Indian Oil planning to enhance fuel trade with Bangladesh, Myanmar

NEW DELHI: Indian Oil Corp, the nation’s largest refiner and fossil fuel retailer, in in talks with Bangladesh and Myanmar to enhance trade of petroleum products and offer its expertise to set up oil infrastructure in the two countries. This month, Indian Oil will open offices in Bangladesh and Myanmar, with a plan to closely […]

Analysis: India eyes Myanmar’s Oil, Gas in Pursuit of Expanding Beyond Borders

​​ ​​ Myanmar’s dramatic growth in consumption of refined oil products and the inability of its aging refineries to meet that incremental demand have whetted the appetite of Indian oil companies to play a bigger role in the Southeast Asian nation’s oil and gas sector — from upstream to retail. Myanmar, one of the oldest […]

World Beating Growth Lures India Refiners to Myanmar Fuel Market

Indian refiners are seeking a foothold in neighboring Myanmar to capitalize on growth prospects as the Southeast Asian nation emerges from a half-century of military rule. Numaligarh Refinery Ltd., a unit of India’s second-biggest state-run refiner Bharat Petroleum Corp., plans to export gasoline to Myanmar. Indian Oil Corp., the largest refiner, is also keen on […]