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Indian Oil Corporation News

27 Jan 2025

Indian Oil's Net Profit Crosses Rs 2,873 Crore In Oct-Dec Quarter

Indian Oil Corporation's average gross refining margin (GRM) for the period between April and December stood at $3.69 per barrel, dropping sharply from the corresponding figure of $13.26 per barrel reported in the same quarter of the previous financial year.

Massive blast at IOCL refinery in Vadodara

12 Nov 2024

Blast triggers fire at Indian Oil Corporation refinery in Gujarat Vadodara

Indian Oil Corporation

03 Apr 2023

IOC Market Share Climbs To 43%, Posts 'Stellar' Performance In FY23

The company owns about a third of India's oil refining capacity and about half of the nation's fuel retailing infrastructure.

28 Aug 2022

Diesel export falls 11% in July on levy of windfall profit tax

Diesel exports dropped to 2.18 million tonnes in July from 2.45 million tonnes a month back. Petrol exports fell to 1.1 million tonnes from 1.16 million tonnes in June. The export levies helped ease the strain on domestic fuel supply.

Indian Oil Corporation

31 Jul 2022

IOC sold petrol at Rs 10 a litre loss, diesel at Rs 14

The nation's largest oil refining and fuel retailing firm reported a net loss of Rs 1,992.53 crore in April-June. The basket of crude oil India imports averaged USD 109 per barrel.

21 Mar 2022

Petrol, diesel prices hike after 137 days; check new rates

Indian Oil Corporation had informed dealers that new rates will be effective from March 22, 6:00 AM. On Monday, March 21, 2022, petrol and diesel prices were stable across the country. Meanwhile, diesel prices for bulk consumers have been raised by around Rs 25 per litre following a 40% increase in worldwide oil price.

21 Dec 2021

Haldia fire: 3 killed, 44 injured in West Bengal at IOC refinery; CM Mamata reacts

A fire incident was reported in the Haldia Refinery of the Indian Oil Corporation in West Bengal on December 21, 2021. At least three people were killed and 44 were injured in the fire incident. The IOC said that the incident occurred at the unit of the refinery during shutdown-related works. As per the IOC statement, the primary cause seems to be a flash fire leading to burn injuries to 44 persons. Out of the 44 injured, 37 have been shifted to Kolkata for further treatment. The condition of seven of them is reportedly critical.

14 Sep 2021

Petrol, diesel prices remain unchanged on Tuesday, September 14 2021

Auto fuel prices in the country have maintained stability. In Mumbai, the petrol price is stable at Rs 107.26 per litre. Diesel rate also remain unchanged at Rs 96.19 a litre.

16 Jul 2021

Indane’s new smart cylinder allows you to check gas level

The 10 kg cylinder is only for the domestic non-subsidized category. Customers can pay Rs 3350 for a 10 kg cylinder. Indane customers can easily exchange their old gas cylinders with composite smart cylinders.

gas cylinder rates

13 Feb 2020

Hike in LPG cylinder rate up to Rs 150 in metro cities, Opposition slams over economic slowdown

According to Indian Oil's website, which supplies up to 30 lakh cylinders a day across India, the price of 14.2 kg non-subsidized LPG cylinders in New Delhi has now gone up to Rs 858.5, from its last revision on January 1 to Rs 144.5. Is the sharpest increment.

25 Jan 2020

Petrol, diesel prices see big cut on Saturday following Coronavirus outbreak

The price of petrol was cut by 27 paise and that of diesel by diesel by 30 paise a litre across all major cities on Saturday.

30 Aug 2019

NTPC commissions its first commercial EV charging station

India’s leading power generator, NTPC and India’s leading fuel retailer, IOCL have joined hands to set up many such charging stations.

30 Jun 2019

Non-subsidised LPG price cut by Rs 100 per cylinder from July 1: IOC

The IOC, in a press release, said that the price of non-subsidised LPG was cut by over Rs 100.50 per cylinder on the back of softening international rates.

Indian Oil Corporation

10 Apr 2019

For third time in a week, Indian Oil cuts fuel supplies to Jet Airways

The airline also faced the ignominy of losing one of its planes to a European cargo agent who seized one of its wide-body planes at the Amsterdam airport for payment related issues, a source said.

Indian Oil Corporation

05 Apr 2019

Indian Oil Corporation stops fuel supply to Jet Airways over non-payment

Jet Airways, in which SBI-led consortium of lenders is set to take management control under a debt-recast plan, has drastically curtailed operations with a fleet of 26 planes.

01 Jan 2019

5W1H: Watch top news with research and latest updates, 1st January, 2019

This is a special segment of 5W1H by Zee News which brings to you news with research and latest updates. Watch this video to know more.

01 Jan 2019

5W1H: Subsidised LPG price cut by Rs 5.91 per cylinder

In a big relief to consumers, the domestic cooking gas (LPG) price was cut by Rs 5.91 per cylinder on Monday, the Indian Oil Corp (IOC), the country's largest fuel retailer, said in a statement.

31 Dec 2018

Subsidised LPG price cut by Rs 5.91 per cylinder: IOC

This is the second straight monthly reduction in LPG rate.

09 Jul 2018

Petrol, diesel prices hiked for fifth consecutive day

In Mumbai, petrol prices have been hiked from Rs. 83.52 on Sunday, to Rs. 83.75 per litre on Monday, and diesel prices from Rs.72 to Rs. 72.23 per litre.

LPG prices rate cut

03 Mar 2018

Here's what you have to pay for LPG cylinder, check details

The cooking gas cylinders will cost less from this month.

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