(EnergyAsia, December 21, Monday) — Indian Oil Corp (IOC) has started work on its long delayed refinery in Paradip in northeastern India while expanding the capacity of a 120,000-b/d refinery in West Bengal state. The state-owned downstream company has begun constructing the 15-million-tonne-per-year (t/y) refinery, targeting completion in 2012. Approved 10 years ago, the Rs300…