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The state owned oil marketing companies are exploring the new avenues for revenue as traditional sources such as sale of petrol, diesel and LPG are subject to government approvals.  Largest OMC Indian Oil Corp (IOC) has ...
Indian Oil Corporation (IOC) is mulling over setting up another greenfield refinery on the west coast  to meet the rising demand of petroleum and petrochemical products. The refinery with an envisaged capacity of 14-15 million metric ...
State-run Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) are planning to bid for Shell India’s retail outlets. Shell India, the domestic arm of Royal Dutch Shell Plc, had offered for sale 20 of ...
                                  Eight Indian companies, including oil major IOC and Mukesh Ambani-led Reliance Industries (RIL), have made the cut in the list of the world’s 500 largest companies compiled by Fortune. The league of 500 elite companies for ...
State-run Oil India and refiner Indian Oil Corp on Thursday denied reports that they were still considering an offer for Syrian-focussed oil explorer Gulfsands Petroleum. On Wednesday agencies reported comments from Oil India’scChairman N M Borah ...
The company is setting up facilities at an investment of Rs 2,615 crore to produce Euro IV fuel as well as a delayed coker unit and hydrocracker revamp ...
The company is interested in picking up stakes in ports to create infrastructure for captive use ...
 Petroleum minister Murli Deora held discussions with the Tamil Nadu state administration for setting up an LNG (liquefied natural gas) terminal and a power plant at Ennore. The proposed project is to be developed by Indian ...
Country’s largest company by market capitalisation Reliance Industries (RIL) appointed the head of its Jamnagar refinery Pawan Kumar Kapil, 64, as executive director on its board. The appointment is part of company’s head honcho Mukesh Ambani’s plan ...
The state-owned IOC will buy 1.6 million cubic metres of natural gas a day from Reliance Industries  to replace costlier liquid fuel at its refineries. ...