Indian Oil Corporation

IOC Market Share Climbs To 43%, Posts 'Stellar' Performance In FY23

The company owns about a third of India's oil refining capacity and about half of the nation's fuel retailing infrastructure.

Apr 03, 2023, 21:42 PM IST

Diesel export falls 11% in July on levy of windfall profit tax

Export duties of Rs 6 per litre were levied on petrol and aviation turbine fuel and Rs 13 a litre on diesel.

Aug 28, 2022, 11:29 AM IST

IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14; firm posts first quarterly loss in 2 years

Indian Oil Corporation sold petrol at a loss of Rs 10 per litre and diesel at Rs 14 a litre during April-June.

Jul 31, 2022, 15:08 PM IST

Petrol, diesel prices hike after 137 days; check new rates

Indian Oil Corporation had informed dealers that new rates will be effective from March 22, 6:00 AM.

Mar 21, 2022, 23:30 PM IST

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Haldia fire: 3 killed, 44 injured in West Bengal at IOC refinery; CM Mamata reacts

A fire incident was reported in the Haldia Refinery of the Indian Oil Corporation in West Bengal on December 21, 2021. At least three people were killed and 44 were injured in the fire incident. The IOC said that the incident occurred at the unit of the refinery during shutdown-related works. As per the IOC statement, the primary cause seems to be a flash fire leading to burn injuries to 44 persons. Out of the 44 injured, 37 have been shifted to Kolkata for further treatment. The condition of seven of them is reportedly critical.

Dec 21, 2021, 20:52 PM IST

Petrol, Diesel Prices Today, September 14, 2021: Petrol, diesel prices unchanged on Tuesday

The oil marketing companies (OMCs) on Tuesday kept pump prices of petrol and diesel unchanged, marking ninth consecutive day of no revision, and decided to wait and watch the global oil situation before making further changes.

Sep 14, 2021, 10:47 AM IST

Indane’s new smart cylinder allows you to check gas level, here’s how to exchange with old one

Taking note of the smart kitchens, Indane has rolled out a new cylinder for its customers that lets you know much gas is left inside. The state-owned Liquefied Petroleum Gas (LPG) brand has named the smart cylinder as Composite Cylinder.

Jul 16, 2021, 16:06 PM IST

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Hike in LPG cylinder rate up to Rs 150 in metro cities, Opposition slams over economic slowdown

According to Indian Oil's website, which supplies up to 30 lakh cylinders a day across India, the price of 14.2 kg non-subsidized LPG cylinders in New Delhi has now gone up to Rs 858.5, from its last revision on January 1 to Rs 144.5. Is the sharpest increment.

Feb 13, 2020, 08:12 AM IST

Petrol, diesel prices see big cut on Saturday following Coronavirus outbreak

The price of petrol was cut by 27 paise and that of diesel by diesel by 30 paise a litre across all major cities on Saturday.

Jan 25, 2020, 10:24 AM IST

NTPC commissions its first commercial EV charging station

India’s leading power generator, NTPC and India’s leading fuel retailer, IOCL have joined hands to set up many such charging stations.

Aug 30, 2019, 15:00 PM IST

Non-subsidised LPG price cut by Rs 100 per cylinder from July 1: IOC

The IOC, in a press release, said that the price of non-subsidised LPG was cut by over Rs 100.50 per cylinder on the back of softening international rates.

Jun 30, 2019, 22:25 PM IST

For third time in a week, Indian Oil cuts fuel supplies to Jet Airways

The airline also faced the ignominy of losing one of its planes to a European cargo agent who seized one of its wide-body planes at the Amsterdam airport for payment related issues, a source said.

Apr 10, 2019, 18:06 PM IST

Indian Oil Corporation stops fuel supply to Jet Airways over non-payment

Jet Airways, in which SBI-led consortium of lenders is set to take management control under a debt-recast plan, has drastically curtailed operations with a fleet of 26 planes.

Apr 05, 2019, 15:49 PM IST