Edition:
India

Indian Oil Corpn Ltd (IOC.NS)

IOC.NS on National Stock Exchange of India

163.70INR
18 May 2018
Change (% chg)

Rs-1.05 (-0.64%)
Prev Close
Rs164.75
Open
Rs164.00
Day's High
Rs166.15
Day's Low
Rs161.65
Volume
10,159,287
Avg. Vol
11,801,042
52-wk High
Rs231.48
52-wk Low
Rs156.75

Latest Key Developments (Source: Significant Developments)

Indian Oil Approves Augmentation Of Kandla LPG Import Terminal To 2.5 MMTPA For 5.88 Bln Rupees ‍​
Thursday, 29 Mar 2018 

March 29 (Reuters) - Indian Oil Corp Ltd ::APPROVED AUGMENTATION OF KANDLA LPG IMPORT TERMINAL TO 2.5 MMTPA FROM 0.6 MMTPA AT ESTIMATED COST OF ABOUT 5.88 BILLION RUPEES ‍​.APPROVED LAYING OF CRUDE OIL PIPELINE IN HALDIA-BARAUNI SECTION, CONVERSON OF EXISTING PRODUCT, GAS PIPELINE FOR ABOUT 32.17 BILLION RUPEES.APPROVED AUGMENTATION OF MATHURA-TUNDLA PRODUCT PIPELINE AT ESTIMATED COST OF 6.86 BILLION RUPEES.APPROVED PROJECT FOR PRODUCTION OF 100 PERCENT BS-VI COMPLAINT MOTOR SPIRIT, HIGH DIESEL AT GUJARAT REFINERY FOR 33.80 BILLION RUPEES.APPROVED ACQUISITION OF MINORITY STAKE OF 4 PERCENT IN LANZATECH NEW ZEALAND LTD FOR $20 MILLION VIA ITS UNIT IOCL SINGAPORE.  Full Article

Indian Oil Corpn To Consider Issue Of Bonus Shares
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Indian Oil Corpn Ltd ::SAYS TO CONSIDER ISSUE OF BONUS SHARES.  Full Article

Indian Oil Corp exec says state oil cos jointly looking at buying stake in producing field in UAE
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corpn Ltd :Indian Oil Corp Ltd exec says no immediate plan to sign term deal for import of U.S. crude‍​.Indian Oil Corp Ltd exec says co aims to start trading from Singapore office in 1-2 months.Indian Oil Corp Ltd exec says state oil cos jointly looking at buying stake in producing field in UAE.Indian Oil Corp Ltd exec says co aims to hold 13.5 mln tonnes/yr LNG import facilities in 5 yrs.Indian Oil Corp Ltd exec says co looking at signing long term LNG supply deals‍​‍​.  Full Article

Indian Oil Corp exec says co sees India's annual gasoline demand rising 9-10 pct in 2017/18
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Indian Oil Corp Ltd exec says average gross refining margin for June-Sept period was $7.98 per barrel versus $4.32 per barrel last year‍​.Indian Oil Corp Ltd exec says July-Sept period inventory gains at 10.56 billion rupees‍​.Indian Oil Corp Ltd exec says co sees India's annual gasoline demand rising 9-10 percent, diesel over 3 percent in 2017/18.Indian Oil Corp Ltd exec says co may export 3-4 cargoes of diesel in 1-2 months‍​.  Full Article

Indian Oil Corp Sept-qtr profit up 18.4 pct
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Says Sept quarter net profit 36.96 billion rupees.Sept quarter revenue from operations 1.11 trln rupees versus 1 trln rupees last year.Average gross refining margin $6.08 per barrel for April-Sept period.Net profit in Sept quarter last year was 31.22 billion rupees.Consensus forecast for Sept quarter net profit was 63.45 billion rupees.  Full Article

Indian Oil Corp exec says exploring retail sales, supply of gas, pipeline in Bangladesh, Myanmar
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Indian Oil Corporation Ltd exec says::Exploring retail sales, supply of gas, pipeline in Bangladesh, Myanmar.  Full Article

Indian Oil Corp March-qtr profit up about 85 pct
Thursday, 25 May 2017 

May 25 (Reuters) - Indian Oil Corpn Ltd :March quarter net profit 37.21 billion rupees.Consensus forecast for march quarter net profit was 37.95 billion rupees.March quarter total income 1.24 trln rupees.Net profit in march quarter last year was 20.06 billion rupees as per Ind-AS; total income was 994.61 billion rupees.Recommended dividend of 1 rupee per share.April-march 2017 average gross refining margin $7.77 per barrel.  Full Article

Hindustan Oil Exploration says award of two contract areas in consortia with Oil India
Thursday, 16 Feb 2017 

Hindustan Oil Exploration Company Ltd : Says award of two contract areas to the company in consortia with Oil India Limited . One of the contract area is offshore field B-80, located in the Mumbai offshore . Other contract area is onshore field Kherem located in Arunachal Pradesh .HOEC has 50% participating interest in the offshore field B-80 and 40% in the onshore field Kherem.  Full Article

Coal India signs JV with NTPC, IOC for revival of Barauni & Sindri fertiliser units
Tuesday, 1 Nov 2016 

Coal India Ltd : Says supplementary joint venture agreement . Says in addition to revival of Sindhri & Gorakhpur units, decided to revive the Barauni fertilizer unit of HFCL . Indian Oil Corp, Fertilids corp of india and Hindustan Fertilisers joined in JV .In joint venture agreement, CIL, NTPC, IOCL each will hold 29.67 percent shares; FCIL & HFCL together will hold remaining 10.99 percent shares.  Full Article

Indian Oil Corp says JV with Oil India, Bharat PetroResources completes 2 acquisitions
Wednesday, 5 Oct 2016 

Indian Oil Corpn Ltd :JV completes buying 23.9 pct shares of charter capital of JSC vankorneft, 29.9 pct of participatory share in charter capital of LLC TYNGD.  Full Article

Olympics: IOC warns AIBA to speed up reforms or risk missing Tokyo Games

LAUSANNE, Switzerland World boxing body AIBA is slow in implementing necessary reforms and needs to act now or risk being banned from the Tokyo 2020 Games, the International Olympic Committee President Thomas Bach said on Thursday.