Indian Oil Corp

  • Saudi Arabia to Raise Oil Shipments to India

    Saudi Arabia to Raise Oil Shipments to India

    Monday, 20th May 2019

    Saudi Arabia may recover part of its previous market share on the Indian market, especially after the US sanctions on Iran.

  • ADNOC May Join Saudi Aramco in Downstream Venture

    ADNOC May Join Saudi Aramco in Downstream Venture

    Tuesday, 17th April 2018

    Abu Dhabi National Oil Co. (ADNOC) plans to spend more than $109 billion over the next five years, and is in talks with Saudi Aramco for possible downstream joint ventures abroad, with a focus on Asia.

  • Iran to Receive $11b Investments from India

    Iran to Receive $11b Investments from India

    Wednesday, 5th July 2017
    India’s Oil and Natural Gas Corporation ONGC Videsh is aiming to invest $6b in the giant Iranian natural gas field, Farzad-B, and spend more $5b to build a liquefied natural gas export facility.
  • India Imported 4% Less Oil from Iran

    India Imported 4% Less Oil from Iran

    Wednesday, 12th October 2016
    India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country's Iranian imports reached a 15-year high.
  • India’s Paradip Refinery to Produce Euro VI Fuel by 2020

    India’s Paradip Refinery to Produce Euro VI Fuel by 2020

    Tuesday, 12th January 2016
    State-run Indian Oil Corp (IOC) aims to invest $600m in upgrading its newest Paradip refinery in the eastern state of Odisha to start producing road vehicle fuels compliant with Euro VI emission standards by April 2020, four years earlier than initially planned.