Indian Oil Corporation (IOC)

Order of the National Green Tribunal regarding the deplorable condition of a water tank, Golconda Fort, Hyderabad, Telangana, 05/06/2025

Order of the National Green Tribunal in the matter of In Re: News Item Titled "Neglected Katora Houz in Hyderabad’s Golconda Fort Cries for attention appearing in ‘The Siasat Daily’ dated 25 May 2025". The application was registered suo-motu based on the news item titled “Neglected Katora Houz in Hyderabad’s …

We're ready to roll back price if directed by government: OMCs

Faced with scathing criticism from the Opposition parties and its own allies for the latest petrol price hike of Rs. 1.82 per litre, the state-owned oil marketing companies (OMCs) on Friday put the ball back in the government's court stating that they were ready to roll back the latest hike …

Diesel, LPG, kerosene prices too may go up

With yet another petrol price hike looming large, the Petroleum Ministry said on Wednesday that it was up to the oil marketing companies (OMCs) to decide on the issue since the fuel has been deregulated. On the other hand, Petroleum and Natural Gas Minister S. Jaipal Reddy has sought a …

GAIL to invest $1 bn in shale gas

GAIL India says it has big plans for the fast-emerging shale gas sector. Its move in September to take a 20 per cent stake in Carrizo's Eagle Ford shale asset in America was part of a larger scheme to go deeper into the business. Chairman and managing director B C …

Lanka IOC to introduce Euro III petrol in Sri Lanka

Lanka IOC, a wholly-owned subsidiary of Indian Oil Corporation, will introduce for the first time in the Sri Lankan market, Euro III grade petrol in about a fortnight. Lanka IOC and Ceylon Petroleum Corporation have a duopoly on retail petrol and diesel sale in Sri Lanka. The Lanka IOC Managing …

ONGC to invest in nuclear power plants of NPCIL

State-owned Oil and Natural Gas Corp (ONGC) plans to take up to 49% stake in one of the five proposed nuclear power plants of Nuclear Power Corp of India Ltd (NPCIL). "We are in discussions with NPCIL for incorporating a joint venture for setting up a nuclear power plant. NPCIL …

Nod for capacity doubling of LNG terminal

The Union Ministry of Environment and Forests has sanctioned the proposal of Petronet LNG Limited (PLL) to enhance the re-gasification capacity of its LNG project at Puthuvype in Kochi from 2.5 MMTPA (million metric tonne per annum) to 5 MMTPA. The Expert Appraisal Committee of the Ministry had examined an …

ONGC to invest in nuclear power plants of NPCIL

State-owned Oil and Natural Gas Corp (ONGC) plans to take up to 49 per cent stake in one of the five proposed nuclear power plants of Nuclear Power Corp of India Ltd (NPCIL). “We are in discussions with NPCIL for incorporating a joint venture for setting up a nuclear power …

Environment Min refuses clearance to Chennai Petro pipeline

Citing threats to habitation, the Centre on Friday refused clearance to Chennai Petroleum Corporation Ltd’s Rs 126 crore plan to lay a new crude oil pipeline to its refinery at Manali in Tamil Nadu. The Union Environment Ministry, however, advised the company to suggest “an alternative route” and a fresh …

PIL challenges petrol price de-regulation

“Allowing oil firms to control market will hurt economy” De-regulation by which the three public sector oil companies are empowered to set the price of petrol and other petroleum products has been challenged in a public interest litigation petition in the Supreme Court. The All India Youth Federation (AIYF), represented …

Water in fuel tanks, Rlys derailed

New Delhi: The oil mafia has struck at the IOC depot at Shakurbasti causing heavy losses to the Northern Railways. The gang siphoned off thousands of litres of kerosene and diesel from tanks at the Indian Oil depot and replenished it with water. This adulterated fuel was used by Northern …

Illegal chemical units still thrive

JAIPUR: On June 10th this year, a girl died because of fire that broke out in a chemical factory-cum-house at Baba Harish Chandra Marg. After a gap of four months on October 9 another major fire incident was witnessed at an illegal gas filling centre in Mansarovar's Thadi Market. Even …

Power cos warm up to renewable energy

New Delhi Fossil fuel-based power generators like NTPC, Reliance Power and Lanco Power, and energy majors such as Indian Oil Corporation, Bharat Petroleum, Hindustan Petroleum and GAIL, are warming up to renewable power in a big way as India moves to control its fast-expanding carbon footprint as part of the …

Delhi govt seeks PMO role in gas supply for Bawana power plant

After Reliance Industries refused to supply gas to the Bawana power plant, the Delhi government has asked the Prime Minister’s Office to intervene in getting supply of gas to the Rs 4,500-crore plant. Delhi Chief Secretary P K Tripathi said it was mentioned in the communication to the PMO in …

Government hikes petrol price by Rs 3.14 per litre

The government on Thursday allowed public sector oil companies to hike the price of petrol by Rs 3.14 per litre, further burdening the middle- class. The new price will come into effect from midnight Thursday. Petrol will now cost Rs 66.84 a litre at filling stations in Delhi, and even …

Petrol price up by Rs. 3.14 a litre

Oil companies blame it on rising under-recoveries and increase in international crude oil prices Faced with the rising under-recoveries and continuing increase in the international crude prices, the oil marketing companies announced an increase of Rs. 3.14 in petrol prices on Thursday. The cost of petrol will be Rs. 66.84 …

EGoM to decide on limiting subsidised LPG cylinder supply

In an attempt to curtail the ballooning subsidy bill, an Empowered Group of Ministers (EGoM) led by Finance Minister Pranab Mukherjee will meet on September 16 to take a decision on curtailing the supply of subsidised LPG cylinders to domestic households to between 4 and 6 per year. The government …

Auditor General rebukes Reliance contention

The institution has been auditing ONGC and Oil India for several decades The contention of Reliance Industries Limited (RIL) questioning the competence and scope of the Comptroller and Auditor General (CAG) to carry out an audit of its KG basin facilities was strongly rebuked by the CAG which said the …

India's largest effluent recycling plant at a refinery

Following the commissioning of Tertiary treatment plant at IOCL, Haldia, Doshion Limited has changed the outlook of the petrochem industry towards waste water management. One of its kind in the world, this plant recycles waste water to feed high pressure boiler thus nullifying the myth that waste can't be as …

Subsidizing the fuel will aggravate the fiscal deficit scenario

Subsidizing the fuel will aggravate the fiscal deficit scenario and give rise to inflationary factors that will affect all and not just the actual users, says Ranbir Singh Butola, chairman of fuel retail market leader Indian Oil Corporation.

Saplings planted for carbon neutralization drive

DIGBOI: Coinciding the take-off of the Communication meeting of Carbon (CMC) neutralization initiative of Indian Oil Family slated in New Delhi recently, the Indian Oil people stationed in Digboi teamed up and undertook sapling plantation drive in a park adjacent to the B type housing facility in Muliabari area of …

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