India buys crude from clean entities, no embargo on Russian oil, says IOCL Chairman

Feb 12, 2025

India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian...

Crude prices to remain unaffected by US tariff threat, supply chain disruptions may occur says IOCL Chairman

Feb 12, 2025

Amid the ongoing tariff threat from the US President Donald Trump, the crude oil prices will not be affected by it, says A S...

Indian Oil set to produce fuel for Formula 1 cars

Mar 06, 2024

Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Odisha's Paradip refinery, said SM Vaidya, Chairman, IOCL,...

RINL and IOCL sign 5-year MoU for supply of hydraulic and lubricating oils from 2024 to 2029

Aug 27, 2024

The exchange took place in the presence of prominent officials including R. Uday Kumar, Executive Director (Lubes) of IOCL, U. Sridhar, CGM (Works) I/c...

Moody's affirms stable outlook for BPCL, IOCL

Jul 18, 2024

Moody's Ratings on Thursday affirmed a stable outlook for state-owned oil companies Indian Oil Corporation Ltd (IOCL) and Bharat Petroleum Corporation Limited (BPCL).

High fuel prices not good for both oil producer, consumer countries: Indian Oil chief

Nov 03, 2021

New Delhi [India], November 3 : Stating that higher fuel prices are not good for both Oil producing and Oil consuming countries, Indian Oil...