ONGC and IndianOil Corporation Limited (IOCL) have reached a pivotal agreement by signing a memorandum of understanding (MoU) to establish a small-scale Liquefied Natural Gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin, Madhya Pradesh. This significant initiative is set to transform the Vindhyan Basin from a Category II to a Category […]
Kotak Mahindra Bank and IndianOil Corporation Limited have joined forces to introduce the IndianOil Kotak Credit Card, a pioneering solution set to revolutionize the fuel credit card market. With a substantial investment in customer savings and credit card reward points, this card emerges as an essential tool for anyone seeking to minimize their fuel expenses. […]
Tata Power EV Charging Solutions Limited (TPEVCSL), a subsidiary of the Tata Power Group and a leading provider of EV charging solutions, together with Indian Oil Corporation Limited (IOCL), have signed a significant Memorandum of Understanding (MoU). This strategic agreement aims to roll out an extensive network of fast and ultra-fast electric vehicle (EV) charging […]
Tata Motors, India’s premier commercial vehicle manufacturer, said that it has delivered state-of-the-art Hydrogen Fuel Cell powered (FCEV) buses to the Indian Oil Corporation Ltd. (IOCL), the nation’s largest petroleum company. Marking a transformative shift towards fully decarbonized transport, two of these groundbreaking buses were ceremoniously launched by esteemed dignitaries, including Hardeep Singh Puri, Union […]
McDermott has secured a project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) contract for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project from Indian Oil Corporation Limited (IOCL). The project, based at the Panipat Refinery and Petrochemical Complex located 62 miles (100 kilometers) from New Delhi, […]
ADNOC Gas, an integrated gas processing company, has signed a 14-year supply agreement with Indian Oil Corporation Ltd (IOCL) for the annual export of up to 1.2 million metric tonnes of liquefied natural gas (LNG) to India. Valued between $7 billion and $9 billion over its 14-year term, the deal underscores a significant advancement in […]
McDermott, a global engineering and construction company, has been awarded a significant project management consultancy (PMC) contract by India Oil Corporation Limited (IOCL). The contract pertains to the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, situated just 62 miles (100 kilometers) from New Delhi, India. As part of the contract, McDermott […]
3i Infotech has bagged a managed services contract renewal worth INR 16.29 crores from Indian Oil Corporation Limited (IOCL). In this connection, the Mumbai-based IT company will offer managed services for IOCL’s data center (DC) IT infrastructure for a period of three years. 3i Infotech said that the contract renewal demonstrates IOCL’s dedication to comply […]
Chennai Petroleum Corporation (CPCL) along with Indian Oil Corporation Limited (IOCL or IndianOil) and seed equity partners have entered into a joint venture agreement for implementing the 9MMTPA Nagapattinam refinery project in Tamil Nadu. IndianOil and CPCL will have a combined stake of 50%, with each having 25% in the joint venture company. The remaining […]
Indian Oil Corporation Limited (IOCL or IndianOil) has awarded a contract to Nuberg EPC for constructing a sulphur recovery plant for its Gujarat Refinery LuPech project. The sulphur recovery plant, which comprises a sulphur recovery unit with a capacity of 400 tonnes per day (TPD), a control room, and a substation for sulphur block, will […]