State-run Indian Oil Corporation, which has picked up a minority stake in high-tech battery maker Phinergy earlier this month, is holding discussions with leading domestic electric vehicle makers to start field trials for the metal-air batteries that the Israeli company specialises in. According to Indian Oil chairman Sanjiv Singh, they […]

Indian Oil Corporation (IOC) has invested around Rs 3,000 crore to upgrade its refinery at Haldia to meet BS-VI emission norms. The State-run oil marketing firm will invest another Rs 388 crore for setting up a grassroot bottling plant at Kharagpur, diesel exhaust fluid (DEF) plant at Budge Budge and […]

The Transporters Meet, an event for the transporter sector will commence in the port city of Visakhapatnam in Andhra Pradesh on Friday (February 21). The event is organised by BusinessLine in association with Indian Oil Corporation Ltd (IOCL) and Mahindra Small Commercial Vehicles, The second edition of the Transporters Meet […]

Public sector major Indian Oil Corporation (IOC) has decided to invest Rs 500 crore at Chitradurga in Karnataka. According to the company, the investment is for setting up a terminal for receiving, storage and distribution of petroleum, oil and lubricants (POL) under a common user facility (CUF) spread across an […]

State-run Indian Oil Corporation has bought a minority stake in Israel’s Phinergy and signed a joint venture deal to produce metal-air batteries, an alternative to more mainstream lithium technology. The country’s top refining companys’ Chairman Sanjiv Singh said IOC could use its vast retail network to supply the automotive sector […]


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