IndianOil top bidder for Reliance's KG gas for 2nd auction in a row

Indian Oil Corporation (IOC), the nation's largest oil firm, has walked away with half of the natural gas that Reliance Industries Ltd and its partner bp of the UK offered in the latest auction of......

IOC posts highest revenue by any Indian co, record profit in FY22

Indian Oil Corporation (IOC), the nation's biggest oil firm, on Tuesday reported a 31.4 per cent drop in the fourth quarter net profit as record refining margins were wiped away by a margin squeeze......

Modi govt's fiscal may get a helping hand from cooling crude oil prices

A gradual decline in the global crude oil price, coupled with a phased decontrol of diesel prices since January last year, could bring the fuel’s price to the same level as the market rate......

Oil firms to introduce lottery system for fuel dealers

The oil marketing companies (OMCs) — IndianOil Corporation, Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — would soon introduce a lottery system to......