The largest oil company in India, Indian Oil Corporation (IOC), has managed to be the highest bidder for half of the natural gas that Reliance Industries and its partner, BP from UK, offered in the most recent auction of the fuel needed to create CNG, generate electricity, and fertiliser. As per reports, IOC got 2.5 […]
Indian Oil (IOC), a public sector oil and gas company reported a 52 per cent growth in its consolidated net profit at Rs 10,841 crore from Rs 7,089 crore in the year-ago period for the quarter that ended in March. The company’s revenue operations jumped 10 per cent Year-on-Year to Rs 2.30 lakh crore […]
IndianOil has said its petroleum products’ market share increased to 42.9 per cent in 2022-23 from 40.8 per cent in 2021-22 while it achieved petroleum, oil and lubricants (POL) sales growth of about 14 per cent year-on-year during 2022-23 (FY23). S M Vaidya, chairman, IndianOil, said the company’s refineries clocked the highest-ever throughput of over […]
