Indian Oil sells more naphtha for August -sources

Indian Oil sells more naphtha for August -sources

Indian Oil Corp sold a naphtha cargo last Thursday, bringing its total August exports to 97,000 tonnes, the highest monthly volume from the port of Chennai since 2015, three industry sources said on Tuesday.

Indian Oil to invest ₹25,083 crore this fiscal

Indian Oil to invest ₹25,083 crore this fiscal

Indian Oil Corp Ltd, India’s largest refining and marketing company will invest ₹25, 083 crore this fiscal to meet its capital expenditure, said Sanjiv Singh, Chairman, Indian Oil Corp Ltd (IOCL). Last fiscal, IOCL had incurred a capital expenditure of ₹28,200 crore.

Indian Oil to construct biodiesel and ethanol tanks in Uttarakhand

Indian Oil to construct biodiesel and ethanol tanks in Uttarakhand

In an effort to increase usage of green fuels in Uttarakhand, Indian Oil Corporation (IOC), the union government oil company, is undertaking a project to construct a 600 kilolitre (KL) biodiesel tank and three ethanol tanks of 70 KL capacity at Lalkuan depot in Nainital district, said IOC officials on Tuesday.

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