India & Indian Oil Corporation
50 shared events · Importance 7 · Last updated Jul 06, 2026
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International
India: India is implementing a significant shift in its oil procurement strategy to enhance energy security and reduce reliance on Middle Eastern suppliers after the Iran war disruptions. This involves diversifying sources and building strategic reserves.
Indian Oil Corporation: Indian Oil Corporation, as one of India's state oil refiners, is a key player in the new strategy to diversify crude oil sources and is exploring partnerships for a trading desk.
Jun 30, 2026 · 6 articles
Domestic
India: India's energy security is strengthened, crude oil imports are reduced, and climate commitments are advanced through the ethanol blending program.
Indian Oil Corporation: The former Chairman of Indian Oil Corporation, R. Ashoka, is a key spokesperson for the ethanol blending program, highlighting its benefits and addressing concerns.
Jul 03, 2026 · 20 articles
Regulatory
India: India implemented temporary restrictions on fuel sales to commercial buyers and later lifted them to ensure equitable distribution and prevent shortages amidst global supply chain disruptions.
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
International
India: India, through its India — Ministry of Petroleum and Natural Gas, clarified that no offer to export E20 petrol to Bhutan was made, debunking media reports and defending its ethanol-blending program.
Indian Oil Corporation: Indian Oil Marketing Companies (OMCs), including Indian Oil Corporation, were falsely reported to have made an offer to export E20 petrol to Bhutan, which the Indian government denied.
Jul 05, 2026 · 20 articles
Regulatory
India: The national policy of 20% ethanol blending in petrol, a key initiative for India's energy security and environmental goals, is at the center of this legal dispute, with the Supreme Court's decision impacting its stability and implementation.
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
Business
India: India's consumers are experiencing relief from lower fuel prices by Nayara Energy, which could positively impact household budgets and transportation costs across the country. The government also revised windfall taxes on petroleum products.
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
India: India has designated 23 individuals as terrorists under the UAPA, aiming to strengthen its internal and territorial security by disrupting terror networks operating from Pakistan and Pakistan-occupied Kashmir.
Indian Oil Corporation: The Indian Oil refinery in Panipat was allegedly reconnoitered by Mohammad Musaddiq, one of the designated terrorists, indicating a potential target for terror activities.
Jul 04, 2026 · 35 articles
International
India: India's imports of Russian fossil fuels decreased significantly in December 2025, falling to third place among buyers. This reduction was primarily due to cuts by Reliance Industries and state-owned refiners, impacting India's energy import strategy.
Indian Oil Corporation: Indian Oil Corporation (IOC) continues to purchase oil from non-sanctioned Russian entities, distinguishing its strategy from other Indian refiners.
Jan 13, 2026 · 10 articles
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