Tuesday, January 31, 2023
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IOC hopeful about bringing down cost of green Hydrogen to Rs 150/Kg: Director R&D

IOC, which is India’s largest producer of Hydrogen, is hopeful about bringing down the cost of green Hydrogen to around Rs 150/Kg, said Indian Oil Director (R&D)

Covid-19: PNGRB gives 251 days’ extra time to IOC, Adani Gas citing force majeure

PNGRB has given 251 days or eight-and-a-half months more to companies such as IOC and Adani Gas for fulfilling their city gas rollout commitments

Oil PSUs have spent only a third of their capex in H1 of FY21: Ministry data

State-run OMCs have spent nearly a third of their capex target for the current financial year, with ONGC Videsh being the fastest and Indian Oil being the slowest

IOC refineries operating at 93%; fuel demand likely to reach pre-COVID level in 2 months: CMD

Indian Oil’s refineries are operating at 93% capacity and will be ramped up gradually as the fuel demand reaches pre-COVID levels in a couple of months, said IOC CMD

Indian Oil reviewing refinery expansion plan, looking to petchem to boost margins: Chairman

Indian Oil is reviewing its refinery expansion plans and is also looking to leverage its growing petrochemical operations to boost profit margins, said SM Vaidya

Indian Oil looks to solarise its fuel retail outlets, invites EoI for vendor empanelment

IOC has invited EoI for empanelment of vendors or lump-sum turnkey contractors for solarising its retail outlets under Punjab state office

IOC Paradip Refinery to remain shut for 22 days for maintenance work

The Paradip oil refinery of IOC in Odisha’s Jagatsinghpur district will remain shut for 22 days from July 25 for maintenance work

IOC Middle East subsidiary inks JV pact for LPG business in Bangladesh

IOC Middle East FZE and RR Holdings Ltd, Ras Al Khaimah, UAE, have signed a pact for the formation of a 50:50 JVC for LPG business in Bangladesh

IOC, NTPC & SDMC to develop waste-to-energy facilities at Okhla landfill site

After the implementation of this MoU, the capacity of the waste-to-energy plant will be enhanced to achieve 100% processing of municipal waste, said SDMC Commisioner

Fitch Ratings revises outlook on IOC, BPCL,GAIL, NTPC, PowerGrid, OIL to negative

Fitch Ratings has revised the outlook on ratings of six PSUs — IOC (Indian Oil Corp), NTPC Limited and GAIL to ‘negative’ from ‘stable’

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