March 17, 2022 17:58 IST

Indian Oil buys Russian crude at deep discount

The purchase, made through a trader, is the first since Russia’s February 24 invasion of Ukraine that brought international pressure…

March 16, 2022 19:56 IST

Our automation strategies have got a boost in last one year: Shrikant Madhav Vaidya, chairman, Indian Oil Corp

Pushing renewables and alternative fuel options are thus key to our agenda. Our R&D establishment has been exploring solutions for…

April 3, 2021 04:00 IST

U.S. stocks, S&P 500 companies, Wall Street, U.S. economic recovery, COVID-19, us stimulus

BPCL, HPCL shares rating: Jefferies initiate with ‘buy’ call; one of the stocks may double the price

Equity research firm Jefferies has initiated coverage on India’s oil marketing companies (OMCs), with a ‘buy’ recommendation on two state-run…

September 25, 2020 12:07 IST

Buying opportunity for investors as Sensex, Nifty off 34% from record highs; 3 stocks set to rise up to 26%

Sensex and Nifty are 34 per cent off from their lifetime highs which can be seen as a buying opportunity…

Updated: April 20, 2020 15:34 IST

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