Hyundai Motor India Limited (HMIL) on Tuesday signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Ltd., India's largest energy company, to explore the viability for mass-use of Hydrogen fuel cell vehicles in India.
Odisha Chief Minister Mohan Charan Majhi on Tuesday said that he is "overjoyed" to announce that the Odisha government has signed MoUs with Petronet LNG, Indian Strategic Petroleum Reserves Limited, and several other companies under IOCL (Indian Oil Corporation Limited) of the Ministry of
With an investment of Rs 61,077 crore, this marks IndianOil's largest-ever investment at a single location, the state-owned oil marketing company said in a statement Tuesday.
The delegates travelled onboard a green hydrogen bus from their hotel to Bharat Mandapam on Saturday. Delegates praised India for pushing green hydrogen technology and wished success for the technology initiative.
Amid the ongoing tariff threat from the US President Donald Trump, the crude oil prices will not be affected by it, says A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian Oil Corporation Ltd (IOCL).
Indian oil marketing companies' EBITDA will rise in the next financial year - 2025-26 -- as demand growth remains steady and Brent crude oil prices fall -- to USD 70 a barrel in 2025 and USD65 a barrel in 2026, said Fitch Ratings.
In a significant step towards sustainability, Indian Oil Corporation (IOC) is set to commission its green hydrogen plant in Panipat, Haryana, within two years.
"It is not a very difficult thing to handle because it has a very limited effect. Whatever sanctions are there, we are abiding by them," Sahney told ANI.