Indian Oil Corporation (IOC), the country’s largest fuel retailer, today reported a 50 per cent jump in consolidated net profit at Rs 7,092 crore for the first quarter ended June 2018 on the back of improved refining margins.
Indian Oil Corporation (IOC), the country’s largest fuel retailer will inaugurate India’s first pilot plant to convert carbon dioxide to High Value Lipids today at the firm’s Research and Development (R&D) facility in Faridabad.
State-run Indian Oil Corporation (IOC) has chosen US petroleum technology major Honeywell UOPs Pressure Swing Adsorption (PSA) technology to supply high-quality hydrogen at its refineries, Honeywell announced on Wednesday.
Bharat Petroleum (BPCL) has emerged the top individual bidder in the 9th round of bidding for city gas distribution (CGD) licences with bids for 53 geographical areas (GAs), followed by Indian Oil (37), GAIL Gas (34), Adani Gas (32) and Torrent Gas (31).
The country’s oil marketing companies Indian Oil Corporation (IOC), Bharat Petroleum Corporation and Hindustan Petroleum Corporation, state-run gas marketer GAIL India
PTI reported that the Competition Commission has dismissed a complaint alleging unfair business practices against oil marketing companies – IOCL, BPCL and HPCL – with regard to terms and conditions in the tenders for transportation of liquified petroleum gas through tank trucks.
The government will launch the fourth tranche of the CPSE Exchange Traded Fund (ETF) and has started looking for merchant bankers to advise on the sale process.
Indian Oil Corporation To Make Itself Self-sustainable In Kerala By Relying On Alternative Sources Of Energy
Public sector oil major Indian Oil Corporation (IOC) is aiming to be self-sustainable in the state by relying on alternative sources of energy.
State-run Indian Oil Corporation (IOC) on Friday reduced diesel and petrol prices by 5 paise and 6 paise per litre, respectively after their prices reached a record high on Tuesday.
Fuel retailer IOC has for the second year in a row beaten ONGC to become India’s most profitable state-owned company, raising questions over calls for the explorer to subsidise retailers amid soaring petrol and diesel rates.