The country’s largest oil marketing company (OMC) Indian Oil Corporation (IOC) resumed fuel supply to Jet Airways within hours of effecting a cut on it
Oil & marketing companies (OMCs) were in focus on March 29 after HSBC maintained a buy rating but raised respective target prices on each one of them.
As much as Rs 1.2 lakh crore of investment has been committed by firms like IOC, Adani Gas and Torrent in a massive rollout of CNG stations and cooking gas connections to households over the next 8-10 years, oil regulator PNGRB
Two state-run retailers and a private consortium won the maximum bids as India completed auctions to allot 50 regions for distribution of natural gas as the world’s third biggest oil consumer looks to cut consumption of dirtier fuels.
Indian Oil Corporation (IOC), the country’s largest fuel retailer, today issued a clarification saying no leakage of Aadhaar data occurred through its portal.
In the first-ever deal by an Indian company, Indian Oil Corp (IOC) on Monday said it has signed a $1.5 billion annual deal to import 3 million tonnes of crude oil in the financial year beginning April 1.
The government has reappointed A K Sharma as the Director (Finance) of Indian Oil Corp (IOC) – a first under Prime Minister Narendra Modi when a PSU director has been reemployed in the same position after retirement.
State-owned Indian Oil Corp (IOC) has emerged as the biggest bidder for city gas licences in the 10th bid round that also saw Adani Group, Hindustan Petroleum Corp Ltd (HPCL) and Indraprastha Gas Ltd as the other prominent bidders, according to oil regulator PNGRB.
Coal India is in talks with Gail India and IOC for joint ventures to develop coal bed methane fields and sell the produce. Coal India has already lined up investments to the tune of Rs 3,000 crore for its methane projects.
Indian Oil Corporation’s (IOC’s) group company Chennai Petroleum Corporation Ltd (CPCL) is planning to set up a greenfield refinery at Nagapattinam at in Tamil Nadu, a cost of Rs 27,460 crore.