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Indian Oil

Petrol, diesel, jet fuel sales surge in November as economy picks up

Petrol, diesel, jet fuel sales surge in November as economy picks up

Mon, Dec 02, 2024

LPG sales were also up 7.3 per cent year-on-year at 2.76 million tonnes in November as more households have switched to cooking gas under various schemes for the welfare of the poor introduced by the government.

Gas Stock to BUY: Global brokerage bullish on this scrip, raises target - Check details

Gas Stock to BUY: Global brokerage bullish on this scrip, raises target - Check details

Mon, Dec 02, 2024

PSU Gas Stock to BUY: Shares of Petronet LNG Ltd, a joint venture having 50 per cent shareholding of state-run oil & gas PSUs, gained on Monday as a global brokerage firm upgraded its rating on the oil and gas player.

LPG Cylinder Rates From Today: Commercial cooking gas becomes dearer by Rs 16.5

LPG Cylinder Rates From Today: Commercial cooking gas becomes dearer by Rs 16.5

Sun, Dec 01, 2024

LPG Rate Per Cylinder: State-run oil marketing companies (OMCs) like Indian Oil Corporation (IOC) revised the retail prices of LPG meant for commercial use with effect from December 1. Read on to learn about the latest prices in the four metros:

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IOC Share Price Target: This PSU stock falls over 4% as profit slumps 98% - Buy, Sell or Hold?

IOC Share Price Target: This PSU stock falls over 4% as profit slumps 98% - Buy, Sell or Hold?

Tue, Oct 29, 2024

IOC Share Price Target: Shares of Indian Oil Corporation Ltd (IOC) fell over 4 per cent on Tuesday, a day after the PSU reported a massive 98.6 per cent drop in net profit in the September quarter.

Indian Oil Corporation Q2 Results: Net profit falls 98% on lower refining

Indian Oil Corporation Q2 Results: Net profit falls 98% on lower refining

Mon, Oct 28, 2024

The company posted a standalone net profit of Rs 180.01 crore in the July-September period -- the second quarter of the current 2024-25 fiscal year -- compared with a profit of Rs 12,967.32 crore a year back, according to a stock exchange filing by the company.

V Satish Kumar takes over as Indian Oil chairman

V Satish Kumar takes over as Indian Oil chairman

Sun, Sep 01, 2024

During this period, IOC emerged as a leader in sales of high octane and energy efficient fuels, green combo lubricants, composite LPG cylinders and 25 kg bitumen packs in the market for making products affordable and customer convenience.

Indian Oil, Bharat Petroleum, GAIL fined over non-compliance with listing norms

Indian Oil, Bharat Petroleum, GAIL fined over non-compliance with listing norms

Sun, Aug 25, 2024

Stock exchanges BSE and NSE have slapped fines on oil refining and fuel marketing giants Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), explorer Oil India Ltd (OIL), gas utility GAIL (India) Ltd, and refiner Mangalore Refinery and Petrochemicals Ltd (MRPL) for not meeting the listing requirement in the April-June quarter.

Indian Oil hands over hydrogen fuel bus to Navy for test run

Indian Oil hands over hydrogen fuel bus to Navy for test run

Mon, Jul 22, 2024

The event held at the Nau Sena Bhavan in the national capital was marked by the signing of an MoU between Indian Oil and the Indian Navy to pioneer the deployment of hydrogen fuel cell technology for heavy-duty e-mobility.Indian Navy chief, Admiral Dinesh K. Tripathi, Indian Oil Chairman S.M. Vaidya, and senior officials were present at the event.

BPCL to build new refinery; India eyes oil deals with Russia and others: Puri

BPCL to build new refinery; India eyes oil deals with Russia and others: Puri

Wed, Jun 12, 2024

State-owned Bharat Petroleum Corporation Ltd (BPCL) is looking to build a new oil refinery to meet the rising demand for fuels like petrol and diesel, Petroleum Minister Hardeep Singh Puri said Tuesday as he took charge of the ministry for the second time.

SUN Mobility joins hands with IndianOil to develop battery swapping infrastructure

SUN Mobility joins hands with IndianOil to develop battery swapping infrastructure

Thu, Jun 06, 2024

The joint venture aims to scale up to over 10,000 battery swapping stations in over 40 cities within the next 3 years.

Govt re-initiates process to find new IOC chairman, retirement age kept at 60 years

Govt re-initiates process to find new IOC chairman, retirement age kept at 60 years

Wed, Jun 05, 2024

Vaidya, who took over as the chairman of India's biggest oil company on July 1, 2020, was to retire on August 31, 2023 when he attained the superannuation age of 60 years.

LPG Price Per Cylinder: From June 1, commercial cooking gas becomes cheaper; check out 19-kg, 14.2-kg refill rates in New Delhi, Mumbai, Kolkata, Chennai

LPG Price Per Cylinder: From June 1, commercial cooking gas becomes cheaper; check out 19-kg, 14.2-kg refill rates in New Delhi, Mumbai, Kolkata, Chennai

Sat, Jun 01, 2024

LPG Price Per Cylinder, City-Wise Cooking Gas Rate List: State-run oil marketing companies Indian Oil, Bharat Petroleum and Hindustan Petroleum revised lower the retail price of 19-kg LPG refills (commercial) with effect from June 1 while maintaing the rate per 14.2-kg cylinder (domestic) unchanged at existing levels. Read on to know the current LPG rate in your city.

Commercial LPG price cut from today; check out latest prices with effect from May 1

Commercial LPG price cut from today; check out latest prices with effect from May 1

Wed, May 01, 2024

Latest LPG price with effect from May 1: State-run oil marketing companies (OMCs) such as Indian Oil, which supplies cooking gas under the brand Indane, has reduced the price of LPG in the national capital by Rs 19 per 19-kg cylinder, with effect from May 1, according to its website, iocl.com.

Indian Oil Q4 Results: Net profit drops 40% sequentially, misses analysts' estimates; PSU declares dividend

Indian Oil Q4 Results: Net profit drops 40% sequentially, misses analysts' estimates; PSU declares dividend

Tue, Apr 30, 2024

Indian Oil Q4 Results: State-run Indian Oil Corporation reported a 40 per cent quarter-on-quarter fall in standalone net profit to Rs 4,840 crore for the January-March period.

Indian Oil Dividend 2024: This PSU may announce dividend soon - Check share price, dividend history and other details

Indian Oil Dividend 2024: This PSU may announce dividend soon - Check share price, dividend history and other details

Fri, Apr 26, 2024

Indian Oil Dividend 2024: The company has said that it will most likely announce the record date on April 30, the day when the meeting is scheduled to be held.

Commercial LPG becomes dearer by up to Rs 25.5/cylinder in New Delhi, Mumbai from March 1; check out cooking gas rates in other metros here

Commercial LPG becomes dearer by up to Rs 25.5/cylinder in New Delhi, Mumbai from March 1; check out cooking gas rates in other metros here

Fri, Mar 01, 2024

Commercial LPG cylinder price: Indian Oil Corporation (IOC), which supplies cooking gas under the brand Indane, has announced new rates with effect from March 1, 2024. Read on to know the rate of 19-kilogram cooking gas refills in your city.

Tata Power, Indian Oil Corp tie up to deploy over 500 EV charging points across India

Tata Power, Indian Oil Corp tie up to deploy over 500 EV charging points across India

Mon, Dec 11, 2023

Tata Power EV Charging Solutions Limited (TPEVCSL), a Tata Power Group Company and one of the leading EV Charging solutions providers, and the IOCL have signed a memorandum of understanding (MoU) to roll out fast and ultra-fast electric vehicle (EV). charging points across India.

Indian Oil opens its first EV battery swapping station in Kolkata

Indian Oil opens its first EV battery swapping station in Kolkata

Mon, Dec 04, 2023

The oil marketing PSU opened the facility at its retail outlet in New Town on the eastern outskirts of the city in collaboration with Sun Mobility, the company said in a statement, adding that this marks a significant step forward in promoting sustainable and accessible electric mobility solutions across the city.

Glenmark Pharma, LIC, Mrs Bectors Food, Muthoot Finance and BEML among top stocks to watch today

Glenmark Pharma, LIC, Mrs Bectors Food, Muthoot Finance and BEML among top stocks to watch today

Fri, Nov 10, 2023

Stocks to watch today: Indian equities ended weak in Thursday's session. The Nifty closed 0.25 per cent or 48.2 points lower at 19,395.3 points.

Indian Oil Q2 Results: State-run oil marketing firm beats Street estimates with net profit of Rs 12,967 crore; shares rise

Indian Oil Q2 Results: State-run oil marketing firm beats Street estimates with net profit of Rs 12,967 crore; shares rise

Tue, Oct 31, 2023

State-run oil marketing company Indian Oil Corporation reported its financial results for the July-September period on Tuesday, October 31.

IndianOil sets sight on being '360-degree energy' company; to invest Rs 4 lakh crore

IndianOil sets sight on being '360-degree energy' company; to invest Rs 4 lakh crore

Fri, Aug 25, 2023

IndianOil will invest Rs 1 lakh crore in expanding capacity to refine and turn crude oil into fuel and a staggering Rs 2.4 lakh crore in projects that will help it achieve net-zero carbon emissions from its operations.

Indian Oil Q1 results: Net profit jumps 37% sequentially to Rs 13,750 crore, beats Street estimates

Indian Oil Q1 results: Net profit jumps 37% sequentially to Rs 13,750 crore, beats Street estimates

Fri, Jul 28, 2023

State-run oil marketing company Indian Oil Corp (IOC) reported a set of quarterly numbers that exceeded analysts' estimates. IOC shares, however, slipped into the red after the earnings announcement.

Indian Oil commits to investing Rs 54,000 crore in projects including a refinery in Tamil Nadu

Indian Oil commits to investing Rs 54,000 crore in projects including a refinery in Tamil Nadu

Thu, Jul 06, 2023

The Indian Oil Corporation Limited (IOCL), Chennai, has committed to invest Rs 54,000 crore in various projects in Tamil Nadu in the next few years, including a 9 MMTPA (million metric tonnes per annum) grass-root refinery at an estimated cost of Rs 35,580 crore, its executive director and state head (TN & Puducherry) V C Asokan said here on Thursday.

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