Monday, December 5, 2022
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Indian Oil Corporation

IOC, HPCL, BPCL loss at Rs 2,749 cr in Q2, total loss in H1 reaches Rs 21,201 crore

IOC, BPCL and HPCL have posted a combined loss of Rs 21,201.18 crore in H1 of the current financial year, which is the highest ever for any six-month period

Barauni Plant of HURL commences Urea production

Barauni Plant of Hindustan Urvarak & Rasayan Limited (HURL) commenced urea production on Wednesday, said an official statement

Cabinet okays Rs 22,000 cr as one-time grant for PSU OMCs to cover losses in LPG

The Union Cabinet has approved the proposal of the Petroleum Ministry to give a one-time grant amounting to Rs 22,000 crore to three PSU OMCs

Sanjay Kaushal appointed as CFO of Indian Oil

Sanjay Kaushal has been appointed as CFO of Indian Oil Corporation (IOC) after Sandeep Kumar Gupta, former Director (Finance), took charge as GAIL CMD

Sandeep Kumar Gupta takes over as GAIL CMD

Seasoned finance professional and Indian Oil Corporation's former Director (Finance) Sandeep Kumar Gupta has taken charge as GAIL CMD

Indian Oil raises Rs 2,500 cr in debt at interest lower than sovereign

Indian Oil raised Rs 2,500 crore in debt through non-convertible debentures (NCD) at an interest rate lower than government bonds

Indian Oil Company to expand operations in Sri Lanka

The Indian Oil Corporation (IOC) will expand its operations in Sri Lanka by opening 50 fuelling stations, A top official of the LIOC said on Monday

Indian Oil targets meeting 10% of energy requirements from green hydrogen by 2030

Indian Oil is targeting to replace at least a tenth of its current fossil-fuel-based hydrogen at its refineries with carbon-free green hydrogen

Indian Oil to invest Rs 740 crore to raise Digboi refinery capacity

State-owned Indian Oil Corporation (IOC) will invest over Rs 740 crore to raise the capacity of the nation's oldest oil refinery at Digboi in Assam

Sri Lanka: Indian Oil subsidiary Lanka IOC provides fuel as govt pumps go dry

Lanka IOC kept its pumps open throughout Tuesday as the cash-starved government's fuel entity's fuel stations did not operate in the island nation...

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