Tag: Indian Oil

Prison Inmates
Odisha: Indian Oil To Train Prison Inmates In Select Sports

 Authorities of the jail department in Odisha Sunday launched an initiative of Indian Oil aiming to train prison inmates in specific sports.

  • Monday, 16 August 2021
Diesel to be available online soon!

New Delhi/Bhubaneswar:  People will not have to go to filling station for diesel anymore as they can buy the fuel online soon. Oil marketing companies like Indian Oil, HPCL and BPCL are planning to start online retailing of diesel to cater to rural customers and commercial establishments. The companies are awaiting a final approval from […]

  • Friday, 23 July 2021
Jet fuel prices slashed nearly 15%; airline stocks rise

New Delhi: In a relief to India’s aviation industry, state-run oil marketing companies on Tuesday slashed jet fuel prices by around 15 per cent. This is the second consecutive reduction in the prices of aviation turbine fuel (ATF) after around 10 per cent cut in December. According to the Indian Oil Corporation, the latest reduction […]

  • Friday, 09 July 2021
Indian Oil's Q1 consolidated net profit up 51% to Rs 7,175 cr

Mumbai: State-run Indian Oil Corporation (IndianOil) on Saturday posted a consolidated net profit of Rs 7,175.59 crore, up 51 per cent year-on-year, for the quarter ended June 30, 2018. The consolidated net profit for the corresponding quarter of the previous fiscal stood at Rs 4,736.15 crore, the company said in a BSE filing. The country’s […]

  • Thursday, 08 July 2021
India to buy first stake in Abu Dhabi oil fields for $600 mn

Abu Dhabi: Prime Minister Narendra Modi’s second visit to the UAE has resulted in an Indian consortium gaining stake for the first time in Abu Dhabi’s massive oil resources. An MoU was signed here on Saturday between an Indian consortium comprising state-run explorer ONGC Videsh, Bharat PetroResources, Indian Oil and the Abu Dhabi National Oil […]

  • Wednesday, 07 July 2021
Indian Oil pays Rs 2,935 cr VAT to Odisha government

Bhubaneswar: Indian Oil has paid Rs 2,935 crore to the Odisha government towards value added tax (VAT) for Paradip Refinery, said a statement on Tuesday. The oil company has paid the tax for the period between November 2015 — when the refinery commenced commercial operations — and July 2017. The development was a follow up […]

  • Tuesday, 06 July 2021
Tower infrastructure company Indus Towers

New Delhi: Tower infrastructure company Indus Towers signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL), for setting up a mobile tower network across all 26,000 outlets pan-India, a company statement said here on Wednesday. “Indus Towers’ unique proposition of building robust infrastructure at various IOCL retail outlets will enable a greater […]

  • Tuesday, 06 July 2021
Indian Oil tests protocols for implantation of dynamic pricing

Mumbai: State-run Indian Oil Corp. on Thursday said it has successfully tested all protocol systems related to dealers and customers to ensure a successful roll out of the daily dynamic pricing structure for petrol and diesel prices from June 16. Petrol and diesel prices will be revised daily from June 16 onwards by the three […]

  • Monday, 05 July 2021
indian oil
HP, Indian Oil, BP petrol pumps to sell LED bulbs, tubelights, ceiling fans at cheaper rates

New Delhi: Consumers would soon be able to buy energy efficient LED bulbs, tubelights and ceiling fans at petrol pumps at much lower retail rates. The consumer would get the LED bulb for Rs 65, tubelight for Rs 230 and ceiling fan at Rs 1,150. These appliances would be sourced by the three state-run oil […]

  • Monday, 28 June 2021
ONGC, Oil India seek to buy Indian Oil stake at lower price

New Delhi: An Empowered Group of Ministers (EGoM) is likely to meet soon to consider Oil and Natural Gas Corp’s (ONGC) request to buy a 5 per cent stake in Indian Oil Corp (IOC) from the government at a lower price. ONGC and Oil India Ltd (OIL) each want to buy a 5 per cent […]

  • Monday, 21 June 2021
IOCL Jobs 2019: Accountant, Trade Apprentice And More Posts To Apply

The Indian Oil Corporation Limited (IOCL), Western Region has released a recruitment notification for the positions of Accountant, Technician and Trade Apprentice. Interested and eligible candidates can apply for the positions before the deadline. While the application submission process has already begun, the last date to apply is March 7, 2019. IOCL Recruitment 2019 Vacancy […]

  • Tuesday, 04 May 2021
COVID Crisis: India Oil Import Bill Falls 10% To $101 Billion In FY20

New Delhi: At least in the oil sector, the global health emergency posed by the spread of the novel coronavirus has come to the country’s advantage. India’s oil import bill has fallen close to 10 per cent in FY20 as the increasing spread of coronavirus and demand squeeze globally has depressed the crude oil prices […]

  • Friday, 16 April 2021
IOCL Jobs Recruitment 2020
Indian Oil's Rs 13,805 Crore New Plant In Odisha By 2024

Bhubaneswar: The Indian Oil Corporation Ltd (IOCL) will invest Rs 13,805 crore to set up a plant in Paradip to manufacture raw materials for the textile sector, an official said on Sunday. The project is expected to be completed by 2024, he said. The paraxylene (PX) and purified terephthalic acid (PTA) plant will be integrated […]

  • Wednesday, 14 April 2021
IISc, Indian Oil R&D Sign MoU To Develop Affordable Hydrogen Fuel
IISc, Indian Oil R&D Sign MoU To Develop Affordable Hydrogen Fuel

Bengaluru: The country’s premier research institute, Indian Institute of Science (IISc), and the Research and Development Centre of Indian Oil Corporation Limited have entered into an agreement to develop biomass gasification-based hydrogen generation technology so as to produce affordably-priced fuel cell-grade hydrogen. Under this MOU, IISc and IndianOil will work jointly on the optimisation of […]

  • Saturday, 10 April 2021
Indian Oil Launches Missed Call Service For Refill Booking
Indian Oil Launches Missed Call Service For Refill Booking

Bhubaneswar: Making the refill booking of LPG cylinders more easy and convenient, the Indian Oil on Friday introduced missed call service for the consumers. Now consumers can book LPG refill cylinders through missed call. Besides, several new customer-centric initiatives were launched by Union Petroleum and Natural Gas Minister Dharmendra Pradhan at an event in Bhubaneswar […]

  • Wednesday, 07 April 2021