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Refineries News

13 Jan 2016

IOC to invest Rs 21,000 crore to upgrade fuel quality

State-owned Indian Oil Corp (IOC) will invest Rs 21,000 crore in upgrading six refineries to produce Euro-VI grade petrol and diesel by April 2020, its Director (Refineries) Sanjiv Singh said Wednesday.

18 Sep 2014

India ships in 50% more Iranian oil in Jan-Aug

Indian imports of Iranian oil rose by nearly half to 271,000 barrels per day (bpd) in January-August from a year ago, when refineries cut purchases due to worries about insurance coverage for processing crude from Tehran, data from trade sources shows.

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