Oman Oil eyes 26% in Essar's tankages
Oman Oil Company plans to pick up a 26% stake in the tankages of Essar Shipping which will be hived off into a new company. This is a crucial part of its plan to participate in the equity of Essar Oil where again it proposes to pick up 26% equity.

ONGC sets aside Rs 600 cr for IOC's refinery
Oil and Natural Gas Corporation has earmarked an investment of around Rs 600 crore for the nine-million tonne east coast refinery being promoted by Indian Oil Corporation.

Indian Oil to market Elf additives in Chennai first
Indian Oil Corporation (IOC) will commence marketing of diesel and petrol additives of French oil major Elf in Chennai starting this month and later market them in Mumbai, Delhi and Calcutta and other major cities in the country.


  Making the best of an unfriendly environment
  Ford Ikon is a steal at Rs 5.6 lakh, feel dealers
  The Index
  Jet's ATR 72-500 to take off from October 15