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Indian Oil Corporation
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

Business  /  Published 20.05.21

Inventory gains help improve IOC margins

The net profit of the country’s biggest oil firm, Indian Oil Corporation, zoomed to Rs 8,781.30 crore in the March quarter compared with a loss of Rs 5,185.32 crore in the corresponding quarter ...
By Our Special Correspondent in New Delhi

Business  /  Published 13.05.21

Refiners cut crude processing, imports

India’s top state oil refiners are reducing processing runs and crude imports as the surging Covid-19 pandemic has cut fuel consumption, leading to higher product stockpiles at the plants, compa...
By Our Bureau, Reuters in New Delhi

Business  /  Published 22.04.21

Shoguns leap to avert Covid crisis

...
By Our Special Correspondent in Mumbai

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Business  /  Published 23.03.21

Calcutta cars taste CNG

Calcutta’s long wait for clean fuel compressed natural gas (CNG) ended on Monday as two retail outlets started dispensing the gas commercially to consumers. A BPCL pump at Garia and an Indian O...
By Our Special Correspondent in Calcutta

Business  /  Published 18.03.21

India to rely less on Saudi oil imports

Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter in May, in an escalating stand-off with Riyadh following Opec’s decision to ignore calls from New Delhi...
By Reuters in New Delhi

Business  /  Published 03.02.21

PM to unveil Bengal projects

Prime Minister Narendra Modi will unveil about Rs 4,700-crore projects in poll-bound West Bengal on Sunday, including the Dobhi-Durgapur natural gas pipeline. The 347km pipeline from Dobhi (in Gaya, ...
By Our Special Correspondent in New Delhi

Jharkhand  /  Published 31.01.21

Four arrested for loot in Mango

The police on Sunday arrested four criminals who were wanted in connection with a case of loot committed near the Indian Oil Corporation's petrol pump at Mango in Jamshedpur late on the night of J...
By Kumud Jenamani in Jamshedpur

West Bengal  /  Published 07.01.21

North Bengal petrol dealers threaten strike

A few tankers started ferrying petro fuels from the IOCL terminal of New Jalpaiguri from Tuesday night, their numbers increasing on Wednesday as talks between the oil company and tanker owners and dri...
By Our Correspondent in Siliguri


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