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Monday, October 27, 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

After losing no.2 carmaker spot, Hyundai is betting big on the new Venue

Indian car buyers are just as tech-obsessed as their Chinese counterparts, and that obsession has taken precedence over handling and performance.

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.