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Ethanol-blended petrol sold by Indian firms crossed 13 pc mark in 2023-24: Minister During the current supply year (2023-24), the blending of ethanol (alcohol) with petrol has already crossed 13 per cent compared to the corresponding figure of 12.06 per cent in 2023-24, when the blending of ethanol with petrol increased to more than 500 crore litres, Minister of State for Petroleum and Natural Gas Suresh Gopi informed the Lok Sabha on Thursday.  Government-owned Oil Marketing Companies (OMCs), Indian Oil, Bharat Petroleum and Hindustan Petroleum, have invited bids fo...
Ethanol-blended petrol sold by Indian firms crossed 13 pc mark in 2023-24: Minister
Ethanol-blended petrol sold by Indian firms crossed 13 pc mark in 2023-24: Minister
Source: IANS
2024-08-09 09:33:16 am
Mumbai`s Jawaharlal Nehru Port records highest ever container throughput Jawaharlal Nehru Port Authority (JNPA), Mumbai, one of the leading container-handling ports in the country, has recorded its highest-ever throughput of 6.43 million TEUs (twenty-foot equivalent unit) in the fiscal year 2023-24, which represents a 6.27 per cent increase over the corresponding figure of 6.05 million TEU for 2022-23, the Ministry of Ports and Shipping said on Wednesday. The total traffic handled at JNPA from April 2023 to March 2024 is 85.82 million tonnes, which is 2.33 per ...
Mumbai`s Jawaharlal Nehru Port records highest ever container throughput
Mumbai`s Jawaharlal Nehru Port records highest ever container throughput
Source: IANS
2024-04-03 01:52:46 pm
India`s top refiner set to tap spot oil as Russian term deal lapses Rosneft and Indian Oil Corp have yet to renew an oil supply deal that expired in March as they have been unable to agree on price and volumes, forcing India's top refiner to turn to spot markets, three sources with knowledge of the matter said on Monday. IOC and Rosneft renewed the annual oil deal for a second time a year ago. It was originally signed during Russian President Vladimir Putin's visit to India in December 2021, months ahead of Moscow's military action in Ukraine. ...
India`s top refiner set to tap spot oil as Russian term deal lapses
India`s top refiner set to tap spot oil as Russian term deal lapses
Source: Reuters
2024-04-02 11:33:13 am
IOC gains on signing binding term sheet with Panasonic Energy for manufacturing cylindrical lithium-ion cells Indian Oil Corporation is currently trading at Rs. 169.85, up by 2.10 points or 1.25% from its previous closing of Rs. 167.75 on the BSE. The scrip opened at Rs. 169.90 and has touched a high and low of Rs. 171.25 and Rs. 169.15 respectively. So far 547405 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 196.80 on 08-Feb-2024 and a 52 week low of Rs. 76.66 on 17-Apr-2023. Last one week high and low of the scrip ...
IOC gains on signing binding term sheet with Panasonic Energy for manufacturing cylindrical lithium-ion cells
IOC gains on signing binding term sheet with Panasonic Energy for manufacturing cylindrical lithium-ion cells
Source: Accord Fintech
2024-04-01 11:07:10 am
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future  In a bid to create a sustainable and green future, Adani TotalEnergies Biomass Limited (ATBL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), on Sunday said it has commissioned operations at phase 1 of its Barsana Biogas Plant, located at Mathura in Uttar Pradesh. This plant will be India’s largest agri waste-based bio-CNG plant after reaching full design capacity at phase 3. The project cost for all three project phases for the Barsana Biogas plant would be in...
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
Source: IANS
2024-04-01 09:54:45 am
Indian Oil, Panasonic Energy enter pact to make lithium cells India's top refiner Indian Oil Corp entered a pact with Panasonic Energy to form a joint venture to manufacture lithium-ion cells in India, the refiner said in a statement on Sunday, to prepare for rising local demand. The agreement follows an initial understanding between the two companies on lithium-ion cells in January. Lithium-ion batteries, which power electric vehicles (EV) and are used to store energy, are expected to play a major role in India's goal to be a net zero emi...
Indian Oil, Panasonic Energy enter pact to make lithium cells
Indian Oil, Panasonic Energy enter pact to make lithium cells
Source: Reuters
2024-03-31 05:13:11 pm
India`s Jan oil imports hit record high on Red Sea delays, trade data shows  India's crude oil imports rose to a monthly record in January after the Red Sea shipping crisis delayed the December arrival of cargoes from the Americas, data from trade sources showed. The world's third largest oil importer and consumer also received in January its first cargo of Venezuelan oil after a gap of more than three years, as the U.S. eased sanctions on the South American producer, the data showed. India's oil imports hit 5.24 million barrels per day (bpd) i...
India`s Jan oil imports hit record high on Red Sea delays, trade data shows
India`s Jan oil imports hit record high on Red Sea delays, trade data shows
Source: Reuters
2024-02-23 04:45:22 pm
Indian Oil-Adani Gas JV to invest $300 million to double gas sales IndianOil-Adani Gas Pvt Ltd will invest 25 billion rupees ($301.24 million) over four years as it looks to double gas sales to small industries and households in India, a company executive said on Friday. The company, an equal joint venture of refiner Indian Oil Corp and Adani Total Gas, daily sells about one million standard cubic metres of gas through its 300 retail outlets, said S.K. Jha, a director in the joint venture. Jha also heads the city gas distribution business of IndianOil ...
Indian Oil-Adani Gas JV to invest $300 million to double gas sales
Indian Oil-Adani Gas JV to invest $300 million to double gas sales
Source: Reuters
2024-02-09 11:57:30 am
India will buy Venezuelan oil, says minister  India will buy Venezuelan oil as some refiners in the country have the capability to process heavy crude oil, Oil Minister Hardeep Singh Puri said on Friday. Indian refiners have already resumed Venezuelan oil purchases, with Reliance Industries, Indian Oil Corp and HPCL-Mittal Energy securing cargoes of Venezuelan oil after the United States lifted sanctions in October. India last imported Venezuelan crude in 2020. "Many of our refineries, including Paradip, (are) capable...
India will buy Venezuelan oil, says minister
India will buy Venezuelan oil, says minister
Source: Reuters
2023-12-15 12:11:16 pm
India`s BPCL looking at buying Venezuela oil, official says India's state run refiner Bharat Petroleum Corp is looking at buying Venezuela oil, its head of refineries Sanjay Khanna said on Wednesday. "Our refineries are capable of processing Venezuelan oil and we have given our international trade (department) okay to buy it," Khanna said in an industry event. The import of Venezuelan oil will not be a threat to BPCL's Russian oil imports, he added. So far India's Reliance Industries, Indian oil Corp and HPCL-Mittal Ener...
India`s BPCL looking at buying Venezuela oil, official says
India`s BPCL looking at buying Venezuela oil, official says
Source: Reuters
2023-12-13 01:01:48 pm
Government bars sugar mills from using sugarcane for ethanol production The Central government on Thursday directed sugar mills to not use sugarcane juice for producing ethanol in 2023-2024 as it is worried that the country’s sugar output may fall which would lead to a spike in prices. Ethanol is supplied to oil marketing companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum for blending with petrol. The government notification states that sugar mills can continue to produce ethanol from B-Heavy molasses, which is a by-product in suga...
Government bars sugar mills from using sugarcane for ethanol production
Government bars sugar mills from using sugarcane for ethanol production
Source: IANS
2023-12-07 04:59:22 pm
EKI Energy Services surges on partnering with Indian Oil Corporation EKI Energy Services is currently trading at Rs. 421.50, up by 11.60 points or 2.83% from its previous closing of Rs. 409.90 on the BSE. The scrip opened at Rs. 409.00 and has touched a high and low of Rs. 428.00 and Rs. 407.15 respectively. So far 113589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1547.00 on 06-Dec-2022 and a 52 week low of Rs. 355.25 on 30-May-2023. Last one week high and low of the scrip ...
EKI Energy Services surges on partnering with Indian Oil Corporation
EKI Energy Services surges on partnering with Indian Oil Corporation
Source: Accord Fintech
2023-12-06 12:02:51 pm
Indian Oil Corporation trades higher on the BSE Indian Oil Corporation is currently trading at Rs. 116.75, up by 0.90 points or 0.78% from its previous closing of Rs. 115.85 on the BSE. The scrip opened at Rs. 119.25 and has touched a high and low of Rs. 119.55 and Rs. 116.75 respectively. So far 1405122 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 119.55 on 05-Dec-2023 and a 52 week low of Rs. 72.35 on 26-Dec-2022. Last one week high and low of the scrip...
Indian Oil Corporation trades higher on the BSE
Indian Oil Corporation trades higher on the BSE
Source: Accord Fintech
2023-12-05 01:55:45 pm
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking Indian Oil Corporation Limited TECHNICAL RATIONALE ? We are seeing recovery in the oil marketing counters wherein IOC is showing relatively higher strength. It has recovered strongly after testing the support of short term moving average i.e. 20 EMA on the weekly chart and likely to inch gradually towards the record high now. We suggest creating fresh longs in the mentioned range.Buy Indian Oil Corporation Limited CMP: 92.70, Initiation Range 92-93 , Stop Loss 89,&n...
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking
Tech Stars : Indian Oil Corporation Ltd And Godrej Consumer Products Ltd By Religare Broking
Source: Religare Broking Ltd
2023-09-14 04:12:32pm