Indian Oil reported an 11% increase in third-quarter (Q3) revenue but faces lower profits due to market challenges.
HSBC maintained 'buy' ratings on Bharat Petroleum Corp., Hindustan Petroleum Corp., and Indian Oil Corp., but cut target ...
Sunil Kanti has been appointed as the new head of the Guwahati Refinery, replacing P K Basumatary. Kanti brings extensive ...
The company's revenue from operations fell 3 per cent to Rs 2.17 lakh crore in Q3 FY25 from Rs 2.23 trillion in Q3 FY24.
Indian Oil Corporation reported a 64% year-on-year drop in quarterly profit on lower refining margins, higher inventory and ...
Indian refiners Mangalore Refinery and Petrochemical Ltd (MRPL) and Bharat Petroleum Corp Ltd (BPCL) issued tenders this week ...
Inventory losses occur when crude oil purchased at higher prices is later processed and sold at lower prevailing prices, ...
Indian Oil Corporation (IOC) reported a steep 76.57 per cent year-on-year decline in its consolidated net profit to Rs 2,115 ...
The crude oil market is adapting quickly to the new sanctions against Russia's shadow fleet of tankers, albeit by creating ...
Gomi Senadhira “It is easier to fool people than convince them they have been fooled”– Mark Twain The signing of US $3.7 ...
IOCL’s refinery throughput for the third quarter of FY25 stood at 18.110 million tonne as compared with 18.502 million tonne ...
The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the ...