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Indian Oil to invest Rs7,812 crore for expansion
Mon, Feb 16 2015. 11 39 PM

Indian Oil to invest Rs7,812 crore for expansion

IOC to invest Rs.1,843 crore in upgrading Koyali refinery in Gujarat to produce Euro-IV complaint fuel, Rs.1,327 crore to be spent on Barauni refinery in Bihar
State refiners hit by oil slump, subsidy payout cushions fall
Sat, Feb 14 2015. 03 58 PM

State refiners hit by oil slump, subsidy payout cushions fall

IOC was hit hardest and on Friday reported a net loss of Rs2,637 cr in the December quarter, against a loss of Rs961 cr a year earlier
ONGC to pay Rs8,700 crore subsidy as finance ministry gives only Rs5,085 crore
Fri, Feb 13 2015. 01 30 AM

ONGC to pay Rs8,700 crore subsidy as finance ministry gives only Rs5,085 crore

In the first half of current fiscal, fuel retailers IOC, BPCL and HPCL had together lost Rs51,110 crore in revenue on selling fuel below cost
MRPL to raise stake in ONGC Mangalore Petrochemicals
Tue, Feb 10 2015. 12 39 AM

MRPL to raise stake in ONGC Mangalore Petrochemicals

The board of MRPL approved raising the stake from the current 3% to 46% by purchasing fully paid up equity shares from individual shareholders
Petrol price cut by Rs2.42 a litre; diesel Rs2.25 per litre
Tue, Feb 03 2015. 06 41 PM

Petrol price cut by Rs2.42 a litre; diesel Rs2.25 per litre

Petrol in Delhi will cost Rs.56.49 a litre from midnight as compared with Rs.58.91 now, while diesel will cost Rs.46.01 per litre as against Rs.48.26 at present
ATF price cut by 11.3%, to cost less than diesel
Sun, Feb 01 2015. 08 22 PM

ATF price cut by 11.3%, to cost less than diesel

The price of jet fuel in Delhi cut by Rs.5,909.9 per kilolitre, or 11.27%, to Rs.46,513.02 per kl
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

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