West Asia conflict fails to slow oil PSUs' capex pushIndian oil companies are pushing ahead with major expansion and clean energy projects. Indian Oil Corporation plans significant investments...
21 May, 2026, 01.08 AM IST
Numaligarh Refinery signs post-expansion agreement with Progressive FertichemNumaligarh Refinery Limited has secured a significant deal. The company will sell 52,500 Metric Tonnes of Sulphur annually to Progressive F...
18 May, 2026, 10.58 PM IST
'Fuel scarcity' hits livelihood in Odisha, govt assures people of situation normalisation by MondayOdisha faces fuel scarcity, impacting daily wage earners and transport operators. The state government attributes the situation to panic bu...
17 May, 2026, 09.19 AM IST
Indian Oil, Odisha reach compromise on Paradip refinery tax incentivesOdisha withdrew the incentive this year and sought to recover value-added tax (VAT) from Indian Oil, which obtained a stay from the Cuttack...
21 Aug, 2017, 12.38 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
Deferment of value added Tax to IOCL's Paradip Refinery hurting tax collectionsWhen the MoU for the refinery was inked in 2004, Odisha had agreed to defer for 11 years collection of value added tax (VAT) on products fr...
13 Sep, 2016, 08.47 PM IST
IOC begins petrol production from Rs 34,555-crore Paradip refineryPrime Minister Narendra Modi will dedicate the 15 MMTPA Paradip Refinery to the nation on February 7.
18 Jan, 2016, 09.43 AM IST
IOC to invest Rs 1.75 lakh crore in expansion projectsIOC will invest Rs 1.75 lakh crore over the next seven years on expanding refinery capacity, building petrochemical plants and laying pipel...
13 Dec, 2015, 11.05 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
Punj Lloyd bags Indian Oil Corporation's Rs 367 crore-contract in OdishaPunj Lloyd said it has bagged Rs 367 crore contract from Indian Oil Corporation at Paradip Refinery in Odisha.
15 Oct, 2015, 11.36 AM IST
IOC commissions oil jetty at Paradip refineryThe South Oil Jetty, which will be used to import and export of oil at high sea, was dedicated to the nation by Nitin Gadkari at Paradip,
10 Jul, 2015, 05.52 PM IST
IOC's Paradip refinery's up and runningThe refinery is designed to process broad basket of crude, including cheaper high sulphur heavy crudes, and has an overall Nelson complexit...
27 Apr, 2015, 09.11 PM IST
Indian Oil Corporation to invest Rs 5,300 crore in LPG import facilityIOC is building a 15 million tons a year refinery at Paradip at a cost of Rs 34,555 crore. The unit is to be commissioned in phases beginni...
02 Feb, 2015, 05.39 PM IST
Petroleum minister Dharmendra Pradhan lays foundation of new Rs 3150 crore plant in OdishaThe project, set to come up in the Indian Oil Corporation Refinery Project complex, marked the dawn of a new era for industrial development...
16 Nov, 2014, 09.11 PM IST
Indian Oil Corporation expects Paradip refinery’s margin to exceed $10/barrelThe Rs 30,000 crore-Paradip refinery is scheduled for commissioning before March and will start operating at its full capacity of 15 millio...
29 Aug, 2014, 03.53 AM IST
- Shipping minister inaugurates jetty for coast guard
Union shipping minister G K Vasan on Thrusday inaugurated a jetty for coast guard and IOC vessels at Paradip Port. He also laid the foundat...
26 Nov, 2009, 10.18 PM IST
- Union shipping minister inaugurates jetty for coast guard
Union minister for Shipping, Thiru G.K. Vasan on Thrusday inaugurated the Jetty for Coast Guard and Indian Oil Corporation Vessels, Roll On...
26 Nov, 2009, 07.58 PM IST