Indian Oil Corp

Saudi Arabia to Raise Oil Shipments to India

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

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

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 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

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 20 ...

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