They have been named for their stake in the Farsi offshore block.
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.
The defence budget was on Thursday increased to Rs 6.21 lakh crore for 2024-25 in a modest hike of 4.72 per cent from last year's allocation of Rs 5.25 lakh crore amid India's continuing border row with China in eastern Ladakh as well as concerns over evolving security situation in the strategic waterways.
IOC-OIL have decided to hold 25% stake in RIL's East Timor oil and gas block.
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.
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.
What is more surprising is that a surge in Russian oil supplies has come after the G7 imposed stringent sanctions on Moscow.
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.
'We are approaching major test events in August and we all need to see progress in this regard.'
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 petroleum ministry said there was no proposal to merge IOC and ONGC though the divestment ministry had made such a suggestion.
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.
Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of the fuel used to generate power, produce fertilizer, turned into CNG and used for cooking purposes. IOC got 2.5 million standard cubic meters per day out of the 5 mmscmd of gas auctioned last month, sources with knowledge of the matter said. The oil refining and marketing company, which was the top bidder even in the previous auction of gas from the eastern offshore KG-D6 block of Reliance-bp, bid the volumes on behalf of seven fertilizer plants.
Russian athletes have been banned from many sports and largely cannot compete in Europe due to the sanctions and competition complications caused by Russia's invasion of Ukraine that began on February 24, 2022.
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.
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.
Indian Oil Corporation, the country's largest oil firm, is eyeing acquisition of Turkey's biggest refiner - Turkish Petroleum Refineries Corporation (TUPRAS).
Paris is, and will continue to be, dogged by the usual gripes about staging the greatest show on earth.
USA withdrew from Russian-led International Boxing Association and is set to join the breakaway federation.
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.
IOC is building a 5 million tonnes per annum LNG terminal at Ennore near Chennai which is to be completed by 2017.
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.
Notwithstanding the robust turnaround in the financial performance for the June quarter (Q1FY24), stocks of state-run oil marketing companies have been in a downtrend in the last month. The fall comes on a rise in crude oil prices that have surged to a 7-month high of $88 a barrel. A busy political calendar in the months ahead that may see the government keep a lid on auto fuel prices is also a dampener, analysts said. Shares of Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) have shed 9-11 per cent since their respective earnings announcement between July 26 to August 4.
With crude oil touching a record $72 per barrel, Indian Oil Corporation is seeking a Rs 5.6 per litre increase in petrol and Rs 7.6 a litre hike in diesel prices to offset the Rs 80-crore (Rs 800-million) revenue loss per day.
North Korean shooters snub South Koreans on podium
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.
Indian Oil Corporation on Tuesday reported 111.9 per cent rise in its net profit at Rs 6,115 crore (Rs 61.15 billion) during 2002-03 as against Rs 2,885 crore (Rs 28.85 billion) in the previous fiscal.
India's largest oil producer Oil and Natural Gas Corp and the country's largest firm Indian Oil Corp may get two chief executives each to manage their mammoth operations.
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.
Billionaire Mukesh Ambani's Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88. Reliance was ranked at number 104 in the 2022 ranking and in the 2023 ranking it is placed at number 88, according to the publication. The company has gained a whopping 67 places in the last two years from number 155 in 2021.
Indian Oil Corporation and Grasim Industries have jointly bagged the prestigious Rajiv Gandhi National Quality Award for 2003.
Petrol and diesel prices are unlikely to be increased despite firming raw material costs because of upcoming general elections next year, Moody's Investors Service said. Three state-owned fuel retailers -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) -- which control roughly 90 per cent of the market, have kept petrol and diesel prices on freeze for a record 18 months in a row. This is despite the raw material (crude oil) cost surging last year, leading to heavy losses in first half of 2022-23 fiscal year before easing oil prices propelled them to profitability.
Net profit in the January-March quarter stood at Rs 3,905.16 crore (Rs 39.05 billion) from Rs 5,556.77 crore (Rs 55.56 billion) a year ago, IOC chairman R S Butola told reporters in New Delhi.
The International Olympic Committee and the soft drink giant, the Coca-Cola Company have renewed their partnership for the Olympic games for an unprecedented 12 years till 2020.
With hopes of the ban on the Indian Olympic Association being lifted, Sports Minister Jitendera Singh, on Monday, cleared the air, stating that, if needed, he will meet International Olympic Committee officials in Lausanne.
