indian oil corp

NEW DELHI: India's top refiner Indian Oil Corphas set up a subsidiary to pool the funds of its overseas units in order to meet capital and trade finance needs, it said in a statement on Thursday. The new unit - Finance Company - will help…

NEW DELHI: Oil and Natural Gas Corp has for the first time sold oil through a three-month local tender, commanding $5-$8 per barrel more than existing rates under new rules that allow producers marketing freedom, industry sources said. ONGC…

NEW DELHI: Global energy markets that have thrown up plenty of anomalies in 2022 as flows get rerouted and prices jump just saw a fresh quirk: India, typically Asia’s leading gasoline and diesel exporter, has been forced to step up imports…

NEW DELHI: Russia's Rosneft sold 700,000 tonnes of Urals oil loading from Baltic ports of Primorsk and Ust-Luga in May to Indian Oil Corp (IOC), the country's top refiner, two traders familiar with the matter told Reuters on Friday.…

NEW DELHI: India is eager to take more Russian crude at bargain prices as buyers from the US to Europe shun its oil after the invasion of Ukraine. Russia’s Urals crude is being snapped up by Indian oil refiners after collapsing to a steep…

On Wednesday, Indian government officials said that state-controlled Indian Oil Corp. had reached a deal to buy 3 million barrels of oil from Russia’s Rosneft Oil Co. at a 20% discount to global prices. This is a drop in the ocean of…

NEW DELHI: Indian refiners' crude oil throughput rose in January, holding near 21-month highs reached in November, with fuel demand and refinery runs expected to grow further on the back of a strong economic recovery. Crude oil throughput…

NEW DELHI/MEXICO: Indian Oil Corp (IOC), the country's top refiner, will increase crude purchases from Iraq by 11.5% in 2022 to 390,000 barrels per day (bpd), partly to make up for a shortfall from Mexico and a possible supply cut from…

As many as 10 sports persons employed with central public sector enterprises such as and have been recommended for the prestigious national sports awards including Dronacharya Award for hockey coach Sandeep Sangwan. The sportsperson…