Indian Oil Corp agrees to form joint venture with Beximco LPG to set up a terminal to import LPG in BangladeshThe joint venture would begin with acquiring Beximco’s existing LPG assets in Bangladesh. “We intend to set up a large LPG terminal at a de...
01 Jul, 2020, 09.29 AM IST
India-Bangladesh form LPG joint ventureIndian Oil’s Dubai unit IOC Middle East FZE and Beximco’s holding company RR Holdings Ltd, Ras Al Khaimah, UAE have signed an agreement for...
30 Jun, 2020, 10.41 PM IST
IOC close to first tender to export fuel to Bangladesh: SourcesBPC has sought 870,000 tonnes of gasoil with sulphur content of no more than 500 parts per million (ppm), 120,000 tonnes of jet fuel, 20,00...
18 May, 2020, 05.30 PM IST
ONGC to invest nearly Rs 13000 crore in Assam in next five yearsThe investment that ONGC has planned is 30% more than its budget for the previous five years.
01 Mar, 2019, 11.44 PM IST
IOC bids for stake in Vietnam's Binh Son refineryIOC is among the at least four companies that have evinced interest in becoming strategic partner in Binh Son Refining and Petrochemical Co...
04 Mar, 2018, 12.05 PM IST
OVL to hold 4 pc; IOC, BPRL 3 pc each in Abu Dhabi oilfieldBesides paying a signature bonus of USD 600 million, the three partners would bear 10 per cent of the planned USD 32 billion capex on the f...
12 Feb, 2018, 06.14 PM IST
Indian Oil planning to enhance fuel trade with Bangladesh, MyanmarThis month, IndianOil will open offices in Bangladesh and Myanmar, with a plan to closely pursue business opportunities in the two countrie...
18 Jan, 2018, 10.49 AM IST
Petronet eyes 26 per cent stake in IOC's LNG terminal at EnnorePetronet LNG Ltd has also approved making a formal proposal to Bangladesh for setting up of a 7.5 million tonne (MT) a year LNG terminal at...
10 Aug, 2017, 06.59 PM IST
India to build diesel, gas pipelines to BangladeshOil Secretary K D Tripathi said the pipelines are part of a non-binding Framework of Understanding (FoU) which India will enter into with B...
13 Apr, 2017, 04.01 PM IST
Indian, Bangladeshi companies ink pacts worth over $9 billionThe agreement between NTPC Vidyut Vyapar Nigam (NVVN) and Bangladesh Power Development Board for supply of power from Nepal envisaged an in...
10 Apr, 2017, 03.54 PM IST
India plans high speed diesel pipeline to BangladeshA formal proposal on the friendship project could be announced when Bangla Prime Minister Sheikh Hasina meets her Indian counterpart Narend...
06 Apr, 2017, 01.47 AM IST
World beating growth lures India refiners to Myanmar fuel marketThe $67 billion economy of 54 million people offers untapped opportunities for foreign companies, after the US eased sanctions following el...
19 Aug, 2016, 12.49 PM IST
Numaligarh Refinery focusing on Rs 20,000 crore expansion plan: Chairman S VaradarajanNRL is focusing on its ambitious refinery expansion plan at an estimated cost of Rs 20,000 crore, along with initiatives to penetrate marke...
04 Sep, 2015, 07.39 PM IST
Bharat Petroleum Corporation says no plan to tie up with private companies for retail expansionRival Hindustan Petroleum said it would be keen to tie up with private players like RIL or Essar for sharing their idle retail infrastructu...
21 Sep, 2014, 03.14 PM IST
Tide Water Oil Co signs equal joint venture with JX Nippon Oil & Energy CorpThe 50-50 joint venture will sell, market, distribute and manufacture the ‘Eneos’ brand of lubricants in India, Nepal, Bangladesh and Bhuta...
21 Jul, 2014, 07.58 PM IST
- ONGC may rope in strategic partner for Dahej petrochem unit
State-run Oil and Natural Gas Corp (ONGC) may rope in a strategic partner for its mega petrochemical plant before going for an initial publ...
09 Jun, 2010, 07.12 PM IST
- World slips on oil mess as demand outpaces supply
India could play a vital role in softening the pressure on the global fuel market as Reliance Petroleum’s (RPL) Jamnagar refinery readies f...
29 May, 2008, 05.01 AM IST