India Oil chairman, Sanjiv Singh, said that bringing petroleum products under GST would be advantageous for us because then it will be a seamless transfer of taxes.
State-owned Indian Oil Corp (IOC) today signed an initial pact with Israel’s Phinergy Ltd for developing ultra lightweight metal-air batteries that can be used in electric vehicles(EVs).
Rising crude oil prices would expand the need for working capital and raise energy cost for Indian Oil Corporation (IOC), the nation’s largest refiner and fuel retailer, chairman Sanjiv Singh said in an interview to ET’s Sanjeev Choudhary.
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
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 Euro-VI grade petrol and diesel will be supplied to the national capital by three oil PSUs from their refineries at Mathura, Bina and Bhatinda from April to help it fight the alarming levels of air pollution.
India’s top oil refiner is exploring the use of natural gas and electricity to power vehicles as Prime Minister Narendra Modi’s government envisions multiple paths toward reducing the country’s dependence on petroleum-based fuels.
State-owned Indian Oil Corp (IOCBSE 7.99 %) today said its board has approved Rs 15,034 crore investment to expand its Gujarat refinery by 2022.
Home-delivery of petrol and diesel will be a reality soon with the government-owned fuel retailers in advanced talks with Petroleum and Explosives Safety Organization (PESO) on formulation of safety norms and issuance of licenses, Sanjiv Singh, Indian Oil Corp (IOC) Chairman and Managing Director said.
Sanjiv Singh has taken over as Chairman of Indian Oil Corporation (IndianOil) with effect from 1st June 2017. Prior to his elevation, he was Director (Refineries) on the IndianOil Board since July 2014.