India has become the world’s biggest market for Russian Urals crude oil and will likely be importing even greater quantities following the opening of a new, shorter route from St Petersburg to N...

The West Bengal government will run a large number of buses on CNG, an environment-friendly fuel, transport minister Firhad Hakim said on Wednesday while inaugurating a CNG station at the Kasba bus de...

India's oil imports from the United States will rise by 11% this year, officials said on Saturday, as the severely energy-deficient country looks to secure supplies from producers around the world...

Indian Oil Corporation has set tougher terms for crude from Russia. In its latest tender issued this week, the state-owned refiner said it would accept Russian and Black Sea loading grades on a deliv...

The foundation stone-laying ceremony of a Rs 80-crore bus stand to be built jointly by Haldia Refinery and the Indian Oil Corporation here was marred a few hours prior to the event purportedly by a fa...

A meeting of private industry officials organised by the East Midnapore district administration in Haldia on Thursday to boost employment generation turned into a venue for the participants to voice t...

Indian Oil Corporation (IOC), the nation's largest oil firm, has renewed a deal to buy up to 2 million tonnes of crude oil in 2022 from Russia’s Rosneft, the Russian oil producer said. IOC ...

State-owned refiner IOC plans to invest close to Rs 1 lakh crore (trillion) over the next five years to expand its refinery capacity to 106.7 million tonnes (mt). At the company’s AGM on Friday...

Multiple pumps in Calcutta ran out of fuel by Friday afternoon and many others were running low on stocks after a flash strike by oil transporters cut off the supply line. The city and its adjacent a...

Indian Oil Corporation has reported a three-fold jump in net profit during the April-June quarter of 2021 because of higher margins from the refining business and inventory gains. The PSU behemoth sa...