June fuel demand rise 17.9% on-year on growing demand
Consumption of fuel, a proxy for oil demand, totalled 18.67 million tonnes, data from the Indian oil ministry's Petroleum Planning and Analysis Cell showed.11-07-2022
11-07-2022
India's June fuel consumption rises by 17.9% YoY at 18.67 mn tonnes: Govt
Consumption of fuel, a proxy for oil demand, totalled 18.67 million tonnes, data from the Indian oil ministry's Petroleum Planning and Analysis Cell showed.08-07-2022
Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery
Last year IOC had signed an MoU with Gujarat for adding petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at the refinery08-07-2022
Govt issues corrigendum to withdraw excise on ATF for international flights
Indian Oil had begun levying 11% duty following a govt notification; ATF accounts for 40% of an airline's operating expenses08-07-2022
Sri Lanka needs to pay $587 mn for planned fuel imports, says minister
Sri Lanka needs to pay USD 587 million to several foreign oil companies for planned fuel imports until mid-August, said Sri Lankan Minister of Power and Energy Kanchana Wijesekera on Sunday."Sri Lanka has to make the payments of USD 587 million to several foreign oil companies from Monday for different shipments of fuel," Wijesekera said.As of now, the state-owned fuel importer and distributor Ceylon Petroleum Corporation is left with 12,774 metric tons of diesel, 1,414 metric tons of 92 octane petrol, 2,647 metric tons of 95 octane petrol, 233 metric tons of super diesel, 500 metric tons of jet fuel and 29,000 metric tons of furnace oil in its stock, Xinhua reported.Notably, three ships containing petrol and diesel are expected to reach the country this month and another in August the Chairman of Lanka IOC, the subsidiary of Indian Oil Corporation, said on Saturday as it will give relief to the people facing fuel shortages.One ship is expected to arrive between July 13 and 15 and...03-07-2022
Sri Lanka to get two ships of fuel in July, one in August: Lanka IOC
A total of 11,000 MT of Diesel, 5,000 MT of Petrol, 30,000 MT of Furnace Oil, and 800 MT of Jet Fuel are currently available in the country03-07-2022
Indian Oil shares trade ex-bonus. Buy or Hold? What ICICI Securities recommends
Indian Oil had made an announcement regarding bonus shares issue in May01-07-2022
IOC to invest Rs 740 crore to raise Digboi refinery capacity in Assam
In a stock exchange filing, IOC said its board has approved raising of Digboi refinery capacity from 0.65 million tonnes per annum to 1 million tonnes30-06-2022
Indian Oil shares rise as stock trades ex-bonus
Indian Oil's board of directors recommended issue of bonus shares in the ratio of 1:230-06-2022
INDIAN OIL CORPORATION LTD. - 530965 - Investment Approval For Capacity Expansion Of Digboi Refinery From 0.65 MMTPA To 1 MMTPA
please find enclosed disclosure on Investment approval for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA29-06-2022