Highlights
Government has received Rs 134 crore from CONCOR as dividend tranche...
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New Delhi: Anup Chandra Pandey appointed as new Election Commissioner..
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New Delhi: LIC Chairman M R Kumar got nine-month extension from Govt..
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New Delhi: India Oil Refiners Shut for Work Before Likely Demand Pickup..
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PFC extended 3 crores support for construction of Dr. KB Hegdewar School..
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New Delhi: NBCC signs MoU with ALIMCO to contribute 100.62 lacs..
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New Delhi: BDL received order of Rs 372.98 crore to supply MRSAM Missile..
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New Delhi: Market-Cap of all good PSUs stood 19.45 Lakh..
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New Delhi:GAIL honored with Golden Peacock Award..
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New Delhi: HSCC's agreement of worth 1,800 crore for upgradation medical projects..
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Indian Oil Corporation news
IOCL Final Dividend Announcement Expected at April 30 Board Meeting
New Delhi: India's major state-owned oil and gas company headquartered in New Delhi, Indian Oil Corporation Limited (IOCL) informed that the Board Meeting of the Company is scheduled on Tuesday, 30 April 2024, inter alia, to consider and approve Standalone as well as Consolidated Audited Financi
Posted Date : 12-04-24
IndianOil and Panasonic Energy Co. Ltd signs a binding term sheet
New Delhi: IndianOil and Panasonic Energy Co. Ltd., have signed a binding term sheet, in line with the expanding demand for batteries for 2 & 3-wheeler vehicles & energy storage systems in the Indian market.
The binding term sheet is signed to draw a framework for formation of a Joi
Posted Date : 31-03-24
Indian Oil appoints Rashmi Govil as Director (HR)
New Delhi: India Oil Corporation today announced the appointment of Rashmi Govil on the Company's Board as Director (Human Resources) with effect from 15th March 2024.
The company in its BSE filing states, it is confirmed that Ms. Govil is not debarred from holding the office of Directo
Posted Date : 15-03-24
IndianOil to support 30 female athletes; signs MoU with National Sports Development Fund
New Delhi: Unveiling Indian Oil Shakti, an Indian Oil CSR initiative aimed at empowering next-gen female athletes. IndianOil has inked an MoU with the National Sports Development Fund to support 30 female athletes in middle & long-distance running.
This collaboration marks a major step
Posted Date : 15-03-24
Indian Oil to produce fuel for Formula One racing cars
New Delhi: Indian Oil Corporation has confirmed that it will produce fuel for Formula One cars which will be processed at its Paradip refinery in Odisha. The fuel generation process will be commenced in three months. The fuel will be produced at the Paradip refinery in Odisha, which is known for its
Posted Date : 08-03-24
Drone network - A saviour in tribal areas for last mile delivery of healthcare
Over 60% of India’s population lives in rural areas. For healthcare, the villagers from the remote places have to travel long distances through poorly connected roads to reach to the district hospitals. The block level heath care facilities like PHCs & CHCs may not provide all diagnostic t
Posted Date : 12-02-24
Indian Oil Chairman, met Kanchana Wijesekera, Minister of Power & Energy, Sri Lanka
Goa: Mr S M Vaidya, Chairman of Indian Oil Corporation Limited, met Kanchana Wijesekera, Minister of Power & Energy, Sri Lanka, at the sidelines of India Energy Week 2024.
Mr Vaidya was joined by Mr Sujoy Choudhury, Director of Planning & Business and Mr N Senthil Kumar, D
Posted Date : 07-02-24
IOCL Q3 Results: Net Profit stands Rs 8,063 cr
The company’s shares gained 3.24% to end at Rs 143.50 against the previous close of Rs 139 on the BSE. While net revenue for the quarter increased by 11% to Rs 1.99 lakh crore from Rs 1.79 lakh crore in the previous quarter. The EBITDA margin declined 7.8% from 11.9% in the previous quarter wh
Posted Date : 25-01-24
Oil giant IOCL teams with Panasonic for India's advanced battery future
New Delhi: Indian Oil Corporation Ltd. & Panasonic India to explore possibilities for setting up a joint venture for advanced cell manufacturing for Lithium-ion batteries.
Both the companies signed MoU in the presence of Union Minister Shri Hardeep Singh Puri, Amitabh Kant, Secretary Mi
Posted Date : 22-01-24
Mr Alok Sharma joins IndianOil Board as Director (R&D)
New Delhi: Indian Oil appointed Mr Alok Sharma to the company's Board as Director (Research & Development) with effect from 16™ January 2024. He is an IIT-Delhi alumnus with 30+ years in the energy sector, Mr Sharma has been pivotal to alternative energy advancements, and his expe
Posted Date : 17-01-24
Indian Oil acquires 100% stake in MPL
New Delhi: Indian Oil Corporation Limited (IndianOil) acquisition of a 100% stake, about Rs 148 crore in Mercator Petroleum Limited (MPL) has been approved by the Hon’ble National Company Law Tribunal, Mumbai. Bench vide its order dated 2nd November 2023 under the relevant provisions of the In
Posted Date : 06-11-23
IOC's first Ethanol Blended Petrol tanker sets sail for Port Blair
New Delhi: Indian Oil Corporation Ltd. ’s first tanker of Ethanol Blended Petrol sets sail for Port Blair from Haldia. India has also achieved the target of 12% blending on 31 October said Union Petroleum Minister Hardeep Singh Puri in a recent post.
Posted Date : 01-11-23
IndianOil Q2 FY23-24 Results: Net Profit, Revenue declines, announces dividend
New Delhi: IndianOil reported Revenue from Operations of Rs 4,23,457 crores for the period April – September 2023 as compared to Rs 4,80,292 crores in the corresponding period of previous financial year.
The Net Profit for the six months ended 30th September 2023 is Rs 26,718 crores as comp
Posted Date : 31-10-23
IndianOil Partners with Goa Government to Promote Green Initiatives
In a bid to strengthen its commitment towards a greener tomorrow, IndianOil has partnered with the Goa Government to harness green opportunities in the state.
The partnership will focus on setting up solar plants and EV charging stations at IndianOil network touch points, and providing value-adde
Posted Date : 27-10-23
IndianOil signs MoU with Paralympic Committee of India
New Delhi: India's multinational oil and gas company, Indian Oil Corporation Limited associated with the Paralympic Committee of India (PCI), the authorised & sole organisation in India to make the bond stronger in sports community.
Both the company has signed MoU, on the occasion Chairma
Posted Date : 16-10-23
IOCL, India's leading oil company appoints new Director (Finance)
New Delhi: IndianOil, one of India's leading oil and gas companies announced the appointment of Mr. Anuj Jain as Director (Finance) to the IndianOil Board. With over 27 years of experience at IndianOil, Mr. Jain is a seasoned professional in the field of finance, taxation, and commercial aspects
Posted Date : 10-10-23
SM Vaidya expressed gratitude on Indian Oil Day
New Delhi: Mr S M Vaidya, Chairman, IndianOil on IndianOilDay expressed Gratitude to employees, veterans, channel partners, customer attendants & LPG delivery teams, tank truck crew, vendors, contractors, and the customers who define the brand IndianOil.
Echoing the ethos of PehleIndian
Posted Date : 02-09-23
Indian Oil to Increase Market Share in India's energy pie by 3.5% in Next 30 Years
New Delhi: At Indian Oil's 64th Annual General Meeting, S M Vaidya, Chairman, IOCL stated that Indian Oil committed to increasing the company's share in India's energy pie from the current 9% to 12.5% by 2050.
IOCL is well-aligned to ensure equitable energy access, promote
Posted Date : 28-08-23
N Senthil Kumar Appointed Director (Pipelines), IOCL
New Delhi: The Government of India has approved the appointment of N Senthil Kumar as Director (Pipelines) of Indian Oil Corporation Limited (IOCL). Earlier he was serving as Executive Director of IOCL.
He will take over as Director (Pipelines) from D S Nanaware. Public enterprises selectio
Posted Date : 14-08-23
Indian Oil's Strategic LNG Import Deals with ADNOC LNG and TotalEnergies
New Delhi: Indian Oil Corporation (IOC), one of India's leading state-owned oil and gas companies, has made significant strides in securing its energy future. It has signed two substantial long-term deals to import liquefied natural gas (LNG) from Abu Dhabi Gas Liquefaction (ADNOC LNG) and Total
Posted Date : 18-07-23