Tag: IOC

Inside Story: China-linked VLCC To Import Mexican Crude

India's IOC releases provisionally hired China-linked VLCC to import Mexican crude, states a Platts news source. Hong Kong-based commercial operator India's state-run Indian Oil Corp. has...

EU Continued To Push For A Ban on Russian Oil Imports

Oil prices are expected to be supported in the week ended June 3 as refined product inventories worldwide remained tight and the EU continued...

China’s Unipec Clasps Tanker Charter Ranking

China’s Unipec retains a firm grip in terms of global dirty spot chartering. Poten’s annual top 20 chartering chart for 2021 looks very familiar...

Indian Oil Expands JV with LNG Terminals

India’s refiner Indian Oil and Malaysia’s LNG giant Petronas are expanding their joint venture to establish LNG terminals, says an article published in Offshore...

IOC Chief Promise ‘Safe’ Olympics Amid Surging COVID19 Cases

New COVID-19 cases at Brazil delegation's hotel Russia women's rugby team isolating after masseur infected Host city records most daily cases in nearly...

Crude Rates Suffer As India’s COVID Crisis Worsens

Indian refiners have so far stayed away from slashing crude run rates sharply despite the surge in COVID-19 cases to record highs, but with...

CPCL Prepares New IMO Compliant Marine Fuel

CPCL has successfully prepared one batch of the new marine fuel as per IMO norms. IMO enforced a new 0.5 per cent sulphur...

India’s Oil Demand Witnesses A Slip Due To COVID-19

India is one of the fastest-growing oil markets in Asia in recent years. India's oil demand took a bigger hit in the first...

Refiners Step-up Production as Fuel Demand Increases

Indian refiners are scaling up crude processing as local fuel demand increases. Indian Oil Corp has raised crude processing at its plants to...

Indian Energy Major Begins IMO Compliant Fuel Supply

Indian energy major Indian Oil Corporation Ltd. has commenced delivery of IMO 2020 compliant fuel for ships, reports Bloomberg Quint.  Comply to low sulphur mandate In...
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