Indian Oil has emerged as the first company to deliver the parcel of 0.5 per cent sulphur380 CST marine fuel oil to international ship.
There has been no disruption in the supply of Liquified Petroleum Gas (LPG) in the country according to Indian Oil. IOC was responding to media reports of a shortfall in cooking gas supplies after a drone attack on Saudi Arabia’s oil processing facilities.
State oil marketing companies (OMCs) have permitted dealers to operate more than one petrol pump, paving way for emergence of small chains of filling stations in the country.
State-owned IndianOil commissioned three multi-product pipelines here today at a cost of Rs 98 crore as part of its move towards better management of pipeline network and adhering to safety norms.
Flagship explorer ONGC will retain Hindustan Petroleum as an independent group arm and continue with the company’s brand after acquiring the government’s stake in the country’s third-largest state-run refiner-retailer.
Indian Oil Corporation (IndianOil) would initiate production of second generation ethanol by utilising crop residues and other biomass as feedstock at village Baoli in Panipat district of Haryana.
Indianoil Launches First Charging Station For Electric Vehicles Among Oil Marketing Companies At Company-owned Fuel Station In Nagpur
India’s downstream energy major Indian Oil Corporation Ltd. (IndianOil), in collaboration with Ola, has taken a big leap towards contributing to the vision of Green India by launching the country’s first electric charging station at one of its petrol/diesel stations here today.
India has rejected Russia’s offer of stake in five more oilfields in the Vankor Cluster in Siberia as it doesn’t want to concentrate its upstream investments in just one country, people with direct knowledge of the negotiations said.
Six central oil & gas PSUs, viz., IndianOil, ONGC, BPCL, HPCL, GAIL and OIL, under the administrative control of the Ministry of Petroleum & Natural Gas, have contributed Rs. 15 crore to the Flood Relief Fund of the Chief Minister of Bihar to aid the flood-affected people of the State.
Mindful of threat posed by electric vehicles and renewable to the oil demand in future, India’s state-owned refiners are investing big time into petrochemical projects.