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Tuesday, January 27, 2026
TopicOil refineries

Topic: Oil refineries

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.

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

India-Pakistan ready for lehenga diplomacy. Maryam Sharif has made the first move

Sometimes, we end up embroidering the truth as we overthink and overanalyse a fastidious lady’s personal wardrobe preferences for significant occasions.

India & EU announce “mother of all trade deals”. This is why it matters

Two sides also announce signing of a Security & Defence Partnership, launch negotiations for an intelligence sharing agreement & explore India’s addition to Horizon Europe programme.

From action near Myanmar to hand-to-hand combat in Kishtwar, meet this year’s gallantry award winners

Overall, President Droupadi Murmu has approved Gallantry awards to 70 armed forces personnel, including six posthumous, on the eve of 77th Republic Day.

Non-alignment is coming back in a new avatar: Trump-peedit alliance

No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.