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Latest Articles in indian oil corp

IOC Buys More US Crude; First To Purchase Eagle Ford Shale Oil

IOC bought 950,000 barrels of light sweet Eagle Ford shale oil and 950,000 barrels of heavy sour Mars crude for end-October delivery from trading firm Trafigura

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India Set To Unveil New Biofuel Policy In Bid To Cut Oil, Gas, Coal Imports

The government aims to develop a biofuel economy worth Rs 1 trillion ($15.6 billion) in the next two years, Oil Minister Dharmendra Pradhan told a conference on renewable energy

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West Coast Refinerys Complex To Cost Rs 2.7 Lakh Cr: Dharmendra Pradhan

State-owned Indian Oil Corp, Bharat Petroleum Corp and Hindustan Petroleum Corp are building the integrated complex with a refining capacity of 60 million tonnes per annum at Babulwadi, Taluka Rajapur, Ratnagiri district

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Gulf's Share Of Indian June Oil Imports To 19 Month Low

Middle East imports fell 7.6 per cent in June from the previous month, partly driven by declines from Kuwait, Iraq and Saudi Arabia as the production cuts by the Organization of the Petroleum Exporting Countries (OPEC) made more of a dent in supply.

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India Buys First Ever US Crude Oil, To Step Up Purchases

The purchase comes after Indian Prime Minister Narendra Modi's visit to the US in June when President Donald Trump said his country looked forward to exporting more energy products to India.

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India's Largest Refiner IOC Setting Up Singapore Oil Unit

The state-run company is part of a growing group of refiners in Asia that have set up offices in Singapore's oil hub to keep closer tabs on the market and react more quickly to changes.

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India's Diesel Demand Boosts Rare Imports Of The Fuel

A rise in diesel demand is boosting India's rare imports of the industrial and transport fuel, helping to mop up some of the excess supply of the fuel in Asia, traders said on Wednesday

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