Petrol pump expansion by state-owned oil marketing companies may grind to a halt in the next few months after the last of the dealerships built as part of an expansion that began in 2014 go on stream.
A major fire broke out at Paradip refinery of Indian Oil Corporation Limited (IOCL) on December 12, 2017.
One of two oil depots within capital limits is likely to be shut for good in the next two months when Indian Oil Corporation’s (IOCL) recently inaugurated smart terminal at Khunti becomes operational, the news sure to be welcomed by residents of Namkum, especially students of Bishop Westcott School which was perilously close to the 2,500 kilo litre facility.
THE Indian Oil Corporation Ltd (IOCL) on Friday clarified that there was no leakage of gas in its refinery. Rather spillage of molten sulphur in IOTL area led to minor burn injury of four workers.
The polypropylene unit being set up by Indian Oil Corporation Ltd (IOCL) will be commissioned in Odisha’s Paradip by June 2018, said an official on Monday.
Indian Oil Corporation Ltd will organise a conclave here on Thursday, with an aim to provide a platform for young investors to interact with business leaders of the petrochemical industry, government functionaries and financial institutions.
Union Petroleum Minister Dharmendra Pradhan on Wednesday said that Indian oil and gas sector will attract more than 300 billion dollar investment in next 10 years as it will remain the most attractive market for the energy.
The operation of Coal India’s Rs 7,700-crore fertiliser plant at Talcher in Odisha has hit a roadblock: Neither the company nor its partners have the technology needed to run it.
Mumbai-based Tata Motors is in talks with Indian Oil Corporation Ltd (IOC) and Petronet LNG Ltd (PLL) for developing related infrastructure for its LNG buses along the high-density Delhi-Mumbai and Kolkata-Bengaluru corridors.
The Odisha government and the Indian Oil Corporation Limited (IOCL) will soon file a joint petition in the Orissa High Court to inform it about the settlement of the dispute between the two over the Paradip refinery.