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Indian Oil Corp Ltd reported a nearly 18 per cent rise in second-quarter profit.

Indian Oil Corp signs up US crude in first ever term-tender deal

The sanctions, which would come into force from November 4, are likely to block current payment routes used to pay for...

8 Aug 2018 6:06 PM IST

Singapore-headquartered India LNG Transport Co (No 4) is the firm that won the time-charter contract from Petronet and got the 173,000 cubic meter vessel built at Hyundai Heavy Industries Co Ltds Ulsan shipyard in South Korea.

India plans to set up LNG terminal in Myanmar

The terminal will be in addition to the similar facilities planned by Indian firms in Bangladesh and Sri Lanka.

3 Aug 2018 1:01 PM IST

Oil Minister Dharmendra Pradhan today said the government is keeping a close eye on international prices.

Govt raises ethanol price for blending in petrol by 25 per cent

Diverting sugarcane juice for directly making ethanol, which can be doped in petrol, is common across the major sugar...

12 Sept 2018 5:49 PM IST

IOC and the state govt agreed to revised terms at the meeting called at the behest of Pradhan. (Photo: AP)

IOC, Odisha strike deal on tax incentives for Paradip refinery

VAT collected and not paid in 2015-16, 2016-17 and 2017 -18 will be deposited by IOC immediately.

19 Aug 2017 4:26 PM IST