Latest IOCL News & Updates

Tumkur, April 24 (IANS) Abhay Singh and Nipam claimed the titles as they emerged as the fastest male and female athletes on Day One of the 24th National Junior (U20) Athletics Federation Competition at the Mahatma Gandhi Stadium in Tumkur, Karnataka, on Friday.Abhay Singh, representing Reliance Foundation, raced to victory in the men’s 100m dash. His winning time of 10.41 seconds was better than the Asian junior qualification time of 10.46 seconds and the meet record of 10.47 seconds set by Gu…

New Delhi, April 21 (IANS) The supply of LPG to domestic households has been prioritised and cylinders are being delivered normally with no reports of dry outs at LPG distributorships, according to an official update issued by Petroleum Ministry on Tuesday.More than 5.01 lakh PNG connections have been gasified so far since March this year while over 5.68 lakh customers have been registered for new connections. Around 39,400 PNG consumers have surrendered their LPG connections via MYPNGD.in websi…

New Delhi, April 20 (IANS) LPG supply continues to be affected by the prevailing geopolitical situation, the government said on Monday, adding that supply of LPG to domestic households has been prioritised, as online LPG cylinder bookings increased to 99 per cent on industry basis.Delivery authentication code (DAC) based deliveries have increased to around 92 per cent to prevent diversion. DAC is received on the registered mobile number of the consumer.“Many of the LPG distributorships were op…

New Delhi, April 15 (IANS) Average auto LPG sales by public sector oil companies have risen to 282 metric tonnes (MT) a day in April this year from 177 MT a day in February as the supply for the transport sector is being maintained along with the domestic sector, the Ministry of Petroleum and Natural Gas said on Wednesday.A total of 1,34,226 metric tonnes of commercial LPG has been sold since March 14 this year, which includes more than 8000 MT of auto LPG.Over 14.6 lakh 5-kg free trade LPG cyli…

New Delhi, April 14 (IANS) The supply of domestic LPG remains normal in the country and over 1.1 lakh 5 kg LPG cylinders used by migrant labourers for cooking were sold across the country on Monday, taking their total number to 14.3 lakh since March 23, according to the latest update issued by the Ministry of Petroleum and Natural Gas on Tuesday.The daily average of small 5kg cylinders has gone up from 77, 000 in February this year, before the Iran war started, to about 1.1 lakh, as on Monday.On…

New Delhi, April 12 (IANS) The distribution of domestic LPG in the country remains normal with more than 52.3 lakh domestic LPG cylinders delivered on Saturday and no dry-outs reported at any distributorship, the Ministry of Petroleum and Natural Gas said on Sunday.Online LPG bookings have increased to about 98 per cent, and deliveries based on the Delivery Authentication Code (DAC) have increased to around 93 per cent to prevent diversion at the distributor level, according to an update issued …

Bengaluru, April 8 (IANS) The Karnataka government on Wednesday clarified that there is no shortage of auto LPG in the state. The government has also further appealed to auto owners and drivers not to panic or believe in rumours, assuring them that there is adequate supply in the system.In a statement, the Food, Civil Supplies and Consumers’ Affairs department stated that auto drivers across the state have reported hardship due to irregular availability of gas, with many spending hours at bunk s…

Mumbai, April 6 (IANS) Amid rising geopolitical tensions in the Middle East that have strained global petroleum supply chains, the Maharashtra government, in coordination with major Oil Marketing Companies (OMCs), on Monday issued a firm assurance of adequate fuel availability across the state.​ State authorities and representatives from Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), and Hindustan Petroleum Corporation Limited (HPCL) confirmed that stocks o…

Surat, April 4 (IANS) Customers applying for new domestic piped natural gas (PNG) connections by June 30 will receive a discount of Rs 500, Gujarat State Petroleum Corporation (GSPC) Managing Director Avantika Singh Aulakh said during a review meeting in Surat on Saturday.​ The discount will be available in areas with existing gas pipeline infrastructure, and the amount will be credited to the consumer’s bill after the connection is installed.​Aulakh said the measure is aimed at encouragin…

New Delhi, April 2 (IANS) The government’s calibrated 8.5 per cent hike in aviation turbine fuel (ATF) prices for domestic airlines may offer short-term relief to oil marketing companies (OMCs), according to analysts.Analysts at global brokerage firm Nomura have estimated that state-owned fuel retailers continue to lose heavily on ATF sales amid a war-driven surge in global oil prices.At current prices, the brokerage has estimated that OMCs are losing around Rs 64 per litre on domestic ATF sales…