indian oil corp

India is planning a massive expansion of green hydrogen production to curb its dependence on energy imports and to wean the economy off fossil fuels to meet climate targets. New Delhi is aiming for an annual production capacity of 25…

has emerged as the highest bidder for JBF Petrochemicals with a ₹1,800-crore resolution plan that is the best of the three offers received for the bankrupt company at the expiry of the August 30 bid deadline, sources in the know told…

India has pushed into a corner of the Russian oil market once dominated by China, taking a record number of shipments of a Far Eastern grade as the fallout from Moscow’s invasion of Ukraine reshapes trade flows. Six vessels hauling…

A consortium of () and , besides (India) and Kolkata-based MCPI have submitted formal bids to take over Mangalore-based bankrupt company Petrochemicals, two people familiar with the deal said. Three others - (), a consortium of…

Mumbai: Engineering major Larsen and Toubro (L&T) plans to invest up to $2.5 billion (₹20,000 crore) in building its green energy portfolio, a senior company official said. "We are looking at up to $2.5 billion of investment over the…

Engineering major Larsen & Toubro is committed to work across the green energy value chain and plans to invest up to USD 2.5 billion over the next 3-4 years, a company official said. The investment of such a large scale in the green…

will restart crude processing at its 300,000 barrel per day Paradip refinery in eastern Odisha state from mid-September after a 45-day maintenance turnaround, two industry sources said on Tuesday. The refinery has one crude unit. While…

India's largest oil marketing company, state-run (), is looking to sell seven of its hydrogen generation units at its refineries, two people aware of the development said. The sale is part of the asset monetisation plan of the…

India is planning to start a carbon trading market for major emitters in the energy, steel and cement industries, as part of its efforts to hasten the transition to cleaner fuels. The platform is likely to be announced by Prime Minister…

Indian Oil Corp swung to a loss of ₹1,993 crore in the April-June quarter from a profit of ₹5,941 crore a year earlier as its inability to raise fuel prices more than offset gains from record-high refining margins. Revenue from…