Latest Indian Oil Corporation Ltd News & Updates

Mumbai, May 20 (IANS) Public Sector Oil Marketing Companies (OMCs), including Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. and Hindustan Petroleum Corporation Ltd through State Level Coordinator (Oil Industry) for Maharashtra, Mihir Joshi, on Wednesday assured the people that the availability of essential petroleum products, including petrol, diesel and Liquefied Petroleum Gas (LPG), remains normal and uninterrupted across the state. The overall fuel supply in Maharashtr…

Morbi, April 15 (IANS) Gujarat Gas Limited (GGL) has stepped up efforts to stabilise fuel supply to Morbi’s ceramic industry amid a global energy crunch, with 142 units currently operational following coordinated measures to address supply disruptions and rising costs.​ According to officials, the recovery follows joint efforts by GGL and the Morbi Ceramic Association after a period of severe strain triggered by volatility in global liquefied natural gas (LNG) markets and supply disruptions …

New Delhi, April 9 (IANS) In a significant move toward decarbonising the maritime sector, Deendayal Port Authority (Kandla Port) has advanced its methanol bunkering capabilities, positioning itself as a key player in India’s energy transition efforts and global green shipping corridors, according to a government statement issued on Thursday.The initiative, aligned with the maritime sector’s goal of achieving net-zero emissions by 2050, focuses on adopting low-carbon alternative fuels such as…

Ahmedabad, April 6 (IANS) Gujarat met its monthly LPG requirement of 68 lakh cylinders in March despite a surge in panic bookings triggered by rumours, officials said on Monday, asserting that supplies of petrol, diesel, and cooking gas remain stable across the state.​ Addressing a state-level briefing, Sanjib Kumar Behera, state head and executive director of Indian Oil Corporation Ltd. (IOCL), said LPG demand rose sharply last month, with 75 lakh bookings recorded.​“There were no obstacl…

New Delhi, April 6 (IANS) State-run oil marketing company Indian Oil Corporation Ltd (IOCL) on Monday said commercial LPG supply has recovered to around 70 per cent of pre-crisis levels amid ongoing geopolitical disruptions.The PSU firm further noted that it continues to work towards maintaining reliable and efficient energy access, aiming to support both households and businesses during the current period of uncertainty.Meanwhile, the Ministry of Petroleum and Natural Gas has said that online L…

New Delhi, April 4 (IANS) State-run oil marketing company (OMC) Indian Oil Corporation Ltd (IOCL) on Saturday assured that supplies of petrol, diesel and LPG remain adequate across the country, even as the Centre steps up efforts to minimise any disruption to fuel supply chains amid global uncertainties.The PSU firm said it is closely monitoring its nationwide distribution network and taking necessary steps to prevent hoarding and black marketing of LPG cylinders.In a public advisory shared on X…

Hyderabad, April 3 (IANS) Acting against hoarding and black-marketing of LPG, the Telangana civil supplies department has so far seized 3,699 illegal domestic LPG cylinders, officials said on Friday.​ The department also seized 70 small cylinders. All the cylinders have been seized from March 12 to April 3.​According to an official statement, the value of seized property is Rs. 1.10 crore.​A total of 1,275 cases have been filed under Section 6A of the Essential Commodities Act. Officials s…

Hyderabad, March 25 (IANS) Amid rumours of petrol, diesel and LPG shortages that triggered panic buying and long queues at fuel stations across Hyderabad, the Telangana government on Wednesday assured the public that there is no shortage of any petroleum product in the state.Addressing a press conference, Minister for Civil Supplies and Irrigation, N. Uttam Kumar Reddy, along with Civil Supplies Commissioner, Stephen Ravindra, categorically stated that stocks are more than adequate for the next …

New Delhi, March 6 (IANS) PSU oil marketing companies Bharat Petroleum Corporation Ltd (BPCL) and the Indian Oil Corporation Ltd (IOCL) on Friday dismissed rumours of shortages of fuel — petrol and diesel — in certain areas, calling them “completely unfounded” and “baseless”.In a post on its X handle, BPCL said India’s energy supply remains reliable and resilient, with ample petroleum reserves and uninterrupted supply chains.”There have been some rumours about shortages of petrol and diesel …