India — India & Indian Oil Corporation
7 shared events · Importance 4 · Last updated Aug 09, 2026
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Regulatory
India — India: The government's ethanol blending program and prescribed quality standards were validated by the testing, supporting its policy objectives and reducing regulatory risk.
Indian Oil Corporation: As a leading OMC, Indian Oil Corporation conducted extensive nationwide testing and issued a joint statement reassuring fuel quality, which supports its reputation and consumer trust.
Aug 04, 2026 · 56 articles
Business
India — India: The government facilitated price cuts and eased supply restrictions, supporting commercial users.
Indian Oil Corporation: As a major oil marketing company, it reduced commercial LPG prices, potentially impacting its margins but aligning with government policy.
Aug 01, 2026 · 6 articles
Domestic
India — India: The India — India>>> is being accused of profiteering from high fuel prices despite lower crude oil costs, leading to increased inflation and public burden.
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
India — India: The India — India>>> is being accused of profiteering from high fuel prices despite lower crude oil costs, leading to increased inflation and public 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
India — India: The government defended its ethanol blending policy, highlighting forex savings and environmental benefits, reinforcing its commitment to the programme.
Indian Oil Corporation: Former chairman R. Ashoka defended the program; IOC involved in testing and distribution.
Jul 03, 2026 · 315 articles
Business
India — India: The government provided Rs 1,898 crore compensation for LPG losses but faces pressure to address fuel pricing.
Indian Oil Corporation: IOC, along with BPCL and HPCL, kept fuel prices below cost, contributing to industry-wide losses.
Jul 22, 2026 · 6 articles
Regulatory
India — India: The government revised windfall taxes on fuel exports to manage domestic supply and revenue, raising duties on diesel and ATF while cutting petrol levy.
Indian Oil Corporation: As a state-run oil marketing company, it is involved in domestic fuel pricing and supply, but no direct action in this event.
Jun 30, 2026 · 25 articles
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