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Wednesday, October 1, 2025
TopicOil refineries

Topic: Oil refineries

Indian refiners prioritise petrochemicals expansion to reduce carbon footprint

The move aims to tap into new revenue streams while mitigating the cyclicality inherent in the oil and gas industry.

Oil refineries in India may be of smaller capacity in future, says Union Minister Hardeep Puri

India aims to raise its annual refining capacity to 9 million barrels per day (bpd), Puri said. Oil refining capacity in the country is currently at about 5.2 million bpd.

Indian refiners’ February crude processing stays elevated amid robust demand

Refinery throughput was 2% higher year-on-year at 5.46 million barrels per day (20.85 million tonnes) for February. Throughput stood at 5.39 million barrels per day (22.80 million tonnes) in January.

Oil refiners defer closures as workers flee or fall sick in India’s second Covid wave

Migrant workers have fled major cities in recent weeks amid fears of a repeat of last year’s national lockdown that left millions displaced and without jobs.

Diesel demand drop forces India to import gasoline as Covid skews output

The slump in diesel demand is forcing refineries to operate below capacity, but gasoline sales are back at pre-virus levels with people resorting to personal vehicles.

As refiners dump fuel, India is running out of space to store petrol, diesel and crude

Refiners in India, the world’s third-biggest oil consumer, have filled 95% of about 85 million barrels of fuel storage capacity.

Deal with Reliance allows Saudi Aramco to hold on to its grip over Indian oil market

Aramco’s plan to buy 20% of Reliance will allow Saudi Arabia to easily reclaim India’s top oil supplier spot from Iraq.

Naphtha sales are down & that’s bad news for global economy

The obscure hydrocarbon naphtha is used to make a vast array of goods and is also integral to churning out gasoline.

Fuel price cut can bring more pain for Indian oil refineries

Analysts say that retail prices of petrol and diesel in India are still Rs 3-4 rupees a litre lower than they should be given global spot prices.

On Camera

UNGA was Nepal’s missed opportunity. It can’t ignore foreign policy during domestic turmoil

The decision not to send PM Sushila Karki or a high-level delegation to the UNGA reflects how foreign policy often receives the least attention in Nepal.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

Maharashtra Police places order for US-made sniper rifles even as MHA recommends ‘Make in India’

New Delhi: The Maharashtra Police placed an order last week for 15 US-made Barrett Multi-role Adaptive Design (MRAD) sniper rifles and related accessories worth...

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.