The Indian Oil Corporation Limited (IOCL) intends to raise $22,000 crore through a rights offering. The public sector oil marketing company’s (OMC) board of directors has authorized the capital raise,Continue Reading
Indian Oil Corporation (IOCL), India’s largest oil marketing corporation, is proposing to establish a new company to house its alternative energy companies. IOCL is already established and has ambitious developmentContinue Reading
The Indian government has set an ambitious objective of decreasing the carbon intensity of its economy by 45 percent by year 2030. In this backdrop, hydrogen fuel cell technology isContinue Reading
State-owned energy corporations are seeking partners to collaborate and create green hydrogen plants to power their refineries and commercialize the fuel. Over the next three years, Indian Oil Corp. LtdContinue Reading
Oil marketing companies (OMCs), which until two years ago saw a bright future in fossil fuels, are readying expansion plans for the electric vehicle (EV) segment. The pandemic has changedContinue Reading
Furthering the Government of India’s commitment in promoting the use of environmentally friendly products, the Ministry of Environment, Forest and Climate Change has given Environment Clearance to Indian Oil CorporationContinue Reading
Indian Oil Corporation (IOCL) has signed an Memorandum of Understanding (MoU) with Haryana Government to set up bio-CNG plants based on paddy straw and other agri-waste in the state. The firstContinue Reading
State-run oil marketing companies Indian Oil Corporation (IOC); Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) plan to spend nearly Rs10,000 crore to set up Bio-CNG plants across IndiaContinue Reading
