The equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
The companies may make a decision on slashing fuel rates by Rs 5 to Rs 10 a litre after assessing their financial results and considering the potential for future spikes in global oil prices.
IOCL Apprentice Recruitment 2023 online application will be started on December 16. Candidates holding the required qualifications and eligibility criteria can submit applications online at iocl.com. A total of 1,820 vacancies will be recruited through this recruitment drive.
The oil refining and marketing company, which was the top bidder even in the previous auction of gas from the eastern offshore KG-D6 block of Reliance-bp, bid the volumes on behalf of seven fertilizer plants.
Officials said the three firms have been making positive margins on petrol since the fourth quarter of the 2022 calendar year but diesel, which accounts for the bulk of the fuel sales, had been in red.
Citing the statement released by Rosneft, the Russian media reported that the deal was signed during the working trip of Rosneft CEO Igor Sechin to India.
EAM Jaishankar said that India is at a crossroads, “poised between the vibrant plurality of its democracy since independence in 1947 and a turn toward illiberalism” under Modi, and said Modi’s India seems to brim with confidence.
Petrol, Diesel shortage: Rumours about fuel shortage started doing the rounds after long queues over the weekend were spotted at petrol pumps in Rajasthan, Uttarakhand and Gujarat.
Indian Oil has vacancies for JE, Assistant and other posts. Check all details regarding recruitment in this article.
The vacancies are for engineers post in chemical, civil, electrical, instrumentation and mechanical engineering disciplines. Apply till July 26 at iocl.formflix.com
IndianOil launched its 5 kg free trade LPG (FTL) cylinder, named "Chhotu", in New Delhi on Friday.
Indian Oil Corporation Ltd (IOCL) is in the process of developing LPG from biomass and would succeed in another two to three years, a senior official in the R and D wing of IOCL said on Friday.
Four people, including an employee of IMC Group and three labourers, were killed after the private company's storage tank containing 1,700 tonnes of methanol caught fire following an explosion at 1.30 pm on Monday.
Blast in Indian Oil refinery: A blast has taken place in a chemical warehouse close to Indian Oil refinery near Kandla port in Gujarat. Fire tenders are present at the spot and firefighting operation is underway. 3 are reported dead.
The Union Environment Ministry has given its clearance to Indian Oil Corporation for setting up a 2G ethanol plant in Panipat, it was announced on Sunday.
The minimum government holding required for an entity to qualify as a central public sector enterprise (CPSE) is 51 per cent.
Declining to give details of the agreement reached at talks earlier this week, the spokesperson said Air India has agreed to payment terms for future ATF purchases.
IOCL Recruitment 2019: Indian Oil Corporation Limited has announced job vacancies for experienced non-executive personnel post. Candidates should apply to IOCL Recruitment 2019 by visiting the official website iocl.com. Candidates should read on to know the eligibility criteria, application fee, steps to apply and vacancy details before applying for Indian Oil Corporation.
The tripartite agreement, reached a couple of months ago, became operational only now after the requisite number of driver registration for the programme was achieved.
India's largest bank and public sector oil giant have come up with an offer to give away five litres of petrol.
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