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Indian Oil Corp (IOC) News

Indian Oil Corp (IOC)

25 Dec 2020

Indian Oil Corporation to buy 15 hydrogen-fueled buses

Indian Oil Corporation (IOC) plans to buy 15 buses that can run on hydrogen fuel. IOC will also set up a facility at its Faridabad research and development (R&D) centre to produce hydrogen to run the buses. These vehicles produce electricity using a fuel cell-powered by hydrogen, rather than drawing electricity from only a battery.

04 Aug 2017

IOC to buy up to 50 % stake in Mundra LNG terminal

The board of India's largest oil firm gave "in-principle approval for acquiring up to 50 percent equity in GSPL LNG Ltd, which is setting up a 5 million tons per annum LNG terminal at Mundra Port in Gujarat," the company said in a statement.

03 Aug 2017

IOC steps up crude oil import from US

IOC Chairman Sanjiv Singh said IOC bought crude from US for the first time after crude export ban was lifted in December last year.

State-owned HPCL

16 Jul 2017

HPCL to invest Rs 61,000 crore by 2021 on expansion projects

HPCL said it is building a new 9 million tonnes per annum refinery-cum-petrochemical complex at Pachpadra in Rajasthan and a petrochemical complex at Kakinada in Andhra Pradesh.

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