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 Financial Results of the Company for the quarter and year ended 31st March 2024. 

New Delhi: Gali Anupama, currently serving as General Manager, NMDC Limited has been recommended for the position of Director (Finance) by the Public Enterprises Selection Board (PESB) on April 9, 2024. On Tuesday PESB interviewed a total of 11 candidates for the position. 

New Delhi: KIOCL celebrated 49th Foundation Day in Pellet Auditorium, Corporate office, Bengaluru. Shri R Girish, IAS, Director, Department of Mines & Geology, Govt of Karnataka was the Chief guest.   

According to official data, the steel industry in India is responsible for 12% of the country's greenhouse gas emissions. The emission intensity is 2.55 tonnes of CO2 per tonne of crude steel, which is higher than the global average of 1.9 tonnes of CO2. In March 2023, the steel ministry has approved the formation of 13 task forces. The purpose of these task forces is to identify action points for each area of green steel production and the adoption of sustainable manufacturing proce

New Delhi: Engineers India along with Indian Oil team achieved a major milestone at the Panipat Refinery Expansion Project (P25) site with the successful erection of the last section of the C3 splitter column along with its platform and ladders. The equipment was erected and assembled in four sections in situ and the welding and PWHT of the joints were carried out in the vertical position on erection. The Propylene Recovery Unit (Licensor-EIL & Capacity-1150 KTPA) is being executed in EPC

New Delhi: NTPC Bongaigaon and IOCL Bongaigaon Refinery have formalized a Mutual Aid Agreement (MAA) for Emergency Response Plan (ERP) on 6th February,2024 at NTPC Bongaigaon which aimed at bolstering emergency readiness and response capabilities in between the individual organisations. The agreement was signed by Shri Nayan Kumar Barua, ED & Refinery Head of IOCL - Bongaigaon Refinery and Shri K.C. Muraleedharan, CGM (O&M), NTPC Bongaigaon in the presence of Shri Karunakar Das, Busin

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 while it stood at Rs 21,313 crore in Q2 FY24. KEY FEATURES AND PREVIOUS DATA OF QUARTERLY RESULTS: Indian oil reported Revenue from operations of Rs 4,23,457 crores for April-September 2023 as com

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 Ministry of Petroleum and Natural Gas, Government of India, Sh Pankaj Jain, Chairman IOCL Sh SM Vaidya, President- Panasonic India Mr Daizo Ito & senior officers of the two companies.  

Kochi: The Prime Minister of India will inaugurate the Indian Oil’s LPG Import Terminal at Puthuvypeen, Kochi, built at an cost of about Rs 1,236 Crores, boasts state-of-the-art facilities.  With a 15400 MT storage capacity, the terminal will ensure a steady supply of LPG for millions of households and businesses in the region. 

New Delhi: Team EIL along with Team IOCL-Panipat Refinery achieved a major milestone with the successful erection of the bottom section of the C3 splitter at the 1150 KTPA Propylene Recovery Unit of the Panipat Refinery Expansion Project being executed by EIL in EPCM mode. With a total height of 115.6 meters, the C3 splitter, when completed, will be one of the tallest pieces of equipment in the refinery. The C3 splitter operates at 7 - 8.3 kg/cm2 pressure and 10.71 - 23.2 deg C temperature wi