Refiner looks to build SMRs for clean power use in refineries Indian Oil’s R&D director Sharma speaks in New Delhi Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and […]
Indian Oil Corporation and Bharat Petroleum Corporation Limited have suspended purchases of Russian crude oil. The two large refiners are awaiting more clarity on the EU sanctions regime. India, the world’s third-largest crude oil importer, […]
Japan’s Japex will sell its 10% stake in a Canadian shale gas project to Malaysia’s Petronas amid concerns over profitability and its carbon footprint. Japex is divesting its share of a joint venture that is responsible for […]
State-run refiner Indian Oil Corporation (IOC) has made its first purchase of Norway’s Johan Sverdrup crude, buying four million barrels via a tender as it speeds up diversification of crude imports, two trade sources told Reuters on […]
Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air/zinc-air battery systems, to form IOC Phinergy Private Limited. According to a press release, the […]
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