Indian Oil Corporation to wait till clear picture emerges on Haldia PetrochemHPL is a joint venture project having the government of West Bengal, The Chatterjee Group (TCG), and IOC as major stakeholders.
- IOC to invest Rs 11,000 cr in FY14 on expansion
"We are expanding our network and we will spend around Rs 10,000-11,000 crore a year," IOC Chairman R S Butola said.
- International prices, rupee-dollar parity to determine fuel price hike: RS Butola, IOC
Directionally the decision that has been taken yesterday is a welcome move for the industry, says RS Butola.
- IOC net slips 47% to Rs 3,955 crore in 2011-12 on state tax payment
State refiners had raised petrol price by 7.54 a litre last week that was protested by allies of the UPA government.
- IOC's net profit dropped 47% in 2011-12 because of Rs 8,157 crore disputed state tax payment
State-run Indian Oil Corp has reported 47% drop in its net profit at Rs 3,955 crore in 2011-12 because of Rs 8,157 crore disputed state tax...
- Petrol price hike: Will oil companies cut prices?
State oil cos raised the price of petrol for the first time in more than six months in a gesture of fiscal discipline that economists said ...
- Impending fuel crisis in the country: RS Butola
State-run Indian Oil Corp, India's biggest fuel retailer, has warned about an impending fuel crisis in the country.
- Oil cos ONGC, HPCL, OIL, IOC and others may run out of cash to buy oil by December
India is staring at an energy crisis after December as staterun refineries will start shutting down because they will run out of money to i...
- Will roll back price hike if government gives directive: Oil companies
State-owned oil companies today said they will roll back the increase in rate if the government gives a directive to that effect.
- Indian Oil Corporation to reduce prices if global crude rates dip
State-run Indian Oil Corporation will use the first available opportunity to cut petrol rates if international crude rates dip.
- IOC posts 3,719 crore Q1 loss on subsidy & borrowings
IOC has reported 3,719cr net loss because of huge revenue losses on selling diesel, kerosene and cooking gas below market rates and rising ...
- IOCL's Paradip refinery plant to start by 2012
Indian Oil Corporation Ltd's (IOCL) oil refinery plant at Paradip, which has a capacity of 15 million tonnes per annum, is likely to be com...
- IOC may raise petrol prices soon; stock up
State-owned Indian Oil Corporation, the country's largest oil firm, on Monday hinted at an imminent hike in petrol prices, whose rates have...
- Oil companies may raise petrol prices by Rs 3
State-run oil firms are expected to raise prices of petrol shortly, possibly after May 10 when the state polls end.
- Reddy clears appointment of Butola as IOC chairman
Ending weeks of uncertainty, Oil Minister S Jaipal Reddy has cleared the appointment of ONGC Videsh Ltd Managing Director Ranbir Singh Buto...
- OVL earmarks Rs 9,000-cr capex for FY 10
ONGC Videsh Ltd has earmarked capital expenditure of Rs 9,000 crore for the current fiscal during which it plans to drill exploratory wells...
- ONGC proposes JV with Russia's Roseneft, Gazprom
Oil and Natural Gas Corporation Ltd (ONGC) has proposed a joint venture with Russia's Roseneft and Gazprom for exploration of oil and gas i...