Weaker benchmark GRM (gross refining margin) and lower marketing margins are likely to take a toll on Indian Oil Corporation’s (IOCL) March quarter results, which is scheduled to be released today. Edelweiss Securities estimates the company’s loss at Rs 1,609.4 crore for the quarter under review.
State-owned Indian Oil Corporation (IOC) is in talks with battery makers to license its new technology, which boosts lead-acid battery life by 30% and cuts charging time by 40%, or jointly manufacture storage devices.
Supply of ultra-clean Euro-VI grade petrol and diesel has begun in cities adjoining the national capital from Monday, Indian Oil Corporation (IOC) said.
Chart Industries, Inc. and Indian Oil Corporation Limited (IOCL) have signed a memorandum of understanding (MOU), aimed at promoting the development of the LNG market in India.
The three public-sector oil marketing companies — Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL) and Bharat Petroleum Corporation (BPCL) — have approached the petroleum ministry to seek exemption from the election commission for going ahead with the allotment of at least 31,800 petrol pumps,
It’s an explosion waiting to happen. Several automobile LPG-filling stations in Pattabiram and other western suburbs also refill commercial cooking gas cyclinders in violation of all safety norms.
Indian Oil Corporation (IndianOil) is examining upstream opportunities in Russia despite the western sanctions imposed on the country, IndianOil Chairman Sanjiv Singh told Sputnik on the sidelines of the CERAWeek conference in Houston, Texas.
Indian Oil Corporation’s (IOC) 9MFY19 standalone and consolidated EPS are down 33%-34% year-on-year hit by y-o-y lower GRM, decline in other income and rise in interest cost.
Hindustan Oil Exploration Corporation (HOEC) said on Monday that it has been awarded the contract of exploring Umatara field in Assam in consortium with Indian Oil Corporation Limited (IOC).
The government on Friday issued letters of intent to 12 companies which bagged 50 Geographical Areas (GAs) that were on offer under the tenth round of city gas distribution (CGD) bidding.