Petroleum & Indian Oil Corporation
26 shared events · Importance 4 · Last updated Jul 19, 2026
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Business
Petroleum: Petroleum, as a Public Sector Oil Marketing Company, is a key player in ensuring the uninterrupted supply of fuel and LPG in India — Nagaland, contributing to its market presence and operational reliability.
Indian Oil Corporation: As one of the primary Public Sector Oil Marketing Companies, Indian Oil Corporation is actively involved in assuring the public of stable fuel and LPG supplies in India — Nagaland, which helps maintain its operational stability and public trust.
May 19, 2026 · 6 articles
Domestic
Petroleum: Petroleum>>> is a state-owned fuel retailer facing substantial under-recoveries from selling domestic LPG, petrol, and diesel below cost, driven by high international energy prices and government subsidies.
Indian Oil Corporation: Indian Oil Corporation>>> is one of the state-owned fuel retailers incurring significant losses on domestic LPG, petrol, and diesel sales due to elevated global energy costs and the government's policy of not fully passing on price increases to consumers.
Jun 06, 2026 · 78 articles
Domestic
Petroleum: Petroleum, a state-run fuel retailer, is tasked with expanding its LPG storage capacity as per government directives, contributing to India's strategic reserves.
Indian Oil Corporation: As a state-run fuel retailer, Indian Oil Corporation has been asked by the government to prepare plans for additional LPG storage capacity, which will involve significant investment and operational adjustments.
May 29, 2026 · 9 articles
Domestic
Petroleum: The price of Petroleum>>> has surged due to geopolitical tensions and supply disruptions, leading to increased retail fuel prices in India>>> and contributing to inflationary pressures.
Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
May 19, 2026 · 125 articles
Domestic
Petroleum: Petroleum prices have also increased significantly in India — Delhi and other major Indian cities, crossing the Rs 100 mark in India — Delhi, adding to consumer burden.
Indian Oil Corporation: Indian Oil Corporation, a state retailer, is implementing fuel price hikes and is currently losing 5.5 billion rupees daily due to selling fuels below market rates.
May 26, 2026 · 17 articles
Regulatory
Petroleum: The Petroleum filed a plea with the India — Supreme Court of India, challenging the India — Karnataka High Court's order to enhance ethanol allocation, arguing it would destabilize the national ethanol blending policy. The company coordinates ethanol procurement under the national program.
Indian Oil Corporation: The Indian Oil Corporation was directed by the India — Karnataka High Court to consider a representation for enhanced ethanol allocation, an order now under status quo by the India — Supreme Court of India.
Jun 30, 2026 · 32 articles
Regulatory
Petroleum: Petroleum, as a public sector oil marketing company, was directed to enforce the fuel sale restrictions and later resume normal supplies. It also absorbed losses to protect retail consumers.
Indian Oil Corporation: Indian Oil Corporation, as a public sector oil marketing company, was directed to enforce the fuel sale restrictions and later resume normal supplies. It also absorbed losses to protect retail consumers.
Jun 11, 2026 · 101 articles
Business
Petroleum: Petroleum, a state-owned fuel retailer, has not revised its fuel prices. This decision maintains its current market position but might see some consumers shift to Nayara Energy for cheaper fuel.
Indian Oil Corporation: Indian Oil Corporation, a state-owned fuel retailer, has kept its petrol and diesel prices unchanged despite Nayara Energy's reductions. This could lead to a temporary disadvantage in price competitiveness compared to Nayara Energy.
Jul 01, 2026 · 25 articles
International
Petroleum: Petroleum is the central commodity, with record Indian imports supporting global demand and Russian export revenues, while Urals prices remain above the price cap.
Indian Oil Corporation: Indian Oil's Vadinar SMPL terminal saw a 35% increase in Russian crude imports, contributing to India's record intake and benefiting from discounted supplies.
Aug 03, 2026 · 8 articles
Regulatory
Petroleum: Imports displaced by ethanol blending; price affects E20 economics.
Indian Oil Corporation: Former chairman R. Ashoka defended the program; IOC involved in testing and distribution.
Jul 03, 2026 · 315 articles
Tech
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
Domestic
Indian Oil Corporation: Indian Oil Corporation is the primary entity in this event, reassuring the public about fuel availability and managing supply disruptions. The event positively impacts its reputation by demonstrating its commitment to maintaining supplies despite challenges.
May 20, 2026 · 40 articles
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