Saudi Aramco, the world’s largest producer and exporter of crude, may invest about Rs 3,000 crore to pick up 10 per cent stake in Indian Oil Corporation (IOC) upcoming refinery
State-run oil companies, ONGC Videsh Limited (OVL), Indian Oil Corporation (IOC) and Oil India Limited (OIL) will invest close to $ 2 billion in oil assets off
Declining gross refining margins, rising under recoveries and increasing loss on bonds have pushed the third quarter net profit on Indian Oil Corporation (IOC) to Rs 696.59 crore
The country’s largest oil marketing company, Indian Oil Corporation (IOC) has lined up capital expenses of Rs 14,500 crore for the next financial year. In addition, IOC proposes to
For the first time the country’s largest oil marketing company, Indian Oil Corporation, will issue dollar-denominated bonds in overseas markets to raise close to $500 million.
The state-owned oil
Indian Oil Corporation (IOC) said on Tuesday that it would lose about Rs 24,000 crore on sale of subsidised petroleum products in the present financial year. The company, along
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), will increase its diesel output capacity by 30 per cent in next two-three months.
Country’s largest refiner, Indian Oil Corporation (IOC) has said that it would not float fresh tenders for ethanol purchase for blending with petrol. IOC will wait for a directive
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