HPCL's Rajasthan refinery restarts key crude unit after April fireHindustan Petroleum Corp Ltd's joint venture refinery in Rajasthan has restarted its crude distillation unit after a fire in April. This re...
18 Jun, 2026, 04.42 PM IST
Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources sayIndian Oil Corporation has secured a significant crude oil purchase. The state refiner bought five million barrels from West Africa and the...
29 May, 2026, 03.04 PM IST
Congress calls fuel hikes "silent tax on households", accuses govt of "corporate protection racket"Fuel prices have risen for the fourth time in ten days. Congress leaders condemn these increases as a silent tax on Indian households. They...
25 May, 2026, 11.36 AM IST
Petrol, diesel price hike impact: HPCL, BPCL & IOC shares jump 2% each. What lies ahead for the OMCs?Oil marketing companies like HPCL, BPCL, and IOC saw a 2% share increase following a second petrol and diesel price hike in under a week, w...
19 May, 2026, 09.23 AM IST
India's Rs 1.7 lakh crore fuel crisis may have found an unlikely fixIndia faces high energy import costs and a weakening ₹. A Monaco company, FOWE Eco Solutions, presents a water-based fuel emulsion technolo...
17 May, 2026, 08.35 PM IST
India's oil companies bleed Rs 30,000 cr as fuel prices held steady despite global energy shockIndia's state-run oil firms faced massive losses of an estimated Rs 30,000 crore. They kept fuel and LPG prices stable despite a global ene...
08 May, 2026, 03.50 PM IST
IOC for developing Haldia refinery into petrochemicals complexIndian Oil Corporation (IOC) is keen to develop its existing refinery in West Bengal's Haldia into a petrochemicals complex for "sustaining...
08 Mar, 2023, 02.59 PM IST
IOC gets green nod to revamp Bongaigaon refinery at a cost of Rs 4185 croreThe company wants to upgrade its Bongaigaon Refinery (BGR) as the government aims to implement BS-VI fuel in the entire country from April ...
26 Apr, 2017, 03.26 PM IST
Odisha government withdraws tax sops to IOC's Rs 34,555-crore Paradip refineryThe withdrawal will cost Rs 2,000 crore to IOC this year and will progressively increase every year as more petrol, diesel and petrochemica...
27 Feb, 2017, 01.27 AM IST
Why Indian Oil could be Dalal Street's favourite OMC stockThe Paradip refinery is likely to match RIL's gross refining margin (GRM), thereby improving the margin profile of Indian Oil (IOC).
03 Jan, 2017, 08.48 AM IST
IOC sends first consignment from Paradip oil refineryOfficials said the distillate yield from the refinery is expected to be best in class, with 81.1 per cent with no black oil production.
24 Nov, 2015, 07.01 PM IST
Indian Oil Corp refineries to process 55 million ton crude in FY16Indian Oil Corp plans to process 55 million tons of crude oil into fuel in the 2015-16 fiscal, IOC Director (Refineries) Sanjiv Singh said.
01 Apr, 2015, 11.07 PM IST
Indian Oil Corp will begin commissioning of Paradip Refinery from Q1 of 2015Indian Oil Corp, the nation's biggest company, will begin commissioning of its long-delayed Rs 34,500 crore Paradip refinery from the first...
02 Jan, 2015, 02.32 AM IST
Indian Oil Corp to commence commissioning Paradip refinery from Q1 of 2015Emphasising the responsibility towards clean environment, he said IOC has always given highest priority to environment and its operations a...
01 Jan, 2015, 05.30 PM IST
- Indian Oil plans to double refining capacity to 123 MT/year by FY-21
IOC has eight refineries with a combined capacity of 54.2 MT. After including its subsidiary company, it has a total refining capacity of 6...
16 Nov, 2011, 09.49 PM IST
- IOC to invest Rs 9,000 cr to improve quality of its fuel
Government-run Indian Oil Corp will invest Rs 9,000 crore to improve quality of petrol and diesel produced at its refineries, a company pre...
11 Feb, 2008, 06.16 PM IST
- IOC drops plan to set up Algerian refinery
Indian Oil (IOC) has abandoned its plan to invest in the 15-million-tonne greenfield refinery in Algeria, being commissioned by Algerian st...
06 Mar, 2007, 04.24 AM IST