indian oil corporation

Move products by rail: Court to oil firms


September 20th, 2012 - 5:06 pm ICT by IANS
Kochi, Sep 20 (IANS) In the backdrop of a road accident last month in Kannur involving an LPG tanker, the Kerala High Court Thursday asked public sector oil companies to ... Read more...

Posted in Business |

MCC-Murugappa Hockey: BPCL, Air India enter semis


September 14th, 2012 - 12:17 am ICT by IANS
Chennai, Sep 13 (IANS) Bharat Petroleum Corporation Ltd (BPCL) and Air India completed the semi-final line-up in the 87th All-India MCC-Murugappa Gold Cup hockey tournament in contrasting styles here Thursday.BPCL ... Read more...

Posted in Sports |

Big win for Indian Oil


September 9th, 2012 - 10:06 pm ICT by IANS
Chennai, Sep 9 (IANS) Indian Oil Corporation (IOC) chalked up their second win in Group B with a 15-3 rout of local challengers Integral Coach Factory in the 87th MCC-Murugappa ... Read more...

Posted in Sports |

Ten teams for Murugappa hockey


September 5th, 2012 - 2:25 pm ICT by IANS
Chennai, Sep 5 (IANS) Ten teams, including holders ONGC, will take part in the 87th All-India MCC Murugappa Gold Cup hockey tournament commencing here Thursday.According to organising secretary Sanjay Gulvady, ... Read more...

Posted in Sports |

Compensation for Kerala lorry blast victims


September 3rd, 2012 - 4:50 pm ICT by IANS
Thiruvananthapuram, Sep 3 (IANS) Kerala will give jobs, pensions and compensations to the next of kin of those killed and the injured victims of last week's LPG tanker blast in ... Read more...

Posted in Politics |

Nanoparticles new age answer to corrosion: Expert


August 23rd, 2012 - 9:20 pm ICT by IANS
Kolkata, Aug 23 (IANS) Terming nanoparticles as the latest answer to combating corrosion, a senior scientist Thursday urged the industries concerned to use them as a "smart coating" option."Nanoparticles are ... Read more...

Posted in Sci-Tech |

Petronet’s Kochi LNG terminal to start in two months


August 23rd, 2012 - 6:52 pm ICT by IANS
Kochi, Aug 23 (IANS) The Petronet LNG Ltd. (PLL) terminal here in Kerala is likely to be commissioned within two months, a top official said Thursday.The liquefied natural gas (LNG) ... Read more...

Posted in Business |

Jet fuel price hiked by 3.2 percent


August 16th, 2012 - 4:29 pm ICT by IANS
New Delhi, August 16 (IANS) Jet fuel or aviation turbine fuel (ATF) price was hiked Thursday by over 3.2 percent, according to the Indian Oil Corporation (IOC).Jet fuel constitutes over ... Read more...

Posted in Business |

Indian Oil Corporation loss widens to Rs.22,450.95 crore


August 9th, 2012 - 5:04 pm ICT by IANS
New Delhi, Aug 9 (IANS) The government-run oil marketing firm Indian Oil Corporation Thursday announced Rs.22,450.95 crore loss for the quarter ended June 30, 2012.The company's loss has widened sharply ... Read more...

Posted in Business |

Myneni pockets title


July 28th, 2012 - 9:57 pm ICT by IANS
Chennai, July 28 (IANS) India's Saketh Myneni, second seed, got past fourth seed Suk-Yun Jeong of Korea 6-3, 2-6, 6-4 to lift the singles title in the Indian Oil Servo ... Read more...

Posted in Sports |

Petrol prices to be hiked by 70 paise from midnight (Second Lead)


July 23rd, 2012 - 9:59 pm ICT by IANS
New Delhi, July 23 (IANS) India's oil marketing companies Monday announced a hike in petrol prices by 70 paise a litre, with effect from midnight, citing increasing international oil prices ... Read more...

Posted in Business |

Petrol prices to be hiked by 70 paise from midnight (Lead)


July 23rd, 2012 - 9:30 pm ICT by IANS
New Delhi, July 23 (IANS) India's oil marketing companies Monday announced a hike in petrol prices by 70 paise a litre, with effect from midnight, citing increasing international oil prices ... Read more...

Posted in Business |

ONGC-led consortium to invest $3 billion in Venezuela


July 11th, 2012 - 3:34 pm ICT by IANS
New Delhi, July 11 (IANS) The overseas arm of Oil and Natural Gas Corporation (ONGC Videsh), in partnership with other government-run firms, plans to invest $3 billion to explore oil ... Read more...

Posted in Business |

HPL management’s meet with lenders remains unfruitful


July 4th, 2012 - 1:31 am ICT by IANS
Kolkata, July 3 (IANS) The Haldia Petrochemicals Ltd (HPL) management's meeting with lenders for getting Rs.10 billion worth of working capital for the cash-strapped firm did not work out ... Read more...

Posted in Business |

Petrol prices to be cut by Rs.2.46 per litre


June 28th, 2012 - 9:19 pm ICT by IANS
New Delhi, June 28 (IANS) India's oil marketing companies have decided to reduce petrol prices by Rs.2.46 per litre from midnight, it was announced here Thursday."The downward revision shall vary ... Read more...

Posted in Business |

Government launches web-portal to curb LPG black-marketing


June 22nd, 2012 - 4:47 pm ICT by IANS
New Delhi, June 22 (IANS) In a bid to curb black-marketing of domestic cooking gas, the government Friday launched a web-portal that will empower nearly 14 crore users of liquified ... Read more...

Posted in Business |

Latin America - Energising India (Comment)


June 21st, 2012 - 9:52 am ICT by IANS
Latin America has remained at the periphery of Indian political and economic strategy, having presented no significant challenges, received marginal Indian migration (mainly in the Caribbean/Atlantic), and, depending on the country, ... Read more...

Posted in Business |

India to launch 16 new nuclear reactors


June 1st, 2012 - 5:30 pm ICT by IANS
Chennai, June 1 (IANS) The Nuclear Power Corporation of India Ltd (NPCIL) will launch 16 reactors at an outlay of Rs.2.3 trillion ($40 billion) during the 12th Plan period (2012-17), ... Read more...

Posted in Sci-Tech |

Petrol bunks go dry in three Tamil Nadu districts


May 28th, 2012 - 5:42 pm ICT by IANS
Chennai, May 28 (IANS) An acute shortage of petrol and diesel has hit three districts of Tamil Nadu with nearly 1,000 bunks going dry, a petroleum dealer said Monday. Officials ... Read more...

Posted in Business |

Indian Oil posts Rs.12,670 crore quarterly net profit


May 28th, 2012 - 5:33 pm ICT by IANS
Mumbai, May 28 (IANS) The Indian Oil Corporation posted a massive increase in net profit at Rs.12,670 crore for the quarter ended March 31 against Rs.3,905 crore during the like ... Read more...

Posted in Business |

Northeastern India hit by cooking gas crisis


May 26th, 2012 - 4:40 pm ICT by IANS
Agartala/Aizwal, May 26 (IANS) Northeastern states of the country have been facing a severe crisis of cooking gas after the production was hit in the Indian Oil Corporation Limited (IOCL)-owned ... Read more...

Posted in Business |

Sensex up 222.60 points in noon trade


May 24th, 2012 - 2:30 pm ICT by IANS
Mumbai, May 24 (IANS) A benchmark index of Indian equities markets was trading 222.60 points higher around 12.30 p.m. Thursday on a healthy buying spree in bank, oil ... Read more...

Posted in Business |

Petrol price hiked by Rs.7, opposition and allies fret (Intro Roundup)


May 23rd, 2012 - 11:58 pm ICT by IANS
New Delhi, May 23 (IANS) India Wednesday hiked petrol prices by an unprecedented over Rs.7 a litre, triggering protests from the opposition and even government allies. But the industry ... Read more...

Posted in Politics |

Gail, Tidco to set up a JV power plant in Tamil Nadu


May 11th, 2012 - 9:43 pm ICT by IANS
Chennai, May 11 (IANS) The Gas Authority of India Ltd (Gail) and the Tamil Nadu Industrial Development Corporation Ltd (Tidco) would jointly promote a special purpose vehicle to set up ... Read more...

Posted in Business |

Sri Lanka rejects Indian offer to upgrade refinery


April 29th, 2012 - 4:28 pm ICT by IANS
Colombo, April 29 (IANS) Sri Lanka has rejected an Indian offer to upgrade a refinery that is built to refine only Iranian oil, a minister said Sunday.Petroleum Minister Susil Premjayantha ... Read more...

Posted in Business |

‘More companies helping preserve India’s monuments’


April 24th, 2012 - 8:38 pm ICT by IANS
New Delhi, April 24 (IANS) The number of public sector undertakings, private corporations and trusts paying for the maintenance of India's ancient monuments has grown over the years, Kumari ... Read more...

Posted in Life Style |

Oil firms ask government to compensate them


April 17th, 2012 - 11:34 pm ICT by IANS
New Delhi, April 17 (IANS) Three state-owned oil marketing companies (OMCs) Tuesday asked the government to temporarily declare petrol as a regulated commodity, reduce state sales tax and provide hundred ... Read more...

Posted in Business |

Delhi police gears for Anna’s protest


March 24th, 2012 - 6:04 pm ICT by IANS
New Delhi, March 24 (IANS) More than 1,000 police personnel will be deputed here at Jantar Mantar where Anna Hazare will sit on a day-long protest Sunday, a senior ... Read more...

Posted in Uncategorized |

IOC to set up LNG terminal in Chennai


March 22nd, 2012 - 7:57 pm ICT by IANS
Chennai, March 22 (IANS) The Indian Oil Corporation Ltd (IOC) is confident of setting up its Rs.4,500 crore, five million tonne per annum (tpa) liquefied natural gas (LNG) terminal in ... Read more...

Posted in Business |

India asks Saudi Arabia to hike crude oil supply


February 23rd, 2012 - 5:33 pm ICT by IANS
New Delhi, Feb 23 (IANS) In a move seen to fill a possible cut in supplies from sanctions-hit Iran, India Thursday asked Saudi Arabia to raise supply of crude oil ... Read more...

Posted in World |

Indian Oil Corporation’s Q3 net profit up 52.2 percent


February 13th, 2012 - 9:07 pm ICT by IANS
New Delhi, Feb 13 (IANS) State-owned Indian Oil Corporation Monday reported an increase of 52.2 percent in its net profit for the quarter ended Dec 31, 2011 at Rs.2,488.44 crore ... Read more...

Posted in Business |

Sharath avenges National championship loss to Amalraj


February 7th, 2012 - 10:32 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's top paddler Sharath Kamal avenged his loss to Anthony Amalraj at the National Table Tennis Championships last month by beating him in the final ... Read more...

Posted in Sports |

Indian Oil raises Rs.1,400 crore through bond issue


December 16th, 2011 - 6:42 pm ICT by IANS
New Delhi, Dec 16 (IANS) State-run Indian Oil Corporation (IOC) Friday said it has raised over Rs.1,400 crore from the bond markets to meet the capital requirements for its ongoing ... Read more...

Posted in Business |

Firms keen on JVs for oil, gas exploration in Africa: Reddy


December 9th, 2011 - 3:32 pm ICT by IANS
New Delhi, Dec 9 (IANS) Indian companies are keen to enter partnerships and form joint ventures for enhancing oil and gas exploration activities in African countries, Minister of Petroleum and ... Read more...

Posted in Business |

IndianOil, BP MoU for acetic acid plant


November 23rd, 2011 - 8:09 pm ICT by IANS
New Delhi, Nov 23 (IANS) State-run Indian Oil Corporation (IOC) and British Petroleum (BP) Wednesday entered into a memorandum of understanding (MoU) to explore possibilities of the two establishing a ... Read more...

Posted in Business |

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