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
Indian Oil to deploy unique digital assistant app for field force as part of Digital India initiative
In support of the Digital India initiative, Indian Oil Corporation Ltd. (IndianOil) had deployed a new technology initiative, a ChatBot, at the recently concluded PETROTECH-2016, the 12th International Oil & Gas.
A successful example of public private partnership (PPP) was exhibited in the country on Wednesday, where in a joint effort of Petronet LNG Limited (PLL), Indian Oil Corporation Ltd and Tata Motors Ltd, for the first time, LNG was established and introduced as a fuel in commercial vehicles in the state capital of Kerala. Union petroleum minister Dharmendra Pradhan launched an LNG fueled bus for the 1st time in the Country.
After the successful run of CNG based buses and transport, India is now looking at LNG (imported natural gas in liquid form) as an alternate fuel to run buses.