Tag: Indian Oil Corp.
India: captive power plant
Bharat Heavy Electricals Ltd (BHEL) has secured another contract from Indian Oil Corp. (IOC) for setting up a captive power plant at its Barauni Refinery Complex.
Iran: Farzan oil field development
ONGC Videsh Ltd, a fully owned subsidiary of Oil and Natural Gas Corp. Ltd, in association with Indian Oil Corp. and Oil India Ltd, is expected to start production of an Iranian oil field by 2012-13.
India: Paradip refinery
Indian Oil Corp. (New Delhi) has announced that it will achieve financial closure for its proposed USD 6.5 billion Paradip refinery project by the end of 2008.
IOC to invest in Iran
Indian Oil Corp. (IOC) has lined up close to USD 1.5 billion as its share of the total investment of USD 5.7 billion in a stream of integrated LNG projects captioned "exploration to gas sales" in Iran.
IOC plans to double refinery capacity
State-run Indian Oil Corp. (IOC) has finalised plans to double the capacity of its Panipat refinery in northern India to 240,000 barrels per day.