"We can process Venezuelan crude if made available": IOCL Chairman

Jan 21, 2026

Chairman of Indian Oil Corporation Ltd (IOCL), A S Sahney, said that Indian refineries are "robust" and can process Venezuelan crude if it becomes...

India buys crude from clean entities, no embargo on Russian oil, says IOCL Chairman

Feb 12, 2025

India continues to purchase crude oil from various global suppliers while ensuring compliance with international sanctions, according to A S Sawhney, Chairman of Indian...

India's growth, stable crude prices favourable for both producers and consumers: IOCL Chairman

Jan 20, 2026

"India is growing at a phenomenal rate, and everybody is interested in talking about doing business with India," he said on the sidelines of...

Crude prices to remain unaffected by US tariff threat, supply chain disruptions may occur says IOCL Chairman

Feb 12, 2025

Amid the ongoing tariff threat from the US President Donald Trump, the crude oil prices will not be affected by it, says A S...

Indian Oil set to produce fuel for Formula 1 cars

Mar 06, 2024

Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Odisha's Paradip refinery, said SM Vaidya, Chairman, IOCL,...

RINL and IOCL sign 5-year MoU for supply of hydraulic and lubricating oils from 2024 to 2029

Aug 27, 2024

The exchange took place in the presence of prominent officials including R. Uday Kumar, Executive Director (Lubes) of IOCL, U. Sridhar, CGM (Works) I/c...