Indian Oil Corporation Limited Iocl
Business  /  Published 15.06.22

Russia's biggest buyer: India

India has become the world’s biggest market for Russian Urals crude oil and will likely be importing even greater quantities following the opening of a new, shorter route from St Petersburg to N...
By Paran Balakrishnan in New Delhi

News  /  Published 02.06.22

More West Bengal govt buses to run on CNG, says Firhad Hakim

The West Bengal government will run a large number of buses on CNG, an environment-friendly fuel, transport minister Firhad Hakim said on Wednesday while inaugurating a CNG station at the Kasba bus de...
By Kinsuk Basu in Kolkata

Business  /  Published 19.03.22

US: India's oil imports to rise

India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around the world...
By Reuters in New Delhi

Business  /  Published 05.03.22

IOC stiffens crude terms

Indian Oil Corporation has set tougher terms for crude from Russia. In its latest tender issued this week, the state-owned refiner said it would accept Russian and Black Sea loading grades on a deliv...
By R. Suryamurthy in New Delhi

West Bengal  /  Published 22.01.22

Vandalism bares Haldia feud

The foundation stone-laying ceremony of a Rs 80-crore bus stand to be built jointly by Haldia Refinery and the Indian Oil Corporation here was marred a few hours prior to the event purportedly by a fa...
By Anshuman Phadikar in Haldia


West Bengal  /  Published 17.12.21

Bengal: industry airs labour problems at meet

A meeting of private industry officials organised by the East Midnapore district administration in Haldia on Thursday to boost employment generation turned into a venue for the participants to voice t...
By Anshuman Phadikar in Haldia

Business  /  Published 08.12.21

IOC renews oil deal with Rosneft

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia’s Rosneft, the Russian oil producer said. IOC ...
By PTI in New Delhi

Business  /  Published 28.08.21

IOC to invest Rs 1 trillion

State-owned refiner IOC plans to invest close to Rs 1 lakh crore (trillion) over the next five years to expand its refinery capacity to 106.7 million tonnes (mt). At the company’s AGM on Friday...
By Our Special Correspondent in New Delhi

Calcutta  /  Published 07.08.21

Strike leaves petrol pumps low on stocks

Multiple pumps in Calcutta ran out of fuel by Friday afternoon and many others were running low on stocks after a flash strike by oil transporters cut off the supply line. The city and its adjacent a...
By Sambit Saha, Debraj Mitra in Calcutta

Business  /  Published 31.07.21

IOC profit up three-fold

Indian Oil Corporation has reported a three-fold jump in net profit during the April-June quarter of 2021 because of higher margins from the refining business and inventory gains. The PSU behemoth sa...
By Our Special Correspondent in New Delhi


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