IndianOil in Media

 

  • Spot crude buying time cut to two hours
    New Delhi, February 06, 2017
    Indian Oil Corporation (IndianOil) has brought down the buying time for some of its spot cargoes to two hours, sharply shrinking from 30 hours just one and a half years ago, a move that would help the country’s largest refiner bring down crude cost and boost margin.

  • Merged PSU energy giant to have global edge: IndianOil, Chairman
    New Delhi, February 06, 2017
    The merger of state-run energy companies will provide India the muscle to acquire assets abroad and negotiate better, but the business model of the new entity thus created will be key to its success, chairman of the country’s largest oil marketing firm said.

  • IndianOil to foray into Bangladesh, Myanmar and others
    New Delhi, February 01, 2017
    In a strategy that may work in tandem with the Look East policy of India, state-run Indian Oil Corporation is set to foray into retail, pipeline and refinery sectors in Bangladesh, Myanmar, Vietnam and Nepal.


  • IndianOil Q3 profit jumps 29% to Rs3,995 crore
    New Delhi, January 31, 2017
    State-owned refiner Indian Oil Corp. on Tuesday reported a 29% jump in net profit for the October-December period to Rs3,995 crore, helped by better refining margins and a jump in petroleum product sales.


  • BW Real 500: Riding On Growth
    New Delhi, January 18, 2017
    Indianoil corporation maintained its second position in the BW Real 500 list this year as well. Notably, the company has doubled profits in the financial year of 2015-16 in comparison with the previous year.



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The above are daily gleanings from the media for information purposes only and do not purport to be the views, comments and/or observations of IndianOil or its spokespersons.

Please visit the News Releases section for official media updates issued by IndianOil.