Production commences from eighth hydrocarbon basin
Oil and Natural Gas Corporation (ONGC) opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin.
IOCL
The latest IOCL news, analysis and data from India and across Asia, reported by Energy Asia.
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IOCL’s proposal to set up CBG plant approved
The Punjab cabinet gave in-principle approval to Indian Oil Corporation Ltd (IOCL) for setting up a compressed biogas (CBG) plant at the site of closed cooperative…
Indian Oil gives its 5 kg cylinder brand identity ‘Chhotu’
Indian Oil's 5 kg FTL cylinder, has been given a brand identity, with a relatable and endearing name Chhotu which will enable a better brand recall…
Indian Oil refineries output rises to 100%
The crude oil throughput of Indian Oil refineries rose to 100% in November 2020, as consumption of all petroleum products has almost reached pre-Covid levels.
251 more days for gas companies to complete work
PNGRB has given up to 251 days of extra time to companies such as Indian Oil Corporation (IOC), GAIL and Adani Gas to fulfil their city…
NextChem and Indian Oil sign circular economy MoU
NextChem and Indian Oil Corporation Ltd have signed a Memorandum of Understanding (MoU) for the development of industrial projects using NextChem technologies to industrialize circular economy…
Hydrogen generation from biomass gasification soon
Indian Oil has inked an MoU with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation technology.
IOC achieves strategic Digital Transformation Milestone
Indian Oil Corporation and IBM have joined together to transform the customer experience for millions of Indian Oil customers. Around 12,400 IOCL distributors covering about 130…
ONGC Videsh set to lose Farzad-B gas field in Iran
India has all but lost the ONGC Videsh discovered Farzad-B gas field in the Persian Gulf after Iran decided to prefer domestic companies over foreign firms…
Aramco, ADNOC committed for $44 bn west coast project
Saudi Arabian Oil Co (Saudi Aramco) and Abu Dhabi National Oil Co (ADNOC) are still committed to investing in the planned USD 44 billion west coast…
USTDA extends supports for India’s first refinery carbon capture project
The U.S. Trade and Development Agency announced it is providing grant funding to Indian Oil Corporation Limited as it evaluates carbon capture utilization and storage technologies…
Five Petroleum and Gas sector PSUs to join International Solar Alliance
Five Public Sector Undertakings under Petroleum & Natural Gas Ministry will be joining International Solar Alliance (ISA)’s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners.
IOCL raises refinery operations to 60% of design capacity
With the demand for petroleum products gradually picking up, Indian Oil has re-started several process units at its refineries that were down due to the lockdown.…
About 85 lakh PMUY beneficiaries got LPG cylinder in April
GoI has announced pro-poor initiatives under Pradhan Mantri Garib Kalyan Yojana, as part of economic response to Covid-19. This is aimed at alleviating the hardships faced…
OMCs announce Ex-Gratia of Rs 5 Lakh for delivery boys and others workers
Oil marketing companies- IOCL, BPCL and HPCL today announced an ex-gratia amount of Rs 5 lakh each, as a one-time special measure, in the unfortunate case…
IOCL commences deliveries of IMO 2020 compliant marine fuel
IndianOil has commenced deliveries of IMO-2020 compliant Low Sulphur Furnace Oil (LSFO) with 0.5% Sulphur as marine fuel at Indian ports. The first such supply was…
ONGC, IOCL sign maiden Crude Oil Sales Agreement for North East
ONGC and IOCL signed Crude Oil Sales Agreement (COSA) for North East on 1st October at New Delhi. The COSA is with effect from 1 April,…
ONGC join hands with IOCL to reduce carbon emission, enhance oil recovery
Oil and Natural Gas Corporation signed a MoU with Indian Oil Corporation on 1st July 2019 for CO2 based Enhanced Oil Recovery (EOR) by injecting CO2…
Steps to curb fuel adulteration
Public Sector Oil Marketing Companies (OMCs) namely, IOCL, BPCL and HPCL take action against the erring Retail Outlet dealers as per the provisions of Marketing Discipline…
Refinery Production report for May 2019
Refinery production during May, 2019 was 21577.85 TMT which is 0.51% lower than the target for the month and 2.98% lower when compared with May, 2018.
Indian Consortium and Saudi Aramco Sign MoU for Ratnagiri Mega Refinery
An Indian Consortium consisting of IOCL, BPCL and HPCL and Saudi Aramco signed a Memorandum of Understanding (MoU) recently to jointly develop and build an integrated…