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Published on 06:19 GMT

Indian Oil clocks 50 pc jump in Q4 net profit

The oil giant’s net profit more than doubled on quarter-on-quarter basis to Rs 7,265 crore, compared to Rs 2,874 crore in Q3FY25. The strong rebound was supported by improved refining margins, inventory gains, and better operational efficiencies. Indian …

Source: News Today Net - Pending
Published on Apr 30, 2025

Indian Oil Corporation says not in talks for term crude import deal with Russia

Indian Oil Corporation (IOC), the nation's largest oil firm, is not discussing a term or fixed quantity deal for import of Russian oil given the volatility in the international market, Chairman A S Sahney said on Wednesday. India's import of …

Source: The Economic Times - Pending
Published on Apr 30, 2025

Indian Oil Q4 Results: Profit jumps 50% to Rs 7,625 crore; Rs 3/share dividend announced

Indian Oil Corporation Ltd. (IOCL) has registered a net profit of Rs 7,265 crores during the January-March quarter (Q4 2024-25), as compared to Rs 4,838 crores in the corresponding quarter of the previous financial year. The net profit grew 50 per cent on …

Source: Zee Business - Indeterminate
Published on Apr 30, 2025

Indian Oil signs $1.4 billion LNG supply deal with Trafigura

New Delhi: State-run Indian Oil Corp. Ltd (IOCL) has signed a term contract with commodities trading major Trafigura for supply of liquefied natural gas (LNG) for a five-year period, said Arvinder Singh Sahney, the chairman and managing director (CMD) of …

Source: Mint - Neutral
Published on Apr 30, 2025

Indian Oil signs $1.4bn LNG import contract with Trafigura

Indian Oil has reportedly entered a five-year agreement with global commodities trader Trafigura to purchase 2.5 million tonnes (mt) of liquefied natural gas (LNG), potentially amounting to $1.4bn (Rs118.46bn), as announced by the company’s chairman A S …

Source: Offshore Technology - Neutral
Published on Apr 30, 2025

Indian Oil net surged 50% in Q4 to ₹7,265 crore on lower revenue

Indian Oil Corporation Chairman A.S.Sahney briefing media on the financial results in Delhi on Wednesday. State-owned Indian Oil Corporation reported standalone net profit for March quarter rose 50% to ₹7,265 crore from ₹4,838 crore a year earlier, as …

Source: The Hindu - Center-left
Published on Apr 30, 2025

Indian Oil clocks 50 pc jump in Q4 net profit at Rs 7,265 crore

New Delhi, April 30: State-run Indian Oil Corporation on Wednesday reported a net profit of Rs 7,264.85 crore for the January-March quarter of 2024-25, which represents a 50 per cent year-on-year increase over the corresponding figure of Rs 4,837.69 crore …

Source: The Shillong Times - Neutral
Published on Apr 30, 2025

Indian Oil Board approves further investment in Terra Clean Limited

New Delhi: Indian Oil Corporation today, in its Board meeting held on 30th April 2025 has accorded approval for additional equity investment of Rs. 1,086 crore in Terra Clean Ltd. for setting up additional 4.3 GW RE capacity over and above the already …

Source: PSU Connect Media - Neutral
Published on Apr 30, 2025

Indian Oil revised project cost of Barauni Refinery in Bihar

New Delhi: Indian Oil Board approval to the project for expansion of capacity (crude processing) of its Barauni Refinery in Bihar from 6.0 MMTPA to 9.0 MMTPA at an estimated cost of Rs. 13,779 crore. The company today, in its regulatory filing, states that …

Source: PSU Connect Media - Neutral
Published on Apr 30, 2025

Term deal for Russian oil off the table for now; US crude purchases to depend on commercial viability, says Indian Oil ...

The prevailing geopolitical and geoeconomic uncertainties have evidently shelved a potential term deal for Russian oil that was being pursued by India’s public sector refiners. Government-owned oil refiner Indian Oil Corporation (IOC), which is also India’ …

Source: The Indian Express - Center-left
Published on 03:21 GMT

IOC Reports 50% Net Profit Jump To Rs 7,265 Cr In Q4, Rs 3 Dividend Announced

Last Updated:May 01, 2025, 08:07 IST Indian Oil Corporation announces a 50% jump in net profit. IOC also announced a final dividend of 30% or Rs 3 per equity share for FY 2024-25. IOC announces Rs 3 final dividend for FY2024-25. IOC Q4 Results FY2024-25: …

Source: News18 - Center-right
Published on Apr 30, 2025

Indian Oil plans ₹1,100 crore-equity investment to set up 4.3 GW green capacity

Indian Oil plans to make an equity investment of ₹1,086 crore to add 4.3 GW of green energy capacity. The company’s board approved a proposed equity investment of ₹1,086 crore in subsidiary Terra Clean Ltd. for setting up 4.3 GW of renewable energy …

Source: ETEnergyworld.com - Indeterminate
Published on Apr 30, 2025

Indian Oil Q4 Dividend: Oil PSU company announces final dividend of ₹3/share. Check details here

Indian Oil Q4 Dividend: State-owned oil refinery firm, Indian Oil Corporation Ltd, announced a final dividend along with its January to March quarter results on Wednesday, April 30. The company announced an interim dividend of ₹3 per equity share with a …

Source: Mint - Neutral
Published on Apr 30, 2025

Indian Oil approves Rs 1,086 crore investment in Terra Clean to add 4.3 GW renewable capacity

Indian Oil Corporation Ltd. (IOCL) has announced board approval for an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd., to set up 4.3 GW of renewable energy (RE) capacity, according to a regulatory filing on …

Source: Business Upturn - Pending
Published on Apr 30, 2025

Indian Oil Q4FY25 profit surges 153% QoQ to Rs 7,265 crore; EBITDA doubles, margin expands sharply

Indian Oil Corporation Ltd. (IOCL) reported a strong sequential improvement in its financial performance for the quarter ended March 31, 2025 (Q4FY25), with net profit rising sharply and operating margins showing significant expansion. The company’s net …

Source: Business Upturn - Pending
Published on Apr 30, 2025

IOC pauses oil sourcing talks with Russia's Rosneft

IndianOil has paused term deal talks with Rosneft due to market dynamics, not government pressure, while increasing US energy imports to reduce the trade surplus. A five-year gas contract with Trafigura, benchmarked to US rates, signals potential American …

Source: The Times of India - Center-right
Published on Apr 30, 2025

Indian Oil signs five-year LNG deal with Trafigura, chairman says

NEW DELHI: Indian Oil Corp has signed a five-year import deal with trader Trafigura to buy 2.5 million metric tons of liquefied natural gas (LNG) in a $1.3–$1.4 billion deal, Chairman A S Sahney said on Wednesday. Supplies under the deal would begin from …

Source: Business Recorder - Neutral
Published on Apr 30, 2025

Indian Oil Q4 Dividend: Oil PSU company announces final dividend of ₹3/share

Indian Oil Q4 Dividend: Oil PSU company announces final dividend of ₹3/share. “Board has recommended a final dividend of 30% for the year 2024-25 i.e. ₹3.00 per equity share of face value of ₹10/- each on the paid-up share capital, subject to the …

Source: Mint - Neutral
Published on Apr 30, 2025

IOC net profit rises 53% in Q4 FY25; combined sales surpass 100 mt

State-run Indian Oil Corporation (IOC) on Wednesday reported a 53 per cent year-on-year growth in its consolidated net profit to ₹8,368 crore in Q4 FY25, aided by inventory gains, even as LPG under recovery stood at ₹19,926 crore. Net profit of the country …

Source: The Hindu Business Line - Neutral

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Published on April 30, 2025 - 17:17 GMT

Hassan Najafi Oil Investment Focus at Iran Oil Show 2025 in Tehran

Hassan Najafi to attend Iran Oil Show 2025, promoting cross-sector innovation and investment opportunities between beauty tech and energy sectors. TEHRAN, IRAN, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Iran Oil Show 2025, one of the Middle East’ …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on April 30, 2025 - 13:37 GMT

Russian oil ship-outs edge higher

(MENAFN) Russia’s oil exports have seen a modest uptick over the past two weeks, partly due to the reactivation of several tankers previously sanctioned by the U.S., according to a Bloomberg report citing ship-tracking data. The increase comes amid ongoing …

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Published on May 1, 2025 - 08:00 GMT

Pressure Switch Market Size to Reach $3.51 Billion by 2030, Driven by Steady 4.6% CAGR – Report by MarketsandMarkets™

Delray Beach, FL, May 01, 2025 (GLOBE NEWSWIRE) -- Pressure Switch Market size is projected to grow from USD 2.80 billion in 2025 to USD 3.51 billion by 2030, at a CAGR of 4.6% according to a new report by MarketsandMarkets™. New revenue streams are being …

Distribution channels: Culture, Society & Lifestyle, Environment ...
Published on April 30, 2025 - 13:40 GMT

Oil Prices Dip Due to Trade Tensions, Supply Concerns

(MENAFN) Oil prices continued their downward trajectory on Wednesday, pressured by fears of weak demand due to the ongoing trade war between the U.S. and China, and growing worries about an oversupply in the market. Brent crude, the international benchmark …

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Published on April 30, 2025 - 13:37 GMT

Oil Prices Drop Amid Trade Tensions

(MENAFN) Crude oil values declined once again on Wednesday, pressured by growing anxieties over weakened consumption, largely driven by escalating trade tensions between the United States and China—the globe’s two largest petroleum importers. Additionally, …

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Published on April 29, 2025 - 19:58 GMT

Floating Liquefied Natural Gas Market to Reach USD 53.54 Billion by 2032 | ABB Ltd., EXMAR, Hoegh LNG, Shell plc

The surging demand for Natural Gas represents a pivotal driver that significantly shapes the dynamics of the Floating liquefied natural gas (FLNG) Market. NEW YORK, NY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Floating Liquefied …

Distribution channels: Electronics Industry ...
Published on April 30, 2025 - 15:13 GMT

Promethean Energy Completes Decommissioning of Offshore Orphaned Wells in the Matagorda Island Lease Area

Promethean Energy completes decommissioning of offshore orphaned wells in Matagorda Island, utilizing advanced technology and delivering cost savings. HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Promethean Energy, the Gulf of Mexico …

Distribution channels: Chemical Industry, Emergency Services ...
Published on April 30, 2025 - 15:00 GMT

Michael Lumbley Joins EticaAG as Vice President of Sales to Drive Strategic Growth

Veteran clean energy executive joins EticaAG to lead sales strategy and expand market reach for fire-safe battery storage solutions. PITTSBURGH, PA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a leader in non-flammable battery energy …

Distribution channels: Building & Construction Industry, Business & Economy ...

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Published on April 30, 2025 - 21:45 GMT

Scale Selling Partners with Siemens to Power the Next Generation of Startups

The partnership aims to accelerate go-to-market strategies for Siemens-backed startups, starting with a focus on energy transportation and distribution. TORONTO, ONTARIO, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Social media marketing powerhouse …

Distribution channels: Business & Economy, Energy Industry ...
Published on April 30, 2025 - 20:58 GMT

Apache Supports CEO Foundation and the Environment on Earth Day's 35th Anniversary

Apache Industrial employees support CEO Foundation and Earth Day by planting 137 trees to make the community a little greener, healthier and kinder. HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Apache Industrial (Apache) volunteers …

Distribution channels: Building & Construction Industry, Energy Industry ...
Published on April 30, 2025 - 20:53 GMT

Paul Rudolph Applebee Residence Gets a PVC Reroof by Caldwells Roofing

Paul, a student of Frank Lloyd Wright, designed and built the home in 1956. The home features a flat roof and many other horizontal line features. AUBURN, AL, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Modern architecture may not be the …

Distribution channels: Building & Construction Industry, Companies ...
Published on April 30, 2025 - 20:45 GMT

SABR Coalition Urges Congressional Leaders to Save US Biodiesel Industry by Reinstating Blenders Tax Credit

With no implementing regulations for Section 45Z and the BTC expired for four months, the U.S. biodiesel industry is shut down and teetering on extinction. JEFFERSON CITY, MO, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Sustainable Advanced …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on April 30, 2025 - 20:13 GMT

LEM reinforces leadership in high-precision segment with two new products, completing its IN family of current sensors

LEM continues to improve and innovate its existing IN product family of current sensors GENEVA, SWITZERLAND, April 30, 2025 /⁨EINPresswire.com⁩/ -- LEM (SIX: LEHN) Electrical measurement technology specialist LEM adds two new members to its IN …

Distribution channels: Electronics Industry, Energy Industry ...
Published on April 30, 2025 - 20:13 GMT

This Week in Construction: Top Innovations & Industry Trends – April 30, 2025

Peer-to-peer digital content sharing for construction and building professionals SUNDRE, ALBERTA, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Since its establishment in 2003, Construction Links Network has emerged as a premier news and …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on April 30, 2025 - 17:17 GMT

Hassan Najafi Oil Investment Focus at Iran Oil Show 2025 in Tehran

Hassan Najafi to attend Iran Oil Show 2025, promoting cross-sector innovation and investment opportunities between beauty tech and energy sectors. TEHRAN, IRAN, April 30, 2025 /⁨EINPresswire.com⁩/ -- The Iran Oil Show 2025, one of the Middle East’ …

Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on May 1, 2025 - 03:53 GMT

Clear Blue Technologies Announces Fiscal 2024 Results & Provides Corporate Update

TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Power Company, announces its financial results for fiscal 2024 (“F2024”). A complete set of Financial Statements and Management’ …

Distribution channels: Business & Economy, Energy Industry ...
Published on April 30, 2025 - 15:13 GMT

Promethean Energy Completes Decommissioning of Offshore Orphaned Wells in the Matagorda Island Lease Area

Promethean Energy completes decommissioning of offshore orphaned wells in Matagorda Island, utilizing advanced technology and delivering cost savings. HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Promethean Energy, the Gulf of Mexico …

Distribution channels: Chemical Industry, Emergency Services ...
Published on April 30, 2025 - 15:00 GMT

Fusion energy: ITER completes world’s largest and most powerful pulsed magnet system

Landmark achievement towards fusion energy SAINT-PAUL-LEZ-DURANCE, FRANCE, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a landmark achievement for fusion energy, ITER has completed all components for the world’s largest, most powerful pulsed superconducting …

Distribution channels: Business & Economy, Energy Industry ...
Published on April 30, 2025 - 15:00 GMT

Michael Lumbley Joins EticaAG as Vice President of Sales to Drive Strategic Growth

Veteran clean energy executive joins EticaAG to lead sales strategy and expand market reach for fire-safe battery storage solutions. PITTSBURGH, PA, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- EticaAG, a leader in non-flammable battery energy …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on April 30, 2025 - 14:56 GMT

Bits In Glass Honored with Global Innovation Award at Appian World 2025

Bits In Glass Recognized for Excellence in Reinsurance Underwriting & AI Innovations. EDMONTON, AB, CANADA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Bits In Glass (BIG), a global boutique consulting firm specializing in intelligent automation, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 14:00 GMT

MicroSeismic Deploys DOE Funded Carbon Sequestration Monitoring System for Class VI Wells

A Bold Step Toward Safe, Scalable CCUS HOUSTON, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a bold step toward strengthening the science behind permanent carbon sequestration, MicroSeismic, Inc.’s advanced subsurface imaging and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on April 30, 2025 - 14:00 GMT

Parkopedia and ParkMobile to launch US eMSP service

Parkopedia and ParkMobile launch a seamless eMobility Service Provider (eMSP) in North America, enhancing EV charging and parking convenience. LONDON, UNITED KINGDOM, April 30, 2025 /⁨EINPresswire.com⁩/ -- - The most accurate and convenient North …

Distribution channels: Automotive Industry, Business & Economy ...
Published on May 1, 2025 - 01:09 GMT

Mueller Water Products Announces Quarterly Dividend

ATLANTA, April 30, 2025 (GLOBE NEWSWIRE) -- Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of $0.067 per share, payable on or about May 21, 2025, to stockholders of record as of the close of …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on April 30, 2025 - 13:04 GMT

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round

Kevin O’Leary Recording on Flower Turbines' Small Wind Energy Available on Last Day of Investment Round LUBBOCK, TX, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- In a recent webinar with Kevin O’Leary and Flower Turbines’ CEO, Dr. …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on April 30, 2025 - 13:00 GMT

Kepner-Tregoe Announces New Licensee for Australia and New Zealand Markets

Seamless Shift, Same Expertise: KT ANZ to carry forward world-class problem-solving in Australia and New Zealand. PRINCETON, NJ, UNITED STATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Kepner-Tregoe (KT), a global leader in critical thinking …

Distribution channels: Automotive Industry, Chemical Industry ...
Published on May 1, 2025 - 00:29 GMT

Prospera Energy Announces 2024 Financial Results

CALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera”, “PEI” or the “Corporation”) In Q4 2024, Prospera Energy underwent a strategic transformation under new leadership, shifting its focus toward …

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Published on April 30, 2025 - 12:20 GMT

Ariston Middle East Introduces NUOS PLUS S2

The Future of Sustainable Water Heating Is Here DUBAI, UNITED ARAB EMIRATES, April 30, 2025 /⁨EINPresswire.com⁩/ -- Ariston Middle East, a leader in sustainable thermal comfort solutions, proudly unveils the launch of NUOS PLUS S2, a cutting-edge …

Distribution channels: Building & Construction Industry, Companies ...
Published on April 30, 2025 - 11:51 GMT

The Pivot Master Solution Brings Energy-Efficient Irrigation to Farmers in Africa

New standard in sustainable agriculture with the Pivot Master Solution, an innovative irrigation system that transforms the way farmers power pivot irrigation. GEORGE, WESTERN CAPE, SOUTH AFRICA, April 30, 2025 /⁨EINPresswire.com⁩/ -- Tripple …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...