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IOC sells rare Kandla cargo

IOC sells rare Kandla cargo

Indian Oil Corporation has sold 18,000-20,000 tonnes of naphtha for Oct 29 to Nov 3 loading from Kandla after cancelling a previous tender for the same cargo due to low bids, traders said.

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IndianOil targets full automation

IndianOil targets full automation

IndianOil is on a programme to ensure all its outlets in the country are fully automated in five years. IOC has about 25,000 petrol pumps of which 8,800 are automated. Declaring its 53 petrol pumps in Coimbatore

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MSRTC files pliant against HPCL, BPCL, IOC

MSRTC files pliant against HPCL, BPCL, IOC

The Maharastra State Road Transport Corporation (MSRTC) has complained to state Legal Metrology Department (LMD), accusing HPCL, BPCL and IOC of ´short delivery´. Chief Vigilance Officer (CVO) of MSRTC Vineet Agrawal said a complaint was lodged with LMD on September 19.

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India to discuss LNG imports with US

India to discuss LNG imports with US

India will strongly raise the issue of LNG imports with President Barack Obama as the country wants liquefied natural gas to be exported only in vessels built in USA, manned by US crew and insured by American companies.

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Oil & Gas Stepping on the Gas

Oil & Gas Stepping on the Gas

The complete deregulation of diesel prices and the announcement of the new gas pricing formula are bound to give a fillip to the oil & gas sector in the country. Finally, the oil & gas sector has been visited by the ´reforms

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