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Topic: Indian Oil Corporation


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In the News (Sun 29 Nov 09)

  
  Indian Oil Corporation - Wikipedia, the free encyclopedia
Indian Oil Corporation Limited or IOC is an Indian company.
The Indian Oil Corporation was established in 1959 as Indian Oil Company Limited which was merged with Indian Refineries Limited in 1964 to form IOC as it is known today.
Beginning in 1959 as Indian Oil Company Ltd., Indian Oil Corporation Ltd. was formed in 1964 with the merger of Indian Refineries Ltd. (Estd.
en.wikipedia.org /wiki/Indian_Oil_Corporation   (1001 words)

  
 Facts about topic: (Indian Oil Corporation)   (Site not responding. Last check: 2007-10-08)
Indian Oil Corporation Limited or IOC is an India (A republic in the Asian subcontinent in southern Asia; second most populous country in the world; achieved independence from the United Kingdom in 1947) n company.
It was established in 1959 as Indian Oil Company Limited which was merged with Indian Refineries Limited in 1964 to form IOC as it is today.
The Corporation is implementing a master plan to emerge as a major player in petrochemicals by integrating its core refining business with petrochemical activities, besides making large investments in E&P and import/marketing ventures for oil and gas in India and abroad.
www.absoluteastronomy.com /encyclopedia/i/in/indian_oil_corporation.htm   (1076 words)

  
 Indian Oil Corporation Limited
Indian Oil Corporation Limited is the largest commercial undertaking engaged in oil refining, transportation and marketing of petroleum products in India.
Indian Oil has record capacity utilisation of its refineries while the pipeline network has been expanded to 6,268 kms.
Indian Oil is the canalizing agency for the import of crude oil and major petroleum products.
indiapublicsector.com /Iocl_Profille1.htm   (180 words)

  
 Equitymaster.com : Related Views on News
The press release from Indian Oil Corporation (IOC) reads as “Indian Oil Corporation Ltd has informed BSE that the Board of Directors of Company in their meeting held on December 22, 2004 have approved the Scheme of Amalgamation for merger of IBP Company Ltd (IBP) with the Company.
Indian Oil Corporation, the country’s largest downstream petroleum sector company, posted a decent growth in the top-line in 2QFY05 with nearly 20% while the bottomline dipped by over 31% as a result of a freeze on pricing by the government in the face of rising input costs.
Indian oil companies have been aggressively announcing plans to ramp up their retail presence in the face of competition from private players.
www.equitymaster.com /f-detail.ASP?Symbol=IOC   (646 words)

  
 Encyclopedia: Indian Oil Corporation   (Site not responding. Last check: 2007-10-08)
IOC can stand for Indian Oil Corporation Input/Output Controller International Olympic Committee International Organized Crime Inversion of Control Iron Ore Company of Canada This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title.
Nodding donkey pumping an oil well near Sarnia, Ontario Petroleum (from Latin petra – rock and oleum – oil), crude oil, sometimes colloquially called fl gold, is a thick, dark brown or greenish liquid.
Indian Oil Corporation Limited or IOC is an India n company.
www.nationmaster.com /encyclopedia/Indian-Oil-Corporation   (475 words)

  
 Indian Oil Corporation Limited - Company Profile - Energy Business Review   (Site not responding. Last check: 2007-10-08)
The extent of the under-recoveries suffered by the oil marketing companies in India, including Indian Oil, which was a cause of worry, were to some extent reduced by the upward revision in prices of MS and HSD after six months, and LPG prices after two years, in June 2004.
Consequently, the Corporation's debt: equity ratio is down to 0.53:1 as on 31st March, 2004 from 0.77:1 as on 31st March 2003.
Your Corporation's maiden pipeline in the south, the Chennai-Trichy-Madurai pipeline, is expected to be commissioned by September 2005.
www.energy-business-review.com /companyprofile.asp?guid=2EC8C8EF-6BD1-4C4C-BA85-01F25655C6DE   (3648 words)

  
 Alexander's Gas & Oil Connections - Saudi Aramco and Indian Oil Corporation sign MoU
Earlier, Aiyar disclosed that Hindustan Petroleum Corporation Ltd. (HPCL) was interested in setting up a refinery in Saudi Arabia as part of his country's plan for long-term crude contracts with the Kingdom.
India is also inviting Saudi investment in oil refining and fuel retailing and exploring opportunities to invest in developing gas fields in the Kingdom.
Indian state-owned oil firms already have stakes in oil and gas fields in 12 countries -- Russia, Sudan, Iran, Iraq, Libya, Egypt, Qatar, Ivory Coast, Australia, Vietnam and Myanmar.
www.gasandoil.com /goc/company/cnm51629.htm   (615 words)

  
 Daily Excelsior...Business
Indian Oil Corporation (IOC) said today that it would become a Rs 100,000 crore company during the current fiscal with estimated net profit of Rs 2,700 crore while outlining its investment plans of about Rs 60,000 crore by the end of the tenth plan period (2007).
State-owned Indian Oil Corporation Ltd, recognised as one of the largest downstream petroleum companies in the world, increased its turnover by 36 per cent and the net profit by ten per cent in 1999-2000 as compared to the previous.
Indian Oil continues to maintain its position as the lone Indian presence in the fortune ‘Global 500’ listing of world’s largest corporations, for the sixth consecutive year.
www.dailyexcelsior.com /00sep12/busi.htm   (2595 words)

  
 Company Profile:IOCL   (Site not responding. Last check: 2007-10-08)
Indian Oil Corporation organized the 11th International Aviation Conference at Hyderabad, which was attended by representative of major international airlines, IATA, aviation equipment manufactures and Government.
Indian Oil Corporation produced 3.96 lakh metric tones of lubes and 0.13 lakh tonne of grease during the year.
The human resources in Indian Oil Corporation was 31,675 strong as on 31.03.2002, of which 9,728 are in the Officers cadre and 21,947 are in the Staff cadre.
www.shilpabichitra.com /shilpa2003/east027.html   (3494 words)

  
 domain-B - Indian business : News Review : 14 July 1999 : companies
Kochi: Indian Oil Corporation is understood to have informed the government that the new equity subscription plan proposed by it for Petronet LNG is not acceptable to it.
Under the original plan Indian Oil and Bharat Petroleum were the two important equity holders in the LNG project.
Indian Oil, Bharat Petroleum, Gas Authority of India and Oil and Natural Gas Corporation are the original promoters of Petronet LNG, a project to import, store and supply LNG.
www.domain-b.com /news_review/199907jul/19990714newsa.html   (1658 words)

  
 Alexander's Gas & Oil Connections - Tehran mandates New Delhi to import 5 mm tons of Iran's LNG a year
Deputy Oil Minister for International Affairs Mohammad Hadi Nejad-Hosseinian said that Iran would give a 20 % stake to Indian enterprises in the project for development of its southern Yadavaran oil field in exchange for purchase of 5 mm tpy of LNG for a period of 25 years.
Indian Petroleum Secretary Sushil Chand Tripathy, leading a high-level delegation, arrived in Tehran on a two-day official trip.
The Indian official had told that the Indian delegation would discuss the modernization of Tabriz and Tehran refineries, the contract for which has been given to Indian Oil and Engineers India Limited (EIL).
www.gasandoil.com /goc/news/nts44998.htm   (509 words)

  
 HPCL seeks role in IOC venture- The Times of India   (Site not responding. Last check: 2007-10-08)
IOC has entered into a 30-year tieup with the Adani Group for building a single buoy mooring that can unload crude from VLCCs (very large crude carriers), which are more economical than smaller tankers.
Indian Oil Corporation director (pipelines) A M Uplenchwar confirmed the move but declined to disclose further details.
Indian Oil Corporation plans to pump up to 8 million tonnes of crude per year to meet extra demand arising from Panipat refinery expansion.
timesofindia.indiatimes.com /articleshow/msid-64681,prtpage-1.cms   (372 words)

  
 The Hindu Business Line : Indian Oil Corporation: Hold
Indian Oil's second quarter performance owes as much to the favourable impact of deregulation as the prevailing regime of high global oil prices.
Indian Oil's refining margin in the second quarter was around $3.5 per barrel, almost double that in the same period last year.
Indian Oil has also gained from the increased `other income' of Rs 611.58 crore following receipt of higher dividends from Oil and Natural Gas Corporation and Gas Authority of India, where it holds equity of about 10 per cent and five per cent respectively.
www.blonnet.com /iw/2002/11/24/stories/2002112400220800.htm   (688 words)

  
 MENAFN - Middle East North Africa . Financial Network News: Indian Oil Corporation (IOC) signed a Memorandum of ...   (Site not responding. Last check: 2007-10-08)
Financial Network News: Indian Oil Corporation (IOC) signed a Memorandum of Understanding with Saudi Aramco as part of the country's plan for long-term oil contracts with the...
Indian Oil Corporation (IOC) signed a Memorandum of Understanding with Saudi Aramco as part of the country's plan for long-term oil contracts with the...
India is inviting Saudi investment in oil refining and fuel retailing and exploring opportunities to invest in developing gas fields in the Kingdom.
www.menafn.com /qn_news_story_s.asp?storyid=86054   (167 words)

  
 TamilNet: 30.05.03 Chinabay oil tank farm modernization to begin
Ram Naik Thursday unveiled the foundation stone laid for the modernization of oil tank farm at Chinabay in Trincomalee, which is to be implemented at a cost of three hundred million Sri Lankan rupees.
Nirupam Sen, Secretary to the Indian Ministry of Petroleum and Natural Gas Mr.B.K.Chaturvedi, the Chairman of the Indian Oil Corporation Mr.S. Ramachandran and the Chairman of the newly incorporated Lanka Indian Oil Corporation Mr.N.K.Nayyar and several other officials attended the event, sources said.
Lanka IOC as a wholly owned subsidiary of Indian Oil was incorporated to bring world-class products and services to the people of Sri Lanka.
www.tamilnet.com /art.html?artid=9088&catid=13   (360 words)

  
 Equitymaster.com : Related Views on News
According to newspaper reports, the central government is planning to divest 15% of Indian Oil Corporation's (IOC) equity via the book building route.
According to newspaper reports, the Indian Oil Corporation (IOC) has decided to expand the capacity of its refinery at Koyali (Baroda) to 18 m tonnes from the planned 12.5 m tonnes.
According to newspaper reports, Indian Oil Corporation (IOC) is examining the prospects of buying 26% stake in Essar Oil refinery (12 m tonnes per annum capacity).
www.equitymaster.com /c-detail.asp?symbol=ESRO   (319 words)

  
 Gorkhali.Com : Indian Oil Corporation proposes to lay pipeline to Nepal   (Site not responding. Last check: 2007-10-08)
Gorkhali.Com : Indian Oil Corporation proposes to lay pipeline to Nepal
Indian Oil Corporation proposes to lay pipeline to Nepal
State-run Indian Oil Corp has proposed to lay a Rs 350 million pipeline to Nepal for export of petroleum products, Rajya Sabha was informed today.
www.gorkhali.com /content/view/219/31   (291 words)

  
 Bioremediation of oily sludge at Barauni Refinery   (Site not responding. Last check: 2007-10-08)
In the third phase (2001-2002) approximately 3000 tonnes of oily sludge was biodegraded in one year using Oilivorous-S. In the third phase approximately 3000 metric tonnes of oily sludge were biodegraded in four batches.
In the first batch 100 tonnes oily sludge was undertaken for biodegradation and oil content in oily sludge reduced from 13.79% to 1.85% in four months, exhibiting 86.5% biodegradation of TPH.
In the third batch (Block C), 39.3% oil content was biodegraded in oily sludge due to treatment of oily sludge by Oilivorous S. In Block C, out of 39.3% oil degraded, the saturated hydrocarbons fraction was 23.1%, the aromatic fraction was 12.8%, NSO fraction was 2.3%, and the asphaltene fraction was 1.1%.
www.teriin.org /reports/rep34/rep34.htm   (946 words)

  
 albawaba.com middle east news information::Saudi Aramco, Indian Oil Corporation ink Memorandum of Collaboration
Saudi Aramco and Indian Oil Corporation Ltd. (IOC) has signed a Memorandum of Collaboration to evaluate future cooperation in petroleum research and development and the commercial exploitation of any resulting technologies.
The Indian Petroleum Minister arrived in Dhahran Wednesday morning after spending the night at Saudi Aramco's remote desert oil-production facilities at Shaybah, in the Rub' al-Khali (Empty Quarter).
Commenting on his visit, the Indian Minister said: "I consider this visit to Saudi Arabia and to Saudi Aramco to be historic and extremely significant, and at the same time very enjoyable.
www.menareport.com /en/business,Oil_and_Energy/182042   (383 words)

  
 Indian Oil < Petroleum < Corporations < Commerce < : news   (Site not responding. Last check: 2007-10-08)
As per an agreement with the Indian Oil Corporation (IOC), the NOC was required to clear all the payment by December 15.
Indian Oil Corporation has signed an agreement with Ashok Leyland for the use of approved engine oils, called Servo Premium ALT Oils, in Ashok Leyland vehicles...
New Delhi: The Indian Oil Corporation (IndianOil)-Oil India Ltd combine, which is eyeing oil and gas assets overseas, had a preliminary meeting with a high...
schema-root.org /commerce/corporations/petroleum/indian_oil   (617 words)

  
 [No title]   (Site not responding. Last check: 2007-10-08)
Twenty Indian companies, including State Bank, Reliance Industries and Indian Oil, have made it to the Forbes list of top 2,000 companies for 2003.
Indian Oil Corporation at 325 and Oil and Natural Gas Commission at 351 are third and fourth among the Indian companies.
For other Indian companies, the ranks in sales, profit, assets and market value are as follows: IndianOil 197, 334, 792, 668; ONGC 908, 148, 827, 261; ICICI Bank 1,497, 736, 490, 1,727 and BPCL 434, 597, 1,780, 1,782.
economictimes.indiatimes.com /cms.dll/xml/uncomp/articleshow?msid=65562   (1068 words)

  
 Indian Oil Corporation Limited Information at Business.com
The Group's principal activities are manufacturing and marketing petroleum products, crude oil, lubricants and grease, oil base and additives and other petroleum related products.
Indian oil firms to lose $7.7 bln revenue in 05/06 ')"> Indian oil firms to lose $7.7 bln revenue in 05/06
NEW DELHI (Reuters) - Indian oil refining and retailing firms expect a revenue loss of 355.52 billion rupees in the year to March 2006, the country's oil minister, Mani Shankar Aiyar, said on Thursday.
www.business.com /directory/energy_and_environment/oil_and_gas/exploration_and_production/indian_oil_corporation_limited   (342 words)

  
 Saudi Aramco signs collaboration memo with Indian Oil Corporation   (Site not responding. Last check: 2007-10-08)
Indian PM says he is not skirting Volcker issue...
OIL GIANT Saudi Aramco, on Wednesday, signed a memorandum of collaboration with Indian Oil Corporation (IOC), India’s premier oil company, to evaluate future cooperation – as per the pact, the two countries will concentrate on petroleum research and development and the commercial exploitation of any resulting technologies.
The joint memorandum with state-run IOC was signed in the presence of India`s oil minister, Mani Shankar Aiyar, who is visiting the oil-rich kingdom.
www.gg2.net /viewnews.asp?nid=236&tid=business&catid=Business   (330 words)

  
 IOC white paper against split of marketing arm- The Economic Times   (Site not responding. Last check: 2007-10-08)
NEW DELHI: Indian Oil Corporation, India’s only Fortune 500 company, has sent a white paper to PMO, making a case against the proposed split of its marketing arm.
Sources said IOC has suggested the government could divest a part of its equity — either through a domestic issue or an ADR — to raise the required funds and meet the disinvestment target.
IOC had mooted a proposal earlier on in 2000 to enter the American market through the ADR route so that the company could be listed on the New York Stock exchange.
economictimes.indiatimes.com /articleshow/msid-237558,curpg-1.cms   (308 words)

  
 Indian Oil may bid in future Iraqi tenders
The Indian Oil Corporation is exploring possibility of bidding for Iraqi oil in future export tenders, the company said on Monday.
On the prospects of increase in crude oil imports from Malaysia, he said, "Petronas has got some other oil discoveries so we are looking at those crudes if they are suitable, we can process them."
Ramachandran said it seemed that this crude is similar to the one that comes from Miri oil fields.
www.rediff.com /money/2003/jun/16ioc.htm   (234 words)

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