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Indian Oil Corpn Ltd (IOC.NS)

IOC.NS on National Stock Exchange of India

409.05INR
7:04am GMT
Change (% chg)

Rs-4.10 (-0.99%)
Prev Close
Rs413.15
Open
Rs412.70
Day's High
Rs414.00
Day's Low
Rs400.80
Volume
2,178,563
Avg. Vol
4,380,347
52-wk High
Rs462.95
52-wk Low
Rs299.20

Latest Key Developments (Source: Significant Developments)

Indian Oil Corp exec says state oil cos jointly looking at buying stake in producing field in UAE
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corpn Ltd :Indian Oil Corp Ltd exec says no immediate plan to sign term deal for import of U.S. crude‍​.Indian Oil Corp Ltd exec says co aims to start trading from Singapore office in 1-2 months.Indian Oil Corp Ltd exec says state oil cos jointly looking at buying stake in producing field in UAE.Indian Oil Corp Ltd exec says co aims to hold 13.5 mln tonnes/yr LNG import facilities in 5 yrs.Indian Oil Corp Ltd exec says co looking at signing long term LNG supply deals‍​‍​.  Full Article

Indian Oil Corp exec says co sees India's annual gasoline demand rising 9-10 pct in 2017/18
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Indian Oil Corp Ltd exec says average gross refining margin for June-Sept period was $7.98 per barrel versus $4.32 per barrel last year‍​.Indian Oil Corp Ltd exec says July-Sept period inventory gains at 10.56 billion rupees‍​.Indian Oil Corp Ltd exec says co sees India's annual gasoline demand rising 9-10 percent, diesel over 3 percent in 2017/18.Indian Oil Corp Ltd exec says co may export 3-4 cargoes of diesel in 1-2 months‍​.  Full Article

Indian Oil Corp Sept-qtr profit up 18.4 pct
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Says Sept quarter net profit 36.96 billion rupees.Sept quarter revenue from operations 1.11 trln rupees versus 1 trln rupees last year.Average gross refining margin $6.08 per barrel for April-Sept period.Net profit in Sept quarter last year was 31.22 billion rupees.Consensus forecast for Sept quarter net profit was 63.45 billion rupees.  Full Article

Indian Oil Corp exec says exploring retail sales, supply of gas, pipeline in Bangladesh, Myanmar
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Indian Oil Corporation Ltd exec says::Exploring retail sales, supply of gas, pipeline in Bangladesh, Myanmar.  Full Article

Indian Oil Corp March-qtr profit up about 85 pct
Thursday, 25 May 2017 

May 25 (Reuters) - Indian Oil Corpn Ltd :March quarter net profit 37.21 billion rupees.Consensus forecast for march quarter net profit was 37.95 billion rupees.March quarter total income 1.24 trln rupees.Net profit in march quarter last year was 20.06 billion rupees as per Ind-AS; total income was 994.61 billion rupees.Recommended dividend of 1 rupee per share.April-march 2017 average gross refining margin $7.77 per barrel.  Full Article

Hindustan Oil Exploration says award of two contract areas in consortia with Oil India
Thursday, 16 Feb 2017 

Hindustan Oil Exploration Company Ltd : Says award of two contract areas to the company in consortia with Oil India Limited . One of the contract area is offshore field B-80, located in the Mumbai offshore . Other contract area is onshore field Kherem located in Arunachal Pradesh .HOEC has 50% participating interest in the offshore field B-80 and 40% in the onshore field Kherem.  Full Article

Coal India signs JV with NTPC, IOC for revival of Barauni & Sindri fertiliser units
Tuesday, 1 Nov 2016 

Coal India Ltd : Says supplementary joint venture agreement . Says in addition to revival of Sindhri & Gorakhpur units, decided to revive the Barauni fertilizer unit of HFCL . Indian Oil Corp, Fertilids corp of india and Hindustan Fertilisers joined in JV .In joint venture agreement, CIL, NTPC, IOCL each will hold 29.67 percent shares; FCIL & HFCL together will hold remaining 10.99 percent shares.  Full Article

Indian Oil Corp says JV with Oil India, Bharat PetroResources completes 2 acquisitions
Wednesday, 5 Oct 2016 

Indian Oil Corpn Ltd :JV completes buying 23.9 pct shares of charter capital of JSC vankorneft, 29.9 pct of participatory share in charter capital of LLC TYNGD.  Full Article

Engineers India to provide consulting services for BS-VI project at IOCL refineries
Tuesday, 6 Sep 2016 

Engineers India Ltd : To provide consulting services for implementation of BS-VI project at six refineries of IOCL .  Full Article

India's IOC exec says co aims to halt naphtha exports from Paradip refinery in Jan
Monday, 29 Aug 2016 

Indian Oil Corpn Ltd : IOC exec says CCR unit at Paradip refinery to begin operation in 2 weeks, cut naphtha exports . IOC exec says owe $ 111 million to Iran for old oil purchases . IOC exec says LNG production from Canada project delayed to 2021 versus initially planned 2019 . IOC exec says appointed a consultant to suggest ways to monetise gas fron Farzad B field in Iran . IOC exec says hope to sign deal with Iran on Farzad B block by end October . IOC exec says co aims to halt naphtha exports from Paradip refinery in January; to raise gasoline output . Further company coverage [IOC.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

India ups import tax on petcoke in blow to U.S. refiners

NEW DELHI, Dec 15 India has raised the effective import duty on petroleum coke to 10 percent from 2.5 percent, according to a government order, days after the government told a court it was in favour of curbing the use of the dirty-burning fuel.