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Indian Oil Corp Ltd Says Issued NCDs Aggregating To 16.25 Bln Rupees
Indian Oil Corp Expects Refinery Runs Of 70%-75% In FY 2021
Indian Oil Corp Says It Is On Track For Achieving FY21 Capex Target
Indian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses. Its Other businesses segment includes sale of gas, explosives and cryogenics, wind mill and solar power generation, and oil and gas exploration activities. Its business interests span the entire hydrocarbon value-chain ranging from refining, pipeline transportation and marketing of petroleum products to exploration and production of crude oil and gas, marketing of natural gas and petrochemicals. It has a portfolio of energy brands that include Indane liquefied petroleum gas (LPG) cooking gas, SERVO lubricants, XTRAPREMIUM petrol, XTRAMILE diesel and PROPEL petrochemicals. It operates approximately 25,000 petrol and diesel stations, including over 6,200 Kisan Seva Kendra outlets in the rural markets. It owns and operates over 10 refineries with a combined refining capacity of over 80.7 million metric tons per annum.
Oil & Gas - Integrated
Sadiq Nagar, J.B. Tito Marg.
Shrikant Madhav Vaidya
Chairman of the Board
Sandeep Kumar Gupta
Chief Financial Officer
Director - Marketing, Whole-Time Director
Ranjan Kumar Mohapatra
Director - Human Resources, Whole-Time Director
B. V. Rama Gopal
Director - Refineries, Whole-Time Director
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Indian Oil Corp, the country's top refiner, will continue to operate its refineries below capacity in 2020/21 as it sees local and overseas fuel demand remaining subdued, IOC Chairman S. M. Vaidya said on Friday.
Indian Oil Corp (IOC) <IOC.NS>, the country's top refiner, reported a 47% decline in its June quarter net profit to 19.11 billion rupees ($255.53 million), as coronavirus lockdowns hammered fuel demand and squeezed margins.
Indian Oil Corp, the country's top refiner, has formed an equal joint venture with France's Total to manufacture and market high-quality bitumen derivatives and specialty products for India's growing road-building industry.
* Indian Oil Corp Ltd's 300,000 barrels per day refinery on the country's east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday
Indian Oil Corp Ltd's 300,000 barrels per day refinery on the country's east coast to be shut for three weeks for maintenance, the top district administrative official told Reuters on Sunday.
Indian shares ended lower on the last day of its best quarter since 2009, led by losses in energy stocks, and ahead of Prime Minister Narendra Modi's address to the nation.
Indian Oil Corp Ltd, the country's top refiner, on Wednesday reported its first quarterly loss in more than four years in the March quarter, after a surge in inventory losses following a sharp fall in crude oil prices.
Indian Oil Corp Ltd, the country's top refiner, reported a net loss of 51.85 billion rupees in the March quarter on Wednesday, hurt by higher inventory losses.
Indian Oil Corp, the country's top state refiner, has awarded two tenders to buy U.S. crude between October 2020 and March 2021 to European trader Trafigura, two sources said on Tuesday.
Indian Oil Corp, the country's top refiner, aims to operate its refineries at an average 90% capacity in June as fuel demand recovers with the easing of a coronavirus lockdown, the company said on Wednesday.
Indian Oil Corp <IOC.NS>, the country's top refiner, is seeking to buy up to 24 million barrels of U.S. oil for delivery between October 2020 and March 2021, tender documents showed, as part of its efforts to diversify supply.
Indian Oil Corp, the country's top refiner, is seeking up to 24 million barrels of U.S. crude for delivery over the fourth quarter this year and the first quarter of 2021, two tender documents seen by Reuters showed on Monday.
Indian Oil Corp <IOC.NS> has bought a liquefied natural gas (LNG) cargo for delivery in late June, two industry sources said on Monday.
* INDIA MINISTER SAYS NO PROPOSAL TO MERGE INDIAN OIL CORP aND OIL INDIA
India's crude oil production fell 6.4% in April from a year earlier to around 2.55 million tonnes (0.62 million barrels per day), provisional data issued by the government on Saturday showed. Natural gas output fell 18.6% to 2.16 billion cubic metres, and refinery output...
May 20 - Below are the ratings awarded by Credit Rating Information Service of India (CRISIL) for local debt instruments as of May 19, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------...
Indian Oil Corp, the country's top refiner, is close to winning its first contract to supply diesel, jet fuel and gasoline in the second half of this year to state-run Bangladesh Petroleum Corp, two sources with knowledge of the matter said.
Indian Oil Corp <IOC.NS> is seeking a liquefied natural gas (LNG) cargo for delivery in early June, two industry sources said on Tuesday.
The International Olympic Committee is considering hosting its 136th session in July via livestream amid social distancing measures due to the COVID-19 outbreak that forced the delay of the 2020 Tokyo Games.
Indian Oil Corp, the country's top refiner, has cut crude processing at its refineries by 25% to 30% as local demand for refined fuel is hit following complete lockdown to curb spread of coronavirus, it said in a statement on Wednesday.
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