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Searched Tag: indian oil corp ioc

An oil tanker ready to unload at an Indian port.

Indian refiners seek to fully restore Russian crude oil imports

September 8, 2025, 05:33 PM - 4 min read

Indian refiners, led by IOC, seek to restore Russian oil imports despite US tariffs and falling supplies, underscoring New Delhi’s defiance of Washington’s economic pressure.

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Before 2019, companies were required to invest or commit to invest ₹2,000 crore in either hydrocarbon exploration and production, refining, pipelines or liquefied natural gas (LNG) terminals in order to obtain a fuel retailing license in India

Govt to make it easier to set up petrol pumps

August 10, 2025, 06:02 PM - 3 min read

The government plans to catalyse the country’s fastest-growing fuel market by easing norms for setting up petrol pumps

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