Indian Oil Corporation (IOC), the nation’s largest refiner and fossil fuel retailer, is in talks with Bangladesh and Myanmar to enhance trade of petroleum products and offer its expertise to set up oil infrastructure in the two countries.
Indian Oil Corporation (IndianOil), has adopted 2018 as the ‘Year of Trust.’ From Pradhan Mantri Ujjwala Yojana(PMUY) to daily price revision of petrol & diesel, to the decision to leapfrog BS-VI fuels supply to Delhi by April 1, 2018
Subsidised LPG (liquefied petroleum gas) is now sold at Rs. 495.69 per cylinder in Delhi, Rs. 498.43 per cylinder in Kolkata, Rs. 493.38 per cylinder in Mumbai and Rs. 483.69 per cylinder in Chennai, according to Indian Oil Corporation – the country’s largest fuel retailer. Non-subsidised LPG prices are at Rs. 747 per cylinder (of 14.2 kilograms) in Delhi, Rs. 766 per cylinder in Kolkata, Rs. 719 per cylinder in Mumbai and Rs. 756 per cylinder in Chennai, according to Indian Oil Corporation’s website – iocl.in.
India is discussing setting up refineries and LNG plants in Indonesia, Oil Minister Dharmendra Pradhan said today.
Union Minister for Petroleum and Natural Gas Dharmendra Pradhanand Chhattisgarh Chief Minister Raman Singh inaugurated a terminal of Indian Oil Corporation on Wednesday.
Does it make sense to set up a mega refinery in the country when there are already 23 refineries (public and private sector combined) here, is the question in the minds of many.
The arrival of the New Prosperity tanker into Paradip Port, in Odisha on India’s east coast, at the beginning of October was a landmark moment for US-Indian bilateral relations.
A consortium of Indian companies led by ONGC Videsh (OVL) is likely to acquire a 49 per cent stake in Russia’s Vankor cluster oilfields owned by Rosneft by February 2018.
The country’s largest petroleum retailer, Indian Oil Corporation, sees robust growth in liquid fuel demand despite the challenge from electric vehicles.
State-owned explorer ONGC Ltd could borrow about Rs 25,000 crore to acquire downstream refiner HPCL, which will create the country’s first integrated oil and gas company.