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  • indian oil to invest rs 8 000 cr in koyali refinery

    Indian Oil to invest Rs 8,000 cr in Koyali refinery

    August 21, 2013 16:59 IST

    New Delhi: State-owned Indian Oil Corp (IOC) will invest about Rs 8,000 crore to expand capacity at its Koyali oil refinery in Gujarat to 18 million tonnes per annum by 2016-17.The expansion from 13.7 million

  • indian oil s q1 loss narrows to rs 3 093.23 crore

    Indian Oil's Q1 loss narrows to Rs 3,093.23 crore

    August 13, 2013 16:51 IST

    New Delhi: State-owned Indian Oil Corp on Tuesday reported a net loss of Rs 3,093.23 crore in the June quarter.The loss narrowed from Rs 22,450.95 crore in the same period a year ago, the company

  • indian oil corp raises 500 million in bond issue

    Indian Oil Corp raises $500 million in bond issue

    July 29, 2013 16:14 IST

    New Delhi, July 29: State-owned Indian Oil Corp (IOC) on Monday said it has raised $500 million by selling 10-year dollar-denominated bonds, its fourth such issue overseas in three and a half years.The company priced

  • bjp mp writes to centre over fire mishaps at ioc refinery

    BJP MP writes to Centre over fire mishaps at IOC refinery

    India | July 27, 2013 17:52 IST

    Vadodara, Jul 27: Local BJP Member of Parliament Balkrishna Shukla has written to the Centre seeking an inquiry into frequent fire mishaps at the Indian Oil Corp (IOC)-owned Gujarat Refinery here, the latest being last

  • vietnam says india has right to explore oil in eez in south

    Vietnam says, India has right to explore oil in EEZ in South China

    World | July 11, 2013 19:02 IST

    New Delhi, Jul 11: Notwithstanding China's objections to Indian oil exploration projects, Vietnam today asserted India has the right to pursue “exploration and exploitation work” in South China Sea as they were within Vietnamese “exclusive

  • diesel price to go up by 90 paise per litre

    Diesel price to go up by 90 paise per litre

    India | May 10, 2013 22:55 IST

    New Delhi, May 10: Diesel price will increase by 90 paise per litre plus taxes from Friday-Saturday midnight, the country's largest oil marketing firm Indian Oil Corporation said Friday.The company has decided to hike the

  • indian oil crude theft gang mastermind held in gujarat

    Indian Oil crude theft gang mastermind held in Gujarat

    India | May 10, 2013 7:39 IST

    Ahmedabad, May 10: Ahmedabad Police crime branch sleuths have arrested Ramesh Birbal Yadav, the alleged mastermind of a gang of thieves which used to steal crude oil from Indian Oil pipelines by  drilling holes in

  • major fire at indian oil s hazira terminal

    Major fire at Indian Oil's Hazira terminal

    India | January 05, 2013 20:40 IST

    Mumbai/New Delhi, Jan 5: A major fire broke out Saturday at a petrol storage tank in Hazira terminal of the Indian Oil Corporation (IOC) in Gujarat, company officials said.Local authorities rushed fire brigades from Surat

  • indian oil corp retains top rank in fortune 500 india list

    Indian Oil Corp retains top rank in Fortune 500 India list

    December 16, 2012 13:33 IST

    Mumbai, Dec 16: State-run Indian Oil Corp is the biggest company in terms of revenue, followed by Reliance Industries, according to the Fortune 500 list of Indian companies for 2012.This year's list of the country's

  • indian oil blocks 10.2 lakh domestic lpg connections

    Indian Oil blocks 10.2 lakh domestic LPG connections

    World | November 10, 2012 8:57 IST

    New Delhi, Nov 10 :India's largest oil company Indian Oil has blocked 10.2 lakh domestic LPG connections  in its drive to eliminate multiple connections at the same address. "We have blocked LPG supply to 10.20

  • port trust didn t send boats indian oil refused to give

    Port Trust didn't send boats, Indian Oil refused to give diesel hours before Pratibha Cauvery sank

    India | November 04, 2012 9:27 IST

    Chennai, Nov 4 :  Nature's fury and panic among the crew that the Pratibha Cauvery was likely to capsize led the captain to abandon the oil tanker as cyclone Nilam hit the Tamil Nadu coast

  • hockey indian oil air india enter final

    Hockey: Indian Oil, Air India enter final

    Hockey | September 15, 2012 22:00 IST

    Chennai, Sep 15: Indian Oil Corporation (IOC) and Air India entered the final of the 87th All-India MCC Murugappa Gold Cup hockey tournament with hard fought victories here Saturday.Joga Singh's 53rd minute goal carried Air

  • india china in confrontation mode china puts indian oil

    India, China in confrontation mode, China puts Indian oil block up for auction

    World | July 17, 2012 8:49 IST

    New Delhi, July 17 : China has triggered a fresh confrontation with India by putting  an Indian oil block off the Vietnam shores for global bidding. An Indian Express report said, the  block numbered 128,

  • oil companies reduce jet fuel price by 2

    Oil companies reduce jet fuel price by 2%

    June 01, 2012 13:02 IST

    New Delhi, June 1: State-owned oil companies on Thursday cut jet fuel price by two per cent, the fourth straight reduction in rates since April.The price of aviation turbine fuel (ATF), or jet fuel, in

  • oil firms warn of disruptions in fuel supply

    Oil Firms Warn Of Disruptions In Fuel Supply

    April 02, 2012 14:32 IST

    New Delhi, Apr 2: State-owned oil companies today warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur

  • indian oil refiners want exemption from withholding tax for

    Indian Oil Refiners Want Exemption From Withholding Tax For Rupee Payments To Iran

    February 10, 2012 14:52 IST

    New Delhi, Feb 10 :  Indian oil refiners want exemption from payment of withholding tax to start using a newly agreed mechanism of paying in rupee for the crude oil they buy from the Persian

  • 8 indian cos among fortune 500

    8 Indian Cos Among Fortune-500

    July 11, 2011 18:52 IST

    New York, Jul 11: Eight Indian companies have made the cut in the list of world's 500 largest companies compiled by Fortune magazine, with Indian Oil finding a place in the top 100 and Reliance

  • indian oil wins obaidullah gold cup hockey

    Indian Oil Wins Obaidullah Gold Cup Hockey

    Hockey | June 01, 2011 16:06 IST

    Bhopal, June 1: Indian Oil Corporation (IOC) won its maiden title in the 65th All-India Obaidullah Gold Cup Hockey Tournament being played at the Aishbagh Stadium here by defeating BPCL 3-2 in a closely contested

  • petrol price hike again next month

    Petrol Price Hike Again Next Month

    India | May 31, 2011 10:19 IST

    New Delhi, May 30: State-owned Indian Oil Corp,  the nation's largest fuel retailer, today said it may hike petrol price next month as the steep hike of Rs 5 per litre of May 15 was

  • fuel price hike unlikely till may

    Fuel Price Hike Unlikely Till May

    India | March 09, 2011 20:12 IST

    New Delhi, Mar 9: State-owned fuel retailers may not hike petrol and diesel prices till Assembly elections in five states are completed in May, even though their losses on auto fuel sales continue to mount.