In the semi-finals of the DDA invitation hockey tournament, IOC will play Punjab Police, while Punjab and Sind Bank will meet Army XI.
An oil pipeline at Makum in upper Assam's Tinsukia district was on Tuesday damaged in an explosion, for which the United Liberation Front of Asom claimed responsibility. The explosion in the pipeline of the IOC-Assam Oil Division created a 4-ft crater in Pachim Mamarani area, AOD sources said, adding that there was no report of any casualty.
The acquisition of stake in Progress Energy Resources Corp's shale gas assets and Pacific NorthWest LNG for 1 billion Canadian dollars ($900 million) marks IOC's maiden entry into North America.
ONGC Videsh Ltd and Oil India Ltd-Indian Oil Corp combine have won an oil block each in Libya. \n
Indian Oil Corporation sought an increase in prices of petrol, diesel, domestic LPG and PDS kerosene on Tuesday as spiralling global oil prices had put "enormous" burden and may result in a revenue loss of over Rs 8,500 crore (Rs 85 billion) this fiscal. While the government and oil companies were bearing their share of the burden, the consumers have so far been spared from any hike in fuel prices despite crude oil touching a historic high of $93 per barrel.
State fuel retailers IOC, Bharat Petroleum and Hindustan Petroleum sell diesel, domestic LPG and kerosene at government dictated rates which are lower than cost of production.
The International Olympic Committee (IOC) will set up a disciplinary commission to look into the case of South Korean footballer Park Jong-woo, who flashed a political sign at the London Olympics to inflame a diplomatic row with Japan.
Olympic gold medallist shooter Abhinav Bindra on Tuesday lashed out at Indian Olympic Association officials for refusing to accept International Olympic Committee's directive to bar chargesheeted persons from contesting elections and asked the world body to stick to its earlier stand.
They have been named for their stake in the Farsi offshore block.
However, disinvestment secretary Sumit Bose said right now there is nothing on the cards.
Just days before the eight-year deadline expires, the IOC formally stripped American cyclist Tyler Hamilton of his 2004 gold for doping Friday and awarded the medal to a Russian rider who now becomes a three-time Olympic champion.
The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins.
IOC president Jacques Rogge hopes India would have become a 'sporting tiger' by the 2020 Olympics.
IOC is planning to sell its bonds worth Rs. 2, 000 crores to face the financial crunch caused due to non-revision of fuel price.
Amid growing resentment over Dow Chemicals' association with the London Olympics, the IOA's Executive Board decided to write a 'strong' protest letter to the IOC, seeking the removal of the company as a sponsor of the Games next year.
Indian Oil Corporation wants to set up a petrochemical plant in Yemen provided it is allocated a gasfield, a senior company official said on Friday.
IOC-OIL have decided to hold 25% stake in RIL's East Timor oil and gas block.
Hindustan Aeronautics Limited on Wednesday handed over the first LCA Tejas twin-seater aircraft to the Indian Air Force.
Indian Oil Corporation has emerged as the top company in oil trading amongst national oil companies in the Asia Pacific region, as per the annual survey conducted by Applied Trading Systems, Singapore for the year 2003.
With reference to the news article appearing in a leading financial daily captioned 'IOC, National Iran Oil in stock swap talks', Indian Oil Corporation Ltd has informed BSE that the matter has not yet been finalised and it is too early to comment.
'We are approaching major test events in August and we all need to see progress in this regard.'
State-run Indian Oil Corporation plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore (Rs 5 billion).
Indian Oil Corporation has started buying crude oil from Cairn India's Rajasthan oil fields, which have now crossed the 1,00,000 barrels per day mark in production.
Indian Oil Corporation said on Thursday that it would spend Rs 2,400 crore (Rs 24 billion) on overhauling its marketing operations
Indian Oil Corporation on Friday offered a stake to Kuwaiti companies in its upcoming petrochemical plant at Panipat and the proposed refinery at Paradip.
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
The International Olympic Committee (IOC) will look into allegations that Azerbaijan was promised two gold medals at next year's London Olympics in exchange of cash and could launch its own inquiry, it said on Friday.
Having endured a "strange" feeling while walking under the IOC flag in the opening ceremony of Sochi Winter Olympics, Himanshu Thakur is a relieved man now as he will be able to take part in the closing ceremony under the tri-colour after the world body lifted the ban on the country.
The prime minister was seen wearing a light blue "sadri" jacket as he sat in the Rajya Sabha in the morning.
The petroleum ministry said there was no proposal to merge IOC and ONGC though the divestment ministry had made such a suggestion.
IOC is building a 5 million tonnes per annum LNG terminal at Ennore near Chennai which is to be completed by 2017.
Indian Oil Corp, the country's largest refiner, said on Thursday the value of its inventory of crude oil and refined products dropped Rs 350 crore (Rs 3.5 billion) in April as crude prices fell after the Iraq war.
Indian Oil Corporation, the country's largest oil firm, is eyeing acquisition of Turkey's biggest refiner - Turkish Petroleum Refineries Corporation (TUPRAS).
Indian Oil Corporation on Monday proposed dual pricing for petroleum products in the country to prevent state-run oil companies from slinking into financial morass.
The International Olympic Committee has asked its Indian member Randhir Singh to take all measures, including legal action, against 'illegitimate individuals' claiming to represent the suspended Indian Olympic Association.
Indian Oil Corporation, country's largest oil firm, plans to invest about Rs 190 crore (Rs 1.9 billion) in laying a pipeline from Panipat to Jalandhar to move LPG from its Panipat refinery.
In a filing to the Bombay Stock Exchange IOC said the shareholders, by way of postal ballot, has approved theissuance of bonus shares in the ratio of 1:1.
Jet fuel or ATF price on Tuesday was hiked by a steep 8.5 per cent - the second increase in a month, while commercial cooking gas rate was cut by Rs 100 per cylinder in line with divergent trends in international benchmarks. Aviation turbine fuel (ATF) price was increased by 7,728.38 per kilolitre, or 8.5 per cent, in the national capital to Rs 98,508.26 per kl, according to a price notification of state-owned fuel retailers. Rates, which vary from state to state depending on the incidence of local sales tax or VAT, have been increased on firming up of global rates that followed four months of decline.
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