Indian Oil Corporation
Business  /  Published 03.08.22

LIC breaks into Fortune 500 list

Recently-listed Life Insurance Corporation (LIC) has broken into the latest Fortune Global 500 list, while Reliance Industries has jumped 51 places. The nation's biggest life insurer with revenue ...
By PTI in New Delhi

Business  /  Published 31.07.22

IOC sold petrol at Rs 10 a litre loss

Indian Oil Corporation sold petrol at a loss of Rs 10 per litre and diesel at Rs 14 a litre during April-June, leading to the firm reporting its first quarterly net loss in over two years, a report sa...
By PTI in New Delhi

Business  /  Published 30.07.22

IOC loss at Rs 1992 crore

The Indian Oil Corporation (IOC) on Friday reported a net loss of Rs 1,992.53 crore for the June quarter as it sold fuel at a discount in the domestic market while its costs jumped. The net loss in Ap...
By Our Special Correspondent in New Delhi

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

Opinion  /  Published 19.03.22

Letters to the Editor: Beware of medical dramas, they tend to exaggerate

Wrong picture Sir — Medical dramas tend to be highly inaccurate. On-screen doctors are often shown receiving accolades for innovative medical treatment, which, in reality, would be considered m...
By The Telegraph

Business  /  Published 18.03.22

Rush to buy Russian crude

After Indian Oil Corporation, Hindustan Petroleum Corporation Ltd has bought two million barrels of Russian crude oil. Just like IOC, HPCL bought Russian Urals crude through European trader Vitol, so...
By PTI & Reuters in New Delhi

Business  /  Published 17.03.22

Jet fuel price spurt to delay recovery

Jet fuel prices were hiked over 18 per cent — the steepest ever increase — after crude surged to a multi-year high. Analysts said rising ATF prices amid the Russia-Ukraine conflict pose a...
By Our Special Correspondent 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


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