Despite heavy decline crude oil prices and decline in the refining margins, state owned oil and gas company Indian Oil Corporation (IOC) registered a profit. For the period between October-December the company saw a profit of Rs 716.8 crore. In the same period a year ago, company had reported a[Read More…]
Tag: Indian oil
Indian Oil to invest Rs. 16,641 crore in Tamil Nadu
Chennai: Indian Oil Corporation Ltd (IOC) on Wednesday said it would invest Rs. 16,641 crore in Tamil Nadu for expanding its retail outlet network, upgrading its infrastructure and laying of gas distribution pipelines. The company signed a Memorandum of Understanding (MoU) with the Tamil Nadu government. According to IOC, it[Read More…]
India sells Petrol at Rs 34 litre to 15 countries, but double price to Indians: RTI Report
Through an RTI report, RTI activist from Punjab, Rohit Sabrawal revealed that India is selling Rs 34 per litre Petrol to 15 countries and Rs 37 per litre diesel to 29 countries while Indian citizens have been availing the same Petrol and diesel for more than double the price. In[Read More…]