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IOCL REFINING CAPACITY
Refined products exports may rise 25% on IOCL's bet: Rs 75,000 crore investment to add 17.3 MMTPA capacity across three units by year-endIndian Oil Corporation's expansion will boost refining capacity by December 2026. This increase is expected to significantly raise India's ...- India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 a...
- Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
- IOCL Solarises commissioned 150 kW Rooftop Solar System at its Guwahati facilityFacing energy security challenges, Indian Oil Corporation Limited (IOCL) has installed a 150-kW rooftop solar system at its Guwahati facili...
- 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...
- Should petrol, diesel prices go up by Rs 25 per litre? Oil companies are staring at Rs 1,380 crore daily lossIndian fuel retailers are facing steep under-recoveries despite a recent Rs 3 hike, with analysts estimating losses of Rs 25/litre and dail...
- Oil Ministry readies formula for new IOC board mathsThe Oil Ministry is planning a significant overhaul of Indian Oil Corporation's board. Three director positions are set to be eliminated as...
- Tariffied, oil PSUs stop buying Russian crude in spot marketFollowing US tariffs and penalties on India's trade relationship with Russia, state-run refiners like IOCL, BPCL, HPCL, and MRPL have cease...
- On slippery ground: Refining capacity rises just 5% in 7 yearsIndia's refining capacity expansion has significantly slowed. It has added only 5% in seven years against a planned 69% rise. Climate conce...
- BPCL shares can rally up to 26% on superior refining metrics, outshining HPCL, IOCL in Nomura's viewNomura picks Bharat Petroleum Corporation Ltd as top stock among state oil firms. The brokerage highlights BPCL's refining efficiency and b...
- IOCL targets $1 trillion revenue by 2047, to enter data centres, nuclear power, battery and mining sectorsIndian Oil Corporation Ltd is strategically diversifying into sectors like data centers, nuclear power, and battery manufacturing to achiev...
- Indian state refiners to produce 30,800 tonne/yr green hydrogen by 2030The federal government has announced it would provide 300 billion rupees ($3.65 billion) to help state-run oil refiners move towards cleane...
- Alternative energy: IOC to set up new company for green businessThe state-owned refiner and oil marketing company is also working in alternative energy areas to provide renewable energy solutions such as...
- Adani Ports acquires 49.38 % stake in Indian Oiltanking Ltd for Rs 1,050 crore“With this acquisition, APSEZ’s oil storage capacity jumps 200% to 3.6 Mn KL, making it India’s largest third-party liquid storage company....
- L&T wins large contract from Indian Oil CorporationIOCL is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity from 15 MMTPA to 25 MMTPA (million metric t...
- Oil PSUs lose $2.25 billion in revenue since NovemberIndian oil companies could see an impairment in the value of upstream investments in Russia and a decline in the cash flows from these asse...
- Adani-IOC sign agreement for augmenting crude volumesIOCL, which accounts for nearly half of India's petroleum products, has a refining capacity of 80.55 MMTPA and over 15,000 kilometer of pip...
- ABB Power Grids wins Rs 165 crore order from Indian OilABB Power Grids has been awarded the project to ensure reliable grid connection at its Barauni refinery in Bihar. It has bagged Rs 165 cror...
- IOC climbs over 4% ahead of Q1 numbersProfit is seen at Rs 3250 crore, down 61 per cent YoY.
- Narendra Modi likely to inaugurate Rs 35,000 crore IOCL refineryThe 15 MTPA capacity oil refinery project of IOCL, now in final stage of completion, is expected to be commissioned in March 2015, Pradhan ...
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