Indian Oil

Reliance signs production sharing pact for offshore blocks in Myanmar

Indian oil and gas major Reliance Industries said on Tuesday it had signed an agreement with Myanmar for a production sharing contract for two offshore blocks.

Mar 31, 2015, 19:35 PM IST

India slashes Iran oil imports in January

India slashed imports of Iranian oil in January as New Delhi scrambled to bring its purchases from the OPEC member in line with 2013 levels, according to data obtained from trade sources and ship tracking data on the Thomson Reuters terminal.

Feb 12, 2015, 16:18 PM IST

Oil refiners gain as crude oil prices cool down

Shares of oil refiners gain after crude oil prices cool down. Bharat Petroleum Corp gains 3.3 percent, Hindustan Petroleum Corp rises 3.1 percent and Indian Oil Corp is up 1.7 percent.

Jun 30, 2014, 11:31 AM IST

IOC seeks exemption for LPG plant operations from strikes

Public sector Indian Oil Corporation wants operations of LPG bottling plants to be included in the Essential Services Maintenance Act (ESMA) and has sought exemption for such facilities from strikes.

Jun 07, 2014, 14:42 PM IST