Construction work for Ennore LNG terminal begins: IOC

Last Updated: Monday, August 10, 2015, 19:49

The company had inked a memorandum of understanding with the Tamil Nadu government for the project.

Crude oil rates likely to remain in current range: IOC chief

Last Updated: Monday, August 10, 2015, 19:24

"Looking at the current trend and global developments, we certainly believe that the crude prices are likely to remain in the current range," he told reporters here.

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

Finance Ministry to give Rs 1,300 cr kerosene subsidy

Last Updated: Monday, August 3, 2015, 13:50

Of this, Rs 878.84 crore will be paid to Indian Oil Corporation (IOC), Rs 203.33 crore to Bharat Petroleum Corporation (BPCL) and Rs 218.25 crore to Hindustan Petroleum Corporation (HPCL).

IOC to invest Rs 1,000 cr to raise stake in CPCL

Last Updated: Monday, July 20, 2015, 22:06

State-owned Indian Oil Corp will invest Rs 1,000 crore for raising stake in Chennai Petroleum Corporation Ltd by subscribing to preferential issue.

IOC bags 'leading oil & gas corporate' award

Last Updated: Wednesday, July 15, 2015, 17:14

It also bagged the Oil & Gas Marketing Company of the Year and the Human Resources Management Company of the Year awards which were presented by Petroleum Minister Dharmendra Pradhan here today.

IOC commissions oil jetty at Paradip refinery

Last Updated: Friday, July 10, 2015, 17:29

The South Oil Jetty, which will be used to import and export of oil at high sea, was dedicated to the nation by Shipping and Road Transport Minister Nitin Gadkari at Paradip, a company press release said here.

IOC-Adani combine bid for CNG licence in 5 cities

Last Updated: Tuesday, July 7, 2015, 16:15

Indian Oil Corp-Adani Gas combine has bid for a licence to retail CNG in five cities including Haridwar in the 5th round of city gas bidding that saw no bids for as many as eight cities.

MHI bags IOC contract for two LNG storage tanks at Ennore

Last Updated: Monday, July 6, 2015, 15:56

"The LNG tanks will be the main facility at the first LNG receiving terminal to be constructed on India's east coast," MHI said in a statement.

Stable stocks to give divestment programme a big lift

Last Updated: Sunday, June 28, 2015, 13:06

The Cabinet approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC.

Haryana approves IOC project at Faridabad

Last Updated: Wednesday, June 24, 2015, 18:40

The Haryana government has approved the proposal of Indian Oil Corporation Limited (IOCL) for setting up research and development project at Faridabad.

IOC's Lotus Xangpo petrol pump world's highest altitude outlet

Last Updated: Tuesday, June 16, 2015, 18:46

Besides cutting greenhouse gas emission, "the solar power generation system enables the retail outlet to save about Rs 30,000 per month," it said, adding that the investment in putting up the solar system is recoverable in about 18 months.