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Private refiners compete with state firms to sell diesel to railways
Thu, Jan 29 2015. 01 19 AM

Private refiners compete with state firms to sell diesel to railways

Reliance along with state-owned refiners has been shortlisted by the railways for an annual fuel supply contract beginning 1 April
Govt plans $3 billion of share sales to meet budget-deficit goal
Thu, Jan 22 2015. 11 45 PM

Govt plans $3 billion of share sales to meet budget-deficit goal

Govt will sell 10% holdings in IOC, Nalco and NMDC and pare its stake in BHEL by 5%
Govt likely to sell 10% stake in IOC this fiscal
Wed, Jan 14 2015. 06 45 PM

Govt likely to sell 10% stake in IOC this fiscal

The government plans to raise about Rs8,150 crore through the stake sale
Air India seeks govt help after IOC warns on fuel supplies
Wed, Jan 07 2015. 09 10 AM

Air India seeks govt help after IOC warns on fuel supplies

Indian Oil has threatened to stop fuel supplies unless the airline pays its dues
Indian Oil to start Paradip refinery from Q1 of 2015
Thu, Jan 01 2015. 07 34 PM

Indian Oil to start Paradip refinery from Q1 of 2015

Paradip refinery was originally to be built by April 2012 but has faced delays because of law and order problem
IOC to invest Rs6,800 crore on capacity expansion at Gujarat plant
Tue, Dec 23 2014. 09 33 PM

IOC to invest Rs6,800 crore on capacity expansion at Gujarat plant

IOC will invest Rs.5,000 crore to increase its overall capacity to 18 million MT from the present 13.7 million MT
Petrol, diesel rates cut by Rs2 per litre
Mon, Dec 15 2014. 09 53 PM

Petrol, diesel rates cut by Rs2 per litre

In Delhi, petrol to cost Rs.61.33 a litre, the lowest in 44 months, and diesel at Rs.50.51 a litre
High capex will hurt cash flows of Indian oil companies: Fitch
Mon, Dec 15 2014. 04 20 PM

High capex will hurt cash flows of Indian oil companies: Fitch

Fitch said while OMCs and oil explorers will benefit from oil sector reforms and lower crude oil prices, huge capex will offset the benefits
Olympic body approves changes to allow multi-city hosts
Tue, Dec 09 2014. 01 22 AM

Olympic body approves changes to allow multi-city hosts

Changes to bid process, to come into effect for 2024 Summer Olympics, part of 40-point plan to modernize the games
Indian Oil plans speciality petrochemical plants
Mon, Dec 08 2014. 12 53 PM

Indian Oil plans speciality petrochemical plants

This will help the firm to use the by-products from the refinery to further process them and produce high-value high-margin products

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