
Raimondi welcomes Director of Sales to strengthen commercial roadmap

Proposal For Dry Port In Trichy To Boost Green Logistics
A proposal has been submitted to establish a dry port in Trichy, positioning the city as a strategic logistics hub for sustainable regional development. The facility, designed as an Inland Container Depot (ICD), would enhance exports and trade by shifting cargo from carbon-intensive road transport to a multimodal logistics system, reducing costs and emissions.Currently, exporters in Trichy face logistical challenges, including high transport costs and delays, as about 50 containers weighing 25 tonnes each are moved by road to distant harbours every month. A dry port would streamline supply cha..

IOC, BPCL Resume Russian Oil Buys As Discounts Widen
Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) have resumed purchases of Russian crude for September and October deliveries, after discounts on the country’s flagship Urals crude widened, two company officials confirmed.The refiners had paused imports in July due to narrowing discounts and heightened political pressure, after Washington criticised India’s Russian oil buys. Former US President Donald Trump also threatened a 25 per cent levy on Indian goods, effective 27 August, in response to New Delhi’s continued imports.With Urals crude now available at discoun..

Indian Oil, Air India Sign MoU For Sustainable Aviation Fuel
Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with Air India for the supply of sustainable aviation fuel (SAF), just days after becoming the first Indian company to secure ISCC CORSIA certification for SAF production at its Panipat refinery.The MoU underscores a shared commitment to low-carbon fuel adoption, supporting global decarbonisation targets and accelerating India’s transition towards sustainable aviation.“With our ISCC CORSIA-certified SAF from Panipat, Indian Oil is ready to provide a sustainable fuel solution that will help decarbonise air travel. P..