Indian Oil
Indian Oil consolidates RE business under new unit
Renewable Energy
March 16, 2023
Indian Oil consolidates RE business under new unit
Indian Oil Corporation (IOC) has floated a new subsidiary for low carbon, clean and green energy business as the nation’s…
Indian Oil delivering cooking gas via boats in flood-hit Assam
Oil & Gas
June 29, 2022
Indian Oil delivering cooking gas via boats in flood-hit Assam
Indian Oil is using boats to deliver cooking gas cylinders to households in flood-ravaged southern Assam, especially in Silchar, the…
Indian Oil rolls out methanol-blended petrol on pilot basis
Oil & Gas
May 2, 2022
Indian Oil rolls out methanol-blended petrol on pilot basis
Indian Oil Corp (IOC) rolled out M15 petrol – 15% blend of methanol with petrol — on a pilot basis…
Indian Oil to build more crude oil tanks at Adani’s Mundra port
Oil & Gas
March 9, 2022
Indian Oil to build more crude oil tanks at Adani’s Mundra port
Indian Oil Corporation (IOC), the nation’s largest oil firm, will build nine more storage tanks to stock an additional 10…
India extends $500 M credit line to Sri Lanka to purchase fuel
Oil & Gas
February 3, 2022
India extends $500 M credit line to Sri Lanka to purchase fuel
India extended a $500 million credit line to Sri Lanka to fund the country’s fuel purchases, as the island nation…
India to pitch for global investments at Dubai Expo
Oil & Gas
November 16, 2021
India to pitch for global investments at Dubai Expo
India’s Minister of Petroleum and Natural Gas, Hardeep Singh Puri, will address global investors at a round table on Wednesday…
Indian Oil defers maintenance shutdown at Haldia
Oil & Gas
October 12, 2021
Indian Oil defers maintenance shutdown at Haldia
Indian Oil Corp has deferred a maintenance shutdown at the 1,60,000 barrel-per-day (bpd) Haldia refinery by at least 15 days…
19 injured in blast in Indian Oil’s Barauni refinery
Oil & Gas
September 17, 2021
19 injured in blast in Indian Oil’s Barauni refinery
At least 19 workers were injured on Thursday in a blast in the refinery of Indian Oil Corporation Limited (IOCL)…
Petrol demand continues to rise in August
Oil & Gas
September 2, 2021
Petrol demand continues to rise in August
India's fuel demand recovery remained patchy in August as petrol consumption continued to rise but diesel sales fell, preliminary data…
PM announces self-reliance in energy by 2047
Power
August 15, 2021
PM announces self-reliance in energy by 2047
Prime Minister Narendra Modi formally announced the launch of a National Hydrogen Mission to accelerate plans to generate the carbon-free…
Indian Oil plans to install EV charging facility at 100 outlets
Power
August 14, 2021
Indian Oil plans to install EV charging facility at 100 outlets
Indian Oil is planning to set up electric vehicle charging points at 100 of its outlets across Maharashtra, including five…
Indian Oil to build green hydrogen plant at Mathura refinery
Renewable Energy
July 20, 2021
Indian Oil to build green hydrogen plant at Mathura refinery
India's largest oil firm IOC will build the nation's first 'green hydrogen' plant at its Mathura refinery, as it aims…
India procures 1 M barrels of crude oil from Guyana
Oil & Gas
July 6, 2021
India procures 1 M barrels of crude oil from Guyana
India has procured the first shipment of one million barrels of 'Liza light sweet' crude oil from Guyana, in a…
Pradhan puts the blame on global crude oil price surge
Oil & Gas
June 7, 2021
Pradhan puts the blame on global crude oil price surge
Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday put the blame on recent surge in global crude oil…
Pradhan announces initiatives to boost SATAT scheme
Oil & Gas
June 1, 2021
Pradhan announces initiatives to boost SATAT scheme
Dharmendra Pradhan presided over a virtual ceremony in which a number of initiatives were launched to provide major fillip to…
Cyclone Yaas: Oil & gas installations in survival mode
Oil & Gas
May 26, 2021
Cyclone Yaas: Oil & gas installations in survival mode
Ships at anchorage have been asked to move to a safer area in the sea while oil and gas installations…
12 retail outlets of Indian Oil on jail land in Punjab
Oil & Gas
April 9, 2021
12 retail outlets of Indian Oil on jail land in Punjab
Chief Minister Amarinder Singh accorded approval to a proposal by the Punjab Prisons Development Board (PPDB) to set up 12…
Indian Oil buys its first Johan Sverdrup crude cargoes
Oil & Gas
April 6, 2021
Indian Oil buys its first Johan Sverdrup crude cargoes
Indian Oil Corporation (IOC) has made its first purchase of Norway's Johan Sverdrup crude, buying four million barrels via a…
Oil PSUs to set up InvIT for asset monetisation
Oil & Gas
March 24, 2021
Oil PSUs to set up InvIT for asset monetisation
Oil sector PSUs would now float an Infrastructure Investment Trust (InvIT) as part of the asset monetisation exercise announced by…
Indian Oil & Phinergy forms JV to boost e-mobility aspirations
Sustainability
March 18, 2021
Indian Oil & Phinergy forms JV to boost e-mobility aspirations
Indian Oil entered into a JV with Phinergy a company specializing in hybrid lithium-ion and aluminium-air/zinc-air battery systems
LPG consumption up 7.3% despite price rise
Oil & Gas
March 11, 2021
LPG consumption up 7.3% despite price rise
Cooking gas LPG consumption rose 7.3% in the last three months despite a steep price rise, with usage among the…
Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr
Oil & Gas
March 7, 2021
Indian Oil to monetise Hydrogen units to raise Rs 10,000 cr
Indian Oil Corporation (IOC) plans to hive off hydrogen producing units and sulphur recovery facilities at its refineries to a…
IOCL to invest Rs 32,496 crore to expand Panipat refinery
Oil & Gas
February 27, 2021
IOCL to invest Rs 32,496 crore to expand Panipat refinery
Indian Oil Corporation Limited (IOCL) said it will invest Rs 32,946 crore to expand its oil refinery at Panipat in…
Pradhan gives two main reasons behind rising fuel prices
Oil & Gas
February 22, 2021
Pradhan gives two main reasons behind rising fuel prices
Union Petroleum and Natural Gas Minister Dharmendra Pradhan said that reduced fuel production and oil-rich nations seeking more profits are…
Indian Oil & NDMC to develop Waste to Energy Facility
Power
January 20, 2021
Indian Oil & NDMC to develop Waste to Energy Facility
Indian Oil and NDMC signed a MOU for development of integrated waste-to-energy facilities at NDMC’s landfill site at Ranikhera in…