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Indian Oil eyes processing bio-naphtha for petrochemicals: Chairman Shrikant Madhav Vaidya

Indian Oil eyes processing bio-naphtha for petrochemicals: Chairman Shrikant Madhav Vaidya
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Indian Oil eyes processing bio-naphtha for petrochemicals -chairman

NEW DELHI (Reuters) - Indian Oil Corp., the country's top refiner, said on Friday it is looking to decarbonise its petrochemical feedstocks by introducing bio-naphtha at its crackers. | 05:43am

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Indian Oil eyes processing bio-naphtha for petrochemicals

Indian Oil eyes processing bio-naphtha for petrochemicals
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India urges oil producers to boost supplies as high prices bite | Hellenic Shipping News Worldwide

Indian petroleum minister Hardeep Singh Puri has urged global oil producers to boost global supplies of crude oil as consumption is taking place at a faster pace, squeezing cargo availability, putting upward pressure on prices and threatening to derail the demand recovery. The comments from one of Asia’s leading oil importers come after OPEC and ...

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Daughter of petrol pump attendant in Kerala bags seat in IIT Kanpur, netizens shower praise

Arya, who hails from Kerala, is the daughter of IOC customer attendant S Rajagopalan, while her mother KK Sobhana works at Bajaj motors.

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Top Indian Oil Refiner Betting on Robust Future for Fossil Fuels

Top Indian Oil Refiner Betting on Robust Future for Fossil Fuels
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India fuel sales return to pre-COVID levels on recovering economy

Demand started to recover with the easing of lockdown restrictions, with petrol returning to normal growth first and now diesel too is back at pre-COVID levels

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India fuel sales return to pre-COVID levels

Updated Mar 16, 2021 | 19:29 IST
With airlines not operating all flights, ATF sales remain below normal. "ATF may take a quarters time to return to normal, maybe 3-4 months," he said.
India fuel sales return to pre-COVID levels | Photo Credit: IANS
New Delhi: India's fuel demand, except ATF, has returned to pre-COVID levels and a reflating economy will help consumption grow in near future, head of the nation's top oil firm said on Tuesday. Fuel sales had fallen by a record 45.8 per cent in April last year when a nationwide lockdown was imposed to check the spread of coronavirus infections. Demand started to recover with the easing of lockdown restrictions, with petrol returning to normal growth first and now diesel too is back at pre-COVID levels.

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IOC to sell hydrogen plants to monetise non-core assets

State-run Indian Oil Corporation (IOC) plans to sell hydrogen generating plants at its oil refineries to monetise non-core assets and leverage operational efficiencies by bringing in domain experts, its Chairman Shrikant Madhav Vaidya said on Tuesday.
To begin with, the company will sell its hydrogen generating unit at its Gujarat refinery and based on the experience, may take up units at other refineries, he said.
The sale is part of the asset monetisation agenda of the government aimed at generating revenue from selling to private investors unutilised or part utilised assets.
"These (hydrogen generating units) are already operating units. Now we are trying to leverage the efficiency of operations by handing it over to the licensor of the unit," he said.

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Fuel demand has returned to pre-COVID levels: IOC's Vaidya

‘March first-half diesel sales rise 7.4%; reflating economy to spur consumption’

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