Indian Oil Corporation Current Affairs - 2019

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MCC-Murugappa Gold Cup: IOC beats PNB

Indian Oil Corporation (IOC) emerge champion in the 93rd All-India MCC-Murugappa Gold Cup hockey tournament by defeating Punjab National Bank (PNB) with 3-1 in final held at Chennai, Tamil Nadu. Murugappa Group Chairman M M Murugappan gave away trophy to the winning team. Key Highlights IOC, the defending champion of the season, after a goalless Read More…

Month:  Categories: Sports & Games

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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 117 as top-ranked Indian company. State-owned IOC had been top-ranked Indian company on list for Read More…

Month:  Categories: Business, Economy & Banking

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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 of trial, diesel was released from Motihari which reached Amlekhgunj. It is expected to be Read More…

Month:  Categories: International

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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 in the country to leapfrog from BS-IV grade petrol and diesel to BS-VI fuels. Bharat Read More…

Month:  Categories: Environment & Biodiversity

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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 the Abu Dhabi Onshore Block 1 Concession. Both IOC and BPRL hold 50 per cent each in Urja Bharat Read More…

Month:  Categories: Business, Economy & Banking

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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), at a cost of Rs 5,151 crore inside Kamaraj Port at Ennore. The project was Read More…

Month:  Categories: Business, Economy & Banking

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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 of the Survey The major highlights of the performance of CPSEs are: Indian Oil Corporation, Read More…

Month:  Categories: Business, Economy & Banking

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