Indian Oil Corporation Ltd (IOC), the country’s largest refiner, is to invest Rs 50,000 crore to set up three downstream petrochemical units and expand its refining capacity.
A massive investment plan of $6.6 billion (or Rs 430 billion) by Taiwan’s state-owned petroleum & natural gas company, CPC Corporation, in the country’s eastern coast at Paradip has bumped into a hurdle at the stage of project conception.
A meeting of the Board of Directors of Indian Oil Corporation Ltd is scheduled on Saturday, the 11th August 2018, to consider and approve the Unaudited Financial Results of the Company for the first quarter ended 30th June 2018.
Inventory gains due to higher crude oil prices could offset the negative impact of falling marketing margins and gross refining margins of the three state-owned oil fuel marketers in the quarter ended June.
The Odisha government has voiced its displeasure with the Indian Oil Corporation Ltd (IOCL) for delaying the commissioning of different projects proposed for the petrochemical complex at Paradip.
The Indian Oil Corporation Ltd (IOCL) on Thursday signed two memoranda of understanding (MoUs) to set up a plastic park and textile park in Odisha.
The Indian Oil Corporation Ltd. (IOCL), under the aegis of the ministry of petroleum and natural gas, is organising a first-of-its-kind petrochemical investors conclave on November 16 to attract investments in the petroleum and plastic sectors.
After Petronet LNG successfully re-negotiated a deal with ExxonMobil, in what could potentially save up to Rs 10,000 crores, Jal Irani of Edelweiss Financial Services believes that the end consumer is the ultimate beneficiary.
Three public sector undertakings of the Central Government on Sunday signed a Memorandum of Understanding (MoU) for import of crude oil through Paradip Port for the proposed refinery expansion of Numaligarh Refinery Limited (NRL) in Assam from three million tonne per annum (MTPA) to nine MTPA
Dr. SSV Ramakumar has taken over as Director (Research & Development) on the Board of Indian Oil Corporation Ltd. (IndianOil) here today