IOC awards mega cover to New India again, miffs rivalsNew India has been backed by US reinsurer Chubb in this mega insurance deal for the country's biggest fuel retailer by value, customer touc...
30 Sep, 2023, 12.41 PM IST
IOC chairman SM Vaidya likely to get rare tenure extensionIt's rare for a state-run enterprise chief to get an extension beyond the retirement age. In December 2022, the government appointed Arun S...
26 Jun, 2023, 11.53 PM IST
Indian Oil Corp to set up aviation fuel plant with LanzaJet in HaryanaThe company is looking at an investment of about 23 billion rupees ($280.1 million), S.M. Vaidya said on the sidelines of an industry event...
14 Jun, 2023, 02.45 PM IST
Plastic recycled jacket that PM Modi wore will be available for public within three months: IOC ChairmanThe jacket that Prime Minister Narendra Modi wore today in the Parliament made with up of recycled plastic bottles will be available in maj...
09 Feb, 2023, 02.34 PM IST
IOC to recycle 20 mn PET bottles annually for eco-friendly uniformsEmpty PET packaging discarded by the consumer after use becomes PET waste. IOC will deploy an agency to collect such bottles - 20 million a...
13 Nov, 2022, 12.07 PM IST
Indian Oil unveils indoor solar cooking stove, Surya NutanSurya Nutan, which has been developed by IOC's research and development division at Faridabad, always stays in the kitchen and a cable carr...
22 Jun, 2022, 08.50 PM IST
IOC rolls out methanol-blended petrol on pilot basisUnion Minister of State for Petroleum and Natural Gas Rameswar Teli launched the M15 petrol in the presence of Niti Aayog member VK Saraswa...
01 May, 2022, 12.27 PM IST
Indian Oil to set up 10,000 EV charging stations in next 3 yearsIn a push for the EV ecosystem in India, state-owned Indian Oil to set up 10,000 EV charging stations over the next three years.
03 Nov, 2021, 04.43 PM IST
IOC to pump in Rs 3,681 cr for Panipat facilityThe plant will have a capacity to produce 120 kilotonnes per annum of MAH that is used to make specialty products like polyester resins and...
02 Nov, 2021, 07.40 AM IST
IOC expects 100% refinery run within a quarter as fuel demand returnsIndia's energy demand had halved after a nationwide lockdown was imposed in late March last year. But with gradual easing of restrictions, ...
22 Oct, 2021, 03.20 PM IST
Indian Oil signs up to invest Rs 24,000 crore in Gujarat refinery expansion, petrochemical projectThe inclusion of the petrochemical-lube integration component comes as part of IOC's strategy to create a building block for future product...
07 Jun, 2021, 05.55 PM IST
IndianOil net doubles to ₹4,917 crore on inventory, forex gainsNet profit for the October-December quarter rose to ₹4,917 crore from ₹2,339 crore a year earlier. Revenue rose 1 per cent to ₹1,46,599 cro...
30 Jan, 2021, 10.52 AM IST
Capacity utilisation at Indian Oil refineries reach 100% in NovemberThe average utilisation was 88% of the nameplate capacity in October and 99% in November of last year. Indian oil is the nation's largest r...
10 Dec, 2020, 06.14 PM IST
Indian Oil runs at full capacity on demand reboundIOC has been gradually raising crude runs at its plants, which plunged to about 39% at the beginning of April when a nationwide coronavirus...
12 Nov, 2020, 06.59 PM IST
End of virus lockdown has yet to fully revive India's oil demandOperations across 23 refineries nationwide were at 77% of capacity in May.
25 Jun, 2020, 02.47 PM IST
When Chandrayaan 2 lander Vikram touches Moon, these Indian businesses will be on cloud nineISRO is aiming to launch Aditya - L1, its first Indian mission to study the Sun in 2020.
06 Sep, 2019, 01.48 PM IST
Chandrayaan-2: India Inc’s lunar odyssey gets into mission modeISRO works with more than 400 companies in the country, with businesses ranging from under Rs 1 crore to Rs 200 crore a year.
15 Jul, 2019, 10.00 AM IST