Page 4 - Indian Oil

Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

Crude prices have received broad support from voluntary supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) aimed at tightening the market

Indian Oil eyes $1.5 billion savings with own plant technology

Indian Oil has created its own processes using catalysts and hydro-cracking to convert crude oil into fuels such as gasoline, diesel and liquefied petroleum gas

Indian Oil gains 5% on 1:1 bonus, interim dividend of Rs 19 per share

The state-owned oil marketing company reported net profit at Rs 78.83 billion in Q3FY18 against Rs 39.95 billion in year ago quarter.

Indian Oil gains 4% on bonus issue proposal

The stock was up 4% to Rs 399 in intra-day trade after the company announced that the board may consider issue of bonus shares in meeting scheduled on January 30, 2018.

IOC to invest Rs 32,000 cr to ramp up petrochemicals capacity by FY21

Indian Oil has already executed petrochemicals projects worth Rs 20,800 crore

Indian Oil to supply fuel to Nepal for the next five years

India has supplied all Nepal's fuel needs since 1974

Indian Oil may regularly export jet fuel; offers rare cargo

India has halted imports of kerosene since July 2015