Browsing Tag
Indian Oil Corporation
37 posts
India resumes Iranian crude oil purchases for first time since 2019 as Strait of Hormuz crisis reshapes South Asian energy supply
India has resumed Iranian crude oil imports for the first time since 2019 after the US temporarily lifted sanctions amid the Strait of Hormuz supply crisis.
Petrol duty slashed to Rs 3, diesel to zero as Hormuz crisis hits India’s energy bill
India's Finance Ministry has cut excise duty on petrol to Rs 3 per litre and eliminated it on diesel entirely, effective 26 March 2026, as the US-Israel war on Iran pushes international crude prices up by nearly 50 per cent and disrupts Strait of Hormuz supply flows.
India’s energy security under threat: What drove PM Modi’s emergency cabinet review on West Asia
PM Modi chairs emergency review on petroleum, gas, power and fertiliser supply as Strait of Hormuz disruption cuts LNG flows and halves urea plant output in India.
Indian Oil stock: why ICICI Securities says it’s still a buy despite margin pressures
ICICI Securities maintains ‘Buy’ on Indian Oil (NSE: IOC), citing valuation comfort, dividend yield, and medium-term growth prospects. See the outlook.
IndianOil becomes ADNOC’s biggest LNG buyer as Ruwais supply ramps from 2029
ADNOC seals a 15-year LNG deal with IndianOil for 1 mtpa from the Ruwais project. Find out how this agreement reshapes UAE–India energy ties.
Greaves Electric Mobility expands into battery swapping to enhance last-mile mobility
Greaves Electric Mobility, the electric vehicle division of Greaves Cotton Limited, has announced a significant step forward in…
ADNOC Gas inks $9bn LNG supply agreement with Indian Oil Corporation
ADNOC Gas plc has signed a landmark 14-year LNG supply agreement with Indian Oil Corporation Ltd (IndianOil), reinforcing…
Major fire erupts in benzene tank at Indian Oil’s Gujarat refinery, emergency teams mobilized
In a significant development, Indian Oil Corporation Limited (IOCL) is currently addressing a fire that erupted in a…
Technip Energies wins contract from IOCL for Paradip petrochemical complex
Technip Energies (PARIS:TE) has been awarded a significant contract, valued between €50 million and €250 million, by Indian…
Indian Oil Corporation marks historic high in FY 2023-24 with record-breaking financial and operational performance
Indian Oil Corporation has announced its historic financial performance for the fiscal year 2023-24, with a net profit…