IOC.NSE logo

IOC.NSE
Indian Oil Corporation Ltd.

10,308
Loading...
Loading...
News
all
press releases
LPG price, booking rules may change from May 1, key updates for consumers
The West Asia conflict that escalated in late February has triggered turbulence in global energy markets, with its impact now reaching Indian households through rising LPG costs. As May approaches, further revisions in cylinder prices and changes in booking and delivery rules are expected, adding to a series of measures already introduced since the crisis began. Oil marketing companies have already increased the price of the 14.2 kg domestic LPG cylinder by Rs 60 across the country. Commercial 19-kg cylinders have seen three price hikes within a month. In April 2026, prices were raised by Rs 196 to Rs 218 in metro cities, following earlier increases of Rs 114.5 on March 7 and Rs 28 to Rs 31 on March 1. Another price revision is widely anticipated from May 1, with Indian Oil, BPCL, and HPCL reportedly reviewing additional delivery and booking norms. Tighter Booking Norms and Delivery Checks The Ministry of Petroleum and Natural Gas has revised the LPG booking framework, extending the gap between bookings from 21 to 25 days in urban areas and from 21 to 45 days in rural areas.
cityfalcon.com·11h ago
News Placeholder
More News
News Placeholder
LPG price, booking rules may change from May 1, key updates for consumers
The West Asia conflict that escalated in late February has triggered turbulence in global energy markets, with its impact now reaching Indian households through rising LPG costs. As May approaches, further revisions in cylinder prices and changes in booking and delivery rules are expected, adding to a series of measures already introduced since the crisis began. Oil marketing companies have already increased the price of the 14.2 kg domestic LPG cylinder by Rs 60 across the country. Commercial 19-kg cylinders have seen three price hikes within a month. In April 2026, prices were raised by Rs 196 to Rs 218 in metro cities, following earlier increases of Rs 114.5 on March 7 and Rs 28 to Rs 31 on March 1. Another price revision is widely anticipated from May 1, with Indian Oil, BPCL, and HPCL reportedly reviewing additional delivery and booking norms. Tighter Booking Norms and Delivery Checks The Ministry of Petroleum and Natural Gas has revised the LPG booking framework, extending the gap between bookings from 21 to 25 days in urban areas and from 21 to 45 days in rural areas.
cityfalcon.com·11h ago
News Placeholder
Oil India strikes new oil, gas discovery in Libya’s Ghadames Basin
… as the operator, for a successful new oil and gas discovery in the contract area … Congratulations on the successful new oil & gas discovery to Oil India Limited and … Indian Oil Corporation Limited (the Indian …
cityfalcon.com·20h ago
News Placeholder
Oil India strikes new oil, gas discovery in Libya’s Ghadames Basin
… as the operator, for a successful new oil and gas discovery in the contract area … Congratulations on the successful new oil & gas discovery to Oil India Limited and … Indian Oil Corporation Limited (the Indian …
cityfalcon.com·20h ago
News Placeholder
Indian Oil Consortium Strikes Oil in Libya: Fresh Discovery Boosts India’s Global Energy Push
… Corporation Ltd (Indian Oil ) has announced a fresh oil and gas discovery in Libya, … strong geological potential through multiple oil and gas discoveries. The Union Ministry of … on the successful new oil & gas discovery to Oil India Limited and …
cityfalcon.com·20h ago
News Placeholder
Indian Oil Consortium Strikes Oil in Libya: Fresh Discovery Boosts India’s Global Energy Push
… Corporation Ltd (Indian Oil ) has announced a fresh oil and gas discovery in Libya, … strong geological potential through multiple oil and gas discoveries. The Union Ministry of … on the successful new oil & gas discovery to Oil India Limited and …
cityfalcon.com·20h ago
News Placeholder
Indian Oil Corp says diesel, gasoline sales up more than 13% in Apr 1-21
NEW DELHI: Indian Oil Corp’s , the country’s top refiner and fuel retailers, sale of diesel and gasoline has surged more than 13% during April 1-26, 2026, its head of marketing, Saumitra Priya Srivastava, said in a post on social media platform X. IOC, the country’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations, he said. Diesel sales in some parts, mainly in southern Andhra Pradesh, surged by about 30% to 33%, leading to some retail outlets facing shortages, said Sujata Sharma, a joint secretary in the federal petroleum ministry. Sharma said India has sufficient stocks of diesel and gasoline, while some retail outlets have experienced problems due to panic buying. She said India is not expected to import diesel and gasoline to meet local demand. Earlier in the day, the chief minister of Andhra Pradesh Chandrababu Naidu said in a post on X that action should be taken against anyone attempting to engage in black marketing or to create artificial shortages of diesel and gasoline.
cityfalcon.com·2d ago
News Placeholder
Indian Oil Corp says diesel, gasoline sales up more than 13% in Apr 1-21
NEW DELHI: Indian Oil Corp’s , the country’s top refiner and fuel retailers, sale of diesel and gasoline has surged more than 13% during April 1-26, 2026, its head of marketing, Saumitra Priya Srivastava, said in a post on social media platform X. IOC, the country’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations, he said. Diesel sales in some parts, mainly in southern Andhra Pradesh, surged by about 30% to 33%, leading to some retail outlets facing shortages, said Sujata Sharma, a joint secretary in the federal petroleum ministry. Sharma said India has sufficient stocks of diesel and gasoline, while some retail outlets have experienced problems due to panic buying. She said India is not expected to import diesel and gasoline to meet local demand. Earlier in the day, the chief minister of Andhra Pradesh Chandrababu Naidu said in a post on X that action should be taken against anyone attempting to engage in black marketing or to create artificial shortages of diesel and gasoline.
cityfalcon.com·2d ago
News Placeholder
IOCL (Assam Oil Division) employee among six arrested as Digboi Police bust gambling den
OUR REPORTER DIGBOI: In a dramatic crackdown, Digboi Police on Sunday busted a high-stakes gambling den operating under the guise of a residential building, arresting six persons, including an employee of Indian Oil Corporation Limited (Assam Oil Division). Acting on a tip-off, a police team led by Co-District Superintendent of Police Himanshu Gohain swooped down on the premises at Lachit Nagar along the Digboi –Pengaree Road, exposing what officials described as a well-oiled and long-running gambling racket. The den was being operated from the residence of Md Hasim, alias ‘Marshall’, who allegedly ran the illegal operation from the ground floor, while the upper floor functioned as a boys’ hostel (JJ Boys Hostel). Six persons were caught red-handed during the raid. The arrested include Madhav Rao, Arun Sirkey, Pankaj Das and Md Hasim, while two others are yet to be officially named. Shockingly, Madhav Rao is an IOCL (AOD) employee posted in the Land and Revenue Section. Sources revealed that the racket drew in IOCL personnel, local businessmen and contractors, pointing to a deep-rooted and influential network.
cityfalcon.com·2d ago
News Placeholder
IOCL (Assam Oil Division) employee among six arrested as Digboi Police bust gambling den
OUR REPORTER DIGBOI: In a dramatic crackdown, Digboi Police on Sunday busted a high-stakes gambling den operating under the guise of a residential building, arresting six persons, including an employee of Indian Oil Corporation Limited (Assam Oil Division). Acting on a tip-off, a police team led by Co-District Superintendent of Police Himanshu Gohain swooped down on the premises at Lachit Nagar along the Digboi –Pengaree Road, exposing what officials described as a well-oiled and long-running gambling racket. The den was being operated from the residence of Md Hasim, alias ‘Marshall’, who allegedly ran the illegal operation from the ground floor, while the upper floor functioned as a boys’ hostel (JJ Boys Hostel). Six persons were caught red-handed during the raid. The arrested include Madhav Rao, Arun Sirkey, Pankaj Das and Md Hasim, while two others are yet to be officially named. Shockingly, Madhav Rao is an IOCL (AOD) employee posted in the Land and Revenue Section. Sources revealed that the racket drew in IOCL personnel, local businessmen and contractors, pointing to a deep-rooted and influential network.
cityfalcon.com·2d ago
<
1
2
...
>

Latest IOC.NSE News

View
Top Discussions

Advertisement|Remove ads.

Advertisement|Remove ads.