IOC bags crucial auction for second time in a row

The largest oil company in the country, Indian Oil Corporation (IOC), has walked away with half of the natural gas that Reliance Industries Ltd and its partner, BP of the UK, offered in…

Nation’s top refiner eyes processingbio-naphtha for petrochemicals

Indian Oil Corp., the top refiner in the nation, announced on Friday that it plans to use bio-naphtha in its crackers to decarbonize its petrochemical feedstocks. “To attain sustainability, bio-based feedstocks such as…

Russian oil company likely to build greenfield refinery in India

Largest oil company in Russia, Rosneft, has expressed interest in forming a joint venture (JV) with public sector refiners to construct a greenfield refinery in India. Bharat Petroleum (BPCL) and Indian Oil Corporation…

Praj Industries inks aviation fuel agreement with IOC

A collaborative venture between Indian Oil Corporation and industrial biotech company Praj Industries will create sustainable aviation fuel (SAF). The use of ATJ gasoline will reduce aircraft emissions. The IOC board accepted the…

Indian Oil likely to develop Haldia refinery into petrochemicals complex

A top official said that the Indian Oil Corporation (IOC) is eager to transform its current refinery in West Bengal’s Haldia into a petrochemicals complex in order to sustain operations profitably. According to…

IOC to establish green hydrogen plants at all refineries

Indian Oil Corporation (IOC) chairman Shrikant Madhav Vaidya said that the company would install green hydrogen plants at each of its refineries as part of a pivot to a Rs 2 lakh billion…

Indian public sector refiners to establish 137 KTPA Green Hydrogen Provision by 2030

Indian Public Sector Undertaking oil refineries are planning to establish 137 kilo tonnes per annum (KTPA) of green hydrogen provisions by 2030. Dr. SSV Ramakumar, Director of Research and Development for Indian Oil…

Ion Exchange India Ltd secures LoA from Indian Oil Corporation

Ion Exchange India Ltd was awarded a Letter of Award from Indian Oil Corporation Limited (IOCL) for the work of Water Treatment Plant including Reverse Osmosis, Demineralization Plant, Condensate Polishing Unit, Zero Liquid…

IOC clears Rs 4,000 crore PVC plant in Gujarat

Central public sector undertaking, Indian Oil Corporation has approved the investment proposal of more than ₹4000 Crore in Gujarat for a PVC (polyvinyl chloride) manufacturing facility. According to sources, the Corporation board approved…

Chennai Petroleum inks deal with IOC forRs 31,580 crore refinery in TN

The proposed 9 million tonne per annum (MTPA) refinery and petrochemicals project at Nagapattinam in Tamilnadu has a joint venture agreement that was signed by Chennai Petroleum Corporation (CPCL), Indian Oil Corporation Limited…

Urea production commences at HURL Barauni plant

Urea production has started at Hindustan Urvarak & Rasayan Limited’s (HURL) Barauni Plant. In order to achieve self-sufficiency in the urea sector, the government has taken the initiative to reopen the shuttered urea…

Indian Oil selects Nuberg EPC for renowned 400 TPD SRU Project

The Gujarat refinery of Indian Oil Corporation Limited is increasing its petrochemical capacity (LuPech Project). The largest global EPC and turnkey project management firm in India, Nuberg EPC, revealed that it had been…

Coal India Limited to sign MoU with BHEL, IOCL and GAIL

In order to establish four surface gasification projects, the state-owned CIL would enter into agreements with three public sector companies: Bharat Heavy Electricals Ltd (BHEL), Indian Oil Corporation Ltd (IOCL), and GAIL (India)….

Thyssenkrupp Industrial Solutions bags EPC contract for $ 75 million

Indian Oil Corporation announced that Thyssenkrupp Industrial Solutions India has won an EPC contract for USD 75 million to build a catalytic dewaxing unit (CDWU) at its Baroda refinery in Gujarat. The German…

CPCL approves 9 mmta Cauvery Basin Refinery project

The 9 mmta Cauvery Basin Refinery (CBR) project, which would cost Rs 31,580 crore, has been approved by the board of Chennai Petroleum Corporation Ltd. (CPCL), which has agreed to contribute up to…

L&T bags major contract from IOCL

A significant contract has been won by the L&T Energy Business’ Hydrocarbon-Onshore branch from Indian Oil Corporation (IOCL). In order to address the rising demand for petroleum products as well as to improve…