IOC buys first shale oil from US
State-owned Indian Oil Corp (IOC) has bought the country's first shale oil from the US and is looking to step up imports from America as part of its crude diversification strategy.
IOC bought 1.9 million barrels of US crude in its second import tender seeking oil from the Americas, company Director (Finance) A K Sharma told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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