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Indian oil companies News

22 Mar 2022

Petrol and diesel to cost Rs 96.21/litre & Rs 87.47 in Delhi from today

The latest price increase means consumers will pay less than 1% more at the pump, despite a substantial increase in global oil prices since the conflict in Ukraine began last month, and a falling Indian rupee.

Indian oil companies

15 Oct 2018

This is India's plan to make up for shortfall from Iran Oil

India had contracted to import about 25 million tonnes of crude oil from Iran in the fiscal year 2018-19 (April 2018 to March 2019), up from 22.6 million tonnes imported in 2017-18.

Indian Oil Corp

10 Aug 2017

IOC to make first ever crude oil purchase from US this year

The official said IOC had last month sealed a deal to import 1.6 million barrels of crude from the US for delivery in the first week of October at its Paradip refinery in Odisha -- the first ever such purchase of US crude by an Indian state-run refiner.

30 Sep 2015

Indian oil companies pay $700 mn to Iran for oil

Essar Oil, MRPL and other Indian refiners today paid Iran USD 700 million to clear over one-tenth of their outstanding oil dues, the first payment this year ahead of easing of international sanctions against the Persian Gulf country.

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