IOC to import Iraqi oil for India's maiden strategic reserve
The first of the storages at Visakhapatnam (Vizag) is ready and IOC and Hindustan Petroleum Corp Ltd (HPCL) have been tasked to import Basra Light crude oil of Iraq to fill it, official sources said.
Jun 03, 2015, 17:12 PM IST
Indian Oil net profit down 33% at Rs 6,285.35 cr in Q4
Indian Oil Corp, the nation's largest fuel retailer, reported 33 percent dip in net profit for the March quarter mainly on account of a lump sum subsidy it had received in the comparable quarter of the previous fiscal.
May 29, 2015, 14:42 PM IST
