Indian Oil Corporation

Exploding the myth

INCIDENT ANALYSIS The sight of a storage tank full of oil on fire is enough to strike fear into most firefighters’ souls. But how often does this really happen, and what causes tank fires? HCB does some digging

Terminal storage tank on fire at night

Private cash for IOT

IOT Infrastructure & Energy Services, the 50/50 Indian Oil Corp/Oiltanking joint venture, has raised Rs 100 crore ($20m) from India Infrastructure Development Fund, the private equity arm of UTI AMC.

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