Indian Oil Corporation has initiated measures to enhance Liquefied Petroleum Gas (LPG) production and prioritise its availability for domestic consumers following geopolitical disruptions to global fuel supplies. In a statement on Tuesday, the corporation confirmed that the Ministry has t
A research note from UBS has flagged rising risks for India's state-owned oil marketing companies as crude oil market volatility intensifies due to geopolitical tensions in West Asia.
Mangalore Refinery and Petrochemicals Limited (MRPL) has officially denied reports circulating on social media regarding a partial shutdown of its facilities, asserting that its operations remain fully functional despite speculation of feedstock shortages. The state-controlled refiner issued
Scott Bessent, the US Treasury Secretary, yet again said that the United States has given India the "permission" to accept Russian oil in the wake of the developing security situation in West Asia.
The Uttar Pradesh government and Indian Oil Corporation Limited have signed an MoU for the construction of an international cricket stadium in Gorakhpur on Thursday.
Russian Foreign Minister Sergey Lavrov took a dig at the United States in an interview with TV BRICS and said that there are efforts to ban India and other partners from purchasing Russian oil, Sputnik reported on Monday.
Indian Oil Corporation Limited (IndianOil) reported a robust financial and operational performance in the first nine months of 2025-26, achieving its highest-ever crude throughput and sales volumes.
In an official X post, the Congress leader said, "He told us Op Sindoor had been halted. He told us India had stopped buying Russian oil. And now this, " Ramesh said, referring to Trump's statements.
"This is the right time, and the country is moving upward in terms of growth that is unprecedented. Our GDP is growing, we are on a growth trajectory, and we will soon become the third-largest economy. The exchange of technology and energy resources will lead to more sustainable and eco-frie
India stands as a critical destination for global energy capital as the nation pursues a USD 500 billion investment roadmap to support its rapid economic expansion. In an exclusive interview with ANI, Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney stated that the country's traje
Chairman of Indian Oil Corporation Ltd (IOCL), A S Sahney, said that Indian refineries are "robust" and can process Venezuelan crude if it becomes available.
Taneja also noted that recent developments may not have an immediate impact on oil prices and could create opportunities for Indian oil companies if sanctions are lifted.