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IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
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100-Foot Tunnel Constructed To Steal Crude Oil From Rajasthan Pipeline: Cops
A 100-foot tunnel has been constructed to steal crude oil from the Indian Oil Corporation (IOC) pipeline, police here on Tuesday said.
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1 Dead After Blast, Fire At Indian Oil Corporation Plant In Chennai
A worker was killed and another man seriously injured after an explosion today at Indian Oil Corporation's facility at Tondiarpet here, an official said.
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IOCL Apprentice Recruitment 2023: Registration For 1820 Posts Begins On December 16
IOCL Apprentice Recruitment 2023: Individuals who meet the eligibility criteria and are interested in applying can submit their applications through the official website, iocl.com.
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Tunnels, Plastic Pipes, Valves: How Indian Oil Was Being Robbed In Delhi
A man was arrested by the Delhi Police within 48 hours of the Indian Oil Corporation reporting an incident of theft from the Delhi-Panipat section of its pipeline on October 4.
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Indian Oil Corporation Net Profit Soars To Rs 13,750 Crore In Q1
India's top oil firm IOC on Friday reported a net profit of Rs 13,750 crore in three months to June 30 - the highest in a decade - as margins on petrol and diesel turned positive on softer oil prices.
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Viral Video: Underwater Gas Pipeline Bursts, Yamuna Water Gushes Up In UP Town
Officials of Indian Oil Corporation said that both upstream and downstream location valves have been closed and situation is under control.
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India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
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GK Satish: 5 Facts On First Indian Appointed By Russian Oil Giant Rosneft On Its Board
Russian energy giant Rosneft has appointed Govind Kottieth Satish, former Indian Oil Corporation (IOC) director, to its board. He is the first Indian to be appointed to the position in the Russian company.
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In Mega Move, Russian Oil Giant Rosneft Appoints 1st Indian On Its Board
Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India.
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ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
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Indian Oil Corporation Reports Rs 272 Crore Loss In Second Quarter
State-owned Indian Oil Corporation (IOC) on Saturday reported a net loss of Rs 272.35 crore for July-September - the second straight quarter of loss arising from selling petrol, diesel and cooking gas LPG at rates below cost.
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Indian Oil Raises Rs 2,500 Crore In Debt At Interest Lower Than Sovereign
Indian Oil Corporation (IOC), the nation's top oil firm, raised Rs 2,500 crore in debt through non-convertible debentures (NCD) at an interest rate lower than government bonds, its director (finance) Sandeep Gupta said on Friday.
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No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
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Oil Marketing Firms Likely To Announce Rs 10,700 Crore Loss In Q1: Report
Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday.
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IOC Net Profit Drops 81% In Q1 On Low Refining Margin, Fuel Under-Recoveries
IOC reported a 81 per cent drop in June quarter net profit, as refinery and marketing margins fell and the firm booked under-recovery on the sale of domestic cooking gas LPG at government-controlled rates.
-
100-Foot Tunnel Constructed To Steal Crude Oil From Rajasthan Pipeline: Cops
A 100-foot tunnel has been constructed to steal crude oil from the Indian Oil Corporation (IOC) pipeline, police here on Tuesday said.
-
1 Dead After Blast, Fire At Indian Oil Corporation Plant In Chennai
A worker was killed and another man seriously injured after an explosion today at Indian Oil Corporation's facility at Tondiarpet here, an official said.
-
IOCL Apprentice Recruitment 2023: Registration For 1820 Posts Begins On December 16
IOCL Apprentice Recruitment 2023: Individuals who meet the eligibility criteria and are interested in applying can submit their applications through the official website, iocl.com.
-
Tunnels, Plastic Pipes, Valves: How Indian Oil Was Being Robbed In Delhi
A man was arrested by the Delhi Police within 48 hours of the Indian Oil Corporation reporting an incident of theft from the Delhi-Panipat section of its pipeline on October 4.
-
Indian Oil Corporation Net Profit Soars To Rs 13,750 Crore In Q1
India's top oil firm IOC on Friday reported a net profit of Rs 13,750 crore in three months to June 30 - the highest in a decade - as margins on petrol and diesel turned positive on softer oil prices.
-
Viral Video: Underwater Gas Pipeline Bursts, Yamuna Water Gushes Up In UP Town
Officials of Indian Oil Corporation said that both upstream and downstream location valves have been closed and situation is under control.
-
India's IOC Signs Multi-Billion Dollar LNG Import Deal With UAE Firm
India's top oil firm IOC has signed a USD 7-9 billion deal to import liquefied natural gas (LNG) from the UAE's ADNOC Gas plc for 14 years beginning 2026, the UAE company said.
-
GK Satish: 5 Facts On First Indian Appointed By Russian Oil Giant Rosneft On Its Board
Russian energy giant Rosneft has appointed Govind Kottieth Satish, former Indian Oil Corporation (IOC) director, to its board. He is the first Indian to be appointed to the position in the Russian company.
-
In Mega Move, Russian Oil Giant Rosneft Appoints 1st Indian On Its Board
Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India.
-
ONGC Signs Mega Pact With Indian Oil Corporation For Petrochemicals
India's top oil and natural gas producer ONGC has signed a mega pact with the nation's largest oil refining and fuel marketing company Indian Oil Corporation (IOC) for exploring opportunities in the petrochemicals business.
-
Indian Oil Corporation Reports Rs 272 Crore Loss In Second Quarter
State-owned Indian Oil Corporation (IOC) on Saturday reported a net loss of Rs 272.35 crore for July-September - the second straight quarter of loss arising from selling petrol, diesel and cooking gas LPG at rates below cost.
-
Indian Oil Raises Rs 2,500 Crore In Debt At Interest Lower Than Sovereign
Indian Oil Corporation (IOC), the nation's top oil firm, raised Rs 2,500 crore in debt through non-convertible debentures (NCD) at an interest rate lower than government bonds, its director (finance) Sandeep Gupta said on Friday.
-
No Cut In Petrol, Diesel Prices Despite Oil At 6-Month Low Because...
International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said.
-
Oil Marketing Firms Likely To Announce Rs 10,700 Crore Loss In Q1: Report
Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday.
