Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.

Indian Oil reported an 11% increase in third-quarter (Q3) revenue but faces lower profits due to market challenges.

Indian Oil Corp (IOC) , the country's top refiner, reported a smaller-than-expected third-quarter profit on Monday, hurt by lower marketing margins and losses in its liquefied petroleum gas (LPG) ...

Africa emerged as the top destination for India’s petroleum exports in December, while shipments to traditional importers in ...

The consumption growth is expected to be led by fuels and products like petrol, aviation turbine fuel (ATF), liquefied ...

NEW DELHI (Reuters) - Indian Oil Corp, the country's top refiner, is facing a potential drop in its Russian oil imports this fiscal year ending March 31, following the latest U.S. sanctions on ...

State-run Indian Oil Corporation (IoCL) said on Tuesday that it will acquire 5-6 gigawatts (GW) of solar and wind power projects to expand its green energy portfolio. This is part of the country ...

Indian Oil Corporation Limited (IOCL) sees the share of Russian crude oil in its total import basket declining in the near term on account of the recent sanctions imposed by the outgoing Biden ...

Supreme Court held that the agreement between the oil marketing companies indicates that the price of petroleum products agreed under MoU is not a normal price and, therefore, is not a transaction ...

NEW DELHI - India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders, its head of finance Vetsa ...

As Russian discounts on crude fall to below $5 per barrel, the gross refining margins of India's public sector oil marketing ...