Petroleum & Indian Oil Corporation
16 shared events · Importance 7 · Last updated May 16, 2026
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Business
Petroleum: Petroleum Corporation Ltd faced substantial losses from absorbing increased fuel costs to ensure consumer stability, straining its financial health.
Indian Oil Corporation: Indian Oil Corporation Ltd incurred significant under-recoveries due to maintaining fuel prices despite surging input costs, impacting its balance sheet and refining margins.
Apr 29, 2026 · 16 articles
Domestic
Petroleum: Petroleum, a state-run fuel retailer, raised petrol and diesel prices to mitigate losses from high global crude oil prices, impacting its stock performance.
Indian Oil Corporation: Indian Oil Corporation, a state-run fuel retailer, raised petrol and diesel prices to mitigate losses from high global crude oil prices, impacting its stock performance.
May 15, 2026 · 20 articles
Domestic
Petroleum: Petroleum prices surged globally due to geopolitical tensions, leading to increased costs for fuel retailers in India and necessitating the price hike.
Indian Oil Corporation: Indian Oil Corporation, a state-owned fuel retailer, faced significant losses due to the freeze on fuel prices and will see some margin pressure eased by the price hike.
May 15, 2026 · 10 articles
Domestic
Petroleum: The 50% surge in Petroleum prices is the primary driver of the under-recoveries for Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum, as they continue to sell refined fuels at two-year-old rates.
Indian Oil Corporation: Indian Oil Corporation is one of the three state-owned oil marketing companies (OMCs) incurring significant under-recoveries due to selling fuel below cost, leading to financial pressure and potential need for increased borrowings.
May 10, 2026 · 8 articles
Domestic
Petroleum: Global Petroleum prices have surged significantly due to geopolitical tensions, leading to an energy crisis that is impacting India's economy and prompting calls for conservation.
Indian Oil Corporation: Indian Oil Corporation, along with other oil marketing companies, is facing significant monthly under-recoveries due to elevated global crude prices, potentially leading to fuel price hikes.
May 10, 2026 · 6 articles
International
Petroleum: Petroleum prices have surged above $100 per barrel due to the Iran war and the closure of the Strait of Hormuz, leading to higher costs across multiple sectors.
Indian Oil Corporation: Indian Oil Corporation is one of the state refiners ordered by India to maximize LPG production and has purchased spot cargoes from the United States.
Apr 08, 2026 · 307 articles
Domestic
Petroleum: Petroleum is a public sector oil company that has received approval for EV charger installations under the PM E-DRIVE scheme, playing a role in expanding India's charging infrastructure.
Indian Oil Corporation: Indian Oil Corporation is a public sector oil company involved in the installation of EV chargers under the PM E-DRIVE scheme and FAME-II scheme, supporting India's EV ecosystem.
May 12, 2026 · 6 articles
Tech
Petroleum: India imports a significant portion of its Petroleum needs. FOWE Eco Solutions' technology aims to reduce Petroleum consumption, thereby lowering import costs.
Indian Oil Corporation: Indian Oil Corporation's Haldia refinery conducted trials of FOWE Eco Solutions' technology, confirming fuel savings in captive power operations.
May 17, 2026 · 7 articles
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