Indian Oil Corporation announced cumulative investments of ₹43,359 crore at its Paradip Refinery. Ongoing and planned expansion projects include petrochemical and textile park ventures totaling ₹19,251 crore.
Indian Oil Corporation announced a fresh oil and gas discovery in Block Area 95/96, Libya. IndianOil holds a 25% stake in the consortium. The National Oil Corporation of Libya has formally recognized the find, reinforcing the block's potential. Detailed appraisal activities are planned to assess commercial viability and resource estimates.
