Indian Oil Q4FY23 PAT soars 67% YoY to Rs 10,059 crore
Mumbai: State-owned refiner Indian Oil Corp Ltd reported a jump in its standalone net profit for the quarter ended March 2023, with a year-on-year growth of 67 percent to Rs 10,059 crore compared to the net profit of Rs 6,021 crore recorded in the same period last year.
NTPC and Indian Oil sign agreement for powering refineries with renewable energy
Mumbai/IBNS: NTPC and IndianOil signed an agreement for the formation of a joint venture company for meeting the power requirements of upcoming projects of IndianOil refineries in New Delhi Monday.
Indian Oil to invest Rs 9,028 cr to construct new crude oil pipeline between Panipat and Mundra
New Delhi/IBNS: State-run refiner, Indian Oil will invest Rs 9,028 crore to construct a new crude oil pipeline between Mundra in Gujarat and Panipat in Haryana, the company said in a statement.
Indian Oil to install EV charging facilities at 10,000 fuel stations
New Delhi/UNI: To promote greener energy solutions in line with sustainable energy commitments, Indian Oil will install charging facilities for electric vehicles at 10,000 fuel stations over the next three years, the company announced here on Wednesday.
Tata Motors bags order of 15 hydrogen-based fuel cell buses from Indian Oil Corporation Ltd
Mumbai: Reaffirming its commitment towards sustainable mobility, Tata Motors, India’s largest commercial vehicle player and leading bus manufacturer, announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL).
IndianOil to commence trials on H-CNG as green fuel for Delhi city buses
New Delhi/IBNS: Delhi is slated to get city buses which run on Hydrogen-blended CNG (H-CNG) green fuel, said Indian Oil Corporation Limited (IndianOil) in a recent release.
Indian Oil Corporation Q1 consolidated net moves down by 40.42 pc to Rs 2226.80 cr
Mumbai/UNI: Indian Oil Corporation( IOC) has reported a decline of 40.42 per cent in its net profit for the quarter ended June 30, 2020 at Rs 2226.80 crores as against net profit of Rs 3737.50 crore for the quarter ended June 30, 2019.
IndianOil resumes work on select projects, gears to ramp up operations post lockdown
New Delhi/IBNS: Indian Oil Corporation Limited (IndianOil) has commenced resumption of stalled activities on the projects front and is fully geared to ramp up operations towards normalcy for the post-lockdown scenario, the company said in a recent release.
Indian oil prices: Diesel slashes by 9 to 10 p/l; petrol remains stable
New Delhi, Mar 29 (UNI) Diesel on Friday gets slashed by 9 to 10 paise per litre while petrol remains unchanged.
Indian Oil invites entrepreneurs to set up 27,000 petrol stations
Mumbai, Dec 6 (IBNS): Indian Oil, the country’s largest downstream oil major, has issued an advertisement for setting up about 27,000 petrol pumps pan India.
Mumbai, Nov 5 (IBNS): Tata Motors and Gulf Oil Lubricants India Limited (GOLIL), on Monday officially signed an agreement to launch a range of co-branded lubricants for its passenger vehicle segment in India.
Indian Oil to invest Rs. 11,900 cores in West Bengal.
Kolkata, July 24 (IBNS): Indian Oil Corporation Ltd. (IOC) is going to invest a total sum of around Rs 11,900 crore in the Haldia refinery and pipeline infrastructure in West Bengal, stated Subodh Dakwale, Executive Director (Corporate Communication & Branding) here on Tuesday.
Indian Oil's Servo Whitepol launched in Kolkata
Kolkata, July 25 (IBNS): In a glittering ceremony, Indian Oil launched one of their most ambitious products Servo Whitepol- commonly known as Light Liquid Paraffin.