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IOC buys major Oman oilfield stake for $329mIndian Oil Corporation, the country's largest oil firm, has acquired Royal Dutch Shell's 17 per cent stake in the Makhaizna oilfield in Oman for $329 million, said a report. Mukhaizna oilfield is the single largest produci More… |
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India plans $2.7bn refinery expansionIndia plans to invest $2.71 billion to raise capacity of its Panipat refinery in the state of Haryana to 25 million tonnes by 2020, a report said. State-run Indian Oil Corporation is looking at raising the capacity to 25 million t More… |
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India plans $2.7bn refinery expansionIndia plans to invest $2.71 billion to raise capacity of its Panipat refinery in the state of Haryana to 25 million tonnes by 2020, a report said. State-run Indian Oil Corporation is looking at raising the capacity to 25 million t More… |
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Indian refiners explore replacing Iranian oilIndian companies have begun talks with alternative suppliers to slowly replace Iranian oil, fearing their current mechanism for payments to Tehran for some 350,000 barrels a day (bpd) via Turkey could soon succumb to sanctions, industry sources sa More… |
