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Fire engulfs five IOC tankers in West Bengal's Siliguri - WATCH

Fire engulfs five IOC tankers in West Bengal's Siliguri - WATCH

Major fire broke out in five Indian Oil Corporation tankers at IOCL Depot. The incident took place in West Bengal's Siliguri.

Sanjiv Singh takes over as IOC's Chairman

Sanjiv Singh takes over as IOC's Chairman

Prior to his elevation, Singh was Director (Refineries) on the IOC Board since July 2014.

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

Moody's retains Baa3 rating on Indian Oil, Bharat Petroleum and Hindustan Petroleum

Moody's retains Baa3 rating on Indian Oil, Bharat Petroleum and Hindustan Petroleum

Moody's Investor Service on Thursday retained its Baa3 rating for all three state-run Indian oil marketing companies (OMCs) on the basis of continued improvement in their credit metrics.

Prices of petrol in 10 major cities

Prices of petrol in 10 major cities

Petrol price was hiked by Rs 1.29 per litre (excluding state levies) on Sunday. 

Petrol, diesel prices hiked: City wise price list

Petrol, diesel prices hiked: City wise price list

Given below is the city-wise price list of petrol and diesel post the hike by Indian Oil Corporation.

Petrol, diesel to be cheaper from today on purchase via digital payment

Petrol, diesel to be cheaper from today on purchase via digital payment

The 0.75 percent discount on payments made using either credit/debit cards, e-wallets or mobile wallets will translate into a rebate of 49 paisa a litre on petrol and 41 paisa on diesel.

Petrol price hiked by 89 paise per litre, diesel by 86 paise

Petrol price hiked by 89 paise per litre, diesel by 86 paise

Petrol price was hiked by 89 paise per litre and diesel by 86 paise per litre on Saturday.

 

India aims to double LNG import capacity to 50 million tonnes a year: Dharmendra Pradhan

India aims to double LNG import capacity to 50 million tonnes a year: Dharmendra Pradhan

India plans to more than double its annual LNG import capacity to 50 million tonnes in the next few years, Oil Minister Dharmendra Pradhan said on Thursday.

At 1,987 km long, Indian Oil Corp to lay India's longest LPG pipeline

At 1,987 km long, Indian Oil Corp to lay India's longest LPG pipeline

IOC plans to import LPG at Kandla in Gujarat and move it through the 1,987 kilometer pipeline to Gorakhpur via Ahmedabad (in Gujarat), Ujjain, Bhopal (in Madhya Pradesh), Kanpur, Allahabad, Varanasi and Lucknow (in Uttar Pradesh).

Monsoon to keep India's diesel exports near 3-year highs

Monsoon to keep India's diesel exports near 3-year highs

India`s diesel exports are expected to hover near a three-year high in September, as monsoon rains reduce the need to use the fuel in irrigation pumps, according to traders and refinery sources. 

Oil falls amid supply glut, lower prospects of output freeze

Oil falls amid supply glut, lower prospects of output freeze

Amid the recent fluctuation in global crude oil rates, prices fell on Friday, in a situation of supply glut following indications from Saudi Arabia that no output freeze was in the offing.

IOC in talks to buy GSPC's stake in Mundra LNG terminal

IOC in talks to buy GSPC's stake in Mundra LNG terminal

Indian Oil Corporation (IOC) is in talks to buy debt-laden Gujarat State Petroleum Corp's (GPSC) stake in the under-construction Rs 4,500 crore Mundra LNG import terminal in Gujarat.

India's biggest oil refinery to cost $30 billion: IOC

India's biggest oil refinery to cost $30 billion: IOC

India's biggest oil refinery that state-run IOC, BPCL, HPCL and EIL plan to set up on the west coast will cost USD 30 billion or Rs 2 lakh crore, a senior official said.

Petrol, diesel price cut: Know the new rates in major Indian cities!

Petrol, diesel price cut: Know the new rates in major Indian cities!

Petrol price was on Thursday cut by 89 paise a litre and diesel by 49 paise a litre, the first decrease in rates in two months.

Petrol price cut by 89 paise a litre, diesel cheaper by 49 paise

Petrol price cut by 89 paise a litre, diesel cheaper by 49 paise

Petrol prices have been cut by 89 paise per litre, while diesel prices slashed by 49 paise per litre 

Latest prices of petrol in major Indian cities

Latest prices of petrol in major Indian cities

Prices of petrol in major Indian cities

Uttarakhand forest fire: Director of Delhi's Fire Dept to visit hill state today, govt to press MI-17 choppers; at least 6 dead

Uttarakhand forest fire: Director of Delhi's Fire Dept to visit hill state today, govt to press MI-17 choppers; at least 6 dead

A total of 1890.79 hectares of green cover have been destroyed this fire season which had an early start on February 2 due to a dry winter.

Oil PSUs get a free hand, can choose companies for crude buy

Oil PSUs get a free hand, can choose companies for crude buy

In a bid to improve operational efficiency, the government Wednesday gave freedom to public sector oil firms to have their own independent crude import policy based on their commercial requirements.

Panel to review Odisha's pact with Indian Oil

Panel to review Odisha's pact with Indian Oil

The Odisha government today said a committee has been set up under the Chairmanship of the Secretary of Petroleum and Natural Gas Ministry to review the state's agreement with Indian Oil Corporation (IOC).