Page-2 of Indian Oil Corporation
RIL becomes highest-ranked Indian company on Fortune Global 500 list
Mukesh Ambani-led Reliance Industries Ltd. (RIL) becomes highest-ranked Indian company on Fortune Global 500 list. It has jumped 42 places and was ranked 106 this year. Key Highlights In this year’s list, RIL replaced Indian Oil Corporation (IOC) which ranked ..
Month: Current Affairs - July, 2019
Motihari-Amlekhgunj Oil Pipeline ready for commercial operation
The landmark Motihari-Amlekhgunj Petroleum Products Pipeline between India and Nepal is now completed and is ready for commercial operation. The testing transfer of the pipeline was successfully completed by Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC). As part ..
Month: Current Affairs - July, 2019
12 NCR districts, Agra switch to BS-VI Fuel
The Indian Oil Corporation has stated that Supply of ultra-clean BS-VI grade petrol and diesel has begun in cities adjoining the national capital. The rest of the country will follow suit from April 2020. New Delhi is the first city ..
Month: Current Affairs - April, 2019
IOC-BPRL acquires oil block in Abu Dhabi
The consortium of State-owned Indian Oil Corporation (IOC) and Bharat PetroResources Ltd (BPRL), Urja Bharat Pte Ltd has acquired an oil block in Abu Dhabi, where the two will invest USD 170 million. About the Acquisition Urja Bharat Pte Ltd has been awarded 100 per cent stake in ..
Month: Current Affairs - March, 2019
PM inaugurates IOC's Ennore LNG Import Terminal
Prime Minister Narendra Modi inaugurated the Indian Oil Corporation’s (IOCs) LNG terminal at Ennore. LNG Terminal Ennore terminal is ambitious terminal for storage and re-gasification of imported LNG, built by the nation’s largest fuel retailer Indian Oil Corporation Limited (IOCL), ..
Month: Current Affairs - March, 2019
2nd Asia LPG 2019 Summit
The 2nd edition of the Asia LPG Summit 2019 was held in New Delhi with theme ‘LPG – Energy for Life’. The summit was organized by the World LPG Association (WLPGA) in association with major Indian public-sector oil companies (OMCs) ..
Public Enterprises Survey 2017-18
The Public Enterprises Survey 2017-18 was tabled in the Parliament. The Survey mapped the performance of the various central public sector units. The survey was undertaken by the Department of Public Enterprises, Ministry of Heavy Industries & Public Enterprises. Findings ..
Month: Current Affairs - December, 2018
Ethanol plant: Haryana Government inks MoU with IOC to stop straw burning
Haryana Government has signed Memorandum of Understanding (MoU) with Indian Oil Corporation (IOC) to set up ethanol plant at village Bohali village in Panipat district with an outlay of over Rs. 900 crore. The MoU will be valid for one ..
Month: Current Affairs - September, 2018
PSUs – IOCL, ONGC, GAIL, OIL, and NRL sign a joint venture agreement for executing North – East Natural Gas Pipeline Grid (N-ENGPG) in Guwahati
In a major initiative to connect all the North-East (N-E) states to the National Gas Grid, the 5 central oil PSUs – IOCL, ONGC, GAIL, OIL, and NRL – have signed a joint venture agreement for executing the North – ..
India gets first-ever U.S. crude shipment
India received first ever shipment of US crude oil of 1.6 million barrels, purchased by state-run Indian Oil Corporation (IOC) at Paradip Port in Odisha. It was imported on board of MT New Prosperity, a very large crude carrier (VLCC) ..