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(From Press Trust of India)
IOC's business development efforts are now focussed on globalisation of marketing operations, export of products and services, diversification into natural gas marketing and linear integration---both upwards into oil exploration and production and downwards into petrochemicals, its Chairman- cum-Managing Director Sarthak Behuria said.
"In fact, we grossed our first US one billion in revenues through initiatives in these areas in 2004-05," Behuria said while addressing a meeting convened by the Utkal Chamber of Commerce and Industry (UCCI) here last night.
IOC, the country's largest commercial enterprise, with dominance …