Indian Oil Corporation wants to set up a petrochemical plant in Yemen provided it is allocated a gasfield, a senior company official said on Friday.
IOC-OIL have decided to hold 25% stake in RIL's East Timor oil and gas block.
'We are approaching major test events in August and we all need to see progress in this regard.'
Indian Oil Corporation has emerged as the top company in oil trading amongst national oil companies in the Asia Pacific region, as per the annual survey conducted by Applied Trading Systems, Singapore for the year 2003.
With reference to the news article appearing in a leading financial daily captioned 'IOC, National Iran Oil in stock swap talks', Indian Oil Corporation Ltd has informed BSE that the matter has not yet been finalised and it is too early to comment.
State-run Indian Oil Corporation plans to set up solar power panels and power plants at its over 18,100 retail outlets across the country at a cost of Rs 500 crore (Rs 5 billion).
Indian Oil Corporation has started buying crude oil from Cairn India's Rajasthan oil fields, which have now crossed the 1,00,000 barrels per day mark in production.
In keeping with the main theme of 'Tides Surging in Asia', the ceremony was about the intermingling of China, Asia and the world in the new era
Indian Oil Corporation said on Thursday that it would spend Rs 2,400 crore (Rs 24 billion) on overhauling its marketing operations
Having endured a "strange" feeling while walking under the IOC flag in the opening ceremony of Sochi Winter Olympics, Himanshu Thakur is a relieved man now as he will be able to take part in the closing ceremony under the tri-colour after the world body lifted the ban on the country.
The International Olympic Committee (IOC) will look into allegations that Azerbaijan was promised two gold medals at next year's London Olympics in exchange of cash and could launch its own inquiry, it said on Friday.
Indian Oil Corporation on Friday offered a stake to Kuwaiti companies in its upcoming petrochemical plant at Panipat and the proposed refinery at Paradip.
Indian Oil Corporation signed an agreement with West Bengal government on Wednesday for setting up a world class petroleum, chemical and petrochemical hub at Haldia.
On Wednesday, Thakur asked the protesting wrestlers not to take any step that could undermine sports or hurt players, and said appropriate action will be taken once the probe into their allegations is completed. He also urged the wrestlers to be patient and have faith in the apex court.
IOC is building a 5 million tonnes per annum LNG terminal at Ennore near Chennai which is to be completed by 2017.
The petroleum ministry said there was no proposal to merge IOC and ONGC though the divestment ministry had made such a suggestion.
Indian Oil Corp, the country's largest refiner, said on Thursday the value of its inventory of crude oil and refined products dropped Rs 350 crore (Rs 3.5 billion) in April as crude prices fell after the Iraq war.
Jim Thorpe will now go down as the sole winner of the decathlon and pentathlon at the 1912 Stockholm Games, 110 years after the American was stripped of his medals for infringing amateur rules at the time.
Indian Oil Corporation, the country's largest oil firm, is eyeing acquisition of Turkey's biggest refiner - Turkish Petroleum Refineries Corporation (TUPRAS).
The International Olympic Committee has asked its Indian member Randhir Singh to take all measures, including legal action, against 'illegitimate individuals' claiming to represent the suspended Indian Olympic Association.
Indian Oil Corporation on Monday proposed dual pricing for petroleum products in the country to prevent state-run oil companies from slinking into financial morass.
Indian Oil Corporation, country's largest oil firm, plans to invest about Rs 190 crore (Rs 1.9 billion) in laying a pipeline from Panipat to Jalandhar to move LPG from its Panipat refinery.
With hopes of the ban on the Indian Olympic Association being lifted, Sports Minister Jitendera Singh, on Monday, cleared the air, stating that, if needed, he will meet International Olympic Committee officials in Lausanne.
In a filing to the Bombay Stock Exchange IOC said the shareholders, by way of postal ballot, has approved theissuance of bonus shares in the ratio of 1:1.
Net profit in the January-March quarter stood at Rs 3,905.16 crore (Rs 39.05 billion) from Rs 5,556.77 crore (Rs 55.56 billion) a year ago, IOC chairman R S Butola told reporters in New Delhi.
The Sochi Winter Games set records in competitor numbers, medals awarded and quality of venues, keeping athletes happy and proving critics wrong, said International Olympic Committee President Thomas Bach on Sunday.
British freestyle skier Gus Kenworthy has urged the International Olympic Committee (IOC) not to allow countries that have "appalling human rights stances" to host the Games and questioned China's suitability to stage the 2022 Winter Olympics.
With crude oil touching a record $72 per barrel, Indian Oil Corporation is seeking a Rs 5.6 per litre increase in petrol and Rs 7.6 a litre hike in diesel prices to offset the Rs 80-crore (Rs 800-million) revenue loss per day.
The top Indian Olympic Association (IOA) delegates were busy giving finishing touches to their action plan as they geared up for the crucial meeting with the International Olympic Committee in Lausanne to draw a roadmap for India's return to the Olympic fold.
Tokyo would be an inspirational choice to host the 2020 Olympic Games, Prime Minister Shinzo Abe told Olympic officials on Monday, with Japan keen to showcase its recovery from a devastating 2011 earthquake and tsunami.
Indian Oil Corporation on Tuesday reported 111.9 per cent rise in its net profit at Rs 6,115 crore (Rs 61.15 billion) during 2002-03 as against Rs 2,885 crore (Rs 28.85 billion) in the previous fiscal.
India's largest oil producer Oil and Natural Gas Corp and the country's largest firm Indian Oil Corp may get two chief executives each to manage their mammoth operations.
In a reprieve to the suspended Indian Olympic Association, the International Olympic Committee has decided to extend the deadline for adopting an amended constitution, the draft of which is currently being reviewed by the world body.
Indian Oil Corporation and Grasim Industries have jointly bagged the prestigious Rajiv Gandhi National Quality Award for 2003.
The International Olympic Committee and the soft drink giant, the Coca-Cola Company have renewed their partnership for the Olympic games for an unprecedented 12 years till 2020.
The International Olympic Committee has stripped Lance Armstrong of his bronze medal from the 2000 Sydney Olympics because of his involvement in doping.
Indian Oil Corporation, India's largest refiner, on Thursday sold half its stake in gas firm GAIL (India) Ltd for Rs 561.54 crore (Rs 5.61 billion) to repay debts and raise money for expansion plans.
Indian Oil Corporation is keen on acquiring stake in three refineries in Nigeria and is eyeing refinery turnaround jobs in African and West Asian countries.
International Olympic Committee (IOC) president Thomas Bach said on Tuesday that the Rio de Janeiro Olympics would be 'spectacular' and a 'great success' despite a political and economic crisis gripping the host nation.
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