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Indian Oil news: Indian Oil to double Ennore LNG terminal's capacity to 10 mln tpy

Indian Oil Corp plans to double its liquefied natural gas (LNG) import terminal at Ennore in southern India to 10 million metric tons per year, amid growing demand. The company aims to increase its share of gas in India s energy mix to 15% by 2030, and boost local gas sales to 20 million metric tons per year. ....

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Long-term LNG supply deal with IOC valued at $7-9 billion, says ADNOC Gas

Indian Oil Corporation Ltd's (IOC's) recently signed long-term liquefied natural gas (LNG) supply deal with Abu Dhabi's ADNOC Gas is valued at $7-9 billion, the UAE-based gas major said. ....

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Indian Oil Corporation Shares Fall Over 3.5% As Net Profit Slips In Q4

Shares of Indian Oil Corporation (IOC) on Wednesday fell more than 3.5 per cent after it reported a 31.4 per cent drop in the fourth quarter (Q4) net profit on a margin squeeze in petrochemicals and losses on auto fuel sales. ....

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