Indian Oil Corporation Limited: News

14 Oct 2018

Mukesh Ambani

PM Modi to brainstorm with global CEOs on oil scenario

Prime Minister Narendra Modi will tomorrow brainstorm with Chief Executives of top global and Indian oil and gas companies on emerging energy scenario, with ripples from the US sanctions on Iran and volatile oil prices threatening growth.

01 Oct 2018


#FuelsOnFire: Petrol price at record high, breaches Rs. 91/liter mark

Petrol price today crossed the Rs. 91-mark in Mumbai while domestic cooking gas, LPG rates breached Rs. 500-level for the first time ever as oil, at a four-year high, pushed fuel prices to new all-time high across the country.

26 Sep 2018


India could stop oil imports from Iran, courtesy US sanctions

With US sanctions on Iran set to kick in, India is reportedly planning on not buying any crude oil from Iran in November.

14 Sep 2018


Fuel prices hiked; petrol costlier by 28p, diesel up 22p

Petrol and diesel prices today scaled new highs as rates were increased on account of rupee depreciation and rise in international oil rates.

06 Aug 2018


Now pay at petrol pumps using your thumb!

Gone are the days when you paid cash at petrol pumps for refueling.

Indian Oil tops 7 Indian firms on Fortune 500 list

Seven Indian companies have made it to the latest Fortune 500 list of the world's biggest corporations in terms of revenue, with the state-owned Indian Oil Corp (IOC) continuing to be the highest ranked Indian firm and Reliance Industries (RIL) jumping 53 places.

31 Jul 2018

Tamil Nadu

Kerala's robotic scavenger to clean up Tamil Nadu's temple town

Robotic scavenger "Bandicoot", the product of a Kerala-based start-up, would soon be cleaning sewers in the temple town of Kumbakonam in neighboring Tamil Nadu.

23 Jul 2018


Four ways you can use petrol-pumps apart from refilling fuel

For most, 'petrol-pump' means just a fuel-refilling station. But do you know it can serve us in many more ways?

05 Jul 2018


Petrol, diesel prices hiked for first time after a month

Petrol and diesel prices were today hiked for the first time in more than a month on the back of rising international rates and weakening rupee.

22 Jun 2018

West Bengal

DGCA probing altercation between AirAsia staff, passengers: Jayant Sinha

The Directorate General of Civil Aviation (DGCA) has started a probe in an incident in which passengers of an AirAsia India flight from Kolkata to Bagdogra got into an altercation with the airline staff after the flight was delayed by over 4-hours.

21 Jun 2018


Crying children, vomiting women: AirAsia's flight delay turns horrific

Many passengers on board an AirAsia flight bound for Bagdogra from Kolkata complained of ill-treatment by staff while the aircraft was grounded for over four hours.

20 Jun 2018


Manipur govt to build 20-30 houses per-constituency for flood-hit people

Manipur CM N Biren Singh said his government will build at least 20 houses in each of the 60 Assembly constituencies for people whose homes were destroyed in the recent flood.

Business Roundup: Here are today's top 5 Business news

Here comes your business roundup express loaded with all the business new of the day.

01 Jun 2018


Business Roundup: Here are today's top 6 business news

Hola, ready to ride on your business express? Here we go.

30 May 2018

Trinamool Congress

Comic Relief: Petrol, diesel prices cut only by 1 paisa

The reduction in petrol and diesel prices was today revised by just 1 paisa/liter, with state-owned oil companies blaming clerical error for previously announcing a cut of up to 60 paise.

29 May 2018

Trinamool Congress

Petrol prices rise for 16th straight day

Fuel prices are on an unobstructed ascent as petrol and diesel prices climbed again, for the 16th day in a row.

27 May 2018


#CareerBytes: Government scholarships for Engineering students- Details here

To promote quality education in the field of engineering, the government awards various scholarships to students who want to pursue engineering based on various criteria, including their merit, community, and family's annual income.

22 May 2018


Amid widespread criticism, government assures solution to rising fuel prices

The Center is facing flak from all sides even as fuel prices, which have been rising continuously since the Karnataka elections, touched new highs.

18 May 2018

Petrol Diesel Prices

Petrol/diesel prices hiked for 5th day; expected to increase further

Another day, another hike - petrol and diesel prices have now risen for the fifth consecutive day.

15 May 2018


Petrol, diesel prices soar for second day, amid Karnataka results

On Tuesday, petrol prices in the national capital touched Rs. 74.95 per litre. Notably, the petrol prices had hit Rs. 76.06 per litre in September 2013.

14 May 2018

Dharmendra Pradhan

Petrol prices hiked 17 paise/liter, diesel 21 paise/liter after Karnataka-polls

After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise/liter and diesel by 21 paise/liter as PSU oil firms began passing on the international rates spike to consumers.

10 May 2018


Center trying to impose 'one-history', 'one-language', 'one-lifestyle' ideology: Chidambaram

Senior Congress leader P Chidambaram yesterday alleged the BJP and RSS were trying to impose autocratic rule in the nation and their main aim was to destroy the federal system and build a Hindu nation.

01 Mar 2018


LPG cylinders get cheaper by up to Rs. 47

From today, prices of LPG cylinders, both subsidized and non-subsidized, will go down in Delhi, Mumbai, Kolkata and Chennai.

13 Feb 2018


LPG supply might be hit as tankers go on strike

Thousands of LPG tankers went off the roads yesterday in the South and East in protest against new rules in the tender system.

25 Jan 2018


Oil thieves busted after explosion in secret tunnel

For months, some men stole oil from an underground Indian Oil Corporation (IOC) pipeline in Kakrola that transports petroleum products from Sonepat to Bijwasan.

09 Jan 2018


Book Indane LPG cylinder on Facebook and Twitter! Here's how

Indian Oil Corporation (IOC) has allowed consumers to book LGP cylinders via SMS, phone or online, but now it has expanded the service to even Facebook and Twitter!

28 Nov 2017


How to link Aadhaar with LPG connection

The Indian government allows citizens to receive 12 LPG cylinders every year at subsidized rates.

26 Sep 2017

South Korea

Mukesh Ambani's Reliance Industries is world's 3rd largest energy firm

This year, in Platts Top 250 Global Energy Company Rankings, Reliance Industries climbed up five places on the chart and became the world's third-biggest energy firm after Russia's Gazprom and Germany's E.ON.

04 Sep 2017


Bengaluru: Petrol pump to serve free food while customers refuel

In an impressive initiative to ensure at least some Bengalureans don't skip their meals to reach offices on time, Venkateshwara Service Station (near Indiranagar on Old Madras Road) would serve food to customers who stop to refuel.

04 Sep 2017


Karnataka: Rs. 300cr rain relief package to save drowning Bengaluru

As heavy rains continue to batter Bengaluru, BBMP (Bruhat Bengaluru Mahanagara Palike) is going to roll out a Rs. 300cr rain relief package under Nagarotthana Grant to save the city from floods, water-logging, and other rain-triggered problems.

19 Jul 2017


Cabinet gives in-principle approval for ONGC-HPCL merger

The Cabinet has given an in-principle nod to the merger of state-owned Oil and Natural Gas Corporation (ONGC) and Hindustan Petroleum Corporation Ltd (HPCL).

08 Jun 2017


Iran ditches India to sign deal with Russian oil giant

Throwing cold water on India's decade-long expectations, Iran signed the deal for developing the Farzad-B oil fields with Russian energy giant, Gazprom.

18 May 2017


Iraq surpasses Saudi to top Indian oil supplies

Iraq has surpassed Saudi Arabia, to become the top supplier of Oil to India, according to Reuters.

03 May 2017


Indian mulls Iranian oil import cut over gas field row

India is reportedly planning to cut its crude oil imports from Iran by a quarter of what was bought last year.

30 Apr 2017


No agreements will be signed during Modi's Lanka visit: Sirisena

Amidst speculation relating to signing of major Indo-Sri Lanka deals during PM Modi's visit to Sri Lanka, Sri Lankan President Maithripala Sirisena clarified that no agreements would be signed.

19 Apr 2017


Government aims to raise Rs.72,500cr from disinvestment plan for 2017-18

The government kick-started the process of selling minority stake in seven PSUs, including blue-chips like Indian Oil Corporation and Steel Authority of India.

03 Feb 2017

Arun Jaitley

Oil PSUs to merge into a giant company

Major oil PSUs will be combined to form a behemoth oil company, FM Arun Jaitley announced in the Budget 2017-18.

08 Nov 2016


Oil India sets up Rs.50 crore start-up fund

Assam-based Oil India Limited announced that the company set up the Oil India start-up fund of Rs.50 crore to boost new entrepreneurs and ideas for India's oil sector.

11 Oct 2016

Bharat Petroleum

Bharat Petroleum to raise $500 million through bonds

Indian oil giant Bharat Petroleum is set to raise nearly $500 million in funds through issuing bonds or via external commercial borrowing.