ONGC is currently trading at Rs. 126.85, up by 0.90 points or 0.71% from its previous closing of Rs. 125.95 on the BSE. The scrip opened at Rs. 126.50 and has touched a high and low of Rs. 127.00 and Rs. 125.50 respectively. So far 76056 shares were traded on the counter.
Saudi Aramco’s trading arm bought 70,000 tonnes of naphtha from Indian Oil Corp (IOC.NS) on Friday at premiums not seen since 2013 as it seeks to plug a supply gap following Sept. 14 attacks on its facilities, trade sources said on Monday.
After Reliance Industries, state-owned Indian Oil Corp (IOC) has built a road using single-use waste plastic as the industry demonstrated recycling opportunities to keep plastic in use whose alternative in paper or metal have much higher energy and water footprint.
The central government has prepared a plan to bring down its stake in some large central public sector enterprises (CPSEs) to below 51% in FY20 in order to raise funds to make up for tepid revenue growth. On the disinvestment radar this fiscal are public sector units (PSUs)
The Indian Oil Corporation (IOC) has come together with the National Thermal Power Corporation (NTPC) to establish electric vehicle charging stations in Greater Noida.
India’s state-owned refiners are still betting on expansion of refining capacity, though the focus now is also on upgrading refineries to include petrochemicals along with refining.
IOC plans giving a big boost to the compressed biogas business by procuring biogas from across India and selling it at its retail outlets, as part of India’s strategy to reduce dependence on imported fuel and double farm income by 2022.
Indian Oil in collaboration with National Thermal Power Corporation (NTPC) has set up Greater Noida’s first electric vehicle charging station and in order to attract customers, Indian Oil is providing free charging for the time being.
Indian Oil, Bharat Petroleum and Hindustan Petroleum will soon shuffle millions of cooking gas consumers between their agencies to expand the customer base for newly-appointed distributors and help make their business viable.
Indian Oil Corp sold a naphtha cargo last Thursday, bringing its total August exports to 97,000 tonnes, the highest monthly volume from the port of Chennai since 2015, three industry sources said on Tuesday.