Indian Oil Corp, IDCO sign MoU for Paradip Plastic Park in Odisha
An incentive of Rs 2000/MT on Polypropylene granules from Paradip Refinery shall be offered to the manufacturing units located in the Paradip Plastic Park till 31.3.203009-03-2021
09-03-2021
INDIAN OIL CORPORATION LTD. - 530965 - Compliances-Reg. 57 (1) - Certificate of interest payment/Principal in case of NCD
Pursuant to regulation 57(1) of SEBI (LODR) Regulations 2015, we hereby certify that the Company has made payment of Interest for the period from 6th March 2020 to 5th March 2021 to the holders of 6.39% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series - XVI), on due date i.e. on 6th March 2021. The above is for information and record please.06-03-2021
Qatar up for 2032 Olympics bid despite IOC backing Brisbane
Qatar was still committed to bidding for the 2032 Olympics on Friday, despite the IOC heading into exclusive talks with top choice Brisbane. The Inte06-03-2021
Petrol, Diesel Rates Unchanged For Sixth Day In A Row
According to Indian Oil Corporation, the highest fuel prices are currently the highest in Mumbai where petrol is at 97.57 per litre and diesel at 88.60 per litre05-03-2021
Indian Oil proposes sale of hydrogen facilities instead of oil, gas pipelines: Report
Indian Oil is looking to raise around Rs 10,000 crore by selling some of its hydrogen facilities.04-03-2021
No fans from abroad for postponed 2020 Tokyo Olympics: Report
The postponed Tokyo Olympics look like they will take place without any fans from abroad when they open in just under five months. The Japanese newspaper Mainichi said on Wednesday the decision had been made to exclude foreign fans. It cited only unnamed sources involved in the discussions. It said a final decision would be made within the month. In the current situation it is impossible to bring in foreign spectators, the newspaper said, citing an unnamed government official. The report came just an hour before Tokyo organizers held five-party talks online with the International Olympic Committee, the International Paralympic Committee, the Tokyo Metropolitan Government and the central government of Japan. Fans were reported to be a key part of the discussion and IOC President Thomas Bach hinted at hard choices to be made in comments before the meeting. We will focus on the essentials, Bach said before the meeting began without reporters present. That means mainly the competitio03-03-2021
Indian Oil share gains 3% as firm to invest Rs 32,946 crore on Panipat refinery
Market capitalisation of Indian Oil rose to Rs 0.94 lakh crore. The stock has touched a 52-week high of Rs 112 and a 52-week low of Rs 71.1501-03-2021
Fuel prices at record high: Petrol, diesel prices hiked again
The prices of petrol and diesel in New Delhi stood at Rs 91.17 per litre and Rs 81.47 per litre, respectively, according to the Indian Oil Corporation Limited (IOCL). In Mumbai, the price of petrol is Rs 97.57 per litre. The price of diesel stood at Rs 88.60 per litre.27-02-2021
INDIAN OIL CORPORATION LTD. - 530965 - Disclosure Of Information Under Regulation 30 Of SEBI (LODR) Regulations 2015- Investment Proposal For Capacity Expansion Of Panipat Refinery From 15 MMTPA To 25 MMTPA
Pursuant to Regulation 30 read with Part A of Schedule Ill of SEBI (LODR) Regulations 2015, it is hereby notified that the Board of lndianOil at its meeting held on 26th February 2021 has accorded its approval for capital investment for capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA along with installation of Polypropylene Unit and Catalytic Dewaxing Unit at an estimated cost of Rs.32,946 crore. The project is expected to be commissioned by September 2024. The capacity expansion would improve the operational flexibility of the Refinery to meet the domestic energy demand and would also enhance the petrochemicals intensity. The increased production of petrochemicals and value added specialty products would not only improve the margins but also de-risk the conventional fuel business of the company.26-02-2021
Firm marketing margins despite crude rally put OMCs in sweet spot
OMCs are earning marketing margins of 2.8-3.6 per litre on petrol-diesel due to regular price hikes.IOCL may gain more from better refining margins due to a bigger share of refining biz25-02-2021