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Petrol price hiked by Rs 1.69/L, diesel by 50p; effective July 1

Last Updated: Monday, June 30, 2014, 19:17

Oil companies on Monday hiked price of petrol by Rs 1.69 per litre while the price of diesel was also hiked by 0.50 paise per litre to be effective from July 1.

IOC seeks exemption for LPG plant operations from strikes

Last Updated: Saturday, June 07, 2014, 14:42

Public sector Indian Oil Corporation wants operations of LPG bottling plants to be included in the Essential Services Maintenance Act (ESMA) and has sought exemption for such facilities from strikes.

R K Malhotra is Chairman of IOC

Last Updated: Monday, June 02, 2014, 21:21

R K Malhotra, Director (R&D) at Indian Oil Corp (IOC), has been given additional charge as Chairman of the nation's largest company as appointment of a regular head has been delayed.

IOC chairman appointment delayed

Last Updated: Sunday, May 18, 2014, 17:44

Key PSU appointments, including chairman of nation's largest firm Indian Oil Corp (IOC), have been delayed as outgoing Prime Minister Manmohan Singh did not sign any non-urgent file during his last days in office.

IOC to cut Panipat refinery runs by 50% from May 8: Sources

Last Updated: Thursday, May 01, 2014, 17:56

Indian Oil Corp, the country`s largest refiner, plans to shut half of its 300,000 barrels per day (bpd) Panipat refinery from Thursday for about 40 days as it plans major maintenance work at some of the units, two company sources said.

Loss on diesel sales falls to Rs 5.49 per litre

Last Updated: Wednesday, April 16, 2014, 18:22

The loss on sale of diesel has been trimmed by 44 paise to Rs 5.49 a litre after appreciation in the value of the rupee made imports cheaper.

5-kg LPG cylinders now available at kirana stores

Last Updated: Monday, April 07, 2014, 18:39

After making it available at petrol pumps, the convenient 5-kg cooking gas (LPG) cylinder will now be available at kirana stores and supermarkets in select cities.

IOC begins 5 kg LPG cylinders sale in kirana stores

Last Updated: Thursday, April 03, 2014, 21:30

Indian Oil Corporation has begun sale of market-priced 5-kg Free Trade LPG (FTL) cylinders through kirana stores and supermarkets.

IOC says Bengal's silence on HPL 'surprising'

Last Updated: Sunday, March 23, 2014, 12:35

The executive said that although IOC had close to nine percent stake in HPL at present, the oil PSU had been eyeing a berth on HPL's board for long.

Indian Oil plans to build Rs 30,000 crore refinery at Mundra

Last Updated: Thursday, March 13, 2014, 19:17

State-owned Indian Oil Corp (IOC) is mulling setting up a Rs 30,000 crore refinery at Mundra in Gujarat as part of a plan to increase its processing capacity to 100 million tonnes.

IOC to buy stakes in Petronas' LNG project for $900 mn

Last Updated: Friday, March 07, 2014, 19:19

Indian Oil Corp, the nation's largest oil firm, on Friday signed a deal to buy a 10 percent stake in shale-gas assets and a linked liquefied natural gas (LNG) project in British Columbia for USD 900 million.

IOC major partner to Tata Medical Center expansion

Last Updated: Friday, March 07, 2014, 18:27

Indian Oil Corporation (IOC), a major supporting partner for expansion of the Tata Medical Center at Rajarhat near here, has offered Rs 66 crore in phases toward the Rs 200 crore project.