Surat: The Surat city crime branch has arrested Sandeep Gupta from Ahmedabad for stealing crude oil by puncturing the pipeline of IOCL (Indian Oil Corporation). Sandeep is allegedly the mastermind behind an inter-state gang that stole crude oil, causing a loss of more than Rs. 400 crores to the national wealth. Acting on a tip-off that Sandeep, also known as Sandy, was residing in Ahmedabad, a team from the Surat city crime branch arrived in Ahmedabad and arrested the accused from SG Highway....Read More

Vadodara: The Vadodara Municipal Corporation (VMC) and Indian Oil Corporation Limited (IOCL) have entered into a 15-year water purchase agreement. The agreement involves IOCL purchasing treated water from VMC's Treated Waste Water (TWW) plant located at Rajiv Nagar, Vadodara. The collaboration between VMC and IOCL is expected to generate annual revenue ranging from Rs 7 crore to Rs 20 crore for the municipal corporation. Yesterday, IOCL's Executive Director Rahul Prashant handed over the firs...Read More

Vadodara: Minister of State for Commerce & Industry Som Prakash and local LokS abha member Ranjanben Bhatt visited the first Hydrogen Dispensing Station of the country at the Gujarat refinery in Vadodara recently. Gujarat Refinery of Indian Oil Corporation established a Hydrogen Dispensing Unit last year. Petroleum and Explosive Safety Organisation (PESO) granted approval to the unit. The unit has a capacity of fueling 25 vehicles daily on an 8-hour basis with hydrogen. The fuel cell can al...Read More

Gandhinagar: Central public sector undertaking, Indian Oil Corporation has approved the investment proposal of more than ₹4000 Crore in Gujarat for a PVC (polyvinyl chloride) manufacturing facility. According to sources, the Corporation board approved the investment proposal recently, so that India can reduce its dependency on the import of resin which has huge demand in sectors such as Infrastructure, pipe making, cellphones and automobiles. With imports of more than 2 Million tons, Ind...Read More

By Japan K Pathak, New Delhi/Panipat: Petrol that you purchase from petrol pumps for your vehicle has 10 per cent portion of Ethanol mixed in it. This Ethanol is domestically produced and therefore the import bill on that much of petrol is saved for the country. The Government of India has plans to increase the proportion of Ethanol in petrol to 20 per cent by 2025. It will save 20 percent import bill on import of crude oil. While country is gearing up to achieve this target, it is also adopting...Read More

New Delhi: 7718955555 has been declared as a new booking phone number for Indane gas cyllinder refills across India, The Indian Oil Corporation ( IOC ) announcement reads. The number is available for the customers on round the clock basis through SMS and IVRS. Even when customers shift from one telecom circle to another across India, their Indane refill booking number remains same. The present system of telecom circle wise phone numbers for booking Indance cylinder refill has been discontinued o...Read More

Vadodara: Indian Oil owned Gujarat Refinery is investing Rs 1330 crore in two phases to make proper revamp of the diesel refining unit of the around five decade old refinery based in Vadodara and will start supply of BS- IV grade of diesel and petrol from January 2017, Executive Director of the refinery, S K Dhar Gupta today informed. For further upgrade of equipment and machinery to produce BS VI standard diesel and petrol from April 1, 2020, the Refinery will have to make additional es...Read More

Vadodara: Indian Oil Corp-owned Gujarat refinery will supply Bharat Stage(BS)-IV compliant diesel from January 2017, a senior official has said. "For producing BS-IV complaint fuel, IOC is spending Rs 1,800 crore towards revamping its three diesel treating and hydro-treating units at Gujarat Refinery. "The investment is part of quality upgradation exercise undertaken to meet emission standards set under the Central Government's auto fuel policy," IOC Executive Director S K Dhar Gupta told ...Read More