In a bid to stem further delays, Indian Oil Corporation (IOC) will implement the Rs 29,777 crore Orissa refinery on lump sum turnkey contract basis. IOC decided to adopt LSTK
Country’s largest oil marketing company Indian Oil Corporation (IOC) has sourced $500 million bullet loan to partly fund its upcoming refinery in Orissa. “This is a bullet-term loan for
Country’s largest oil-marketing company, Indian Oil Corporation (IOC), will spend Rs 2,000 crore in next five years to develop power projects based on alternative sources of energy like tides, solar,
Indian Oil Corporation (IOC) will commission its first natural gas pipeline by month-end. The 132-km- and 30-inch diameter pipeline from Dadri in Uttar Pradesh will supply gas to IOC’s
Indian Oil Corporation (IOC), country’s largest company by sales, will set up a Rs 900 crore synthetic rubber plant in Panipat.
Global crude oil prices hovering around $80 per barrel will help investments to continue in the petroleum sector across the globe. The prices remaining range bound will also help
State run oil marketing company, Hindustan Petroleum Corporation Limited (HPCL) Board will meet next week to consider a move for revoking corporate guarantees worth Rs 500 crore of Kingfisher Airlines.
Petroleum ministry on Wednesday said a transparent mechanism for compensating oil-marketing companies (OMCs) for under-recoveries is need of the hour to maintain their financial health.
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