Indian Oil Announced Q4 Earnings; Net Profit Plunges 49%
The state-run oil retailer, Indian Oil Corporation Limited (IOCL), on 30 April, announced its quarterly earnings for January-March. In its quarterly report, the company reported...
Tag : Indian Oil Corporation (IOC)
Indian Oil Corporation Shares Gain 2% on Signing MoU to Expand Services
Shares of Indian Oil Corporation Ltd (IOCL) were trading in the green and 2% higher on 16 April after the company announced signing an MoU...
Okaya Group and IOC to Invest Rs 125 Crore to Install 2,550 EV Chargers, IOC Shares Rally
Okaya EV Chargers, in collaboration with Indian Oil Corporation (IOC), plans to set up 2,550 electric vehicle (EV) chargers across India, representing a substantial investment...
IndianOil to Invest Rs 4 Lakh Crore on Becoming a ‘360 Degree Energy’ Company
Indian Oil Corporation is set to invest Rs 4 lakh crore in this decade to expand oil refining and petrochemical business as well as energy...
IOC Inks Long-term LNG Import Deals with UAE’s ADNOC, France’s TotalEnergies
Indian Oil Corporation (IOC) has inked long-term deals with UAE’s Abu Dhabi Gas Liquefaction Co Ltd (ADNOC LNG) and France’s TotalEnergies to import liquefied natural...
IOC Board Approve Rs 22,000 Crore Rights Issue Among Other Plans
The nation’s leading oil company, Indian Oil Corporation (IOC) Ltd, on Friday, announced the board’s approval of the public sector unit’s plan to raise capital...
BPCL to Raise Rs 17,000 Crore to Drive Net Zero Initiative
Bharat Petroleum Corporation (BPCL) is about to issue a rights issue worth Rs 17,000 crore in tranches, heralding an equity injection by the state oil...
Praj Industries Signs Aviation Fuel Agreement with IOC
Industrial biotech firm Praj Industries and Indian Oil Corporation will form a joint venture to produce sustainable aviation fuel (SAF). ATJ fuel will help curb...
IOC Signs Deal with Rosneft to Boost Oil Imports
On Wednesday, Indian Oil Corporation (IOC) signed a deal to increase oil imports from Rosneft as it looks to take advantage of discounted oil available...
L&T Commissions New Green Hydrogen Plant at Hazira in Gujarat
On Saturday, Larsen & Toubro (L&T) commissioned a new green hydrogen plant at Hazira in Gujarat. Shrikant Madhav Vaidya, chairman of IOC, inaugurated this green...